Article: United States: Picerne to spend $26M to upgrade rentals.

Byline: babalu03

Ron Serpa, on-site manager for Picerne Real Estate Group property, reaches over and picks up a cup of coffee from the granite counter top. It s affixed to the saucer and the accompanying spoon doesn t move. He turns it over, nothing spills. It s all plastic, a part of the stage set.

But there s nothing fake about the counter top, the tile flooring or the fire detection and alarm devices throughout the unit.

Those improvements are part of a three-year $26 million renovation/re-development campaign being undertaken by Picerne at 38 properties with more than 4,400 dwelling units in Rhode Island. Almost half of those units are ...

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