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Washington Trust supports City Camp program for Olneyville youth
September 13, 2024
Providence, RI Washington Trust partnered with the Episcopal Conference Center of RI (ECC) to bring its City Camp program to approximately 150 youth aged 6- 12 in the Olneyville neighborhood.
City of Woonsocket breaks ground on Truman Drive Green Infrastructure Parkway project
September 13, 2024
Woonsocket, RI Mayor Christopher Beauchamp and members of the city council broke ground on the Truman Dr. Green Infrastructure Parkway project. Funded with a $2 million Municipal Resilience Program Action Grant, the project will transform a four-lane
Lila Delman Compass and Vanderbilt International sell ‘The Orchard’ for $10.8 million
September 13, 2024
Newport, RI Lila Delman Compass and Vanderbilt International Properties negotiated the sale of ‘The Orchard’ (180 Narragansett Ave.) for $10.8 million. Kara Malkovich, of Lila Delman Compass’ Newport office, represented the buyer in this transaction
Schultheis of Sweeney Real Estate & Appraisal negotiates multiple transactions
September 13, 2024
South Kingstown, RI Eric Schultheis, a real estate agent and appraiser at Sweeney Real Estate & Appraisal, represented Front Street Realty Corp. in a series of strategic transactions involving a single property at 540 South Rd. According to
Advanced manufacturing thrives in the city of East Providence - by Roberto DaSilva
September 13, 2024
The term “advanced manufacturing” is used to describe the use of innovative technologies to create new products and refine existing products. The city of East Providence is proud of the growth of its advanced manufacturing sector, with a number of high-profile
Abcore Restoration completes repairs to Conimicut Shoals Lighthouse - by Frank Picozzi
September 13, 2024
For more than 155 years, a stately Conimicut Shoals Lighthouse has stood as a symbol of historic Conimicut Village and the City of Warwick as a whole, even as it has served a functional benefit that’s a critical asset to our local shipping, trades, and recreational
Butler Realty negotiates sale of
5,000 s/f pub - $825,000
September 13, 2024
Pawtucket, RI 342 East Ave. was sold for $825,000 to Vito Lantz and Art Chamberland, co-owners of Lucky Enough Drink & Eat in Providence. Jeffrey Butler of Butler Realty represented the seller. Jared Iannelli of Penrose Realty represented the buyer. The 5,000 s/f building, with seating for 100
The Foncellino Team of Coldwell Banker leases 1,500 s/f with Sweeney Real Estate & Appraisal
September 13, 2024
Warwick, RI The Foncellino Team of Coldwell Banker commercil division and Sweeney Real Estate & Appraisal listed and leased 1,500 s/f of office space with co-shared conference room and kitchen at 931 Jefferson Blvd.
Sweeney Real Estate & Appraisal facilitates
sale of 594 Great Rd.
September 13, 2024
North Smithfield, RI Thomas Sweeney, SIOR, of Sweeney Real Estate & Appraisal represented the owners of 594 Great Rd., in the sale of their property to SAM24, LLC. The property, a 17,929 s/f multi-tenanted medical office building.
DBVW Architects promotes
Kuhns, Hughes and Morrison
September 13, 2024
Providence, RI Karissa Kuhns, AIA, LEED AP; Tami Hughes; and Nealia Morrison, AIA, AP LEED BD+C, of DBVW Architects have been promoted to associate principal and joined the firm’s shareholders. “As we look back and celebrate the last 30 years of our practice
DiPrete Engineering contributes to development
of 50,000 s/f Encompass Health Rehab Hospital
September 13, 2024
Johnston, RI DiPrete Engineering has been a contributor to the development of the new Encompass Health Rehabilitation Hospital, located at 2109 Hartford Ave. Part of the broader Sitwell Park development, this 55,000 s/f medical rehabilitation center is
Leonard of Lila Delman Compass brokers sale
of 150-160 Aquidneck Ave. for $3.5 million
September 13, 2024
Middletown, RI Lila Delman Compass negotiated the sale of 150-160 Aquidneck Ave. for $3.5 million. Kate Leonard of Lila Delman Compass’ Newport office, facilitated the sale for the buyer and seller on the commercial, waterfront property.
Elm Grove Companies to break ground on $20 million - 52-unit workforce housing project
September 6, 2024
Rochester, NH Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit Workforce Housing community at 29 Wadleigh Rd. This will be the company’s
Planning for retirement with a 1031 Exchange - by Brendan Greene
September 13, 2024
Thinking of selling a commercial property, a multifamily or other investment property and buying a retirement home or a second home in the mountains or where the weather is warmer? With a little 1031 tax-deferred planning, you could be retiring to a home in a destination of your choice by deferring and/or excluding all or most of your capital gains taxes.
Five reasons to use a section 1031 exchange - by Lynne Bagby
September 13, 2024
Section 1031 tax-deferred exchanges continue to be a popular tax-deferral strategy for business owners and taxpayers not only throughout the New England states, but nationally for those who want to accomplish a wide range of business and/or investment objectives including some of the following:
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick
September 13, 2024
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
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental pro...
September 13, 2024
Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.
Core Investments, Inc. presents four fall events for The LOT in South Boston
September 13, 2024
South Boston, MA Core Investments, Inc., a real estate investment and development company, will host four significant fall public events as part of its 2024 fall program of music, food, and fun events at The LOT. The second annual lineup of activities represents Core Investment’s commitment to the emerging On the Dot
Dacon Corp. completes 6 Industrial Way with Paul V. Profeta & Associates - a 155,000 s/f flex wareho...
September 13, 2024
Salem, NH Dacon Corp. completed the construction of 6 Industrial Way in collaboration with Paul V. Profeta & Associates. A 155,000 s/f flex warehouse space contiguous to I-93, 6 Industrial Way lies three blocks from the Exit 2 four-way interchange,
Nahigian participates in Boston University Real Estate program with CREW
September 13, 2024
Boston, MA Boston University’s (BU) Center for Professional Education Real Estate Studies program teamed up with CREW on September 4, for close-up at Frontiers in Sustainability! Rob Nahigian, SIOR is one of the real estate senior instructors for the last 30 years in the Real Estate Studies program and was invited to attend.