News: Finance

Bank R.I. held grand opening of new 3,230 s/f branch in Pawtucket

On October 29th, Bank R.I. held the Grand Opening of its Pawtucket branch which was designed by Vision 3 Architects. The new facility is the bank's 16th branch and expands its reach into another core urban area of the state. E.W. Burman, Inc. was the builder. The celebration included the Bank R.I. Singing Bee, hosted by B101 radio, in which five local charities earned money by singing money-themed songs. Located at 499 Smithfield Ave., Bank R.I.'s newest, 3,230 s/f, free-standing branch provides business-services that include a business center that is accessible outside of regular banking hours for meetings /seminars. The branch provides retail banking, small business services and investment services to the community.
Tags: Finance
MORE FROM Finance

Eastern Bank donates $2 million to Lynn Public Schools

Lynn, MA The city of Lynn’s purchase of the former Eastern Bank headquarters at 195 Market St. is paying dividends in more ways than one. In issuing an RFP in the spring of 2024, the city was seeking to acquire multi-purpose space,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
 Real estate without good estate planning - a troublesome problem - by Daniel Calano

Real estate without good estate planning - a troublesome problem - by Daniel Calano

I spent the better part of a day this week working with attorneys on estate planning. I am clearly not an attorney, but I have learned much over the years while consulting on real estate, its potential, its future during the life of clients, as well as, shall we say, later.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
The focus on price per s/f compared to the  comparable sales used in the appraisal report - by Dennis Chanski

The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski

Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.
It’s a confusing real estate world: Don’t you think? - by Daniel Calano

It’s a confusing real estate world: Don’t you think? - by Daniel Calano

The news is full of “never before” pronouncements. Never before has there been a pandemic so impactful on real estate. Never before has technology allowed for remote business meetings on such a frequent basis. Never before would people so comfortably work from home as to vacate office buildings, at least on Fridays and Mondays.