Real Estate
375 results total, viewing 41 - 50
The United States is preparing to sue Bank of America Corp. amid an impasse in talks to resolve government probes of the lender’s sale of mortgage-backed bonds before the financial crisis, a person familiar with the matter said. more
Nearly a year ago High Rock Development proposed a mixed, commercial/residential redevelopment of 111 Westminster Street in Providence, using up to $75 million in public support. The latter ranged from state and federal historic rehabilitation tax credits to city property tax breaks and $39 million in direct state subsidies. more
Coastway Community Bank was recently honored with Rhode Island Housing’s 2013 Participating Lender of the Year Award for providing their customers with more Rhode Island Housing loans than any other participating lender at a statewide breakfast for real estate professionals. more
Construction employment in Rhode Island rose six-tenths of a percent in March compared with the same period last year, adding 100 jobs for a total of 16,300 jobs, the Associated General Contractors of America reported Friday. more
Rhode Island’s commercial real estate market saw improvement across all sectors in 2013, but high vacancy rates, shorter lease terms and a dearth of high-bay warehouse properties continue to challenge the market’s recovery. more
Single-family home sales in Massachusetts fell for the fourth time in the last five months in March, according to The Warren Group, even as prices rose. more
Three years ago, the Rhode Island chapter of the Associated Builders and Contractors Inc. spent nine months getting permit approvals for a small, $30,000 office renovation in Pawtucket that its president says should have taken a month. more
Sales of new U.S. homes unexpectedly plunged in March to the lowest level in eight months, reflecting a broad-based retreat that signals the industry is facing bigger challenges than just bad weather. more
Recently there has been much discussion about the various means of public support for private historic rehabilitation and other construction projects. There has been criticism, some of it justified, of specific instances of the use of government tools – such as tax-stabilization acts – for promotion of economic activity. While this type of review is always healthy, there is a distinct danger that the larger picture will be missed. more
Not long ago they were the punching bags of American real estate, accused of rank incompetence, wrecking home sales and failing to pick up on signs of the housing turnaround. more
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