City: Providence

Multi-Housing News Hawkins Way Capital has purchased the Edge at College Hill, a 247-unit student-housing property in Providence, R.I. Vision Properties of Conshohocken, Pa., was the seller. The sales price was not disclosed. Hawkins Way, of Los Angeles, will rename ...

Commercial Real Estate Direct Staff Report Continued troubles at the Providence Place Mall in Rhode Island's capital city has prompted Kroll Bond Rating Agency to downgrade four of the five rake classes in DBUBS, 2011-LC3, that are tied to a ...

Boston Business Journal Fortuitous Partners plans on developing a mixed-use project in Pawtucket, R.I. The development, which is being called Tidewater Landing, will sit on three sites along the city's riverfront, about five miles north of Providence, R.I. It is ...

Commercial Real Estate Direct Staff Report Acadia Realty Trust has paid $55.8 million, or $122/sf, for the 456,666-square-foot Lincoln Commons shopping center in the Providence, R.I., suburb of Lincoln, R.I. The Rye, N.Y., REIT acquired the property from Highlands REIT ...

Tritower Financial Group has paid $71 million, or $351/sf, for the 202,096-square-foot office property at 10 Memorial Blvd. in downtown Providence, R.I. The Boston investment manager bought the 10-story building from R.J. Kelly, a Burlington, Mass., investment manager that was ...

Commercial Observer AJ Capital Partners has lined up $44.3 million in financing against the Biltmore hotel in Providence, R.I. ACORE Capital provided the five-year, floating-rate mortgage. JLL arranged the financing. AJ Capital, of Chicago, plans on using the funds to ...

Metrovest Equities Inc. has purchased the 257-room Hyatt Regency Newport hotel on Goat Island in Newport, R.I., from a venture of Amstar Group and Davidson Hotel Co. for $71.4 million, or $277,820/room. The deal was brokered by JLL's Hotels & ...

Commercial Real Estate Direct Staff Report The CMBS loan against One Financial Plaza, a 322,402-square-foot office property that's among the tallest in Providence, R.I., has transferred to special servicer C-III Asset Management because it's expected to default. The loan, with ...