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Washington Trust Newsroom

Washington Trust Provides $7.4 Million in Financing for Waterchase Shopping Center in Rocky Hill, CT

February 21, 2018 – Washington Trust’s Commercial Real Estate Group recently provided $7.4 million in financing to Woodgreen Rocky Hill, LLC, for the refinancing of a mixed-use property known as Waterchase Center in Rocky Hill, Connecticut.

Washington Trust Provides $19.1 Million in Commercial Financing for 50-Unit Memory Care Facility in Newton, MA

February 16, 2018 – The Washington Trust Company recently provided $19.1 million in commercial financing to BSL Newton Development, LLC, and BSL Newton OpCo, LLC, for the construction of a 50-unit memory care facility in Newton, Massachusetts.

Washington Trust Provides $16.5 Million in Financing for SoNo Pearl Luxury Apartment Building in Norwalk, CT

December 13, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $16.5 million to TR Washington, LLC, for the refinancing of a luxury multifamily apartment building in Norwalk, Connecticut.

Washington Trust Provides $9.8 Million in Financing for Retail Portfolio in New Haven, CT

December 7, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $9.8 million in financing to Route 34 Phase I, LLC, for the refinancing of a recently constructed Rite Aid Pharmacy and the completion of a 10,000 square-foot retail building in downtown New Haven, Connecticut.
Washington Trust Provides $23.6 Million in Financing for  Mixed-Use Redevelopment of Pontiac Mill in Warwick, RI

Washington Trust Provides $23.6 Million in Financing for Mixed-Use Redevelopment of Pontiac Mill in Warwick, RI

November 30, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $23.626 million in financing to Union Mill, LLC, for the mixed-use redevelopment of Pontiac Mill in Warwick, Rhode Island.

Washington Trust Provides $1.9 Million in Financing for Construction of a Family Dollar Store in Providence, RI

August 10, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $1.9 million to Capstone Properties/RPS Associates, LLC, for the construction and financing of a Family Dollar retail store in Providence, Rhode Island.

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.

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