Rhode Island

Prices continue to increase in Greater Providence region while low inventory reduces closed sales

Providence, RI Median sale price increased in 10 out of 13 municipalities in the Greater Providence region, while closed sales largely followed the statewide trend of declining year over year. Increased prices are being sustained by a shortage of listings in

R.I. Infrastructure Bank finances Bristol wastewater treatment facility upgrade with $7.8 million loan

Bristol, RI On June 27, Rhode Island Infrastructure Bank closed on a $7.8 million Clean Water State Revolving Fund loan for the Town of Bristol to finance a number of upgrades to the town’s wastewater treatment facility including rehabilitating settling tanks

Warwick named to Livability.com’s Top 100 Best Places To Live in U.S. - by Frank Picozzi

Those who live and work in Warwick already know there’s a lot that makes this seaside city so special: 39 miles of breathtaking coastline, a rich and unique history, great municipal services, and good schools. The city is also known for its diverse commercial base comprised of locally-owned

LAN-TEL Communications opens Providence location - Burke named general manager

Providence, RI LAN-TEL Communications, Inc., headquartered in Norwood, Mass. has opened a new location at 225 Dyer St. This location will serve as the anchor office for LAN-TEL’s Rhode Island/Southeastern Massachusetts operations.

New England Institute of Technology (NEIT) opens at 2 Bayley Street in Pawtucket - by Donald Grebien

This month, New England Institute of Technology (NEIT) along with in the City of Pawtucket, Boys & Girls Club of Pawtucket (BGCP) and Pawtucket Central Falls Development (PCFD) held the grand opening and ribbon cutting ceremony of the all-new University Resource Center in

East Providence embraces residential development - by William Fazioli

With growing news of a soft housing market and ensuing economic slowdown, efforts to continue with residential developments are now more critical than ever. Several recent studies have indicated that the U.S. is facing a chronic lack of housing production. The rental vacancy rate dipped

Residential Properties Ltd. sells 9 Montgomery St.

Pawtucket, RI Residential Properties Ltd. negotiated the sale of 9 Montgomery St. for $890,000. RPL sales associate Paula Morrison represented the buyer as the selling agent.

Foncellino Team of Coldwell Banker Commercial leases 1,500 s/f

Smithfield, RI The Foncellino Team of Coldwell Banker Commercial Division listed and leased 1,500 s/f of retail space at 466 Putnam Pike. The retail space is located in a strip mall on Rte. 44 with Stop & Shop, Jersey Mike’s Subs, and Panera Bread Co. are located nearby.

Scaralia of Albert Realtors and Swanson of C21 Luxe broker 3,946 s/f sale to Diamond Investment Group

Cranston, RI Albert Scaralia of Albert Realtors, Inc. sold 10 Budlong Rd. to for $530,000.Taylor Swanson of Century 21 Luxe was the selling agent and Albert was the listing agent. The seller was Jean Markarian and the buyer was Diamond

Grolley of Coastal M&A sells B&M Catering Co. and 560/588 York Ave.

Pawtucket, RI Coastal M&A negotiated the sale of B&M Catering Co. and the real estate located at 560/588 York Ave. Justin Grolley, MBA, CBI, CMEA of Coastal M&A was the Consultant assisting the sellers, Brian and Mickey Doherty.