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Forbes Global Properties Expands to Massachusetts – Boston Real Estate Times

Boston– Forbes Global Properties, a curated consumer marketplace of luxury homes and an invitation-only membership network of top real estate firms, announced Bassick Real Estate Advisors to its prestigious ranks.

Bassick Real Estate Advisors is the first team of experts to be awarded membership in Massachusetts, where it will exclusively represent the brand.

Founded by luxury real estate expert Catherine Bassick and finance and transaction veteran Michael Bassick, the firm combines in-depth market expertise with unparalleled connectivity and sophisticated negotiation strategies for the acquisition and sale of global real estate. Bassick Real Estate Advisors’ team of professionals specialize in luxury properties throughout the Greater Boston, Cape Cod, Martha’s Vineyard, Nantucket, the North & South Shore, and The Berkshires markets.

Drawing from 18 years of proven industry experience and a resume that includes the sale of the first single family home over US $100 million in US history, Catherine is a Best-Selling Wall Street Journal Author and is acknowledged among the prestigious ranks of the highest producers in real estate around the world.

“We are delighted to welcome Bassick Real Estate Advisors to the Forbes Global Properties network,” said Alex Lange, CEO of Forbes Global Properties. “Catherine and Michael have built successful careers through their commitment to fostering strong relationships within the real estate community, exemplifying Forbes Global Properties’ unwavering prioritization of professionalism and collaboration.”

“We look forward to providing our clients with the worldwide reach and premier marketing services of Forbes Global Properties, coupled with our local market knowledge and hallmark service,” said Catherine Bassick of Bassick Real Estate Advisors. “Forbes Global Properties provides Bassick Real Estate Advisors a unique competitive advantage and marketing differentiation in selling luxury properties across Massachusetts.”

The exclusive worldwide residential real estate partner of Forbes, Forbes Global Properties provides branding and marketing services to the world’s premier real estate firms and is now represented by more than 2,500 real estate agents across 13 countries in approximately 150 locations. Bassick Real Estate Advisors joins this network of top real estate experts with proven records of success in luxury property sales and exceptional client service.

As a member of this exclusive network, Bassick Real Estate Advisors will benefit from Forbes’ engaged audience of more than 100 million monthly global visitors to connect, inspire, and inform affluent potential homebuyers and sellers about the finest properties for sale around the world. Homes will be presented across Forbes and Forbes Global Properties print, digital, and social media channels with expert commentary, timely market data, and top-tier editorial.

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Real Estate

Central banks end crisis-fighting measure as bank tumult recedes

Last month, the collapse of Silicon Valley Bank, the second-largest bank failure in US history, unleashed broader panic and raised fears the global financial system would seize up. Now, central banks are signaling that their immediate concerns have eased.

The Bank of England, the Bank of Japan, the European Central Bank and the Swiss National Bank said Tuesday that they would end daily measures to boost the flow of US dollars to lenders around the world. They cited “improvements in US dollar funding conditions” and “low demand” at recent operations aimed at providing liquidity.

Starting May 1, those operations will once again be held weekly, a decision made in consultation with the US Federal Reserve, the primary source of dollars. The frequency could increase again if needed, the four central banks said.

“These central banks stand ready to readjust the provision of US dollar liquidity as warranted by market conditions,” they said in their statements.

Policymakers sprung into action in March after the collapse of Silicon Valley Bank and Signature Bank in the United States sparked an acute bout of turmoil in the global banking sector. The tumult also nearly took down Credit Suisse (CS), a globally important but troubled bank, forcing Swiss authorities to arrange an emergency sale to rival UBS (UBS).

Hours after the Credit Suisse takeover was announced, the Fed said it would work with central banks in the United Kingdom, Japan, Canada, Switzerland and the European Union to make sure lenders there had access to the dollar liquidity they needed.

That meant making greater use of dollar swap lines, or agreements between the Fed and other central banks to provide dollars in exchange for, say, euros or yen.

Swap lines are a key instrument in central banks’ toolbox aimed at preserving financial stability and keeping credit flowing to households and businesses.

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Real Estate

Fukushima’s fishing industry survived a nuclear disaster. 12 years on, it fears Tokyo’s next move may finish it off

It is still morning when Kinzaburo Shiga, 77, returns to Onahama port after catching a trawler full of fish off Japan’s eastern coast.

But the third-generation fisherman won’t head straight to market. First, he’ll test his catch for radiation.

It’s a ritual he’s repeated for more than a decade since a devastating earthquake and tsunami triggered a nuclear meltdown at the Fukushima Daiichi power plant in 2011, spewing deadly radioactive particles into the surrounding area.

Radiation from the damaged nuclear plant leaked into the sea, prompting authorities to suspend fishing operations off the coast of three prefectures that had previously provided Japan with half of its catch.

That ban lasted over a year, and even after it was lifted, Fukushima-based fishermen like Shiga were for years mostly limited to collecting samples for radioactivity tests on behalf of the state-owned electricity firm Tokyo Electric Power Company, or TEPCO, rather than taking their catches to market.

Ocean currents have since dispersed the contaminated water enough that radioactive cesium is nearly undetectable in fish from Fukushima prefecture. Japan lifted its last remaining restrictions on fish from the area in 2021, and most countries have eased import restrictions.

Shiga and others in the industry thought they’d put the nightmare of the past years behind them.

So when Japan followed through on plans to gradually release more than 1 million metric tons of filtered wastewater into the Pacific Ocean from the summer of 2023 – an action the government says is necessary to decommission the plant safely – the industry reeled.

The Japanese government and the International Atomic Energy Agency (IAEA), a United Nations body promoting the peaceful use of nuclear energy, say the controlled release, which is expected to take decades, will meet international safety regulations and not harm the environment, as the water will be treated to remove radioactive elements – with the exception of tritium – and diluted more than 100 times.

But with the deadline for the planned water release looming this summer, Fukushima’s fishermen fear that – whether the release is safe or not – the move will undermine consumer confidence in their catches and once again threaten the way of life they have fought so hard to recover.

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Video shows US police at wrong house before shooting homeowner

Robert Dotson, 52, was killed by police on April 5 in New Mexico after officers responding to a domestic violence report arrived at the wrong house.

New Mexico police officers realised they were at the wrong address just moments before the front door opened and they fatally shot the armed homeowner, then exchanged gunfire with his wife, according to newly released body camera video of the April 5 shooting.

Robert Dotson, 52, was killed in Farmington, a city of 47,000 people in the southwestern US state, after officers on their way to a domestic violence call went to the wrong house.

The Farmington Police Department released several videos on Friday, including footage captured by body cameras worn by the three officers who fired their weapons.

“All of us – the men and women of the Farmington Police Department – recognise the severity of this incident,” Police Chief Steven Hebbe said in a statement.

“Once again, we wish to express our condolences to the Dotson family, and as your chief of police, I wish to convey how very sorry I am that this tragedy occurred,” Hebbe said.

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