Tuesday, December 9, 2025

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Home Economy Real Estate

Real Estate

Effort to get ILZRO House listed on National Register of Historic...

FOSTER – An effort to get the ILZRO House listed on the National Register of Historic Places is progressing, according to stakeholders involved with...
THE 8-ACRE estate “Sea Farm” recently sold for $4.5 million, making it the highest home sale in Portsmouth this year, according to Mott & Chace Sotheby’s International Realty, which represented the buyers in this transaction.  / MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY

‘Sea Farm’ in Portsmouth sells for $4.5M, highest of year for...

PORTSMOUTH – An eight-acre estate called “Sea Farm” recently sold for $4.5 million, making it the highest real estate sale in the town so...

Report: Lawsuit filed in potential sale of ‘The Conjuring’ home

BURRILLVILLE – The sister of the owner of "The Conjuring" home has filed a lawsuit against its new potential owner, WPRI-TV CBS 12 reported...

Nursing home building in Pawtucket sells for $15.27M

PAWTUCKET – A 45,000-square-foot commercial property that is home to a nursing home recently sold for $15.27 million, according to public records. The two-story building...
GAME CHANGER: Nicholas Brownell, branch manager for Total Mortgage Service LLC in Newport, says in addition to a lower monthly payment for homeowners, affordable payment structures, such as a 50-year mortgage, could expedite home sales and benefit investors with improved cash flow management over a longer period.
PBN PHOTO/KATE WHITNEY LUCEY

Would 50-year mortgages ease affordability crisis?

The Trump administration has floated the idea of a 50-year mortgage as a way to make homes more affordable at a time of skyrocketing...
GAME ­PLANNING: Lori Manni, center, president of Capital City Construction & Management Services Inc., goes over documents with Al DeRobbio, left, project supervisor, and Oliver Carias, operating engineer of Local 57, at the company’s Cranston office.
PBN PHOTO/­MICHAEL SALERNO

Manni not daunted by changes, challenges of commercial construction

Lori Manni knows her way around a sewer system. She’s spent the better part of two decades building miles of them. It’s not a...
Steve Callahan Jr.

This is one big opportunity for affordable housing

The shortage of affordable housing in Rhode Island and the South Coast region of Massachusetts is a challenge that lawmakers, businesses and state agencies...
PLAYING NOW: Alex Whitney is director of operations at Jane Pickens Theater in Newport, a location that first started showing films in the 1920s and continues to operate in part because of the mix of events that take place there, such as a recent “Remembering Robert Redford” film series. 
PBN PHOTO/KATE WHITNEY LUCEY

At small local theaters, the plot still thickens

For almost as long as the concept of a modern movie theater has existed, Jane Pickens Theater LLC has been drawing filmgoers. “Someone’s been showing...
R.I. GENERAL Treasurer James A. Diossa on Tuesday launched RI AnchorHome, a pilot affordable homeownership program. / AP FILE PHOTO/DAVID ZALUBOWSKI

R.I. launches homebuyer program with backing of state deposits

PROVIDENCE – A new pilot homeownership program launched Thursday aims to expand access to affordable mortgage options for first-time buyers in Rhode Island with...

Average U.S. long-term mortgage rate falls to 6.19%, near its low...

The average rate on a 30-year U.S. mortgage fell again this week, slipping close to its low point so far this year. The decline brings...
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