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Walker & Dunlop HUD Team Finances Over $135 Million for Six Rhode Island Properties in Six Months

Walker & Dunlop, Inc. announced today that it arranged $135,323,400 in HUD loans for six multifamily properties in Rhode Island between October 2023 and February 2024. The team worked alongside the. ....

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Developer still committed to $100 million Newport Grand investment

NEWPORT The Carpionato Group of Cranston has not given up on its goal of redeveloping the former Newport Grand site with a $100 million investment.
Both Kelly MacArthur Coates, president of the Carpionato, and Patricia Reynolds, the city’s director of planning and economic development, confirmed to The Daily News on Monday discussions soon will begin between city planning staff and Carpionato planners and engineers.
“We will meet with the community and figure out what they want us to do,” Coates said. “We’ve met with neighbors and abutting property owners and toured their properties. They’ve shared with us their concerns. Now it’s a process of us getting the city’s vision. It’s always difficult to line up so many viewpoints.” ....

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