News & Resources

Company News Room

rss

News

Washington Trust Newsroom

Washington Trust Provides $2.82 Million in Financing an Existing Rite Aid Pharmacy in Reading, MA

February 17, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $2.82 million to AKM Corp. for the refinancing of an existing Rite Aid Pharmacy located in Reading, MA.

Washington Trust Provides Commercial Financing to Strategic Marketing & Promotions in Pearl River, NY

February 10, 2016 - The Washington Trust Company recently provided commercial financing to Strategic Marketing & Promotions, Inc., a full service marketing company headquartered in Pearl River, NY.

Washington Trust Provides $1 Million in Construction Financing for Subdivisions in Lisbon & Groton, CT

February 9, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $1 million to Tucker Development Group, LLC for the construction financing of single-family homes in subdivisions located in Lisbon and Groton, CT.

Washington Trust Provides $18.5 Million in Financing for Acquisition of 13-Property Portfolio in Clark, NJ

February 2, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $15.4 million in financing to Clark Commercial Center, LLC for the acquisition of a 13-property portfolio located in Clark, NJ. An additional $3.15 million in construction financing has also been reserved for capital and tenant improvements to the properties.

Washington Trust Provides $16 Million in Rehab Financing for One Empire Plaza in Providence, RI

January 27, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $16.147 million to Empire Lasalle, LLC, an affiliate of Berkeley Investments, for the rehab financing of One Empire Plaza, a 104,343 square-foot Class A office building in Providence, RI.

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