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Washington Trust Newsroom

Washington Trust Provides $14 Million in Financing for Redevelopment of Shopping Center in Bensalem, PA

August 2, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $14 million to Bensalem MZL, LLC, for the refinancing and redevelopment of a 101,000 square foot retail center in Bensalem, Pennsylvania.

Washington Trust Provides $1.1 Million in Financing for Construction of Condominium Units in Waterford, CT

July 26, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $1.1 million to Thames Development Associates, LLC, for the construction of seven condominium units at Thames Landings in Waterford, Connecticut.

Washington Trust Provides $8.6 Million in Financing for Construction of 52-Unit Rental Community in Essex, CT

May 26, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $8.6 million in financing to 21 Plains, LLC, 27 Plains, LLC and 29 Plains, LLC, for the construction of Essex Station Apartments, a 3-building, 52-unit luxury rental community with a moderate income component in Essex, Connecticut.

Washington Trust Provides Commercial Financing to IYRS School of Technology & Trades in Newport, RI

May 4, 2017 - The Washington Trust Company recently provided commercial financing to the IYRS School of Technology & Trades, a Newport based experiential learning institution.

Washington Trust Provides $3 Million in Financing for 66-Unit Apartment Building in Middletown, CT

April 27, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $3 million to Woodrow Wilson Middletown, LLC, for the refinancing of Woodrow Wilson Apartments, a 4-story, 66-unit apartment building in Middletown, Connecticut.

Washington Trust Provides $15.6 Million in Financing for 5-Story, Class-A Office Building in Shelton, CT

March 22, 2017 – Washington Trust’s Commercial Real Estate Group recently provided $15.6 million in financing to 4 Research Properties, LLC, for the financing of Reservoir Corporate Center, a five-story, 158,000 square-foot, Class-A professional office building located at 4 Research Drive in Shelton, Connecticut.

Washington Trust Provides $15.5 Million in Financing for Mayfield Place Apartment Project in Enfield, CT

March 2, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $15.5 million in financing to Mayfield Place, LLC, for the phase-two construction of 120 class-A apartments at Mayfield Place, a 340-unit apartment project located in Enfield, Connecticut.

Washington Trust Provides Commercial Financing for the Development of a Two-Parcel Property in Dedham, MA

January 26, 2017 - Washington Trust’s Commercial Real Estate Group recently provided commercial financing to Dedham Retail Realty Ventures for the development of a two-parcel property directly across from Legacy Place, a 600,000 square-foot open air shopping, dining and entertainment destination in Dedham, MA.

Washington Trust Provides $33.5 Million in Financing for Five Building Retail Property in North Haven, CT

January 4, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $33.5 million for the refinancing of North Haven Commons, a five building, multi-tenant retail property in North Haven, Connecticut.

Washington Trust Provides Commercial Financing to Rhode Island Based IT Consulting Firm; Vertikal6

December 1, 2016 - The Washington Trust Company recently provided commercial financing to Vertikal6, a full service IT consultant located in Warwick, Rhode Island. Vertikal6 provides IT outsourcing, professional services and software development to the Greater New England area, and was designated one of Rhode Island’s fastest growing and most innovative companies by Providence Business News in 2014 and one of the state’s best places to work by Providence Business News in 2016.

Media Inquiries Contact
Elizabeth B. Eckel, SVP Marketing
23 Broad Street
Westerly, RI 02891
(401) 348-1309