2023 Ones to Watch Rising Stars: Jim Hogan, Northstar Project & Real Estate Services

What recent project, transaction or accomplishment are you most proud of? The redevelopment of the MIT/Kendall Sq. MBTA Station. For the past five years, I have managed on behalf of MITIMCo the redevelopment of 6,000 s/f owned by three parties – MIT, city of Cambridge, and the state of Massachusetts.

2023 Ones to Watch Rising Stars: Steve Koester, Corderman & Company, Inc.

What recent project, transaction or accomplishment are you most proud of? Over the last year, I had the opportunity to participate in the ACE Mentor Program in the Boston chapter. This year’s project involved developing an emergency response site in the Boston Common.

Identifying replacement properties in a 1031 tax-deferred exchange by Brendan Greene and Mark McCue

Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment” to defer paying capital gains taxes if the property owner sells such property, identifies “like kind” property within forty-five days of the sale, and acquires “like kind” property within one hundred eighty days of the sale. 

2023 Ones to Watch Rising Stars: Greg Bongo, CM&B

What recent project, transaction or accomplishment are you most proud of? I am proud of the portfolio of successful projects I have been part of while with CM&B. Building relationships with top-tier clients and receiving callbacks for the next project encourages a contagious momentum.

Industrial markets – What are they telling us? by William Pastuszek

The era of free money being over, and with post-COVID inflation eroding purchasing power and making everything more expensive, markets are adjusting to the higher cost of acquiring and holding real estate. Plus, everyone is kept on edge by what is going on inside and outside the borders of the nation. And in New England, we are eyeing what is going on in the rest of the country.

2023 Ones to Watch Rising Stars: Joe Mastrocola, CM&B

What recent project, transaction or accomplishment are you most proud of? In the fall of 2021, we completed the construction of one of Massachusetts’ first sports betting lounges. This complex project required significant planning and communication to turn the project over on time and on budget with minimal impact on the client’s 24/7 fully operational environment.

The economy is a big unknown right now by David O'Sullivan

The economy is a big unknown right now. There is fighting in Congress over budget and debt limit, speculation on the Fed’s next move and questions about which banks may be heading for trouble. So where do we turn for advice on the next trend in the real estate industry? There is really a mixed bag when it comes to the industry. 

2023 Ones to Watch Rising Stars: Maria Montas, Bergmeyer

One thing on my bucket list: Each year, I make it a priority to visit a place I have never been before, whether it’s a different state, a different country or even a different continent to explore new cultures and ways of life. Ultimately, I strive to visit all seven continents.

2023 Ones to Watch Rising Stars: Katherine Garavaglia, Robinson & Cole LLP

One thing on my bucket list: For my personal bucket list, I grew up speaking French and English, but my goal is to become fluent in Spanish, Italian and Arabic. Professionally, one item on my bucket list is to close a deal in every state and inhabited U.S. territory. I only have four states and two territories left!

Retail roulette: The risks and rewards of relocation clauses in commercial leasing by Adam Barnosky

Given changing economic conditions and shifting consumer trends in the commercial real estate market, developers require flexibility when expanding or modifying retail centers, while tenants seek stability and often invest heavily in a specific location with unique visibility and benefits.