Page 6 - New England Condominium October 2021

6 NEW ENGLAND CONDOMINIUM -OCTOBER 2021 NEWENGLANDCONDO.COM Industry Pulse Events We’re Back, Baby! New England Condo Expo Returns this Fall! ne-expo.com New England Condominium is pleased to announce the return of our in-person expos! This fall, the New England Condominium Expo will take place at the Boston Conven- tion Center on Tuesday, November 2, from 10:00 a.m. to 3:30 p.m. We have an exciting line-up of exhibitors who are eager to interact in person, covering every aspect of multifam- ily living—from board governance, financial planning, and community engagement, to roof repair, energy management, and lawn care. Like our past in-person expos, the New England Condominium Expo 2021 will in- clude a full day of free workshops, seminars, networking, and more. And as always, regis- tration and attendance are FREE to all! Visit www.ne-expo.com to see who’s exhibiting, get more information, and register as an exhibi- tor or an attendee. This will be a must-attend event for all condo, co-op, and HOA board members, property managers, residents, and real estate professionals in New England! We look forward to seeing you there in person! BOMA Boston Holds TOBY & Industry Awards BOMA Boston will hold its Annual TOBY & Industry Awards, recognizing the best and brightest in the commercial real estate indus- try, from 5:30 to 9 pm on November 18 at the Omni Seaport, 450 Summer St., Boston. There are 17 categories for TOBY Awards, and 10 categories for the Industry Awards. Since the TOBYs are nationally recognized, the local winners move on to the regional competition, and hopefully the International competition. BOMA Boston’s local TOBY & Industry award program is one of the largest in the country in terms of participation and at- tendance among BOMA (Building Owners and Managers Association) chapters, with all members contributing to some aspect of the awards program in one way or the other, according to the organization’s website. For more information, visit http://www.boma- bostontoby.com. CAI-CT Hosts Legal Session The Connecticut Chapter of Community Associations Institute (CAI) will hold a vir- tual Legal Symposium via the Hopin Virtual Venue from 12:30 to 5 pm on October 28. The online symposium’s 10 seminar topics will range from The Surfside Collapse – Is it Time to Freak out? to Smoking/Pot Legaliza- tion, Restrictions & Fires; D&O and Cyber Liability; and Civility in Condo Governance. The program carries a fee of $50 for CAI-CT members and $75 for non-members. For de- tails, visit www.caict.org. Industry News Sorkin Named CEO at 24 Restore Steve Sorkin has been named Chief Ex- ecutive Officer at 24 Restore, a disaster res- toration company based in South Easton, Massachusetts, according to a company press release. Sorkin comes to 24 Restore with a wealth of experience and knowledge on both the local and national level, the company said. Before joining 24 Restore, Sorkin served as Chief Sales Officer for RestoreCore, a mid- Atlantic disaster restoration company based out of King of Prussia, Pennsylvania. Prior to his time at RestoreCore, he was the Chief Sales Officer for ARS/RESCON, a national restoration company, based in Boston, for 13 years. Under his sales leadership, both or- ganizations experienced significant growth, especially in commercial business. Sorkin is a member of numerous property management affiliations and sat on the board of directors for the Massachusetts Apart- ment Association. He served as a Northeast Delegate to the National Apartment Associa- tion (NAA) and was appointed to the board of directors of the National Suppliers Council (NSC) at NAA in 2016. In 2018, he received the National Supplier Council Award of Ex- cellence given annually to one person in the industry. He has been named Friend of the Year for both IREM Chapters #4 and #88 and regularly conducts seminars on Disaster Planning and Emergency Preparedness. “I am thrilled to have Steve join the 24 team – this is exciting news for our orga- nization and will also be big news in the Restoration business,” said co-founder and Chairman Robert Tishman. “Steve is a very well-known and extremely well-regarded restoration executive locally and nationally. He has succeeded everywhere he has been, and he is very excited to come to 24 to help us with our enormous growth plans. Steve is the consummate team player, coach, and a great cultural fit. He cares deeply for those he works with and his clients. He’s driven, has very high integrity and enjoys a stellar repu- tation in our industry and the community.” Sayre Earns IREM Designations Lilyan Sayre of Boston, a property man- ager with First Realty Management Co., has earned ARM (Accredited Residential Man- ager) and CPM (Certified Property Man- ager) designations, according to the Institute of Real Estate Management (IREM) Boston Metropolitan Chapter No. 4. The CPM, IREM notes in a press state- ment, is one of the highest professional designations that a real estate manager can earn and is recognized worldwide as the premier property management certification. The ARM residential property management certification, the statement adds, is widely recognized in the residential property man- agement industry with recipients noted for demonstrating excellence in residential prop- erty management. First Realty Management Co. has offices in Boston and Worcester, Mas- sachusetts, and Providence, Rhode Island. “Congratulations are extended to Lilyan for achieving both ARM and CPM designa- tions,” said Melissa Fish-Crane, 2021 presi- dent of IREM Boston Metropolitan Chapter No. 4 and principal and COO of the Peabody Companies. “Receiving these certifications is not an easy journey; it requires time spent on learning, building knowledge, and then practicing these skills by gaining real world experience in the field. But the time, effort, and dedication are worth it!” Real Estate Development Cape Sales Slow as Summer Ends The Cape Cod & Islands Association of Realtors reported in late September that Cape Cod real estate prices leveled off in Au- gust, indicating a possible return to normal market activity. According to preliminary data released by CCIAOR, 454 homes— 378 single-family homes and 76 condominiums— were sold in August, the association said. The median sales price was $619,000 for single-family homes and $402,000 for condominiums, ac- cording to the CCIAOR. In August 2020, 662 homes (515 single-family homes and 147 condominiums) were sold at a median sale price of $544,000 for single-family homes and $362,000 for condominiums. Pending sales at the end of August indicated a 29.5% decrease for single-family homes and 22% decrease for condominiums compared to the year prior, dropping from 607 pending single-family homes and 150 pending condominiums to 428 and 117, respectively — suggesting that current inventory shortages may be starting to ease, the association noted. “The dramatic shifts in price and activi- ties that were the hallmarks of Cape Cod real estate have subsided, and we’re returning to pre-pandemic levels of activity for this time of the year. However, very few houses for sale are still keeping prices high right now,” said Ryan Castle, CEO of the CCIAOR. n PULSE YOU’LL LEARN SO MUCH YOUR HEAD COULD EXPLODE. (Our lawyers said we had to warn you.) BOSTON CONVENTION CENTER, BOSTON — TUESDAY, NOVEMBER 2, 10-3:30 FREE REGISTRATION: NE-EXPO.COM THE NEW ENGLAND CONDOMINIUM EXPO 2021 WHERE BUILDINGS MEET SERVICES Please submit Pulse items to Pat Gale at patgale@yrinc.com