I’m proud of many initiatives that have taken place since I took office in May. We’ve ensured free access to our beaches, expanded our road paving program, and made improvements at our larger recreational facilities. I’ve restructured our finance/treasury department to improve efficiencies. I’ve also ended policies enacted by the previous administration that were costly to taxpayers, and continue
In terms of our higher profile projects, I would point to the Harborwalk Apartments on the waterfront in Plymouth, Mass.
With this first phase of construction consisting of a large four-story building with 155 units, this is not only a significant project in terms of dollar value, it’s also one of the more visible projects being
2018 was a year of incredible growth for The Masiello Group, and my most notable accomplishment was cultivating this dynamic team of new and experienced agents and helping them expand their businesses. I personally had two notable deals this year.
The CRE industry is still strong, particularly in the Boston and greater Boston areas. There is a lot of activity throughout the Rte. 128 belt in the office, science and technology spaces with even moderate activity throughout the Rte. 495 belt with the expansion of the industrial markets. 2019 should be a strong year, similar to 2018. I would anticipate some softening of the market
Like 2018, scratching for any inventory. One sector we have seen a decline in absorption in has been the suburban office markets. Although there has been slight activity in northern R.I., the Warwick sub-market has been very quiet during 2018 and looks to continue that trend into 2019.
We are immensely proud to have grown our business for the 9th straight year. Because we often focus on small balance lending, this growth has allowed us to help more financial institutions lend on more CRE loans, enabling more small businesses to secure the financing needed for property development and purchases.
One of ORMS’ goals is to promote commercial development, job growth and the expansion of the economy in support of the American dream.
During my five terms as mayor, I cut regulatory red tape to reduce time and cost of permitting and enhanced customer service to businesses.
???????Streamlining the city’s regulatory process has been a major priority of my administration. Specifically, I merged the planning and zoning departments and implemented e-permitting to more eff
The fabrication and installation of the 8,000+ ton SoNo Collection project in Norwalk, Conn. It was a tremendous effort by our team and something we are very proud of.
In 2018, our firm took a huge leap forward with interactive design by embracing virtual reality as a design tool. New 3D design capabilities provide our clients with a better spatial understanding of their project during the design process, and help to save time and money through risk reduction and improved quality control. Five years ago, using BIM as a real-time, modeling tool for 3D renderings was cutting-edge. Today, our clients put on virtual reality goggles and can virtually stand in their new space. This interactive design is light years ahead, and the response from clients has been amazing.
Boston’s commercial real estate market continues on the upswing. Many new projects are underway - in downtown Boston, the Seaport area, the Fenway area, and the Fenway section over the Mass Pike. The universities and hospitals are also expanding. At Abbot, we are excited about our city and how the expected growth