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Kevin Shalvey

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U.S. and R.I. home-loan delinquencies rising

The U.S. mortgage delinquency rate rose for the sixth consecutive calendar quarter in the April to June period, according to the latest figures from...
CENTER OF ATTENTION: Development Manager John McMahon shows off the bedroom in one of the demo units in the Rumford Center project in East Providence. /

Rumford Center beginning to attract tenants

Eight tenants have signed leases for residential apartments in one of eight mill buildings now in various stages of rehabilitation at East Providence’s Rumford...
BTVC FOUNDER AND PRESIDENT Robert D. Billington, left, receives the 2008 North American Travel Personality of the Year trophy from Manon Han, vice president of the World Travel Awards. /

Billington receives World Travel Award

ORLANDO, Fla. – Robert D. Billington, president of the Blackstone Valley Tourism Council, has been honored as the North American Travel Personality of...
"EVEN WITH THE economy still in decline," Ron Simoneau said, "the commercial construction market in the Northeast is holding steady. /

Five Questions With: Ron Simoneau

Although the economy in Rhode Island is struggling, Shawmut Design and Construction seems to be picking up construction projects. Ron Simoneau, managing director of...

NAR praises takeover of Freddie Mac, Fannie Mae

WASHINGTON – The National Association of Realtors on Monday praised the federal government’s move to takeover the mortgage giants Fannie Mae and Freddie Mac,...

City, CommunityWorks, Home Depot team for playground

PROVIDENCE – The city yesterday partnered with CommunityWorks RI and Home Depot to build a new playground in a single day. The 2,500-square-foot playground in...

Construction equipment market weakens

INDEPENDENCE, Ohio – Survey results released last week show that national demand for rental construction equipment has weakened since July, according to Longbow Research,...
ROMANO VINEYARDS operated on nearly 370 acres of the property now composing the Quonset Business Park. /

Quonset road named after vineyard

NORTH KINGSTOWN – The road built to connect development at Quonset Business Park to Route 403 has been officially named Romano Vineyard Way, after...
ACCORDING TO American CoreLogic, Rhode Island witnessed one of the highest increases in foreclosures since June 2007, along with Florida, California, Nevada and Arizona. /

Foreclosure rates increase in Providence region

SACREMENTO, Calif. – The rate of foreclosures in the Providence-New Bedford-Fall River market increased 0.7 percent in June from the year-ago rate, aligning itself...

City zoning board approves Federal Hill tower

PROVIDENCE – The City of Providence Zoning Board of Review last night unanimously granted approval for a 250-foot, 174-condominium residential tower that will straddle...
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