Providence, RI The commercial real estate division of Bank Rhode Island (BankRI) has closed a deal with 180 GMC, LLC to provide $10.5 million in financing for the acquisition and conversion of the former Tockwotton building. The property will be transformed into the Residences at India Point,
Newport, RI Lila Delman Compass sold 60 Beacon Hill Rd. for $6 million. Kimberly Doherty, Lila Delman Compass sales associate, represented the seller while Kate Leonard, also of Lila Delman Compass, represented the buyer. “Beacon Hill House is one of the most important sites in Newport
Narragansett, RI Mott & Chace Sotheby’s International Realty sold the historic waterfront home at 352 Ocean Rd. for $4.995 million. Kylie McCollough, sales associate, and Jennifer Crellin, sales associate: both of Mott & Chace Sotheby’s International Realty,
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
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
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
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.
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
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
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.
