news

In 2017 we closed on $15 million in bonds to allow the Portsmouth Abbey School in Portsmouth to build a new 34,000 sq foot science building. Since 2001, we’ve provided the Portsmouth Abbey School with more than $42 million in bond financing to build out their campus. We’re proud to provide bond financing to Rhode…

In 2012 we closed on a $9 million bond to finance the construction of Rhode Island Blood Center’s new 20,000 sq ft laboratory in Providence. We’re proud to provide bond financing to Rhode Island’s health & educational organizations so they can meet their facilities needs and their missions.

In 2020, we closed on a $57.4 million bond for the Town of Lincoln to finance renovations and a 53,000 sq ft addition to Lincoln High School. We’re proud to provide bond financing to Rhode Island’s health & educational organizations so they can meet their facilities needs and their missions.

In 2008 we closed on a $12.6 million bond to finance land acquisition for and the construction of HopeHealth’s Hulitar Hospice Center in Providence. We’re proud to provide bond financing to Rhode Island’s health & educational organizations so they can meet their facilities needs and their missions.

In 2018, we closed on an $8.75 million bond to finance the construction of Roger Williams University’s 27,000 sq ft engineering laboratory building. Since 1981, we’ve provided Roger Williams with more than $122 million in bond financings to build out their campus and meet their educational mission.

In 2002, we closed on an $11,750,000 bond to finance the construction of the Jewish Seniors Agency’s Tamarisk Senior Living facility in Warwick. We’re proud to provide bond financing to Rhode Island’s health & educational organizations so they can meet their facilities needs and their missions.

In 2010 we closed on a $2.5 million bond to finance building acquisition and improvements for the J. Arthur Trudeau Memorial Center’s Warwick headquarters. The Trudeau Center provides critical services to support children and adults with intellectual and developmental disabilities. We’re proud to provide bond financing to Rhode Island’s health and educational organizations so they…

In 1999, we closed on a $20 million bond to finance renovations to the University of Rhode Island’s Barlow and Weldin residence halls. We’re proud to provide bond financing to Rhode Island’s health & educational organizations so they can meet their facilities needs and their missions.

In 2011, we closed on a $41.9 million bond to finance construction of the 138,000 sq ft, 156 resident Tockwotton On The Waterfront senior care facility in East Providence. At RIHEBC, we’re proud to provide bond financing to Rhode Island’s health & educational organizations so they can meet their facilities needs and their missions. “Tockwotton…

Three quarters of a percentage point doesn’t sound like much until it is applied to millions of dollars and a 20-year repayment schedule. In his five-year forecast issued in July, City Finance Director Peder Schaefer applied a 4.5% interest rate on school bonds including the $350 million bond to build new Pilgrim and Toll Gate…