News: Rhode Island

Mayer and Greene of Compass Providence sell 40 Oriole Ave. for $2.7 million

Providence, RI Compass brokered the sale of 40 Oriole Ave. for $2.7 million. Rebecca Mayer, of Compass Providence, represented the seller, while Kira Greene, also of Compass Providence, represented the buyer.

The Ella and John Allen House ca. 1898 was designed by Providence architect Frederick Field. Located in Paterson Park, this home features five bedrooms, three full and two half bathrooms across over 4,700 s/f of living space. The property’s location at the eastern edge of the city’s East Side neighborhood abuts both Wayland Sq. and Blackstone Park.

“It’s been an extraordinary honor to assist my seller clients in marketing this fabulous home in Paterson Park,” said Mayer. “Rarely does one see a property renovated and restored with such care. Our very best wishes to the next stewards of this magnificent home!”

“I’ve really enjoyed helping this family move to Rhode Island,” said Kira Greene. “It was amazing to see how perfectly they fit with their new home, especially one so beautifully designed. They absolutely love being close to Wayland Square. Working alongside Rebecca Mayer, a fellow Compass agent, was a true pleasure.”

Year-to-date, 3 of the top 5 Individual Agents, based on Total Sales Volume, on the East Side of Providence are Compass agents, including both Rebecca Mayer and Kira Greene. Combined, Rebecca and Kira have successfully closed 26 transactions for over $36M in sales volume.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

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.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary