News: Owners Developers & Managers

Simmons of Mott & Chace sells 1 Kettle Close for $1.1 million

Westerly, RI Mott & Chace Sotheby’s International Realty sold 1 Kettle Close for $1.1 milliion. The sellers were represented by Donna Simmons, sales associate of Mott & Chace Sotheby’s International Realty. Simmons also facilitated the sale with the buyers.

According to data available from Rhode Island Statewide Multiple Listing Service, this is the second highest condominium sale in Westerly this year. Agents of Mott & Chace Sotheby’s International Realty have represented clients in the top two condominium sales in Westerly in 2019.

This 55+ Adult Active Community, Winnapaug Cottages was established in 2006 and is a sister community to Champlin Woods, a new development of 40 condominiums. Simmons represents the eight condominiums currently under construction and the final eight units to be constructed in 2020. 

This stand-alone turnkey home features two bedrooms, four- and one-half baths, and a loft with ocean views. “With high ceilings, gourmet kitchen finishes and appliances, hand-scraped Italian oak floors and multi-generational floor plan layout, this was an exciting property to show and sell; I am thrilled for the lucky buyers,” said Simmons.

MORE FROM Owners Developers & Managers

Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains