Business Details
Your Trusted Partner for Real Estate Solutions
At Churchill & Banks, we pride ourselves on assembling a team of highly trained professionals whose expertise spans decades in real estate development, property management, and construction. Our leadership, rooted in four decades of innovation, has driven success through meticulous site acquisition, permitting, and leasing strategies. With a focus on mixed-use developments, office complexes, and residential communities, we leverage creative financing structures to mitigate risks and maximize returns for our partners.Our in-house property management team customizes solutions to enhance tenant satisfaction and property value, while our construction division employs cutting-edge technology to deliver projects on time and within budget. From initial planning to execution, we prioritize transparency, ethical standards, and long-term client relationships, ensuring every project aligns with our legacy of excellence.
Services
Commercial Development
Residential Development
Property Management
Construction Services
Leasing & Sales
Mixed-Use Developments
Office Complexes
Shopping Malls
Pre-Construction Planning
Tenant Relations
Highlights and features
- 45 years of experience in real estate development and management.
- In-house team of experts in construction, leasing, and property management.
- Customized strategies to maximize property value and tenant satisfaction.
- Proven expertise in navigating complex financing and regulatory landscapes.
- Commitment to ethical standards and long-term client partnerships.
Services
Commercial Development
We specialize in large-scale commercial development, including retail centers and office complexes. Our expertise in site acquisition, permitting, and financing ensures projects meet economic and community needs. With decades of experience, we deliver high-value developments that attract quality tenants and enhance local markets.
Property Management
Our property management division oversees diverse portfolios, including residential, commercial, and mixed-use properties. We create customized plans to control costs, improve tenant satisfaction, and maintain long-term asset value. A dedicated in-house team ensures proactive maintenance and operational efficiency for every property.
Construction Services
The construction group delivers projects on aggressive timelines using modern technology and skilled professionals. From pre-construction planning to execution, we focus on budget development, value engineering, and client collaboration. Our experience spans hospitals, supermarkets, and shopping centers, ensuring quality and precision.
Leasing & Sales
Our leasing experts secure high-quality tenants through established relationships and strategic outreach. We craft mutually beneficial agreements and oversee timely move-ins and build-outs. This approach enhances tenant mix and ensures the financial success of retail and commercial properties.
Mixed-Use Developments
We develop mixed-use properties that integrate residential, commercial, and recreational spaces. These projects balance community needs with economic viability, creating vibrant, sustainable environments. Our team handles every phase, from master planning to financing, ensuring cohesive and functional designs.
People
Richard P. Baccari
Chairman
A leading real estate developer in New England with four decades of innovation. He guides the firm's strategic vision and is active in professional and charitable organizations.
Richard P. Baccari II
President and CEO
Responsible for site selection, leasing, and portfolio management. A licensed broker and Bryant University graduate, he was recognized by Providence Business News as a Top 40 Under 40 leader.
Linda C. Martel
Chief Financial Officer
With over 30 years at the company, she oversees accounting, financial planning, and investor reporting. She holds degrees from Bryant University and specializes in development financing.
Bill Herendeen
Vice President, Property Management
Manages property and parking divisions with 30+ years of experience. He oversees high-profile properties and holds affiliations with major industry associations.
Christine Monaghan
Director of Property Management
Focuses on cost-effective management and tenant satisfaction. She develops policies and budgets while ensuring maintenance and security standards across diverse properties.
Questions
What services does Churchill & Banks offer?
We provide real estate development, property management, construction, leasing, and sales services for commercial, residential, and mixed-use properties.
How long has Churchill & Banks been in business?
The firm has operated for over 45 years, evolving from single-family home development to large-scale commercial and retail projects.
What areas do you serve?
We primarily serve the Greater Providence Area, Rhode Island, and Massachusetts.
Can you explain your financing approach?
We use creative structures like joint ventures, mezzanine financing, and 1031 exchanges to meet partner financial goals while mitigating risks.
How do you ensure property value and tenant satisfaction?
Our property management team creates customized plans focusing on cost control, proactive maintenance, and tenant engagement to enhance long-term asset value.
