James Ainsworth President & CEO Konover Development
Name: James Ainsworth (Jim)
Title: President & CEO
Company: Konover Development Corp.
Location: 135 South Rd., Farmington Conn.
Place of birth and year: Portsmouth Virginia
Family: Wife- Nancy; son-Daniel
College: Bucknell University
First job outside of real estate: Howard Johnson's - Waiter
First job in real estate or allied field: Hartford Development Group, CFO
What do you do now and what are you planning for the future? Now: Specializing in retail real estate development throughout New England for national tenants. Projects range in size from free standing pharmacies to power centers. Future: Expanding business to Mid-Atlantic region.
Hobbies: Travel, pet rescue, book club.
Favorite book: A Prayer for Owen Meany by John Irving.
Favorite movie: Brave Heart
Person you admire: Ernest Shackleton
Key to success: Aim high; deliver higher; expect no less.
If you were forced to choose another vocation what would it be? Adventure Tour Guide.
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.