[IMGCAP(1)]

BOSTON—“The sun is shining on the city of Boston,” observed Bruce Percelay, chairman and founder of the Mount Vernon Co., and while a look out any of the windows at the State Room conference facility during RealShare Boston on Tuesday would verify that Percelay's comment was literally true, he wasn't talking about the weather. Peter Merrigan, CEO and founding partner of Taurus and another member of the conference's Town Hall Power Panel, put it another way: “If you're not having a good time in this business right now, you should probably find another business.” Added John Hynes III, CEO and managing partner of Boston Global Investors, “I've been in the business for 35 years, and this certainly feels like a high watermark to me.”

The bullish outlook carried through the half-day conference, which drew approximately 200 industry professionals to a RealShare event that was last held in New England's largest city in 2008. Following the downturn, the city came back earlier than many and, arguably, stronger than most.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.