News: Front Section

Sales associates of Lila Delman Compass broker $3.1m sale - highest sale in history of condominiums in Narragansett

Narragansett, RI Lila Delman Compass has brokered the sale of 114 Boon St. for $3.1 million. Dan and Nicole Harding, Lila Delman Compass sales associates, represented the seller, while Jaime Wilson, Lila Delman Compass associate represented the buyer. This transaction marks the highest sale in history of a condominium in the town.* 

Located in the Pier Beach neighborhood, this newly reconstructed, ocean-view condo features four bedrooms, three full and one half bathrooms. The property offers 12 ft. ceilings, covered ocean-facing decks, an elevator and a heated three car garage. 

“It was beyond thrilling to be part of the sale of this iconic Boon St. structure that was meticulously reconstructed,” said Dan Harding. “Witnessing the transformation of this piece of history into a beautiful home with every modern day convenience, while keeping its old-world charm was amazing.” 

According to data maintained by the Rhode Island Statewide MLS, Lila Delman Compass ranks as the #1 real estate brokerage in Narragansett this year. Agents of Lila Delman Compass have participated in four out of Narragansett’s top six sales year-to-date.* 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
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