1. Cranston building containing beer distributor sells for $8.2M POSTED ONLINE: OCT. 24. A 107,647-square-foot commercial/industrial building that’s home to beer distributor McLaughlin & Moran Inc. recently sold for $8.2 million, according to public records. The sale of the 40 Slater Road property comes as Anheuser-Busch distributor McLaughlin & Moran becomes part of the West Greenwich-based Mancini Beverage Co.
tinyurl.com/4k7frtxn
2. Royal Crest Warwick, a 492-unit apartment building, sells for $132M POSTED ONLINE: OCT. 17. An apartment building known as Royal Crest Warwick at 42 Cedar Pond Drive in Warwick sold for $132 million, according to public records and an announcement by Walker & Dunlop Inc., which arranged the financing for the buyer as part of a larger real estate portfolio acquisition. According to the warranty deed, the building was sold by Aimco Warwick LLC, a limited liability company based in Denver.
tinyurl.com/553p4ru3
3. WalletHub: Warwick is America’s safest city POSTED ONLINE: OCT. 21. Warwick, a city of approximately 83,000 residents, is the safest in the country, according to WalletHub. The personal finance website studied 182 cities across the U.S., including the 150 most populated cities. Each was evaluated for community and home safety, natural disaster risks and financial safety. The rankings factored in data from 41 key indicators, including traffic fatalities per capita, assaults per capita, the unemployment rate and percentage of the population that is uninsured.
tinyurl.com/yd5edkxf
4. One Neighborhood Builders gets $3M loan from Rhode Island Foundation for apartment development POSTED ONLINE: OCT. 1. One Neighborhood Builders has secured a $3 million loan from the Rhode Island Foundation for the first phase of its Center City Apartments development in the city. The loan announced Oct. 1 allows the nonprofit to secure financing for the first 95 apartments of the 144-unit development spanning three buildings along Taunton Avenue. Groundbreaking and construction are expected to begin this fall.
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5. Providence City Council approves $25M bond to purchase 444 Westminster St., WaterFire property POSTED ONLINE: OCT. 3. The Providence City Council voted 9-3 on Oct. 2 to approve a measure requested by Mayor Brett P. Smiley’s administration authorizing the Providence Public Building Authority to issue $25 million in bonds for the acquisition of the Doorley Municipal Building on Westminster Street and the WaterFire Arts Center on Valley Street.
tinyurl.com/32t686s9
6. AG pushes regulators to make Rhode Island Energy pay up on ratepayer discounts POSTED ONLINE: OCT. 24.
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7. Providence to acquire Federal Hill parcel in new approach to affordable housing POSTED ONLINE: OCT. 27.
tinyurl.com/466bzuk8
8. Condo on Goat Island in Newport sells for $7M POSTED ONLINE: OCT. 10.
tinyurl.com/5fdb55as
9. R.I. among 13 honorees for PBN’s 2025 Diversity, Equity & Inclusion Awards program POSTED ONLINE: OCT. 21.
tinyurl.com/yc2bcxrc
10. Seaside gated compound in Newport sells for $12.1M POSTED ONLINE: OCT. 3.
tinyurl.com/bdzmsuun
