Housing
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Picerne breaks ground in Ft. Meade
Picerne Military Housing, a division of Corvias Group, broke ground Wednesday in Fort Meade, Md., in the first-ever, public-private partnership to build on-post barracks with the U.S. Army. more
| 2/20/13
Entrepreneurial home-builders point the way
The good news is that from the depths of the Great Recession, Rhode Island has seen a 50 percent increase in new-home starts. Unfortunately, that still puts the state at 30 percent of the average home-construction starts registered from 2000 to 2003 (and further still from the subprime-lending-fueled peak of later years). And well short of a level that can sustain the construction industry at previous employment levels. more
8/20/12
Five Questions With: Leland Merrill Jr.
The executive vice president of commercial lending at BankNewport talks about the effects of low interest rates on residential lending. more
Ribbon cutting debuts 83 new homes in Providence’s West End
Gov. Lincoln D. Chafee and U.S. Sens. Jack Reed and Sheldon Whitehouse joined Omni Development Corp., WinnDevelopment and Rhode Island Housing on Monday to celebrate the opening of 83 new or completely rebuilt rental homes in Providence’s West End. more
| 3/11/13
Decline in housing inventory drives prices
Though many home shoppers who assume they are still in a buyer’s market find it hard to believe, one of the sobering fundamentals shaping real estate this summer is shrinking inventory: The supply of houses for sale is down significantly in most areas compared with a year ago, sometimes dramatically so. And that is having important side impacts – raising prices and homeowners’ equity stakes, and reducing total sales. more
8/13/12
Corvias opens N.C. headquarters for student housing segment
The Corvias Group has opened a new headquarters in Cary, N.C., for its student housing division Corvias Campus Living, the company announced Tuesday. more
| 3/5/13
PPS: Old multifamily homes worth preserving
For those who’ve spent their lives in them, Providence’s triple-deckers, Victorians and other multifamily houses might not seem too remarkable, or even desirable. more
REITs are part of most portfolios
Do you have a REIT in your portfolio? more

By Rebecca Keister
PBN Staff Writer | 11/12/12

Biting back on derelict properties
The boarded up windows and charred siding of 68 Joslin St. have been depressing sights to neighbors in the Olneyville section of Providence since the building was gutted by a fire last September. more
New policies putting more short sales in play
If you’re underwater and facing financial distress, what might Fannie Mae’s and Freddie Mac’s new short-sale reform policies mean for you? Potentially a lot – even if you are current on your mortgage payments and never imagined that a short sale and principal reduction could be in the cards. more
9/17/12
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