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Click the button below to read the RHA NextGen Member Newsletter - March 2019

Stories include:
-2019 NALP Course Recap
-NextGen Member Spotlight: Ryan Monaghan - Area Manager, Beacon Communities
-NAA Industry Report: Why 2019 is the Year of Sales in Multifamily
-Featured New Community: The Kendrick

Click for Newsletter

NextGen Member Newsletter - March 2019
GBREB NEWS

Boston CRE Summit on Equity, Inclusion & Diversity

Diversity and inclusion have been topics in Commercial Real Estate for some time.  However, with the changing political climate and the publication of the Boston Globe’s series titled “Boston. Race. Image. Reality.,” where we learned the average African-American family has a net worth of $8, we’ve seen a shift in focus to equity - a term near and dear to our commercial real estate hearts. 
 
GBREB has joined forces with AAREP, Builders of Color Coaltion, CORENET Global, CREW Boston, ULI Boston/New England and NAIOP Massachusetts to work together to begin the first of many conversations around awareness, education, and action to move the needle on Equity, Inclusion and Diversity.

Led by some of Boston’s most forward thinking and acting DEI experts, this interactive series of programs will teach you how to help your organization make small steps to big change, while networking with peers from across the industry.
 
Topics to be covered include:
* Learning about Equity, Diversity & Inclusion
* Discussing Equity’s dual meaning to real estate and inclusion
* Overcoming blind spots and being culturally sensitive
* Identifying and eliminating barriers to a more inclusive culture
* Facilitating debate, conversations, and community building

Click here to register
Boston CRE, Equity, Inclusion and Diverstiy Summit
GBREB NEWS

Cancelling Scheduled Elevator Inspections & Acceptance Test Re-Inspection Fees

 The Commonwealth of Massachusetts Division of Professional Licensure Office of Public Safety and Inspections has recently issued an advisory regarding a change to the Massachusetts Elevator Regulations, 524 CMR 1.10 (4) regarding canceling scheduled inspections and change to OPSI Policy regarding fees for acceptance test re-inspections.
 
Effective June 1, 2018 all types of inspections canceled by the owner or contractor within ten days of the scheduled inspection will result in forfeiture of all fees and a requirement to refile for said inspection.   Owners or contractors cancelling inspections within ten days of the scheduled date are required to re-submit application and payment in order to have the elevator re-scheduled.
 
Due to the large number of elevators requiring re-inspections for acceptance tests the department will charge a $400 fee for all acceptance test re-inspections. Effective May 1, 2019 a $400 fee will be required for each re-inspection needed to pass an acceptance test.  Prior to May 1, 2019 the department did not charge for the 1st re-inspection.

Owners and contractors are advised to pre-inspect elevators prior to submitting a request for inspection, so that a re-inspection is not necessary.

Elevator Re-Inspection Fees
GBREB NEWS

Monday 3/18 & Tuesday 3/19 Public Hearing On Wetlands By-Law and Real Estate Sales Tax

The Boston City Council will be holding two public hearings next week of interest to the real estate industry.    Both hearings will be held at Boston City Hall in the Iannella Chamber, 1 City Hall Square 5th Floor.  Members of the public are welcome to attend.

WHAT:  Wetlands ByLaw
DATE:  Monday, March 18th
TIME:  11:30
Docket #0250 - An ordinance protecting local wetlands and promoting climate change adaptation in the City of Boston.
SPONSORS:  Councilors Wu, O'Malley, Flaherty, Edwards, Essaibi-George, Flynn, Janey, McCarthy, Zakim and Campbell

WHAT: Real Estate Transfer Tax
DATE:  Tuesday, March 19th
TIME:  2:00 p.m.
Docket #0187 - A hearing regarding a petition for a special law re: An Act Authorizing the City of Boston to Establish an Investor and Commercial Properties Transfer Fee.
SPONSORS:  Edwards, Janey, Wu, Ciommo, Essaibi-George, Flynn, Garrison, O’Malley, Zakim and Campbell

Boston Wetlands, Real Estate Sales Tax Hearing
 

Events

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Event
GBREB Massachusetts Executive Office Breakfast Briefing
May 10, 2019
Two Center Plaza
Training Room
Boston, MA
2019 RHA Red Sox Outing
May 14, 2019
Van Ness
1335 Boylston Street
Boston, MA
Breakfast Buzz & Biz
Jun 06, 2019
Oak Row
1235 VFW Parkway
West Roxbury, MA
RHA Summer Cookout
Jul 27, 2019
Gillette Stadium
1 Patriot Place
Foxborough, MA

Calendar

Event
GBREB Massachusetts Executive Office Breakfast Briefing
Two Center Plaza
8:15am
 
NAAEI CAMT Credential
ARS Restoration Specialists
 
2019 RHA Red Sox Outing
Van Ness
5:30pm
 
Breakfast Buzz & Biz
Oak Row
8:30am
 
RHA Summer Cookout
Gillette Stadium
5:00pm