Buy it right, finance it right, manage it right
We've owned, rented, sold, and managed property in Rhode Island for more than 25 years. Now all of that works for you, and we get paid as your property performs, not when a deal closes.
Talk to us about a property
Buying one, own one, or run an association? Tell us a little and we'll be in touch.
- Locally ownedBased at 380 Broadway in Providence
- Paid on resultsOur fees follow how your property performs
- One team, start to finishUnderwriting, financing, leasing and management
- Always on callSomeone is available 24/7 for repairs and tenant issues
Not a typical brokerage What a broker does, and what we do
A commission at closing pays the same whether the building works for you or not. We set ourselves up the other way around, and it changes the advice you get.
What we do One team for the life of your property
Use us for one piece or all of it. The people who underwrite your building are the people who manage it, so nothing gets lost between the closing and the first rent check.
Underwriting and buyer advisory
The market, the building's systems, the legal units, the real numbers, and a plan for the first year, before you make an offer.
Have us look before you buy it FinancingDebt and partners
How much to borrow and on what terms, the lenders that fit the deal, and equity partners when it needs more cash.
How we finance deals Rental managementHomes and multi-families
Tenants found and screened, rent collected, repairs handled, and a report every month.
Rental property management Associations and commercialCondo boards and commercial owners
Budgets and condo fees, reserves, CAM charges, commercial leasing, and the building itself.
Condo and commercial managementOur work Buildings we've sold and managed
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Commercial
45 Willard Ave
A three-story brick commercial building in Providence, about 20,000 square feet.
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Multifamily · Managed
Ringgold St and Dean St
Four Federal Hill buildings with nine units. We sold them as one package and manage them today.
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Residential · Managed
21 George St
A College Hill house steps from Brown, managed for student renters.
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Managed
225 Weybosset St
Twelve apartments over retail in two converted downtown office buildings.
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Commercial
273-279 Bullocks Point Ave
A multi-tenant retail and office building in East Providence with on-site parking.
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Multifamily
Harrison St
An entire Federal Hill apartment complex, sold as one package.
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Residential · Managed
151 Meeting St
A College Hill house off Thayer Street, leased to Brown and RISD students.
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Managed
Rumford Center
A historic mill in East Providence redeveloped into apartments and commercial space.
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Multifamily
131 and 153 Carpenter St
Two Federal Hill multifamilies, one rebuilt from the inside out before it sold.
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Residential
389 Benefit St
A condo inside an Italianate mansion on historic Benefit Street.
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Managed
62-72 John St
Apartment buildings in Fox Point, a few blocks from India Point Park.
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Commercial
193 Dean St
A Federal Hill mixed-use building with two apartments and a storefront.
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Residential · Managed
93 Power St
A College Hill house between Benefit Street and Hope Street, managed as student housing.
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Managed
15 Peck St
A downtown building in the Customhouse Historic District.
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Multifamily
1574 Cranston St
A Cranston multifamily on a corner lot with parking for five cars, sold over asking.
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Managed
461 Main St
A building on Main Street in downtown East Greenwich.
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Multifamily
26 Hollis St
An eleven-bedroom multifamily in the Armory District.
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Residential
385 Westminster St
A two-bedroom loft condo downtown.
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Multifamily
342 Hawkins St
A four-unit building in the Charles neighborhood.
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Residential
577 Angell St
An English Tudor townhouse condo in Wayland Square.
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Multifamily
156 Parade St
An Armory multifamily marketed to buyers who wanted to live in one unit and rent the rest.
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Multifamily
42 Courtland St
A West End multifamily where we represented both buyer and seller.
Owner tools Run the numbers on your rental
This week's mortgage rates, the benchmarks behind commercial loans, and a quick calculator. Change any figure to match your property.
Mortgage rates this week
National averages for the week of October 15, 2026
- 30-year fixed
- 7.40%
- unchanged from last week
- 15-year fixed
- 6.71%
- down 0.02 from last week
Commercial loan benchmarks
What commercial lenders price from. Your rate is the benchmark plus the lender's margin.
