News: Connecticut

Washington Trust provides $3.9 million in financing to Taymil Ivy Manor, LLC

Washington Trust's commercial real estate group provided $3.9 million in financing to Taymil Ivy Manor, LLC, for refinancing and capital improvements to Manchester Green Apartment Homes totaling 72 units. "The fact that this apartment complex is located in a bedroom community-type neighborhood, yet convenient to several major interstates, makes it attractive to residents commuting to the city of Hartford," said Joseph MarcAurele, Washington Trust chairman, president and CEO.
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Highcap Group brokers $41.1 million sale of two building multifamily portfolio

Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million.

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