Motorists exiting I-195 onto Warren Ave. in East Providence are now greeted by a new sign communicating that they have arrived in the Watchemoket Sq. neighborhood of East Providence. This sign represents the changes that have been occurring in this area.
Cranston, RI Sally Hersey of Williams & Stuart Real Estate, was installed as the 2024 president of the Rhode Island Association of Realtors (RIAR) at the association’s 75th annual installation and awards celebration.
Cranston, RI Marcus & Millichap Capital Corp. (MMCC) arranged $9.1 million for the refinancing of Midway and Pop Lofts, two multifamily properties located adjacent to one another at 125 Midway Rd. and 45 Poplar Dr. Robert Damigella, vice president, capital markets, based out of MMCC’s Boston office, secured the financing.
Newport, RI According to Coldwell Banker Realty the highest-priced home sold year-to-date in Newport—also the second highest for 2023 in the entire state of Rhode Island—closed recently for $12.25 million. It was a private
East Providence, RI Jay Kern of Sweeney Real Estate & Appraisal represented the sellers of 331 Newport Ave. The 3,000 s/f retail building sold for $535,000 to Tiger Lily Montessori School, Inc. represented by Christan Van Horn
Providence, RI Hayes & Sherry, a Cushman & Wakefield alliance member, has closed on the $2.3 million sale of 27 East River St., a waterfront property on the capital city’s East Side. The more than two-acre site is planned for a residential development by the buyer.
East Greenwich, RI Pennrose, Cove Homes, Inc., and project partners celebrated the groundbreaking of Frenchtown Rd. Apartments, an affordable housing community for low- and moderate-income households. Anticipated to open in the fall of 2024,
Westerly, RI Mott & Chace Sotheby’s International Realty has sold 443 Atlantic Ave. in the Misquamicut neighborhood for $3 million. The sellers were represented by Geb Masterson and Raymond Mott and the buyers were
Providence, RI Mott & Chace Sotheby’s International Realty completed the sellout of the 32 Custom House St. Condominiums. The seller was represented by Joshua Cullion of Mott & Chace
Providence, RI Compass sold 518 Cole Ave. for $1.85 million. The property was contracted for $55,000 over asking price after three days of showings. Kira Greene, founding agent of Compass Providence, represented the seller.
Middletown, RI Lila Delman Compass negotiated the sale of 766 Indian Ave. for $3.75 million. Annie Becker, associate broker of Lila Delman Compass’ Newport office, represented the buyer.