Name: John Schonborn
Title: Financial Analyst
Company: Hecht Development
Location: Concord, Mass.
Birthplace: Walnut Creek, Calif.
Birth Date: 1986
Family: Mother, father, sister
College: Tufts University
First job unrelated to current field: Real estate
First job in current field: Staubach Retail
Hobbies: Soccer, cooking, traveling
Favorite book: "Rigged"
Favorite movie: "Batman, The Dark Knight"
Persons you admire most (outside of family): Warren Buffett
Key to success: Persistence
If you had to choose another vocation what would it be? Architecture
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.
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.
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.