Tag: Commercial Real Estate
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...
Rascionato to lead Citizens Financial Group Commercial Real Estate team
PROVIDENCE – Citizens Financial Group Inc. has named Jessica Rascionato to lead its Commercial Real Estate team, the company announced on March 6.
Rascionato, who joined Citizens...
Partners purchase Hayes & Sherry commercial real estate firm
PROVIDENCE – One of the region’s leading full-service commercial real estate brokerage firms is changing owners.
Hayes & Sherry founding owners, Pete Hayes and Karl...
Plans for Microfibres site please some, worry others
FOR THE FIRST TIME since Microfibres Inc. went out of business in 2016, the former fabrics factory at 1 Moshassuck St. in Pawtucket appears...
Hinckley Allen Elevates Thomas W. Madonna, Jr. to Partner
Tom Madonna, Jr. was recently elevated to partner at the law firm of Hinckley Allen, in the Real Estate Group. His practice focuses on...
Companies on desperate search for warehouses
Businesses looking for a warehouse in Rhode Island might be searching for a long time because the exploding growth of online retail has spurred...