Rhode Island

Infrastructure Bank closes $2.5m loan with Providence Marriott Downtown

Providence, RI Rhode Island Infrastructure Bank (the Infrastructure Bank) closed a $2.5 million loan with the Providence Marriott Downtown today. Through the Bank’s Commercial Property Assessed Clean Energy

Foncellino Team of Coldwell Banker Commercial sells 11,000 s/f industrial building

Smithfield, RI Foncellino Team of Coldwell Banker Commercial listed and sold the building at 17 Industrial Dr., consisting of 11,000 s/f located on a 60,000 s/f lot for $500,000. The seller

Ivy Place to bring 10 new affordable housing units - by William Fazioli

Ivy Place is a mixed-used development that will include 10 new affordable workforce housing units located on Ivy St. in East Providence.

Sullivan & Sullivan Auctioneers opens Providence office

Providence, RI According to Sullivan & Sullivan Auctioneers president and lead auctioneer, Marianne Sullivan the auction services firm has opened a new office in downtown.

Island Realty sells 4,400 s/f “Bryrstane” for $3.2 million

Jamestown, RI Island Realty has sold ‘Bryrstane’ waterfront estate for $3.2 million. Jami Krause and Jeremy Krause, the Coastal RI Team, at Island Realty represented the seller. This

BankRI provides $2 million construction mini-perm loan to 8th Investment, LLC for 18-unit luxury apartment building

Providence, RI In May, the commercial real estate division of Bank Rhode Island (BankRI) funded a $2 million construction mini-perm loan to 8th Investment, LLC to support the creation of luxury

McCoy Stadium feasibility study to begin this month - by Donald Grebien

The city of Pawtucket continues moving forward. Along with being on the frontlines of the Coronavirus pandemic working to keep its first responders, residents and businesses safe, the city continues to focus on the

Fishing pier at Rocky Point celebrates ribbon cutting - by Joseph Solomon

I am pleased to announce that construction of the long-awaited fishing pier at Rocky Point is complete, the result of a partnership between Warwick and the state Department of Environmental Management, the Nature Conservancy, Rocky Point

Record growth demonstrates value of C-PACE funding - by Jeffrey Diehl

Over the last 12 months the Rhode Island Commercial Property Assessed Clean Energy (C-PACE) program facilitated a historic high of $58.2 million in financing across nine projects, including three recent closings

Keeping Rhode Islanders safely at work during COVID-19 - by Steven King

Quonset Business Park continues to be a bustling hub of activity, despite the challenging economic realities of the COVID-19 pandemic. As the leading engine of economic development and job creation in Rhode Island