News: Connecticut
Posted: January 17, 2013
Washington Trust finances $1.5 million apartment complex
Washington Trust's commercial real estate group provided $1.548 million in commercial mortgage financing to George C. Field. Co. for improvements on a 31-unit apartment complex located on a 5.6 acre parcel at 1 Cohasset Ln.
The financing package includes both a revolving line of credit to fund the construction project and capital improvements for renovations for the complex.
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