Rhode Island

S&P Global affirms AA rating for city and assigns stable outlook - by Joseph Solomon

In connection with the city’s planned $6.185 million school bond issue for renovations and improvements to schools and school facilities, S&P Global (S&P) has recently affirmed the bond rating of the city at “AA” and assigned a stable outlook. The bonds were scheduled to sell through the Rhode Island Health and Educational Building Corporation the week of September 9.

RGB Architects promotes Barkley, Donnelly and Iacobucci

Providence, RI RGB Architects has promoted Andrew Barkley, Tracey Donnelly and Jason Iacobucci in its firm. 

Quonset Business Park’s success is a team effort - by Steven King

The Quonset Business Park has been the leading engine of the Rhode Island’s economic growth and job creation for years and continues to grow and adapt to change. But Quonset’s economic growth and momentum is not based on just one entity, elected official or private business; rather it has always been a team effort.

DiPrete to redesign and redevelop 12,000 s/f for BankNewport

Newport, RI BankNewport has teamed up with Sage Environmental, DBVW Architects, and DiPrete Engineering to redesign and redevelop its 12,000 s/f office at Washington Sq.

Pare Corporation promotes DeCosta, Thies, Rongione, McCoy, Lopes, Prasad and Shanks

Lincoln, RI Pare Corporation, a leading multi-disciplinary engineering and planning firm, has promoted seven. Each of these individuals exemplifies the Pare culture in their commitment to giving back to the community and in their dedication to each project on behalf of our clients. 

Northeast Private Client Group sells Ambassador Apartments for $7.35 million

Providence, RI Investment sales broker Northeast Private Client Group has completed the sale of Ambassador Apartments located at 71 Pitman St. and 203 Gano St. Tim McGeary, an investment associate in the firm’s Massachusetts’s office, represented the seller

Governor Raimondo and officials cut ribbon on Wexford Innovation Center

Providence, RI Governor Gina Raimondo joined state and local officials, representatives from Wexford Science and Technology, Brown University, the Cambridge Innovation Center, Johnson & Johnson, and members of the public to officially open

Doyle of Larew Doyle & Associates arranges $28.3 million construction financing for redevelopment of Wanskuck Mills

Providence, RI Alan Doyle, principal of Larew Doyle & Associates arranged $28.3 million in construction/perm financing for the redevelopment of the Wanskuck Mills into a mixed-use property

Carpionato Group proposes $100 million mixed-use development to be known as the Newport North End

Newport, RI Carpionato Group, a third generation property development company, based in and committed to Rhode Island, is proposing to demolish the former Newport Grand Casino and create Newport North End a $100 million mixed-use development

Scaralia of Albert Realtors sells 5,005 s/f warehouse for $210,000

Warwick, RI Albert Scaralia of Albert Realtors commercial division listed and sold a 5,005 s/f warehouse located at 262 Washington St. for $210,000 to Elmwood Realty LLC.