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Larew Doyle & Assocs. arranges $15.9 million land acquisition financing for Laurelmead

Providence, RI Larew Doyle & Associates placed $15.9 million in land acquisition financing on behalf of Laurelmead, a senior living community. The financing enabled Laurelmead to acquire the land beneath its community, previously leased from Butler Hospital. This transaction secures Laurelmead’s long-term presence on the city’s East Side and supports its continued growth and operational success...READ MORE HERE

JK Equities breaks ground on 160,000 s/f distribution center

Pawtucket, RI JK Equities has officially broken ground on the Blackstone Distribution Center — a 160,000 s/f class A industrial project at 1 Moshassuck St. Represented by JLL, the project marks the state’s first urban speculative industrial development — bringing new class A, logistics-ready space to a strategically located site near downtown Providence and I-95, helping to fill a critical gap in Rhode Island’s industrial inventory...READ MORE HERE

Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments...READ MORE HERE

Foncellino Team of Coldwell Banker Commercial sells 3,000 s/f office for $425,000

Attleboro, MA The Foncellino Team of Coldwell Banker Commercial division, listed and sold 3,000 s/f of office space at 166 Bank St. for $425,000. The seller was Rhumb Line Realty and buyer was Foos Fire. This building, near downtown, has access to main highways and train station. The building has two suites with separate electric meters, new A/C and carpets and thermal pane windows and has a sprinkler system...READ MORE HERE

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