Category: Rhode Island

City of East Providence launches storefront improvement program - by Roberto DaSilva

City of East Providence launches storefront improvement program - by Roberto DaSilva

September 16, 2022
East Providence is offering vital funding to qualified businesses to enhance their storefronts utilizing funds awarded to the city by the American Rescue Plan Act (ARPA) in response to the COVID-19 pandemic. Small businesses were hit especially hard by the pandemic and the ensuing changes to the retail
Kern of Sweeney Real Estate & Appraisal brokers two building sale - $700,000

Kern of Sweeney Real Estate & Appraisal brokers two building sale - $700,000

September 16, 2022
Cranston, RI Jay Kern of Sweeney Real Estate & Appraisal represented Edward and Judith McDonough in the sale of 20, 22 & 0 Rolfe Sq. The site was purchased by L&C Investment Group, LLC for $700,000.
Bank Rhode Island provides $10.5 million in financing for the acquisition and conversion for Residences at India Point project

Bank Rhode Island provides $10.5 million in financing for the acquisition and conversion for Residen...

September 16, 2022
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,
Doherty and Leonard of Lila Delman Compass sell 60 Beacon Hill Rd. for $6 million

Doherty and Leonard of Lila Delman Compass sell 60 Beacon Hill Rd. for $6 million

August 12, 2022
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
McCollough and Crellin of Mott & Chace Sotheby’s International Realty sell 352 Ocean Rd. for $4.995 million

McCollough and Crellin of Mott & Chace Sotheby’s International Realty sell 352 Ocean Rd. for $4.99...

August 12, 2022
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,
Prices continue to increase in Greater Providence region while low inventory reduces closed sales

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

August 12, 2022
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

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

August 12, 2022
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

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

August 12, 2022
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

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

August 12, 2022
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

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

August 12, 2022
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

East Providence embraces residential development - by William Fazioli

August 12, 2022
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.

Residential Properties Ltd. sells 9 Montgomery St.

August 12, 2022
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.