News
NAIOP BREAKFAST
March 25, 2010
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| We snapped S-C Management's Irma Schretter and James Regis at Tuesday's NAIOP breakfast and asked about apartment livin?. These multifamily owner-managers think the market is strengthening a bit. James says they're seeing fewer concessions, and Irma says they've been able to raise some rents. It's a unit-by-unit phenomenon. Where there's a hands-on property manager who keeps tenants happy, they can push up rents. Also, Irma says Boston has kept its strength through the downturn and certain suburbs are ?feeling better.? |
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| Boston Development Group's Michael Barowsky and Bergmeyer's Ira Baline. Mike is looking for opportunities to buy corporate and medical offices and some apartment buildings. Ira said the weakness in specialty retail has affected his firm since one of Bergmeyer's specialties is retail prototype design. Instead, they're busy reconfiguring existing shopping centers for big box stores and implementing a new prototype for TD Bank at sites in Waltham,Melrose and Queens, NY. |
