Real Estate

Twenty-four Rhode Island municipalities will receive a combined $21 million from HUD to preserve, develop, finance and modernize public housing complexes.

Reed: R.I. to receive $21M for public housing

PROVIDENCE – Rhode Island municipalities will receive a combined $21 million in federal funding for public housing upgrades, U.S. Sen. Jack Reed, D-R.I., announced...
THERE ARE 25 approved Opportunity Zones in Rhode Island, including Downtown Providence and much of the city's waterfront.. / COURTESY R.I. COMMERCE CORP./GOOGLE INC.

Opportunity Zones knocking, but few answering the call so far

NEW YORK – Investors eyeing President Donald Trump’s Opportunity Zones face a ticking clock if they want to fully capture one of the biggest...
THE MORTGAGE DELINQUENCY rate in Rhode Island declined from 5.4% to 4.6% year over year in January. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

Mortgage delinquency continues to decline in Jan.

PROVIDENCE – The 30-day or more mortgage delinquency rate in Rhode Island declined 0.8 percentage points year over year to 4.6% in January, according...
THE HOPE POINT tower would feature 40 floors of residential apartments and condos atop a 6-story parking base. / COURTESY THE FANE ORGANIZATION

Hope Point tower design gets a negative review by Providence design...

PROVIDENCE — The design of the proposed Hope Point tower failed to persuade the city’s Downtown Design Review Committee Monday that the 46-story tower...
THE PROPERTY AT 7 Bowery St. in Newport was sold for $1.5 million. It features a third-floor apartment with separate private access. / COURTESY MOTT & CHACE SOTHEBY'S INTERNATIONAL REALTY

Multifamily home near Bellevue Ave. in Newport sells for $1.5M

NEWPORT – The multifamily property at 7 Bowery St. sold for $1.5 million, according to Mott & Chace Sotheby’s International Realty Monday.The home, known...

Wall Street squeezing housing

President George W. Bush pledged to make the U.S. an “ownership society” and tried to promote homeownership via tax credits, assistance with down payments...

Commerce RI issues RFP for McCoy Stadium, Downtown Pawtucket Redevelopment Area...

PROVIDENCE – The R.I. Commerce Corp. issued a request for proposals April 2 on behalf of Pawtucket, seeking a new tenant for McCoy Stadium...

R.I. HPI increases 3.8% in Feb.

PROVIDENCE – The Rhode Island home-price index increased by 3.8 percent year over year in February, the third-highest gain in New England, according to...

Neighbors oppose Cruz proposal to convert vacant school into apartments

NEW BEDFORD – A proposal by Boston-based Cruz Management to convert the vacant school building on Phillips Avenue into apartments has been met with...
THE FANE ORGANIZATION'S Hope Point tower has been a controversial project ever since it was first proposed. Should it be built? / COURTESY CITY OF PROVIDENCE

Will the Hope Point tower ever be built?

Two years after first being proposed, the Hope Point tower continuing seeking permission to start work, most recently appearing before the Downtown Design Review...
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