Tuesday, April 23, 2024

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Real Estate

OCEAN HOUSE MANAGEMENT COLLECTION operates the Ocean House, Weekapaug Inn and Watch Hill Inn in Westerly, and has been hired to oversee a multimillion-dollar renovation and relaunch of the Blantyre resort in Lenox, Mass. / COURTESY OCEAN HOUSE MANAGEMENT COLLECTION

Ocean House Management Collection adds Blantyre resort to portfolio

PROVIDENCE – The Ocean House Management Collection, which operates the Ocean House, Weekapaug Inn and Watch Hill Inn in Westerly, will manage a premier...
GROW SMART Rhode Island will kick off its biennial Power of Place Summit on March 29 at the Rhode Island Convention Center.

GrowSmartRI to kick off biennial Power of Place Summit March...

PROVIDENCE – Grow Smart Rhode Island kicks off its biennial Power of Place Summit on Thursday, March 29, with a series of speakers at...
A BEACHFRONT HOME at 229 Seaside Drive in Jamestown sold recently for $1.48 million. / COURTESY LILA DELMAN REAL ESTATE INTERNATIONAL

Jamestown beachfront house sells for $1.5 million

JAMESTOWN – A beachfront house in the town was sold for $1.48 million by Lila Delman Real Estate International, the real estate firm announced...
THE BEIGE BOOK report for February, released by the U.S. Federal Reserve and the Federal Reserve Bank of Boston reported that economic activity in the region expanded at a moderate pace since the January Beige Book. / BLOOMBERG FILE PHOTO/BRENT LEWIN

Feb. Beige Book: N.E. region economy expanded at moderate pace

PROVIDENCE - In the Federal Reserve’s February 2018 Beige Book, First District, the Federal Reserve Bank of Boston said that the region’s economic activity...
U.S. EXISTING HOME SALES rose 3 percent month to month in February and median sales price rose 5.9 percent year over year to $241,700. / BLOOMBERG FILE PHOTO/SCOTT MCINTYRE

U.S. existing-home sales rebound even as inventory remains tight

NEW YORK - Sales of previously-owned United States homes rose more than expected in the first gain in three months, indicating that job gains and...
RHODE ISLAND HOUSING was awarded a $4.7 million federal grant to create and preserve 550 affordable apartments and homes across the state.

R.I. Housing wins $4.7M federal grant

PROVIDENCE - Rhode Island Housing was awarded a $4.7 million grant from the U.S. Treasury Department’s Capital Magnet Fund to preserve 550 apartments and...
JOESEPH R. PAOLINO JR., owner of Paolino Properties, in front of the new Case-Mead Lofts building at 76 Dorrance St., Providence. / PBN PHOTO/MICHAEL SALERNO

Case-Mead Lofts building renovation nearly complete, strong demand for micro-units

PROVIDENCE – Demand for downtown micro-lofts at the nearly completed Case-Mead Lofts building has been stronger than expected, according to Joseph R. Paolino Jr....

U.S. housing starts cooled in February after robust January

WASHINGTON – U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on...
KNIGHT STEWARDS: Jeffrey Cannell, library director of the Providence Community Library network, and Sue Gibbs, chief operating officer, inside the Knight Memorial Library, which has received $544,800 from the Champlin Foundation to go toward much-needed renovations. / PBN PHOTO/­MICHAEL SALERNO

Champlin Foundation grant helps fund Knight Library renovations

THE Knight Memorial Library is getting much-needed renovations this spring, as the historic community library looks to maintain its footing as an architectural jewel...
RHODE ISLAND RANKED No. 39 on a list of states with the least negative equity, with only six states having a greater percentage of mortgaged homes with negative equity (not all states returned data for this list). / COURTESY CORELOGIC

Negative equity share in R.I. falls to 7.3% in 2017 Q4,...

PROVIDENCE – Despite seeing an average homeowner equity gain of $20,000 in 2017, Rhode Island still ranked No. 39 on a list of states...
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