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Mott & Chace Sotheby’s International Realty sells 597 Beavertail Rd. for $7.819 million
April 11, 2025
Jamestown, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 597 Beavertail Rd. for $7.819 million. The sellers were represented Judy Chace, broker/co-owner and Erin Marsh, sales associate, both of Mott & Chace Sotheby’s International Realty. Eric Kirton of Lila Delman
Providence Art & Design Center selected for I-195 Redevelopment District Commission’s Parcel 5
April 11, 2025
Providence, RI Design Center Partners, LLC, a joint venture between Ionic Development Company, a Boston-based, woman-owned development firm, and Wade Keating, a Providence-based architecture firm, has officially been selected by the I-195 Redevelopment District Commission to develop
Track 15 Food Hall now open in Providence
April 11, 2025
Providence, RI Track 15, the food hall from the Marsella family located in historic Union Station in downtown, is open. The occasion was marked by a ribbon cutting ceremony. Whether guests have a craving for Indian food or pizza, handmade pasta or raw bar, there is something for everyone at Track 15.
City of East Providence's Storefront Improvement Program beautifies main streets - by Roberto DaSilv...
April 11, 2025
In 2021, as small businesses were struggling during the COVID-19 Pandemic, the city of East Providence sought to help these establishments and beautify the city’s main commercial thoroughfares. With these goals in mind, the city developed its Storefront Improvement Program. This program was funded
Many of our most valuable properties are reserved for open space and recreation - by Frank Picozzi
April 11, 2025
While many residential and commercial projects are presently underway and Warwick continues to offer a variety of opportunities for development and redevelopment, some of our most precious and valuable properties are those reserved for open space and recreation. For those who enjoy hitting the links, there are
Tobin of Lila Delman Compass sells
1423 Cooneymus Rd. for $4.4 million
April 11, 2025
Block Island, RI Lila Delman Compass brokered the sale of 1423 Cooneymus Rd. for $4.4 million. Rosemary Tobin, sales associate of Lila Delman Compass’ Block Island office represented the seller and facilitated for the buyer. Tobin has been the top producing agent on Block Island each
Alves of Elite Commercial Realty honored by Crexi
April 11, 2025
Los Angeles, CA Crexi named Michael Alves, broker/owner of Elite Commercial Realty, as a winner of its annual Platinum Awards, an awards program recognizing the highest performers on Crexi’s platform.
Rouse of Sweeney Real Estate & Appraisal leases 2,500 s/f to wallPen at 42 Ladd St.
April 11, 2025
East Greenwich, RI wallPen, a global leader in vertical printing technology, has announced the opening of a new 2,500 s/f location at 42 Ladd St. The space will serve as a hub for the company’s operations. 42 Ladd St. is centrally located within the state, within the town’s commercial district
Kelleher, Pentore and McHale of
Horvath & Tremblay sell 45 units for $7.8 million
April 11, 2025
Warwick, RI Dennis Kelleher, John Pentore and Sean McHale of Horvath & Tremblay (H&T)have completed the sale of the 45-unit Oakland and Lake Estates multi-family portfolio. H&T exclusively represented the seller and procured the buyer. The portfolio sold for $7.8 million
Mentorship, market trends, and meaningful engagement at the Real Estate Finance Association
April 11, 2025
Boston, MA The Real Estate Finance Association (REFA) has officially kicked off its 10th Annual Mentor Program, setting a new record with 66 mentor-mentee pairs. This yearlong initiative connects Emerging Leader Members with senior professionals, fostering mentorship, career development, and industry connections.
Tariffs: Existential threat, or serious real estate impacts
April 11, 2025
You must know from all the news, that “Trump tariffs” have been recently reviewed, discussed, evaluated, and as promised, implemented swiftly. But, they have also been modified, reduced or increased, just as fast and somewhat quixotically.
The focus on price per s/f compared to the comparable sales used in the appraisal report - by Denni...
April 11, 2025
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.
BHA and WinnCos. secure financing to start $62m redevelopment of Mary Ellen McCormack complex
April 11, 2025
South Boston, MA WinnCompanies and the Boston Housing Authority (BHA) have closed on financing for the construction of a new $62 million apartment building and $8 million in major infrastructure work for the redevelopment of the Mary Ellen McCormack public housing complex
MassDevelopment has issued a $45.22 million tax-exempt bond on behalf of 127 Amory Street, LLC
April 11, 2025
Boston, MA MassDevelopment has issued a $45.22 million tax-exempt bond on behalf of 127 Amory Street, LLC, an affiliate of The Community Builders, Inc., which will use proceeds to build a six-story, 96-unit affordable multifamily housing development at 127 Amory St. in the city’s
Gray, Gray, & Gray ranked among top Massachusetts accounting firms
April 11, 2025
Canton, MA Gray, Gray & Gray, LLP, an accounting and business consulting firm, has been ranked as the 18th largest accounting firm in Massachusetts by the Boston Business Journal. The publication’s annual rankings are based on the size of the firm’s professional staff
Washington Trust provides $11m in financing to Track 15 Operating, LLC: for Track 15, an 18,000 s/f ...
April 11, 2025
Providence, RI Washington Trust’s Commercial Banking Group recently provided $11 million in financing to Track 15 Operating, LLC for construction and equipment financing for Track 15, an 18,000 s/f food hall located in the former Union Station, One Union Station.
Rockland Trust provides $23.15 million in financing
for River Lofts at Cable Mills development
April 11, 2025
Williamstown, MA Rockland Trust has provided $23.15 million in financing to 250 Water Street LLC, sponsored by Mitchell Properties and led by Causeway Development, for the construction of River Lofts - the third phase of the Cable Mills development. This new residential community will feature 54 mixed-income rental units,
Freshman of MG Commercial Real Estate Services becomes member of SIOR as an industrial specialist
April 11, 2025
Providence, RI Julie Freshman, SIOR, vice president at MG Commercial Real Estate Services recently became a member of the Society of Industrial and Office Realtors (SIOR) as an industrial specialist.
Boston City Group, Inc. broker JV
170-unit multifamily development site
April 11, 2025
East Boston, MA A joint venture (JV) between 413-419 Bremen St. LLC and Redgate Real Estate Advisors was finalized for the development of a fully permitted 170-unit multifamily site at 355 Bennington and 419 Bremen Sts., known as “355 Bennington.
Butler, St. John, McLaughlin and Bowler of CBRE handle sale of SoMa Apartments
April 11, 2025
Boston, MA Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler completed the sale of SoMa Apartments, a 347-unit, workforce housing apartment community located in the city’s southern Mattapan neighborhood.