Thursday, March 28, 2024

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Real Estate

Corvias founder promises to resolve military housing issues

PROVIDENCE – John Picerne, founder of Corvias Group LLC in East Greenwich, recently appeared before the Senate Armed Services Committee in Washington, where he...
GOV. GINA M. RAIMONDO signed an executive order creating a government efficiency commission to evaluate departments for potential real estate and programmatic streamlining. / PBN FILE PHOTO/MICHAEL SALERNO

Raimondo creates efficiency commission to cut spending, streamline departments

PROVIDENCE – Gov. Gina M. Raimondo signed an executive order Thursday that created a statewide Government Efficiency Commission that will make recommendations to cut...
THE MEDIAN PRICE of a single-family home in Rhode Island increased 3.3 percent year over year in January. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS

Single-family home prices in R.I. rise 3.3% in Jan.

PROVIDENCE – The median price of a single-family home in Rhode Island increased 3.3 percent year over year in January to $253,000, according to...

I-195 Commission seeks development proposals for East Side Parcel 6

PROVIDENCE – The I-195 Redevelopment District Commission is trying to stir more interest in a nearly 1.5-acre parcel of developable land in Providence, with...

Five Questions With: Adam Thayer

Adam Thayer is an attorney with Sayer, Regan & Thayer LLP, of Newport, who specializes in real estate law. He spoke to the Providence...

Barrington colonial sells for $1.2M, third sale over $1M in town...

BARRINGTON – The million-dollar sales continue in Barrington, one of Rhode Island’s most sought-after real estate towns. Residential Properties Ltd. announced the $1.2 million sale...

Massachusetts enacts short-term rental tax

BOSTON – Property owners in Massachusetts, take note. The Bay State has a new law that applies state and local taxes to short-term rentals,...

WSJ: Chinese investment in U.S. commercial real estate down

NEW YORK – Purchases by Chinese companies and investors of U.S. buildings and properties worth $2.5 million or more declined in the fourth quarter,...
The manufacturing site at 373 Market St. in Warren has sold for $4.25 million./COURTESY CBRE GROUP INC.

Two industrial properties sold in Warren, Jade Plastics to relocate, expand

WARREN – Two industrial properties in Warren have been sold for a combined $8.6 million, CBRE Group Inc. announced Wednesday. The largest property, at 373...

R.I. mortgage delinquency declines in Nov.

PROVIDENCE – The November 30-day-or-more mortgage-delinquency rate in Rhode Island was 4.7 percent, a 0.8 percentage-point decline year over year, CoreLogic said on Feb....
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