Real Estate
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Capital Properties 1Q profit drops
Capital Properties Inc. reported a 33.5 percent drop in profit to $340,000, or 5 cents per share, during the first quarter of 2013 compared with earnings of $511,000, or 8 cents per share, during 2012. more
| 4/25/13
New home sales strengthen as builders drive growth
Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
Home sales, prices rise in Bristol County, Mass.
Single-family home sales in Bristol County, Mass. rose 5.1 percent in March compared with the same period in 2012, The Warren Group said Tuesday. more
| 4/23/13
Sales of U.S. existing homes probably climbed for 3rd month
Sales of previously owned U.S. homes probably rose in March for a third month to reach the highest level since late 2009, further evidence of an improving real-estate market, economists said before a report today. more
Carpionato plans parking lot for Fruit & Produce Warehouse land
Carpionato Group wants to turn the former Providence Fruit & Produce Warehouse property on Harris Avenue into a surface parking lot, according to an application with city officials. more
Prov. station to get $5.7M facelift
Thanks to approval of federal funding allocations, the state has released the details of $5.7 million in improvements to the Providence railroad station, which serves Amtrak and MBTA passengers every day. more
| 4/15/13
Roger Williams narrows search for home of new Prov. location
Roger Williams University leaders have narrowed their search for a new downtown Providence branch to five locations and hope to recommend one to trustees next month, school officials said Thursday. more
Foreclosure starts, completions fall in Providence metro in March
March foreclosure starts in the Providence-Fall River-New Bedford area dropped 15.5 percent and completed foreclosures fell 6.9 percent compared with the same period last year, according to RealtyTrac’s latest report. more
| 4/12/13
I-195 Commission set to offer candidate executive directorship
The Interstate 195 Redevelopment District Commission has chosen Jan Brodie, a former vice president of the Armory Revival Co. now working for a Boston nonprofit developer, to be its first executive director, Commission Chairman Colin Kane confirmed Thursday. more
Brown eyes College Hill expansion of engineering, announces gifts
Thanks to the results of extensive faculty, staff and student survey results, and studies of student enrollment patterns and faculty collaboration ties, Brown University on Wednesday announced its intention to expand its engineering school on land it already owns, while also announcing gifts of $44 million for that effort. more
| 4/10/13
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