- 5-year Treasury
- 4.89%
- down 0.13 from last week
- Mixed-use and commercial bank loans
- 10-year Treasury
- 5.09%
- down 0.15 from last week
- Apartment building loans, 5+ units
- 30-day SOFR
- 3.87%
- up 0.05 from last week
- Bridge and rehab loans
Mortgage rates: Freddie Mac Primary Mortgage Market Survey, averages for loans on owner-occupied homes. Loans on rental property usually price higher. Treasury yields: U.S. Department of the Treasury, October 16, 2026. SOFR, 30-day average: Federal Reserve Bank of New York, October 16, 2026. None of these figures is an offer to lend. Lenox is not a lender.
The SOFR Averages are subject to the Terms of Use posted at newyorkfed.org. The New York Fed is not responsible for publication of the SOFR Averages by Lenox Management, does not sanction or endorse any particular republication, and has no liability for your use.
Rental cash-flow calculator
Example figures are filled in. Replace them with your own.
Estimated monthly cash flow
$0
- Rent after vacancy
- $0
- Operating costs, with management
- $0
- Mortgage payment
- $0
- Cash flow per year
- $0
- Cap rate
- 0%
- Return on your down payment
- 0%
- Each empty week costs
- $0
Mortgage payment is principal and interest only. An estimate for planning, not financial, tax, or lending advice. See how we fill a vacancy.
Looking at a building to buy? Run it through the offer check, then send it to us before you make an offer.
About Lenox It started with one book and a few multi-families
Lenox came out of years spent owning, renting, and selling property in Providence.
We're a small team of brokers, leasing agents, and maintenance people who live and work in Rhode Island.
Having owned rentals ourselves, we know what an empty month or a late-night repair call costs you.
Away from the office you'll find us coaching Little League and getting to our kids' games.
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1997
Gabe reads Rich Dad Poor Dad and the real estate bug bites. Before long he is buying multi-family houses in Providence while working in web hosting at AT&T.
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2001
The dot-com boom goes bust. Gabe moves to Providence and makes real estate his full-time job.
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2005
Convinced the housing boom will end badly, Gabe sells every property he owns, his own house included, and turns to rentals. He didn't want to sell people homes he thought they would someday lose.
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2006
Gabe and Nicola build Rentprov.com and open their first office on Westminster Street. No one else in Providence was focused on rentals, and the business took off.
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Then
A customer buys the rental office. Gabe and Nicola miss the real estate side, so they open Lenox, first for property management and later for sales and leasing too.
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Today
More than 15 years on, we look after property across Rhode Island and Southeastern Massachusetts. We're still small enough to care and large enough to take on any project.
Where we manage property Local for more than 25 years
We've been working these streets since the late 1990s. We know what a two-family on the East Side should rent for, which contractors show up, and how an eviction really moves through court here. Our office is on Broadway, on Federal Hill, and we look after property across the city and the towns around it.
Providence and nearby
Providence, Cranston, Pawtucket, East Providence, North Providence, Johnston, and Warwick.
East Bay
Barrington, Bristol, and Warren.
Southeastern Massachusetts
Seekonk, Attleboro, and Fall River.
Somewhere else in Rhode Island? Ask us about your property.
FAQ What owners and buyers ask us
Short answers here. For anything about your own property, call 401-572-3322.
How are you different from a real estate broker?
A broker is usually paid a commission when a sale closes and moves on. Most of what we earn comes later, from managing the property and from how it performs, so our advice is built around whether the deal works for you, not whether it closes.
What does it cost?
It depends on the property and what you need from us. Our upfront fees are low, and sometimes there are none. You get the scope and every fee in writing before you sign anything.
What kinds of property do you work with?
Single-family homes and condos, two- and three-family houses, apartment buildings, mixed-use and commercial buildings, and condo associations, from one unit to a whole portfolio.
I live out of state. Can you still help?
Yes. More than half of our management clients live outside Rhode Island. You get a financial report every month and an owner login, and tenants can reach us around the clock.
How long have you been doing this?
We have owned, rented, sold, and managed property in Rhode Island for more than 25 years, and Lenox has managed it for other owners for more than 15. Everyone on the team lives and works here.
How do I get started?
Send the form at the top of this page or call 401-572-3322. Tell us about the property or the one you are looking at, and we will tell you how we would approach it.
Already a Lenox resident?Pay rent or request a repair online.
Resident sign-inContact Call, write, or stop by
We're in the office on weekdays. The form at the top of this page reaches us any time.
- Office
- 380 Broadway
Providence, RI 02909
Get directions - Hours
- Monday to Friday
9am to 5pm - Phone
- 401-572-3322
Fax 888-716-2001 - info@lenoxmanagement.com