Deluski of BankRI provides $1.5 million commercial mortgage
BankRI provided a $1.5 million commercial mortgage to Lerner Associates LLC a.k.a the Wilkinson Building to refinance the property located at 210 Westminster St.
The property consists of a 5-story building containing 22,575 s/f with 12 upper floor apartments and 2 ground floor commercial units. The building was constructed in the late 1800s and early 1900s and was rehabilitated for residential over commercial use in 2002-2003.
Andrew Deluski, VP senior business lender in the commercial real estate group at BankRI facilitated the transaction.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades