Timing is everything in real estate, and sometimes it isn’t on the developer’s side. The 903 Residences at Providence Place, which opened as apartments in 2003 then converted to condos, got caught in the market crash of the Great Recession. When the market fizzled, fewer than one-third of its 330 units had sold.
Click here to read the full article from Providence Business News.
Copyright © 2024 Mott & Chace Sotheby’s International Realty. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Mott & Chace Sotheby’s International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies. The updated disclaimer above is to be utilized for consumer-facing materials created by affiliate Mott & Chace Sotheby’s International Realty, including a local affiliate Mott & Chace Sotheby’s International Realty website. All rights reserved.
Facebook
X
Pinterest
Copy Link