What recent project, transaction or accomplishment are you most proud of? A prospective borrower recently reached out to Washington Trust’s Commercial Real Estate team for construction financing for a new luxury residential subdivision in Rhode Island. Due to strong demand and a large number of presold units, the prospect’s former lender was unable to provide financing.
What recent project, transaction or accomplishment are you most proud of? Since starting in 2023, I have been a part of 16 office, industrial and retail leasing transactions totaling over 64,000 s/f. I successfully helped represent Cressey Performance for their 15,000 s/f renewal at 577 Main St. in Hudson, Mass.
What recent project, transaction or accomplishment are you most proud of? I’m incredibly proud of building Castle Island Brewery in South Boston. Located in the historic former Cole Hersee manufacturing facility, the 9,500 s/f brewery features a tasting room adorned with a custom mural and focal wall, retail area, and private event space.
What recent project, transaction or accomplishment are you most proud of? I advised a local lender regarding a $32 million loan facility to affiliates of a renewable energy company for construction and permanent financing of six solar photovoltaic and energy storage systems on various properties in Massachusetts and Rhode Island.
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.
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.
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.
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.
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.
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. 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.
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.