Updated May 6 at 5:24am
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Teen clothing chain Aeropostale Inc. overcame the first challenge to its bankruptcy reorganization plans, securing $100 million in interim financing over the objection of its main lender. more
Filings for U.S. unemployment benefits increased to a five-week high, a sign that progress in the strongest part of the economy may be moderating. more
Providence-based Larew, Doyle & Associates recently arranged $8.5 million in mortgage financing on a 108,000-square-foot, Class A office building at 910 Douglas Pike. The Smithfield Office Center, a three-building professional office park, is located off of Interstate 295. more
The Edgewood Yacht Club recently held a groundbreaking for a new clubhouse, to replace the structure damaged in a fire in 2011. more
A penthouse unit at 200 Exchange St. was sold for $1.2 million, according to Mott & Chace Sotheby’s International Realty, the most expensive sale in the Waterplace buildings since December 2014 and the highest sale in Providence since September 2015. more
An update submitted to the state on the Rhode Island Historic Preservation Tax Credit program indicates that more than $224 million in historic renovations are proposed across Rhode Island, under applications made through April 21. more
Elise Penn Pansey, a Realtor with Century 21 Butterman & Kryston in Pawtucket, is a consistent top-seller who also markets herself as the “pet-friendly Realtor.” In a recent exchange with the Providence Business News, she explained what that means. more
Three health centers in Rhode Island will share nearly $3 million in federal funding to renovate or acquire new health center space to serve an estimated 11,250 new patients. more
Abigail P. Johnson, president and CEO of FMR LLC, the parent company of Fidelity Investments, and Gov. Gina M. Raimondo will be featured speakers at the Greater Providence Chamber of Commerce’s 2016 Economic Outlook Luncheon on June 2 at the R.I. Convention Center. more
Blount Fine Foods said this week that it is seeking to fill 25 positions on the factory floor and in business operations at its new plant in McKinney, Texas. more
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