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GBREB Foundation raises record amount for student scholarships in 2017

On June 2, 2017, the Greater Boston Real Estate Board Foundation held its annual scholarship breakfast where almost 50 college scholarships were awarded to students from the Greater Boston area.  The scholarships are “Last Dollar In,” scholarships designed to complement and provide additional resources to a student without affecting the financial aid they receive from their school. 

Ron Druker was awarded the Humanitarian of the Year Award for his passionate commitment to education, the arts and improving the quality of life for people in the Greater Boston area.  John Barros, the Chief of Economic Development for the City of Boston was honored as a “First One,” which an award is recognizing that he was the first person in his family to attend college.  In addition, 15 students received summer internships in the real estate field at a host of commercial and residential real estate companies in Boston.   

The Greater Boston Real Estate Board Scholarship Fund was established in 2012 with the goal of helping economically disadvantaged young people attend and graduate from college by providing them with scholarship assistance and financial aid counseling. In order to accomplish their mission, GBREB partnered with uAspire, a Boston-based organization that has been helping students from low-income families find an affordable path to a postsecondary education since 1985.

Now in its fifth year, the GBREB Foundation has awarded over $500,000 in 'last dollar' scholarships that are granted for the purpose of filling the gap between students' financial aid and the costs of college beyond tuition – such as room and board, computers, books and supplies to graduating seniors in the Greater Boston area. Scholarships of $1,000-$5,000 are awarded to students each spring based on financial need, academic achievement, leadership, extra-curricular involvement, and short written essays, and are guaranteed for two years. These scholarships can sometimes be the determining factor as to whether or not a low-income student will attend college.

The GBREB Foundation Scholarship Fund Leadership Breakfast, first held in 2015, was envisioned as a way to honor the students receiving the GBREB Foundation scholarship awards as well as the donors who contributed to the fund. Now held annually, the breakfast simultaneously recognizes Massachusetts business, government, education, nonprofit and community leaders with the uAspire First One Award, given to those individuals who were the first in their families to graduate from college and make noteworthy contributions to their field and society at large.

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You Are Invited...

Tuesday, November 21, 2017
Location: UMass Club, One Beacon St., 32nd Floor, Boston

On behalf of REFA President Paul Nasser, CFO & COO, Intercontinental Real Estate Corporation, we invite you to attend REFA's Annual Holiday Party in conjunction with an appreciation reception. Network with colleagues and enjoy complimentary hors d'oeuvres and drinks in a relaxed and festive setting.

Celebrate with a Cause...
In the spirit of giving, we will be holding a gift card drive  benefiting FamilyAid Boston, an organization committed to helping end homelessness within the Boston area. In exchange for your gift card, you will receive a raffle ticket for a chance to win a prize!

To register, please click here or contact Jackie DiPersio.
*Please register by Monday, November 20th. Please note: if you have already received an invitation to this event, you do not need to re-register. 

REFA Non-Committee Member: $50
REFA Non-Member: $70

REFA President's Reception and Holiday Party
REFA

2017 BOMA Boston TOBY & Industry Awards Winners

On Thursday, November 16th, BOMA Boston's annual TOBY & Industry Awards event took place at the Boston Marriott Copley Place. Over 550 guests were in attendance to celebrate the achievements of over 20 individuals and buildings. Thank you to all sponsors, and thank you all for joining us!

2017 TOBY winners:
Over 1 Million SF: 53 State Street, owned by UBS Realty Investors and managed by Lincoln Property Company.
500,000-1 Million SF: One Boston Place, owned by TH Real Estate and Invanhoe Cambridge and managed by CBRE | New England 
250,000-500,000 SF: 25 Mall Road, owned by PRIM Mall Road, LLC and managed by CBRE | New England 
100,000-250,000 SF: 38 Chauncy Street, owned by Hive Property Owner, LLC and managed by Synergy Investments
Corporate Facility: New Balance Headquarters, owned by NB Development Group and managed by Transwestern 
Earth Award: 101 Seaport Boulevard, owned by Union Investment Real Estate GmbH and managed by CBRE | New England 
Historical Building: 160 Federal Street, owned by Rockpoint Group and managed by Rockhill Management 
Medical Office Building, 800 Huntington Avenue, owned by LaSalle Investment Management and Managed by CBRE | New England
Mixed Use Building:  Rowes Wharf, owned by Morgan Stanley and managed by JLL
Public Assembly:  Warrior Ice Arena, owned by NB Development Group and managed by Transwestern
Renovated: Riverfront Office Park, owned by Deutsche Asset Management and managed by CBRE | New England 
Retail: Riverway Plaza, owned by CBRE Global Investors and managed by CBRE | New England
Suburban Low-Rise:  Westborough Executive Park, owned by Albany Road Real Estate Partners and Managed by Transwestern
Suburban Office Park Mid-Rise: Fifth Avenue @ City Point, owned by Anchor Line partners and managed by CBRE | New England.

