BankRI provides $17M loan for residential units north of Providence

PROVIDENCE – The commercial real estate division of Bank Rhode Island has closed a $17 million loan to RISSPORT II LLC to assist in the debt restructuring of 430 residential investment units located across northeastern Providence County. The 430 investment units were acquired by RISSPORT in 2017. The properties are managed by Peregrine Group LLC/Peregrine…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -