Tuesday, April 23, 2024

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NEW HOME: Michael and Phoebe Koval, with their 4-month-old son, Barry, in front of their new home. The couple was renting a one-bedroom apartment in Providence before deciding to purchase a single-family property in the city’s North End. At right is their real estate agent, Shannon Buss, broker associate at Randall Realtors.  PBN PHOTO/MICHAEL SALERNO

Pandemic sparks more investment in real estate

For three years, Phoebe and Michael Koval rented a small one-bedroom apartment in Providence before deciding to venture into the real estate market to...
STILL GOING STRONG: John Bellone, owner of The Breezeway Resort, The Hotel Maria, pictured, and Maria’s Seaside Cafe in Westerly, says in his 50 years as a customer of The Washington Trust Co., he’s never deferred a loan payment and has continued to meet monthly payments for the mortgages on his commercial properties throughout the pandemic, thanks to a strong business in a limited season. / PBN PHOTO/MICHAEL SALERNO

Banks on higher alert for credit weakness

In his 50 years as a customer of The Washington Trust Co., John Bellone has never deferred a loan payment. Not through the 2008...
NEW TASKS: Alexandria Kitsilis Cardoso, left, and Christine Kitsilis, co-owners of Angelo’s Palace Pizza in Cumberland, prepare food in the kitchen. Restaurant employees were cross-trained to become delivery drivers or cooks to keep them working when dining room sales dropped due to the COVID-19 pandemic. / PBN PHOTO/MICHAEL SALERNO

R.I. job market could take years to recover

Economists foresee a long, slow rebuilding period following the devastation of the COVID-19 pandemic, with the replacement of lost jobs in Rhode Island taking...
PIECING IT TOGETHER: Aetna Bridge Co. ironworker Lisa Silvio helps install bolts on a bridge under construction above the Route 6-10 connector in Providence.  / COURTESY LISA SILVIO

R.I. tradeswomen look to build their numbers

Darche Hood went to college to earn a degree in finance. But now the numbers she’s calculating are from a measuring tape stretched between wall...
UP-ROUTED: Construction workers are on-site at the Westminster Street overpass, part of the Route 6-10 connector project in Providence. Visible in the background is the “flyover” bridge, a major feature of the new design for the busy exchange.  / PBN PHOTO/MICHAEL SALERNO

6-10 project on track despite dust-up over soil

The $410 million reconstruction of the Route 6-10 connector in Providence is on time and within budget, with one of the project’s major features...
YOUTH MOVEMENT: Jamie Sanford is one of the youngest nursing home administrators in the state. She’s 37. Most other administrators are nearing retirement age, and the industry is concerned about finding future staffers.  / PBN PHOTO/MICHAEL SALERNO

Nursing homes struggle to fill staffing positions

While attending a nursing home industry event more than a year ago, Jamie Sanford came to a startling realization: Sanford, 37, was the youngest...
REMODELING: Kathryn Power, director of the R.I. Department of Behavioral Healthcare, Developmental Disabilities and Hospitals, says a reorganization proposal for Eleanor Slater Hospital will provide its patients with the appropriate care.  / PBN PHOTO/MICHAEL SALERNO

Questions raised over plans to restructure Eleanor Slater Hospital

The complicated finances and history of the state-run Eleanor Slater Hospital may take another turn. The network of four satellite hospital buildings, which care for...
HELPING HAND: Anne McDermott, Salve Regina University financial aid director, says the university has taken steps to assist students financially during the COVID-19 pandemic, including forming the Mercy Emergency Relief Fund.  / PBN PHOTO/ELIZABETH GRAHAM

Debtors fret over end to student loan reprieve

Kimberly Silva was a mortgage underwriter for nearly 20 years when the market crashed in 2008. That spurred her to jump into a new...
GETTING AHEAD: Andrew Parrish, CEO and president of Diligentiam, says it’s crucial for accounting firms to get training in data analytics. 
PBN PHOTO/MICHAEL SALERNO

Accounting firms trying to make sense of big data

Accounting is inherently a data-driven profession. Spreadsheets laden with numbers from financial reports and tax filings are staples of the profession. But transitioning from a...
MONEY CONCERNS: When Janet Tanury was forced to temporarily close her clothing boutique in the spring because of the COVID-19 pandemic, she stopped making contributions to her retirement account.  / PBN PHOTO/RUPERT WHITELEY

More people resorting to raiding their nest egg

Janet Tanury had been dutifully putting away money for retirement for years and was even considering doubling her contribution. Then, COVID-19 hit, shutting down Botticelli...
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