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Washington Trust Newsroom

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 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 $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 $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 $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 Collects 4.75 Tons of Peanut Butter for 16th Annual Peanut Butter Drive Benefitting Area Food Pantries

May 24, 2016 - The Washington Trust Company collected approximately 9,500 pounds, or more than 4.75 tons of peanut butter during the sixteenth annual Washington Trust Peanut Butter Drive to benefit the Rhode Island Community Food Bank and 15 local food pantries across Rhode Island and Southeastern Connecticut. Washington Trust has collected more than 120 tons of peanut butter since launching the drive in 2001.

Washington Trust Hires Sean Fleming as Mortgage Loan Officer

April 6, 2016 - The Washington Trust Company announced that Sean P. Fleming, of Cumberland, RI, has been hired as a Mortgage Loan Officer for the Washington Trust Mortgage Company in the Newton/Wellesley area of Massachusetts.

Washington Trust Named to KBW "Bank Honor Roll" for Fifth Consecutive Year

April 15, 2016 - For the fifth consecutive year, Keefe, Bruyette & Woods, Inc. (KBW) has named Washington Trust Bancorp, Inc. (NASDAQ OMX®: WASH) to its “2015 Bank Honor Roll” of superior performers. Selected from a list of nearly 400 companies listed on the NYSE and Nasdaq exchanges, Washington Trust is one of only 18 companies nationwide to be chosen for the Honor Roll; it is also the only Rhode Island bank, and one of only three financial service companies in New England to be selected.

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