(Updated, 6:15 p.m.)
Ventas Inc., a real estate investment trust with more than 1,300 properties, has announced its intention to purchase substantially all of the assets of Wexford Science & Technology LLC.
The U.S. Department of Housing and Urban Development announced Wednesday more than $1.98 million in grants to Rhode Island Housing to renew support for the Sunrise Project and New Transitions programs, which assist low-income people living with HIV/AIDS and their families.
Single-family home prices increased 5.4 percent in May in Rhode Island compared with a year earlier, according to CoreLogic. The real estate data tracker’s Tuesday release also reported that home prices, including distressed sales, increased 5 percent in the Providence-Fall River-Warwick metropolitan area over the year.