News: Front Section

Phipps Realty forms affiliation with Compass

East Greenwich, RI Family-run residential real estate firm Phipps Realty, Inc. has affiliated with Compass. Founded in 1976 by Joyce Phipps, Phipps Realty has long been recognized for its client-centric approach to real estate, guided by the mission “Our family takes care of yours.” Notably committed to their service and support of the community, Phipps Realty will maintain its dedicated office space located at 111 Main St., now doing business as the Phipps Team at Compass. All members of the Phipps Team and associated licensees are now affiliated with Compass’ flagship Providence location.

The Phipps Team at Compass includes team leader Matt Phipps, associate broker Ron Phipps, and sales associates Susan Martins-Phipps, Sophia Karvunis and Jake Heffern. Christina Phipps serves as the team’s graphic & digital strategist and Aaron Fergola as the team’s counsel. As a group, their industry accolades include a six time County/Board Realtor of the Year, two time RIAR Realtor of the Year, a RIAR state president, a “30 under 30” designee and the 2011 president of the National Association of Realtors.

“This decision did not come lightly – affiliating with Compass, a technology-driven, industry leader with national scale, best positions our team and beloved clients for the next chapter of business in an evolving real estate landscape,” commented Ron Phipps. “We are grateful for the warm welcome from Robert Reffkin, founder/CEO, and the entire Compass Team. We look forward to the contributions we are committed to making to our greater Compass community.”

“We are delighted to welcome Ron, Matt and Phipps Realty to our market leading Compass team in Rhode Island. I’ve known Ron and Matt for many years and their leadership within the real estate industry on both a local, state and national level is unparalleled,” shared Bob Leighton, managing director of Compass Rhode Island. “As a multi-generational, family oriented brokerage, Phipps Realty is recognized for their consummate professionalism and hands-on, consumer centric approach.”

Though noted for their ties to East Greenwich, The Phipps Team services all of Rhode Island and Massachusetts, working with sellers, buyers, investors and tenants alike. The team has been long recognized as a top team in Kent County, having successfully closed over half a billion dollars of real estate.

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

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.
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 doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

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.