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March 2017  |  Newsletter

President’s Letter

A big thanks to all of our members and guests who participated in the wide variety of our CREW CT programs during the month of February; something for everyone! Our full program on Feb. 2 kicked off the year and featured a timely topic on Assisted Living and Memory Care facilities, a subject that so few of us are well-versed in and yet is becoming a big player in our industry. Our joint event with CoreNet on Feb. 28 brought out a large number of our members and prospective members for a networking program and truly felt like a celebration of our mission. On the social side, a fun-loving group attended the UCONN hockey game mid-month. We are SO thrilled to offer such a wide variety of programs and events for our members – spanning topic, type and time of day. Keep your ideas and energy coming!

President PhotoCourtney Hendricson, President

CREW CT was also pleased to serve as a co-sponsor for the second annual Women Who Build conference at the University of Hartford’s Construction Institute this past month. The room was packed with commercial real estate professionals and the event is quickly becoming one you don’t want to miss, both for the content and the connections. It was great to spend time with our many women colleagues in real estate and celebrate the great work of women…who build.

Our committees are in action and I want to commend them for their work so far this year and invite you to join us for our many upcoming programs this next quarter See you soon. Cheers, Courtney

Assisted Living and Memory Care Program Offered Insights into Changing Housing Needs of Aging Populations

Feb Photo
Left to right: Ann Melite, Jenna Bennetti,
Tim Hollister and Courtney Hendricson

Changing demographics are driving a change in real estate offerings for the aging population in the U.S. The population aged 65 and over will grow from 48 to 79 million in the next 20 years. By 2035, one in three households in the U.S. will be headed by someone 65 or older. Expert speakers Timothy S. Hollister, attorney and Shipman & Goodwin and Ann Melite, interior designer and gerontologist, Melite Design, gave a compelling presentation at our Feb. 2 program focused on new housing developments.

Highlights included discussions on supply and demand, implications of zoning regulations and the latest trends in aging care. For example, demand for skilled nursing facilities, considered “the hospital model”, has significantly decreased as a building moratorium has been in place for years in most states resulting in an explosion of assisted living and memory care housing options. The trend is for larger projects located near retail and other services. Costs range from $4,000-$12,000/month, privately paid. However, most long-term-care insurance policies pay for assisted living. Some towns have affordable housing regulations to be considered in new developments as well. Proximity to medical facilities, sometimes on the same campus, is becoming popular. People dislike large developments and new developments include smaller, cottage-style dwellings in clusters or neighborhoods of 6-12 units. People want to entertain in their own units so new construction accommodates this. Amenities such as formal and bistro-style dining options, rehab, and wellness facilities are important.

For those interested in learning more on the topic, we thank speaker Tim Hollister for alerting us to the informative article “A Housing Crisis for Seniors,” by Allison Arieff published in The New York Times on January 28, 2017 and within that article a reference to a new report from the Joint Center for Housing Studies at Harvard, “Projects and Implications for a Growing Population: Older Households 2015-2035 Housing.”

Joint CoreNet / CREW CT Program Brings Out Large Crowd

Over 100 members and guests attended our very successful joint program with CoreNet and we were pleased to welcome Hartford Mayor Luke Bronin who made very kind remarks about the importance of our industry.

Feb Photo

Pictured left to right are: Dan Elman (Executive Director, ConnWestch Chapter of CoreNet), Angela Cain (CEO CoreNet Global), Stephanie Fulbright (Event Committee, VP Real Estate & Security at The Hartford), Maureen Funke (Event Committee, Business Development Manager, Gilbane Building Company), Luke Bronin (Mayor City of Hartford), Mark Nisbett (President, ConnWestch Chapter of CoreNet, Director Program Management Cigna), Jahn Marie Surette (Sr. VP, Chief Procurement Office at The Hartford), Rebecca Nolan (Event Committee, VP, Global and Domestic Business Development at Metro Hartford Alliance), Courtney Hendricson (Event Committee, President CREWCT, VP Municipal Services Connecticut Economic Resource Center).

U.S. News & World Report Names Hartford an Up-and-Coming Place to Live

We were pleased to learn in February that the magazine has named Hartford as one of three metro areas which had significant year-over-year improvements in their annual rankings of great places to live. Chosen along with Milwaukee and Syracuse, Hartford was selected based on affordability, types of jobs/earning power, quality of education, health care, and overall quality of life. To read the entire article, please click here..

Member News

  • Programs Co-Chair Jamar Arbelo has accepted a new position as Senior Associate at Northeast Investment Realty.
  • Max Nuki, Director of Business Development at Scope Construction Company, authored an article for High Profile entitled “Collaborative Building: A View of the A/E/C Industry through the lens of a business developer in the Commercial General Contracting World.” For more info, click here.
  • New England Real Estate Journal profiled Monika Avery of The S/L/A/M Collaborative in a feature on the Women Who Build Summit. For more info, click here.
  • Barrie Deschaine, Manager of Business Development for KBE Building Corporation, was selected to serve on the International Council of Shopping Centers (ICSC) CenterBuild Planning Committee. This national conference is held annually in Phoenix, Arizona. Committee members are selected based on their broad expertise in the retail sector of the Design, Development and Construction industry.

News from CREW Network

CREW CT board member and chapter delegate, Monika Avery, principal at The S/L/A/M Collaborative, has recently returned from the CREW Network Winter Leadership Summit. She reports that we are building a presence in the U.K. with several at-large members, good news for those doing business there. More info is available at crewuk.org. Monika also asks that you save the dates of October 25-27 for the 2017 CREW Network Convention & Marketplace in Houston.

2017 CREW Network Impact Awards Nomination Deadline April 15th
Please nominate your fellow CREW members for achievements in the following categories:
  • Member to Member Business             • Economic and Community Improvement
  • Career Advancement for Women       • Entrepreneurial Spirit
Click here for more information


2017 CREW Network Foundation Scholarship Application Deadline April 30th
Encourage women to pursue an education that will lead to a career in the commercial real estate industry by promoting the CREW Network Foundation’s scholarship program.
Click here for more information

Welcome New Members

We are pleased to welcome our newest member:
Jill Siegel - Practice Group Client Relations Manager, Shipman & Goodwin LLP

Share Your Company and Professional News with Us This Year

Fellow CREW members want to know about your successes and achievements and any major company news. If your company has a marketing director, please ask them to include us on the distribution list for your press releases. Info can be sent to our newsletter editor, Anne Elvgren, at anne@elvgrenassociates.com

Courtney Hendricson
Vice President of Municipal Services, Connecticut Economic Resource Center
860.571.6219
chendricson@cerc.com


 

         
         
LUNCH & LEARN
MARCH 14, 2017
  THIRSTY THURSDAY
MARCH 16, 2017
  NOMINATIONS & EVENT
Blue Ribbon Awards

Navigating the World of Tax Assessments
Town & County Club
11:30 am
More + Register >

  Networking, all welcome.
Beachland Tavern 1128 New Britain Ave B, West Hartford
5:30-8:00 pm
Free, no registration required, just show up!
  Entries Due March 14, 2017
Event April 5, 2017
6:00 pm
More + Register >
 

Thanks to Our 2017 Sponsors!

PENTHOUSE

BL Companies

CATIC

CohnReznick LLP

KeyBank Real Estate Capital

Phase Zero Design, Inc.

Robinson + Cole, LLP

The Fidelity Family of Title Insurers:
Chicago Title / Commonwealth Land Title / Fidelity National Title


The S/L/A/M Collaborative, Inc.

The Simon Konover Company

Whittlesey and Hadley, P.C.

EXECUTIVE

Fuss & O'Neill, Inc.

 

BOARDROOM

ARS Restoration Specialists
CBRE New England
Clohessy, Harris & Kaiser Architects, LLC
GZA GeoEnvironmental, Inc.
Hinckley Allen
Interscape Commercial Environments
KBE Building Corporation
McCarter & English, LLP
MetroHartford Alliance
Murtha Cullina LLP
OFI
Performance Environmental Services
Red Thread
Shipman & Goodwin LLP
The S/L/A/M Collaborative, Inc.
Updike, Kelly & Spellacy, P.C.
Valbridge Property Advisors

 

More Sponsorship Opportunities Available. Contact: Jennifer Marks

Become a CREW Member TODAY! Conact: Katie Pelczar

CREWCT.org

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