Proud to Be - September 2020

Page 1

A SUPPLEMENT TO EAST BAY MEDIA GROUP

PROUD TO BE A Celebration of East Bay Business

A luxury brand with a community commitment L

FROM THE COAST TO THE CAPITAL...

BRISTOL, RI

BARRINGTON, RI

‘Shangri-La’, 79-85-91 SHORE ROAD

$5,750,000

85 NAYATT ROAD

$4,975,000

Private & Luxurious Estate on 3.92 Waterfront Acres

401.266.9900

SOLD

Waterfront Compound: 2 Homes, Tea House, & Greenhouse 401.450.9026

Tom Wegner is Lila Delman’s Providence sales manager and associate. supporter of Providence WaterFire. Despite this year’s pandemic, buyer confidence is still very strong in the Ocean State, according to Lila Delman. The company finds that Rhode Island real estate is holding value compared to coastal towns on the Cape and the Hamptons. Although the market dipped in March and April, the summer has been as busy as ever. “You’re going to get a better deal in Rhode Island,” one Lila Delman manager said.

BRISTOL, RI

TIVERTON, RI

415 POPPASQUASH RD Newly-Built, Water Views

$2,995,000 401.952.3461

112 RIVERSCAPE LANE Waterfront 4-Bed w. Mooring

LITTLE COMPTON, RI $2,695,000 401.339.6233

116 SAKONNET POINT RD. SOLD: $1,955,000 Sold by Ted Marvell

401.255.6420

SOLD

ila Delman Real Estate, a Rhode Island institution that’s been owned by the same family since its founding 56 years ago, is just getting warmed up. The company celebrated a recordbreaking year in 2019, closing on more than $560 million in sales volume, and recently surpassed $5.5 billion in overall sales as the No. 1-ranked luxury firm in the state. In June, Lila Delman welcomed East Bay resident Tom Wegner as sales manager of the firm’s Providence office, at 369 South Main St. A multimillion-dollar-producing Realtor licensed in Rhode Island and Massachusetts, Tom was ranked as one of the Top Ten Associates companywide in 2018. Lila Delman represented two of the top home sales on the East Side this year: the Williams Douglas House for $1.71 million, and another on Stimson Avenue for about $1.34 million. “From the Coast to the Capital” — with offices in Block Island, Watch Hill, Newport, Narragansett, Jamestown and Providence — Lila Delman is primary known for their focus on coastal luxury properties. 2019 proudly marked Lila Delman’s 11th consecutive year as statewide leader of sales of over $1 million. Still, as a representative pointed out, more than 50 percent of their sales actually involve properties under $1 million. The company is also known for its strong community involvement. Lila Delman is the prime sponsor of the ubiquitous newportFILM series and has also been a major

EAST SIDE OF PROVIDENCE, RI Sold by Stephanie Basile

NEWPORT JAMESTOWN

BRISTOL, RI

SOLD: $1,710,000

6 OLIVE STREET

401.465.3975

WATCH HILL NARRAGANSETT

343 THAMES STREET #303-M Luxury 2-Bedroom Condo

PROVIDENCE BLOCK ISLAND

EAST SIDE OF PROVIDENCE, RI $849,000 401.662.7993

229 MEDWAY STREET #109 Luxury Retirement Community

$415,000 401.465.3975


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