Category: Rhode Island

Larew Doyle & Assocs. arranges $15.9 million <br>land acquisition financing for Laurelmead

Larew Doyle & Assocs. arranges $15.9 million
land acquisition financing for Laurelmead

July 11, 2025
Providence, RI Larew Doyle & Associates placed $15.9 million in land acquisition financing on behalf of Laurelmead, a senior living community. The financing enabled Laurelmead to acquire the land beneath its community, previously leased
JK Equities breaks ground on <br>160,000 s/f distribution center

JK Equities breaks ground on
160,000 s/f distribution center

July 11, 2025
Pawtucket, RI JK Equities has officially broken ground on the Blackstone Distribution Center — a 160,000 s/f class A industrial project at 1 Moshassuck St. Represented by JLL, the project marks the state’s first urban speculative
Improvements to RI’s historic tax credit passed by General Assembly, but much work still remains to keep program viable

Improvements to RI’s historic tax credit passed by General Assembly, but much work still remains t...

July 11, 2025
Providence, RI In the past year, Preserve Rhode Island and Grow Smart Rhode Island have worked jointly to advocate for improvements to RI’s Historic Tax Credit program. This has involved meeting directly with developers to better understand
Washington Trust named RI’s Best-In-State Bank by Forbes for seventh year

Washington Trust named RI’s Best-In-State Bank by Forbes for seventh year

July 11, 2025
Westerly, RI Washington Trust has been recognized as Rhode Island’s Best-In-State Bank for 2025 by Forbes, marking the seventh consecutive year the bank has appeared on the list, and the third consecutive year they have been ranked #1.
Nine Post Rd. receives approval for six units and commercial space - by Frank Picozzi

Nine Post Rd. receives approval for six units and commercial space - by Frank Picozzi

July 11, 2025
After several years of planning, the owners of a property in historic Pawtuxet Village recently received planning board master plan approval for a mixed-use building consisting of six residential units and 1,510 s/f of commercial space along the banks of the majestic Pawtuxet River.
New comprehensive plan guides city of East Providence’s future - by Roberto DaSilva

New comprehensive plan guides city of East Providence’s future - by Roberto DaSilva

July 11, 2025
The city recently reached a major milestone when, after years of preparation, outreach, and review, the East Providence city council formally voted to adopt the city’s new comprehensive plan. Last adopted in 2010, the comprehensive plan is a guidance
Construction begins on another successful Rhode Island Ready project - by Steven J. King

Construction begins on another successful Rhode Island Ready project - by Steven J. King

July 11, 2025
In a state where land zoned for industrial use is at a premium, Rhode Island is proving that smart, strategic investment can unlock new potential from long-dormant properties. For years, the industrial site at 1 Moshassuck St. in Pawtucket, sat vacant. However,
Joyal of Lila Delman Compass <br>sells 18 Ninigret Ave. for $5.5 million

Joyal of Lila Delman Compass
sells 18 Ninigret Ave. for $5.5 million

June 13, 2025
Charlestown, RI Lila Delman Compass negotiated the sale of 18 Ninigret Ave. for $5.5 million, marking the highest sale in Charlestown year to date according to data maintained by the Rhode Island MLS.* Lori Joyal of Lila Delman Compass’ Watch Hill office
Organogenesis Holdings leases 123,000 s/f at The Davis Cos.’ 100 Technology Way

Organogenesis Holdings leases 123,000 s/f at The Davis Cos.’ 100 Technology Way

June 13, 2025
Smithfield, RI The Davis Companies (Davis) reached a full-building lease agreement at 100 Technology Way, a 123,000 s/f biomanufacturing facility, with Organogenesis Holdings Inc. (Organogenesis), a regenerative medicine company focused on the development,
Peter Scotti & Assocs. and CBRE sell 51,000 s/f industrial building to Nonnah Realty for $2.65 million

Peter Scotti & Assocs. and CBRE sell 51,000 s/f industrial building to Nonnah Realty for $2.65 milli...

June 13, 2025
Warren, RI Peter M. Scotti & Associates Inc. negotiated the sale of 293 Child St. The property is a 51,000 s/f, one level industrial building that formerly served as the headquarters for the Taylor Box Company, a multi-generational, high-end design and fabrication
Worth Avenue Capital provides $1.5 million loan

Worth Avenue Capital provides $1.5 million loan

June 13, 2025
Warwick, RI Worth Avenue Capital, LLC closed a $1.5 million CRE loan to a real estate developer in Rhode Island. The loan proceeds were used towards the purchase and renovation of a 60,000 s/f industrial building. The loan is secured by a blanket second mortgage on
Rockland Trust provides $795,000 funding  for X-Golf expansion at 1350 Bald Hill Rd.

Rockland Trust provides $795,000 funding for X-Golf expansion at 1350 Bald Hill Rd.

June 13, 2025
Warwick, RI Rhode Island Golf Entertainment LLC has expanded its X-Golf business with a second location at 1350 Bald Hill Rd. within the Warwick Center Plaza. The development was facilitated with the aid of a $795,000 U.S. Small Business Administration (SBA) 7(a) loan
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