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Washington Trust Newsroom

Washington Trust Provides $8 Million in Commercial Financing for Acquisition of Class-A Office Complex in Shelton, CT

May 25, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $8 million to Armstrong Shelton Properties, LLC, for the acquisition and tenant improvements of a 151,000 square-foot office complex in Shelton, Connecticut.

Washington Trust Provides $10 Million in Financing for Two Residential Properties in West Haven, CT

May 17, 2016 - Washington Trust's Commercial Real Estate Group recently provided $4.7 million to Forest Hills Place Limited Partnership and $5.3 million to Elm Regency Limited Partnership for the refinancing and capital improvements of two apartment buildings in West Haven, Connecticut.

Washington Trust Provides $12.5 Million in Financing for Off-Campus Student Housing Complex Adjacent to the University of Connecticut

May 11, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $12.5 million to Celeron Square Associates, LLC, for the refinancing of an off-campus student housing complex adjacent to the University of Connecticut in Storrs, Connecticut.

Washington Trust Provides Commercial Financing to Visiting Nurse of HopeHealth, Formerly Visiting Nurse Home Care, in Lincoln, RI

April 29, 2016 - The Washington Trust Company recently provided commercial financing to Visiting Nurse of HopeHealth, formerly Visiting Nurse Home Care, an independent, non-profit, community-based home health care provider located in Lincoln, RI.

Washington Trust Provides $5.8 Million in Financing for Retail Center in Pawtucket, RI

April 27, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $5.8 million to Linear Retail Properties, LLC, for the financing of Blackstone Place, a retail center located at 727 East Avenue in Pawtucket, RI.

Washington Trust Provides Construction Financing for Three-Building Retail Project in Danbury, CT

April 20, 2016 - Washington Trust's Commercial Real Estate Group recently provided financing to SG Newtown Road Partners, LLC, for the construction of a three building, 18-thousand square-foot retail project in Danbury, CT. The three building property, located at 74 Newtown Road, includes two outparcels currently occupied by Texas Roadhouse and Popeye’s restaurants and a 7,650 square-foot in-line space occupied by Aspen Dental, T-Mobile and Doctor’s Express. SG Newtown Road Partners, LLC is a joint venture between The Grossman Companies and Summit Development.

Washington Trust Provides $2.5 Million in Financing for the Expansion and Renovation of the Ronald McDonald House of Providence, RI

April 19, 2016 - The Washington Trust Company recently provided $2.5 Million in commercial financing to the Ronald McDonald House of Providence for the expansion and renovation of its family support facilities.

Washington Trust Provides $3.15 Million in Financing for Multi-Tenant Industrial Portfolio in Stratford, CT

April 7, 2016 - Washington Trust's Commercial Real Estate Group recently provided $3.15 million to the Marsilio Group for the refinancing and tenant improvements of a two-property, multi-tenant industrial portfolio in Stratford, Connecticut.

Washington Trust Provides Commercial Financing for the Acquisition of 175-Room Hotel in Plymouth, MA

March 2, 2016 - Washington Trust’s Commercial Real Estate Group recently provided financing to Plymouth Downtown BVL Investment Group, LLC and Plymouth Downtown BVL Operating Group, LLC, for the acquisition and capital improvements of a former Radisson Hotel in Plymouth, MA.

Washington Trust Provides $2.1 Million in Financing for Residential/Retail Conversion of Historic Building in Providence, RI

February 24, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $2.1 million to HM Ventures Group 7, LLC, to finance the construction and residential/retail conversion of a historic, five-story building in the Downcity section of Providence, RI.

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