What person, project, transaction, or market trend had the greatest impact on your industry this year? We are seeing an increase in commercial and residential management. There are several people in the industry who have provided me with opportunities to take on more challenging projects
What person, project, transaction, or market trend had the greatest impact on your industry this year? Jerome Powell has been the harbinger of bringing the economy to a grinding halt, which has been great for users looking to acquire property that was formerly out of reach.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? In June of this year, we launched “Vision to Reality – Revitalizing the Heart of Bridgewater.” V2R is a holistic comprehensive revitalization strategy
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? The 2023 Report on the Economic Impact of Quonset Business Park completed by Bryant University made clear that Quonset is the region’s leading engine of job creation and economic growth.
What person, project, transaction, or market trend had the greatest impact on your industry this year? While attending the DBIA national conference this year, it was exciting to hear how more owners are seeing the benefits of design-build as a delivery system to help control costs, meet schedule and provide better quality.
What was your greatest professional accomplishment or most notable project, deal, or transaction in 2023? Having been a restaurant broker for almost 44 years, I’ve built strong relationships/friendships with some wonderful professionals. One of these friends, a very prominent hotel broker, referred me to a restaurateur in North Conway
What emerging trends will drive investment and development in 2024? There is an ever-critical need and trend for owners and facility managers to preserve their most important physical asset, the building structure. This is best achieved through a proactive, well-planned building envelope inspection program
What person, project, transaction, or market trend had the greatest impact on your industry this year? It was definitely interest rates. Investment properties analyzed in the summer of 2022 and put on the market in September were already overpriced as rates went to 6% that fall.
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
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? 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 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.