Tag: Commercial Real Estate
Federal commercial real estate cancellations surprise R.I. landlords
PROVIDENCE – Mary Sadlier was surprised when she opened an email from the General Services Administration last week.
The agency informed Sadlier the federal government...
Centre of New England developer to present plans for another project...
COVENTRY – A developer is looking to expand its construction plans in town.
While Starr Capital LLC’s plans for a sprawling 900-unit housing project at...
With golf course open, plans for Phase 2 at Metacomet proceed
The newly configured nine-hole golf course that covers about half of the former Metacomet Country Club has proved popular among golfers since it opened...
R.I. presses forward in quest for lab space
While major metropolitan areas are facing a concerning glut of laboratory space, Rhode Island leaders are more optimistic about the Ocean State’s future in...
Citizens executive appointed senior vice chairman
PROVIDENCE – Citizens Financial Group Inc. says Donald H. McCree III, head of commercial banking at Citizens, has been appointed to senior vice chairman.
“This...
Despite failures, landlords still see future in coworking spaces
The recent bankruptcy filing by national coworking space operator WeWork Inc. – once valued at $47 billion before its estimated worth plummeted to $360.9...
Citizens Financial Group reports $487M profit in Q2
PROVIDENCE – Citizens Financial Group Inc. on Tuesday reported a 31% rise in quarterly earnings compared with a year ago, beating Wall Street estimates...
SHAKY GROUND: Distressed office real estate could undermine banks, wider economy
The former mayor of Providence is distressed.
When Joseph R. Paolino Jr. walks through the city’s financial district, he’s anxious about what he sees. He...
Pandemic fallout taking toll on commercial real estate
The COVID-19 pandemic has ended but the economic fallout is ongoing in some sectors of the economy, including commercial real estate.
Owners and lenders invested...
Growth of self storage raising some alarms
Driving up Interstate 95 on a recent evening, Richard Godfrey, executive director of Roger Williams University’s real estate program, couldn’t help but notice a...
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