Group Boston Real Estate’s Michael Carucci Assists in the Sale of 231 Units at “903 Residence” in Providence, RI

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Winn Companies, a Boston based real estate developer, sold the property to Core Investments/SMC Corporation for a purchase price of $26.4 million.

Michael Carucci brings buyers and sellers together to make deals happen in a manner that enables both parties to leave the closing table happy

Group Boston Real Estate (GBRE) announced that Michael Carucci, Managing Director, consulted on the sale of 903 Residence, a 231 unit condominium building located at 903 Providence Place. Winn Companies, a Boston based real estate developer, sold the property to Core Investments/SMC Corporation for a purchase price of $26.4 million.

Built in 2005, the rental units at the 903 Residences feature nine-foot ceilings, loft-style layouts (in select units), balconies, and washers and dryers. Community amenities also include garage parking, a clubhouse and great room, a resort-style swimming pool and sundeck, a fitness center, a business center, and a media room. The 903 Residences are located near Federal Hill and the Downtown District, with close access to the Amtrak train station, the Central Business District, and the 1.35 million square foot Providence Place Mall.

“Michael Carucci brings buyers and sellers together to make deals happen in a manner that enables both parties to leave the closing table happy,” said Larry Curtis, President of Winn Companies. “Michael is a star broker. He knows everybody, and everybody knows who he is.”

“I’m very pleased to be able to advise both the seller, Winn Companies and the buyer, Core Investments SMC Corporation in this asset transaction,” said GBRE’s Michael Carucci.

About GBRE:
GBRE is Boston’s premier realtor for luxury properties, condominiums, townhouses, and investment properties. GBRE’s client list includes: the Boston Red Sox, Taurus Investments, Fidelity Investments, Bain & Company, Winn Development, Peabody Properties, The Mt. Vernon Companies, The Boston Celtics, Massachusetts General Hospital, Centremark Properties, The Boston Bruins, and Beth Israel Hospital. More information on GBRE is available at: http://www.bostonrealestate.net/.

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