 
Industry Award Winners:
Property Manager of the Year – Low Rise: Cynthia Taylor, CBRE | New England
Property Manager of the Year – Mid Rise: Matt Callahan, Transwestern
Property Manager of the Year – High Rise: Clayton Wentworth, CBRE | New England
Property Manager of the Year – Suburban: Nicole Townsend, CBRE | New England
Engineer of the Year: Sean Hanson, CBRE | New England
Affiliate Member of the Year: Amy Benoit, Director of Sales and Marketing, 24 Restore
Affiliate Company of the Year: ACP Facility Services
 
Congratulations to all winners!


Thank you Platinum Sponsor


For more information or to register for the Awards Dinner, please visit our event website or contact Heather Dupont, 617-399-7863.

TOBY & Industry Awards Winner Announcement
GBREB
A Quarter 3 survey of industry decision-makers about business plans, expectations and trends in the apartment housing industry

Click for Report
Q3 Market Momentum
GBREB
Baby cams, also known as nanny cams, are popular with parents today. The tiny, easy-to-hide devices help parents keep tabs on their kids while they’re away.  State privacy and “wiretapping” laws differ, but for the most part, you’ll want to let buyers know upfront if there’s a chance they’ll be captured on one of these or other types of surveillance devices while they’re in the house.
The key issue is expectations of privacy. If you’re inside someone’s home, you have a right to expect a certain amount of privacy; if you’re outside—say on a public sidewalk—you can’t always expect the same level of privacy.

In a similar manner, if you’re recording a phone conversation, privacy expectations are relevant. People expect a phone conversation to be private, so you’ll want to let them know beforehand if you plan to tape the conversation to keep accurate notes or for other reasons.

Massachusetts's wiretapping law is often referred to as the "two-party consent" law.  Under Mass. Gen. Laws ch. 272, § 99, it is a crime to secretly record a conversation, whether the conversation is in-person,  taking place by telephone or via another medium (such as a secret video recording where sound is captured.)  Thus, a prudent REALTOR® will make it their practice to ask a seller (or the listing agent if representing a buyer client) if there are any recording devices in the home and to inform all parties to a telephone call or conversation that they may be or are being recorded, unless it is absolutely clear to everyone involved that the recording is not "secret".  

It should be noted that recording without sound is not unlawful under Massachusetts law.  However, best practice would suggest that buyers and their agents be informed about any video recording devices – with or without audio. Under Massachusetts's wiretapping law, if a party to a conversation is or has been made aware that their conversation is being recorded and does not want to be recorded, it is up to that person to leave the conversation.  

Privacy issues that involve REALTORS® are illustrated in this Voice for Real Estate video  from the National Association of REALTORS® (NAR). The video shares excerpts from a recent video by NAR’s Legal Affairs division on what you need to know about surveillance cameras when you’re showing a house or recording a phone conversation with customers or clients.
Is Your Seller’s Baby Cam a Lawsuit Waiting to Happen?
GBAR
Realtor® Magazine is currently accepting applications for its annual “30 Under 30” list which recognizes the rising young stars in the real estate industry. Candidates are reviewed by the REALTOR® Mag staff that look for REALTORS® who are successful in the real estate business and have demonstrated skill, success, creativity and leadership in their careers. GBAR has had several members stand out from the crowd and be honored in past 30 Under 30 classes. If this sounds like you, we encourage you to apply today!

