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SEEKING INVESTMENT: Inclusion in the nationwide Opportunity Zone program could mean an influx of new investment and development for regions of the state deemed low-income census tracts. Each of the 25 Rhode Island tracts, the maximum nominations allowed by each state, has a greater-than-27 percent poverty rate. Investors in the program – who could fund everything from startups and business expansions to real estate deals – will be eligible for tax benefits. / SOURCE: R.I. COMMERCE CORP.

New Opportunity Zone program could help banks meet CRA requirements

Included in the 2017 $1.5 trillion federal tax overhaul heralded by President Donald Trump and passed by Congressional Republicans was the Opportunity Zone program.Encouraging...
TEN LAW FIRMS with local practices received national recognition in the U.S. News & World Report's 2019 Best Law Firms rankings. / COURTESY U.S. NEWS & WORLD REPORT

10 law firms with R.I. operations ranked nationally by U.S. News

PROVIDENCE – Ten law firms with operations in Rhode Island received national rankings in the 2019 U.S. News & World Report Best Law Firms rankings...

Providence tower among nation’s largest delinquent commercial loans

PROVIDENCE – One Financial Plaza, Providence’s second-tallest building, was among the nation’s five largest newly delinquent loans last month in the commercial mortgage-backed securities...
BLOOMBERG FILE PHOTO/PAUL TAGGART

Uniform Bar Exam has pros and cons for R.I.

Recent adoption of the Uniform Bar Exam in Rhode Island has pros and cons for the local legal profession, say educators and partners at...
POSITIVE VIBES: According to results from the Providence Business News Summer 2017 Business Survey, local business owners are optimistic about the future of their businesses and the statewide economy, despite ongoing concerns about finding qualified workers and managing rising health care costs.  / PBN GRAPHIC/ANNE EWING & LISA LAGRECA

Strong quarterly results help fuel R.I. business owners’ faith in local...

Optimism reigns among Rhode Island business owners about the future for their businesses and the statewide economy, despite ongoing concerns about finding qualified workers...
READY TO LEASE: Hayes & Sherry broker Matt Fair, left, and firm partner Peter Hayes are marketing about 3,500 square feet of available space at Providence’s IGT Center. / PBN PHOTO/TRACY JENKINS

There are vacancies in Providence, but large office spaces limited

The slow, steady conversion of vintage downtown buildings into residential spaces, or boutique hotels, has tightened the supply of Class B office space in...
THE PROP: Working for Locke Lord offers Joseph A. Farside Jr. the chance to work on matters with international reach in a small-city setting.

Joseph A. Farside Jr., 38 Partner — Locke Lord LLP

Did you select your profession or did it select you? Both. I selected the law, based on an interest in environmental law that developed...
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