Category: Spotlight Content

A continuation of strong activity. Ride the wave! From a commercial office and retail leasing standpoint, landlords and tenants alike are recognizing the importance of establishing a creative, enjoyable experience for their employees and customers.

With the expected opening of the Pawtucket-Central Falls commuter rail in 2022, it will act as a catalyst for increased transit-oriented economic development. The 150-acre Conant Thread District, abutting the new commuter station, becomes a great place to either lease or purchase useable historic mills. Working with the state and federal governments,

As a trusted risk advisor, ORMS is focused on helping our financial institution partners consummate complex deals in a safe and efficient manner. In 2018, we were honored to have supported our bank and credit union partners in financing CRE transactions of all shapes and sizes. 

Jackson Walnut Park Schools: This project benefits students and faculty in many ways, which is always an outcome we are proud of. This new space also complements the school’s historic landmark building–an 1867 Second Empire mansion–with a contemporary design that promotes 21st Century learning. The 10,346 s/f center houses a new full gymnasium, theatrical stage, expansive culinary

PTC’s new global headquarters in the Seaport District is more than notable: The company’s move from Needham to Boston is a key part of the company’s business transformation. It’s a whole different mindset moving from a suburban to an urban space, and PTC’s leadership is changing its workplace strategy to anticipate the technology and workforce of the future. It’s an exciting time for them, and

The economy is strong. I have seen an increase in fitness, health and wellness small businesses in 2018 and see no sign of that slowing down in 2019.

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.