Updated June 29 at 9:29am
Real Estate
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Cash purchases of homes in the Providence-Warwick-Fall River metropolitan area continued to fall in March, reaching 23.6 percent of all sales, a 9.2 percentage point decrease from a year earlier. more
An ocean-view condominium at 23 Beach St. was sold for $1,050,000 in late May, Lila Delman Real Estate International announced recently. It was the highest price for a condominium in Narragansett in three years. more
John Picerne, founder of the Corvias Group, recently received the 2016 Excellence in Individual Leadership Award from the National Council for Public-Private Partnerships. more
Nine years after its opening, the Renaissance Providence Downtown Hotel has completed a major renovation, including all 272 guest rooms, the lobby, meeting rooms and lounge. more
Rhode Island tied with Arkansas for the fourth-highest percentage of late mortgages in the United States at 2.1 percent, according to Black Knight Financial Services. more
The residential real estate market in Rhode Island continued along its brisk pace in May, ending the month with a nearly 19 percent increase in sales activity for single-family houses, according to the Rhode Island Association of Realtors. more
GE Digital, a tech division of the General Electric Co., is temporarily moving into downtown Providence offices until the beginning of 2017. more
Three historic commercial structures in Providence and North Providence that will be converted to apartments will qualify for as much as $5.2 million in state historic preservation tax credits, the state announced Monday. more
New-home construction in the U.S. was little changed in May, a sign the residential real-estate industry will add little to economic growth in the second quarter. more
For the last seven years, the number of permits issued in Rhode Island for construction of new multifamily and single-family housing units has remained below 1,000 per year, according to the U.S. Census Bureau. Yet, with a need for 34,600 … more
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