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The BLVD Group Acquires Rhode Island Apartment Community for $57 Million

The BLVD Group Acquires Rhode Island Apartment Community for $57 Million

by Phil Hall | Apr 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The BLVD Group, a developer and owner of affordable housing, announced its $57 million acquisition and planned renovation of Rock Ridge Apartments, a 152‑unit community in Woonsocket, Rhode Island. The company said it would create 30 new affordable units at the site....
Rhode Island Home Sales Down 8.8%

Rhode Island Home Sales Down 8.8%

by Phil Hall | Mar 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 404 single-family homes were sold in Rhode Island during February, down 8.8% from the 443 transactions recorded one year earlier. According to data from the Rhode Island Association of Realtors, pending home sales declined from 762 in February 2024 to 685...
Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing

Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing

by Phil Hall | Feb 5, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The mayor of a Rhode Island town is using eminent domain to seize land owned by a developer planning to construct a 252-unit affordable housing development. WPRI.com reports Mayor Joseph Polisena Jr. of Johnston declared last week that his town has taken over 31 acres...
LRT Company Expands to Rhode Island with Senior Housing Development

LRT Company Expands to Rhode Island with Senior Housing Development

by Phil Hall | Dec 19, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

LRT Company, a Bluffton, South Carolina-headquartered development firm, has expanded into Rhode Island with its acquisition of 12.38 acres in the Providence suburb of Coventry, where it plans to develop Tiffany Laurel Reserve, a 204-unit senior housing campus. The...
Brown University Transfers 255-Acre Parcel to Pokanoket Indian Tribe

Brown University Transfers 255-Acre Parcel to Pokanoket Indian Tribe

by Phil Hall | Nov 22, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Brown University has transferred 255 acres in Bristol, Rhode Island, to a preservation trust established by the Pokanoket Indian Tribe. WPRI reports the property has been home to the Haffenreffer Museum of Anthropology and a center for educational programs and field...
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