News:
Brokerage
Posted: October 17, 2025
The Local Group represents buyer in $4.3 million sale of 8-acre estate
South Kingstown, RI Lila Delman Compass has completed the sale of 182 Torrey Rd. for $4.3 million. Nicole Maine and Patrick Farrell of The Local Group in Lila Delman Compass’ Narragansett office represented the buyer in this transaction. According to data maintained by the Rhode Island Statewide MLS, this transaction marks the highest sale in South Kingstown YTD.
This custom-built estate is on over eight acres and features a main residence with 4 ensuite bedrooms and 2 half baths, complemented by a pool house, detached guest house, studio, and barn. The property boasts resort-style amenities including a saltwater pool and jacuzzi, creating a private sanctuary that seamlessly blends luxury living with expansive outdoor entertaining spaces.
“There’s nothing better than a home with a story to tell—and this one is truly historic,” said Maine. “From visits by multiple U.S. Presidents to portions of the Declaration of Independence believed to be written on site, its legacy is extraordinary. I’m thrilled to see such wonderful clients become the next chapter in its story.”
MORE FROM Brokerage
Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million
Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
