Providence Realty Investment gets refinancing for 9 affordable housing sites

PROVIDENCE REALTY INVESTMENT is a company that bought 708 units of affordable housing across Rhode Island for $54.8 million in early 2011. Now the company recently completed refinancing on the federally-subsidized housing, which is spread across nine sites, including the Hardig Brook Village Apartments at 331 Centerville in Warwick. / COURTESY PROVIDENCE REALTY INVESTMENT
PROVIDENCE – A total of 708 units of affordable housing spread across nine sites around Rhode Island were the subject of refinancing deals that were completed by real estate company Providence Realty Investment. The ownership group, advised by law firm Nixon Peabody LLP, completed the transactions in early November, totaling more than $104 million in…

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