Updated May 29 at 5:25pm
Real Estate
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MassChallenge will receive $100,000 through an Innovation Matching Grant to help Rhode Island create a “powerful innovation brand” and build its reputation as “an ideal state for entrepreneurship.” more
The behavior of two population groups, the baby boomers and the millennials, will have outsized influence on real estate markets in the next several years, according to a report by The Counselors of Real Estate, an association of real estate advisers. more
Three projects will be recognized with Doris Duke Historic Preservation Awards this year, including the restoration of the Audrain Building on Bellevue Avenue, now home to the Audrain Auto Museum. more
Steele Realty Consultants International, a new real estate brokerage and consulting company in Providence, offers investment analysis and traditional real estate services. In a departure from the standard real estate model, it also offers … more
The R.I. Commerce Corp. authorized more than $9 million in state development incentives on Monday, including $5.5 million in tax credits for the construction of 160 apartments near the Providence Amtrak and MBTA station and $2.7 million for new construction at the former Louttit Laundry site in the West End. more
Rhode Island Housing has approved the refinancing of an $11.4 million mortgage for Washington Hill Apartments in Lincoln, ensuring the development will remain affordable for at least 40 years. more
CB Richard Ellis New England, through its multifamily debt and structured finance group, has secured $5.7 million in acquisition financing for the $7.5 million purchase of a 58-unit property known as Dean Estates. more
CRANSTON – RE/MAX Commercial in January sold a 22,671-square-foot professional office building at 1 Coastway Plaza, the former site of Coastway Community Bank, for $2.4 million. more
Robin Nicholson is a broker and associate with Mott & Chace Sotheby’s International Realty, and based in its Narragansett offices. She spoke recently with the Providence Business News about the hands-on work of selling residential real estate. more
As construction continues on the former power station that will make up one part of the South Street Landing project, the city of Providence is reviewing two tax stabilization … more
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