What person, project, transaction, or market trend had the greatest impact on your industry this year? Our greatest impact was industrial and lab work. How has your career path changed in 2023? We are lucky that we are a very diverse company in all construction markets.
What person, project, transaction, or market trend had the greatest impact on your industry this year? Dr. Anthony Fauci. What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023?
What person, project, transaction, or market trend had the greatest impact on your industry this year? Staying away from drones. What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023?
What person, project, transaction, or market trend had the greatest impact on your industry this year? The high interest rate environment presented us with headwinds for new acquisitions. For our preferred markets and asset classes, the lower deal volume as well as strong price stability due to the Greater Boston Area’s
What emerging trends will drive investment and development in 2024? The commercial real estate industry will likely be driven by the changing landscape post COVID. Examples include the increase in technology focused on our industry as well as the emergence of AI overall.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Over the past few months, I have been working with the AGC BWiC Committee and Christy Murphy of The Vertex Companies to launch a podcast called “Behind the Facade.”
What person, project, transaction, or market trend had the greatest impact on your industry this year? Interest rates had a major impact on construction this year, indicating the FED’s success in curbing inflation. Unfortunately, this has led to a slowdown in work, stalling numerous projects.
What person, project, transaction, or market trend had the greatest impact on your industry this year? I challenged myself to grow/expand into adjacent markets to offer expanded security solutions to all our clients. Additionally, by focusing on the basics, territory growth becomes a reality.
What person, project, transaction, or market trend had the greatest impact on your industry this year? The high volatility of price escalation experienced in 2021 and 2022 has generally normalized to more traditional escalation, and supply chain issues have also mostly stabilized.
What person, project, transaction, or market trend had the greatest impact on your industry this year? In an ever-changing market, we are seeing a shift towards outsourced strategic marketing that is more all-encompassing. Firms that work with agencies who can combine branding, social media management, community relations and public relations
What person, project, transaction, or market trend had the greatest impact on your industry this year? The sale of 290 and 300 Binney by Boston Properties to Norges Bank signals that there still is confidence in Greater Boston’s life sciences sector despite current headwinds.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Through our internal credit-training program, we have promoted five portfolio managers across our footprint to commercial bankers. Two other commercial bankers have also been newly promoted to regional executives.
What person, project, transaction, or market trend had the greatest impact on your industry this year? Over the past twelve months, the multi-family market has remained quite strong. We still see solid activity in this market moving into next year.
What person, project, transaction, or market trend had the greatest impact on your industry this year? The market trend that has had the biggest impact on our industry this year is the ongoing challenge to find skilled labor to perform the work.
What person, project, transaction, or market trend had the greatest impact on your industry this year? The greatest market trend that drove our business this year was actually a combination of rising interest rates, stabilization of inflation and federal infusion of capital into infrastructure.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? My greatest professional accomplishment this year was definitely joining Vantage Builders as a project executive. What’s impressed me at Vantage has been the team.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Our most notable project of 2023 was the completion and full build out of Revolution Labs for our client at Greatland Realty Partners. It was a very successful project
What person, project, transaction, or market trend had the greatest impact on your industry this year? Rising interest rates have had the greatest impact on the commercial real estate industry over the past year. Owners don’t want to sell at lower prices and investors are shying away due to increased lending cost.
What market trend has had the greatest impact on your industry this year? We closely follow the financial markets, because it is essential to have a good grasp on the course of the Fed’s monetary policy decisions and the reasoning behind them.
What person, project, transaction, or market trend had the greatest impact on your industry this year? In 2023, my greatest achievement was teaching Modern Real Estate Transactions at New England School of Law, where I shared practical insights into commercial real estate law with upper-class students