Patrick Anderson, Author at Providence Business News

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ACUMEN REAL ESTATE of Miami has purchased the Halstaed at Slatersville Mill loft from the DSF Group. / COURTESY THE HALSTEAD AT SLATERSVILLE MILL

Miami-based company purchases Halstead at Slatersville Mill

Economic Activity 07/18/2013

NORTH SMITHFIELD – A Miami real estate company has purchased the Halstead at Slatersville Mill loft apartment complex in Slatersville Village from DSF Group,...

GOV. LINCOLN D. CHAFEE has vetoed a bill that would allow the Providence Redevelopment Authority to construct new commercial and industrial buildings. / PBN FILE PHOTO/FRANK MULLIN

Chafee vetoes redevelopment bill

Economic Activity 07/17/2013

PROVIDENCE – Gov. Lincoln D. Chafee Tuesday night vetoed a bill that would have allowed the Providence Redevelopment Authority to construct new commercial and...

A JOINT PROJECT BETWEEN Brown University, Rhode Island College and the University of Rhode Island could house Brown administrative offices and a joint RIC/URI nursing education center, graduate student housing, retail space, restaurants, and new parking facilities. / COURTESY WIKIMEDIA COMMONS/MARC BELANGER

Brown, RIC, URI partner on Dynamo House project

Economic Activity 06/27/2013

(Updated, 12:30 p.m.) PROVIDENCE – The University of Rhode Island, Rhode Island College and Brown University are pursuing a joint mixed-use re-development of the former...

SINGLE-FAMILY HOME SALES in Rhode Island rose 21 percent year over year in May as the median price of sales climbed 6 percent, the Rhode Island Association of Realtors announced Tuesday.

Homes sales, prices rise in R.I. in May

Economic Activity 06/25/2013

WARWICK – Rhode Island single-family home sales rose 21 percent in May and the median price of those sales climbed 6 percent compared with...

THE R.I. HOUSE FINANCE COMMITTEE approved a fiscal 2014 budget on Tuesday that calls for $8.2 billion in spending, including the first payment on the 38 Studios bonds that the bankrupt company defaulted on. / COURTESY WIKIPEDIA/CHENSIYUAN

House finance committee approves $8.2B fiscal 2014 budget

Economic Activity 06/19/2013

PROVIDENCE – The House Finance Committee approved an $8.2 billion Rhode Island budget for fiscal 2014 unveiled by Democratic leaders Tuesday night that forgoes...

THE FIRST CIRCUIT COURT OF APPEALS handed down a decision late last week that throws the work of U.S. District Court in Rhode Island into limbo, demanding that foreclosure cases that were going through mediation to be solved more quickly. / BLOOMBERG FILE PHOTO/DANIEL ACKER

1st Circuit throws foreclosure process into limbo, orders action

Economic Activity 06/18/2013

BOSTON – A federal appeals court has sided with lenders challenging an injunction in Rhode Island’s improper foreclosure case, remanding the case back to...

BOTH FORECLOSURE STARTS and the number of completed foreclosures fell in the Providence-Fall River-New Bedford metropolitan area in May. / COURTESY REALTYTRAC

Foreclosures starts, completions fall in Providence metro in May

Economic Activity 06/14/2013

PROVIDENCE – Foreclosure starts in the Providence metro area fell 18 percent in May compared with the same period last year and completed foreclosures...

THE FIVE-STORE STRIP at 213-221 Thayer St. has sold for $2.8 million, a price per-square-foot of $761. / COURTESY PETER M. SCOTTI & ASSOCIATES INC.

Thayer St. strip sells for $2.8M

Economic Activity 06/04/2013

PROVIDENCE – The retail strip at 213-221 Thayer St. on the city’s East Side has sold for $2.8 million, real estate brokerage firm Peter...

Developers abandon $29M in tax credits

Economic Activity 06/03/2013

PROVIDENCE – Developers abandoned $29.4 million in Rhode Island historic tax credits last month by failing to make progress on six approved projects, the...

THE PLAN to move business permitting function of the Department of Environmental Management and the Coastal Resource Management Council to a propose state commerce office has been dropped by House Democrats. / COURTESY JACK NEWTON, VIA FLICKR/ CREATIVE COMMONS

Environmental agencies pulled from commerce plan

Government 05/30/2013

PROVIDENCE – Rhode Island House Democrats have backed off a plan to move business permitting functions of two state environmental agencies under the authority...

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