Announced each May, the deadline to apply for “30 Under 30” is January 12, 2018. Click here for a list of frequently asked questions about the 30 Under 30 program. 
Realtor® Magazine Now Accepting Applications for “30 Under 30”
GBAR
On Monday, November 6th, representatives from the Greater Boston Real Estate Board (GRBEB) and Massachusetts Association of REALTORS® (MAR) testified before the Joint Committee on Telecommunications, Utilities and Energy in opposition to S.1839 An Act Relative to Home Energy Efficiency sponsored by the late Senator Kenneth Donnelly.   The bill would require sellers to complete a home energy audit prior to sale and would capture condominiums, single-family homes , and multi-family residential home with fewer than five units.

The bill would require the seller or seller’s agent to disclose to a prospective buyer the information obtained by the energy audit at the time of listing or prior to the signing of a purchase and sale, whichever comes first. It would also direct the state Department of Energy Resources to establish an energy scoring program for the sale of residential property.    

GBREB and MAR have consistently opposed adding new requirements at the time of transfer. In testimony before the Committee, GBREB and MAR expressed concern the legislation will unnecessarily complicate and delay the home buying process as well as impact the negotiation of contracts regarding the acceptability of the ratings. In addition, concerns were raised regarding stigmatizing older homes and adversely impacting home values.  

Under current state law, home inspectors and associate home inspectors are required to provide a document outlining the procedures and benefits of a home energy audit to all clients purchasing a single-family residential dwelling, a multiple-family residential dwelling with less than five dwelling units or a condominium unit in structure with less than five dwelling units. In addition, Massachusetts residential consumers currently pay a surcharge on their energy bills for energy audits they can have performed on their home at no additional cost.   

Despite strong opposition from MAR and GBREB, several legislators expressed support for the bill during the public hearing. The bill has seventy-one co-sponsors who support the bill. 
State Lawmakers Consider New Disclosure Requirement For Sellers and Seller Agents
GBAR
GBAR’s Young Professionals Network and Industry Affiliates Committees are coming together to kick off the holiday season with a networking night at the Violet Thorn in Natick

Whether you are young in age, young in business or young at heart, you’ll enjoy  fun night of food, drinks and networking with some of the industry’s newest members and an ever-growing group of industry professionals. This is a great opportunity to expand your industry knowledge and referral network, you don’t want to miss out!

We ask that you to please register online in advance of this event and in lieu of a registration fee, we are asking for monetary donations that will be donated to the local chapters of the American Society to Prevent Cruelty to Animals.

Please contact Suzanne Bernard at 617-399-7851 or sbernard@gbreb.com to register or with any questions about this event.
 
Kick Off the Holiday Season with GBAR’s YPN & Affiliates
GBAR
David Wluka has been appointed as the National Association of REALTORS® (NAR) Regional Vice President for Region 1, which is comprised of the six New England states. He becomes one of 13 regional vice presidents that are elected by the NAR Board of Directors. In the role of RVP, Wluka will oversee the work of the association and serve as an NAR spokesperson, will attend regional conferences, and chair the regional caucuses held at NAR’s two annual meetings

Wluka has served the Greater Boston Real Estate Board (GBREB) as chairman in 1999, and served as the president of the Massachusetts Association of REALTORS® in 2006. He also currently serves as the State Political Coordinator for Massachusetts Senator Elizabeth Warren.

In a statement on NAR’s website, Wluka said, “I have worn many hats during my real estate career: agent, broker-owner, franchisee, franchisor, and independent. Additionally, I have been honored to serve in many leadership roles. I have always embraced the idea that change is constant and is a continual invitation to grow and innovate. I look forward to doing my small part to keep our members successful in 2018!”

Congratulations David, we all wish you a successful 2018 in your role at NAR!
GBAR Member Appointed to NAR Leadership Position
GBAR

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CIPS Core Course: Transaction Tools
One Center Plaza
8:00am
 
RHA President's Awards Reception
Westin Waterfront
5:30pm
 
GBAR YPN And Affiliates Networking Event
Crowne Plaza- Violet Thorn
6:30pm
 
NAA CAMT Credential
ARS Headquarters
 
Members Only Breakfast: East Boston Transformation
Nutter
7:45am