News: Owners Developers & Managers

The Pike Co. honored at Conn. Building Congress Project Team Awards

According to The Pike Co., they were part of the Sports and Medical Sciences Academy project team that won the first-place award in the "K-12 Schools - New or Renovation" category of the 2009 Connecticut Building Congress Project Team Awards. In its 13th year, the awards ceremony recognizes design, teamwork, problem solving and timelines among participants in the construction process. Pike provided cost estimating services for the $71 million project, adopting a close collaboration with the other team members that improved the quality of it. The expansion and renovation created a new, 158,000 s/f Sports and Medical Sciences Academy that became home to 725 students when it officially opened almost one year ago. The school is equipped with 9 science labs, a broadcasting studio, a full size gymnasium and a field house with a rock-climbing wall. The theme of the Sports and Medical Sciences Academy is to interest students in pursuing higher education to study all fields related to sports: medicine, physiology, broadcasting, management, research, nutrition and fitness. DuBose Associates Architects designed the project, and Diggs Construction was the project manager.
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Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and