News: Rhode Island

Washington Trust opens 27th branch located
at Smithfield Crossing, 371 Putnam Pike

Shown (from left) are: Patrick Stewart, Washington Trust VP, branch manager;
Ned Handy, Washington Trust chairman & CEO; Deb Gormley, Washington Trust EVP, chief retail banking officer;
Randy Rossi, town manager; Mary Noons, Washington Trust president & COO;
and Caitlyn Choiniere, town finance director.

Smithfield, RI Washington Trust opened its 27th branch located at Smithfield Crossing, 371 Putnam Pike.

Edward Handy III, Washington Trust chairman and CEO, and Mary Noons, Washington Trust president and COO, as well as other members of the bank’s executive team, were on hand to welcome town manager, Randy Rossi, as the branch’s first official customer.

“We’re thrilled to become part of the Smithfield community,” said Handy. “The Smithfield branch, along with our North Providence, Johnston, and Cumberland offices, provides added convenience for our customers in northern Rhode Island.”

Patrick Stewart serves as vice president and branch manager.

 of the Smithfield branch, which offers a full suite of financial solutions, including deposit services, mortgage and home equity loans, business banking services, and wealth management and trust services. Stewart and his team help customers achieve their financial goals through personal in-branch service and convenient digital banking solutions.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary