The owner of the Providence Place mall said Thursday that it has reached a deal with some of its lenders, allowing a number of its shopping centers to exit bankruptcy by the end of 2009.
General Growth Properties Inc. (GGP:NYSE) filed for Chapter 11 bankruptcy protection in April [...]
From the Providence Business News
Foreclosure filings in Rhode Island rose 55 percent in October compared with a year earlier, according to real estate tracking firm RealtyTrac Inc.
Lenders filed 704 notices of foreclosure sale and repurchased 199 foreclosed homes last month, RealtyTrac said Thursday. The total was 8 percent [...]
PROVIDENCE, R.I. -- The lenders in control of the Twin River slot parlor have asked a federal judge for permission to hire the former legal counsel for the Rhode Island Lottery as a government relations consultant, according to a court filing.
Robert M. Silva was the Lottery's lawyer for 16 years, [...]
CRANSTON, R.I. -- The City Council knew when it approved new guidelines for lenders to follow when foreclosing on residential properties that the measures might not stand up to a legal challenge.
What they didn't know was that the opposition would come from the mayor.
Mayor Allan W. Fung on Thursday' [...]
CRANSTON, R.I. -- With more than 500 foreclosures in the city since the start of 2008, City Council members said it was time to act.
On Monday night, they passed two ordinances that will require lenders to take extra steps before foreclosing on residential properties
One ordinance requires lenders to pursue [...]
By Paul Grimaldi
Journal Staff Writer
PROVIDENCE, R.I. -- The lenders who control the bankrupt Twin River slot parlor and the greyhound owners association that provides dogs for racing in Lincoln have reached a deal that saves more than $90 million for the gambling hall over a decade, according to [...]
