Friday, April 19, 2024

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Real Estate

PROVIDENCE CITY COUNCILMAN David Salvatore, who represents Ward 14, has introduced a resolution that asks state lawmakers to increase the penalties for someone who assaults a police officer and clarifies the meaning of “dangerous weapon” to include glass bottles. / COURTESY DAVID SALVATORE

Salvatore introduces resolution to increase penalties for assaulting police officer

PROVIDENCE – Several members of the Providence City Council are trying to strengthen the city’s hand in responding to complaints about the behavior of...
MINDY LANE, of Keller Williams Central Rhode Island in Cranston, has been named the 2018 president of the State-Wide Multiple Listing Service. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS

Lane named 2018 president of State-Wide Multiple Listing Service

WARWICK – Mindy Lane, of Keller Williams Central Rhode Island in Cranston, is the 2018 president of the State-Wide Multiple Listing Service, the real estate data exchange...
ARNOLD BROMBERG, president and co-founder of Benny's, says he's pleased with an agreement reached with the Carpionato Group LLC, a Johnston-based property management and development company, to purchase Benny's real estate holdings. / COURTESY BENNY'S

Benny’s to sell real estate to Carpionato Group

JOHNSTON – The Carpionato Group LLC, one of the largest property management and development companies in Rhode Island, has signed an agreement with Benny’s...
THE OTIS ANGELL GRISTMILL in North Providence, one of five new additions to the National Park Service's National Register of Historic Places in Rhode Island. / COURTESY RIHPHC

5 R.I. properties named to National Register of Historic Places

PROVIDENCE – Five properties in Rhode Island have received federal recognition for their contributions to local and Rhode Island history and were added to...
MASSACHUSETTS HOME SALES reached 5,192 in October, 5.5 percent more than a year earlier. / BLOOMBERG FILE PHOTO/ DERICK E. HINGLE

Mass. Oct. home sales up, prices on the rise

PROVIDENCE – Massachusetts home sales reached the highest number for October in 13 years, according to The Warren Group. There were 5,192 single-family home sales...
GOV. GINA M. RAIMONDO announced Monday that information technology giant Infosys has committed to creating a Design and Innovation Hub in Providence, with the expectation that the company will have 500 employees in the Ocean State by 2020. / PBN PHOTO/CHRIS BERGENHEIM

Infosys bringing 500 jobs to R.I.

Updated at Noon, Nov. 27 PROVIDENCE – Infosys Ltd., the India-based technology services and consulting giant, with nearly 200,000 employees across the globe, is building...
THE MARKET HAS SEEN an uptick in Millennial-owned homes, but U.S. home-ownership rates are still near record lows. / BLOOMBERG

Millennials want to own homes too, if U.S. economy would consent

NEW YORK - Kelsey Marshall and her boyfriend Chris Eidam, both 27 years old, call the home-buying process “terrifying.” But they’re clear about one thing:...

BankNewport seeks approval for 2 Providence branches

PROVIDENCE – BankNewport is expanding into Providence, WPRI-TV CBS 12 reported Nov. 20. The mutual savings bank has requested approval from the R.I. Department of...
DBVW Architects transformed a defunct U.S. Rubber Corp. storage facility into an artistic hub for local creatives and the new headquarters for WaterFire’s nonprofit operations.  / COURTESY DBVW Architects/Heidi Gumula

WaterFire Arts Center opening completes $13.7M renovation

Building owner and tenant: WaterFire Providence Architect: DBVW Architects General contractor: TRAC Builders Civil engineer: Fuss & O’Neill Structural engineer: Odeh Historic consultant: Providence Revolving Fund Project manager: The Aspen...
A RECENT STUDY by Peter M. Scotti & Associates examined single-family home and condo sales in Providence over the past five years and found that single-family home appreciation is not as powerful as Multiple Listing Service indicates, while the condo market is more robust than what MLS data shows. / BLOOMBERG FILE PHOTO/DERICK E. HINGLE

Study: Providence home appreciation differs from MLS data

PROVIDENCE – Home prices are rising in Providence, according to data released by the Multiple Listing Service. But that data can obscure what appreciation...
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