Colonial Properties completes Equity Funding's $850,000 sale to Holy Word

According to Michael Richetelli, president of Colonial Properties, Inc., Colonial has completed the sale of the former First Unitarian Church, a 14,000 s/f building on .50 of an acre, located at 5-9 Norwood St. across from the Meriden Town Hall. Colonial Properties, Inc. was the sole broker, representing the seller, Equity Funding Mortgage, LLC. The buyer, Holy Word Foundation Ministries will also be using the property as a House of Worship. Bishop Joseph Sessions of Holy Word, who purchased the property for $850,000 has plans to totally renovate the existing structure to house its offices, sanctuary and numerous outreach programs.

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Windsor approves redevelopment of 500 Day Hill Rd. for mixed-use residential community

Windsor, CT The town has granted approvals for the redevelopment of 500 Day Hill Rd., clearing the way for a mixed-use residential community that will convert a former office campus into a housing development totaling approximately 300 residential units

btone FITNESS opens at RJ Kelly’s 40 Warren St. in Charlestown, MA

If you are converting commercial space to multi-tenant units, you need to understand laws related to utility billing

Routine Properties acquires Bristol Business Park at 383 Middle St.

Mayor Smiley, Providence City Council advance $8.8 million federal housing and community investment package

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Newmark arranges $113.5 million sale of 4-6 and 28 Newbury St. for ASG Equities

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Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains