News: Rhode Island

Washington Trust Co. holds 24th annual Peanut Butter Drive

Westerly, RI The Washington Trust Company held its 24th annual Peanut Butter Drive and collected jars of peanut butter at the bank’s 27 branch locations. Peanut butter collected from the Washington Trust Peanut Butter Drive is donated to 19 local hunger relief agencies across the bank’s footprint, and online contributions support the Rhode Island Community Food Bank, Connecticut Foodshare, and the Greater Boston Food Bank.

 “Washington Trust started the Peanut Butter Drive 24 years ago and, since that time, we’ve collected 159 tons of peanut butter— enough to make 5 million peanut butter sandwiches,” said Edward Handy III, Washington Trust chairman & CEO. “Unfortunately, in today’s economic environment the need is greater than ever, so we once again are asking our friends and neighbors to donate to help feed a local family in need.”

Handy, who formerly served as the president of the board of directors at the Rhode Island Community Food Bank, provided these Food Bank statistics:

• The RI Community Food Bank network of 140 member agencies serves 80,000 individuals per month on average, a 51% increase from 2019.

• One in three households in Rhode Island are food insecure, meaning that they cannot meet their basic food needs

• 38% of households with children are at risk of hunger.

Since 2001, the Peanut Butter Drive has collected the equivalent of 159 tons of peanut butter, enough to make more than five million peanut butter sandwiches

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