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May 19, 2008 Archives

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Middletown apartment complex sold

2:45 PM Mon, May 19, 2008 | | Write a comment
By John Kostrzewa    Email

Northland Investment Corp. said yesterday that one of its funds, the Northland Fund III LP, has acquired Northgate Apartments, a 179-unit apartment community located in Middletown, marking Northland’s entry into Rhode Island. The price was not disclosed. Northgate is comprised......

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S&P downgrades East Providence's debt rating

9:22 AM Mon, May 19, 2008 | | Write a comment
By John Kostrzewa    Email

Standard & Poor’s Ratings Services has revised the outlook on the general obligation bonds issued by East Providence to negative from stable. Standard & Poor’s also affirmed the ’A-’ underlying rating on the debt. "The outlook revision was based on......

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R.I. wins homeland security grants

9:16 AM Mon, May 19, 2008 | | Write a comment
By John Kostrzewa    Email

Rhode Island will receive $1.2 million in federal infrastructure grants from the U.S. Dept. of Homeland Security to strengthen security at ports and enhance transit, trucking and intercity bus systems. The Infrastructure Protection Activities funds will be used to prevent,......

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Blackstone Valley tour set for today

9:08 AM Mon, May 19, 2008 | | Write a comment
By John Kostrzewa    Email

Public officials are scheduled today to tour the Broad Street corridor through Pawtucket, Central Falls and Cumberland to review efforts to revitalize the area. The three-hour tour is designed to expose and analyze the three communities' resources, sites and the......

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