Name: Maria Tilaro Higgins
Title: Senior Counsel
Company: Hecht Development
Location: Concord, Mass.
Birthplace: Kingston, N.Y.
Family: Husband, Ted and three children
College: St. Lawrence University, B.A.; Boston University School of Law, J.D.
First job unrelated to your current field: Retail
First job in real estate or allied field: Summer associate, Posternak, Blankstein & Lund
What do you do now and what are you planning for the future: Aquiring and developing retail sites, expanding to other properties with creative potential
Hobbies: Tennis, spinning, design, reading
Favorite book: "Gift from the Sea"
Favorite movie: "The Sound of Music"
Key to success: See the big picture but follow up on the details
If you had to choose another vocation what would it be? Program director at Martha Stewart Living Radio
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.