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.
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.