News: Front Section
Posted: January 5, 2018
DeRentis of RPL brokers $1.4 million sale in Providence
Providence, RI Residential Properties Ltd. (RPL) sold the Forrest Greene House, a brick late Victorian with a carriage house on the city’s historic East Side for $1.4 million. Sales associate Jim DeRentis of RPL’s city office was the listing agent in this transaction.
According to MLS data, this marks the 26th single family sale of over $1 million this year. RPL has listed 18 of the 26 East Side single family sales of over $1 million this year (including the top two highest sales of the year), while also representing 39 of the 52 transaction sides.
Built in 1896, the Forrest Green House includes oak hardwood floors, and leaded glass windows. There is ample living space inside including six bedrooms, six and a half baths, and a wide family room which offers multiple stone and brick fireplaces. A chef’s kitchen includes a casual dining area, stainless steel appliances, stone countertops and center island with breakfast bar.
Residential Properties Ltd. is the largest privately held real estate company in Rhode Island and has been serving sellers and buyers of distinctive properties since 1981 through service, innovation and sheer hard work. The Company, with five offices located in Barrington, Cumberland, East Greenwich, Narragansett and Providence, services all of Rhode Island, the Connecticut shoreline and southeastern and central Massachusetts. In addition, the relocation department assists buyers and sellers on transactions throughout the country.
Tags:
Front Section
MORE FROM Front Section
Front Section
McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Columns and Thought Leadership
It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
