WOONSOCKET â€“ The real estate entity that held the mortgage on Walnut Hill Plaza has repurchased the ailing Diamond Hill Road shopping center in a foreclosure auction for $13 million.
The group of investors known as ML-CFC Commercial Mortgage Trust reclaimed the struggling strip mall from a subsidiary of New York-based Acadia Realty Trust, which had purchased it for $23.5 million in 2006.
There were no other offers on the sprawling shopping center during a public foreclosure auction on the grounds Friday, said lawyer Armando Batastini, representing the lenders.
BURRILLVILLE â€“ The school bus company hired by the Burrillville School District two years ago is doing more than making sure Burrillvilleâ€™s students get to school on time and back home safe.
Theyâ€™re helping the girls at Burrillville High School look their best at prom time.
To help ease the financial burden of having to come up with enough money to buy expensive prom dresses that can cost as much as $400, Durham School Services is collecting gently used prom and cocktail dresses, evening gowns, and shoes and accessories donated by local businesses, to help cash-starved students.