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- Talking to Children about Money
In many families, talking about money can be uncomfortable, and in some cases, almost taboo. When children request something that costs more than the family is comfortable spending, children of different ages react differently. - Washington Trust Provides $16 Million in Rehab Financing for One Empire Plaza in Providence, RI
<strong>January 27, 2016</strong> - Washington Trust’s Commercial Real Estate Group recently provided $16.147 million to Empire Lasalle, LLC, an affiliate of Berkeley Investments, for the rehab financing of One Empire Plaza, a 104,343 square-foot Class A office building in Providence, RI. - Washington Trust Provides $18.5 Million in Financing for Acquisition of 13-Property Portfolio in Clark, NJ
<strong>February 2, 2016</strong> - Washington Trust’s Commercial Real Estate Group recently provided $15.4 million in financing to Clark Commercial Center, LLC for the acquisition of a 13-property portfolio located in Clark, NJ. An additional $3.15 million in construction financing has also been reserved for capital and tenant improvements to the properties. - Washington Trust Holds Ribbon Cutting for Newest Branch on the East Side of Providence, RI
<strong>February 4, 2016</strong> - Washington Trust, the largest state-chartered bank headquartered in Rhode Island, kicked off the opening of its 21st branch at 229 Waterman Street on the historic East Side of Providence, Rhode Island with a ribbon-cutting on Wednesday, February 3rd. Washington Trust Chairman and CEO Joseph MarcAurele and President and COO Edward “Ned” Handy were joined by Providence Mayor Jorge Elorza, Rhode Island Lt. Governor Daniel McKee and Liz Tanner, VP of Client Services for the Rhode Island Commerce Corporation who was there representing the office of Rhode Island Governor Gina Raimondo. - Washington Trust Provides $1 Million in Construction Financing for Subdivisions in Lisbon & Groton, CT
<strong>February 9, 2016</strong> - Washington Trust’s Commercial Real Estate Group recently provided $1 million to Tucker Development Group, LLC for the construction financing of single-family homes in subdivisions located in Lisbon and Groton, CT. - Washington Trust Provides $2.82 Million in Financing an Existing Rite Aid Pharmacy in Reading, MA
<strong>February 17, 2016</strong> - Washington Trust’s Commercial Real Estate Group recently provided $2.82 million to AKM Corp. for the refinancing of an existing Rite Aid Pharmacy located in Reading, MA. - Washington Trust Provides $2.1 Million in Financing for Residential/Retail Conversion of Historic Building in Providence, RI
<strong>February 24, 2016</strong> - Washington Trust’s Commercial Real Estate Group recently provided $2.1 million to HM Ventures Group 7, LLC, to finance the construction and residential/retail conversion of a historic, five-story building in the Downcity section of Providence, RI. - Washington Trust Provides Commercial Financing for the Acquisition of 175-Room Hotel in Plymouth, MA
<strong>March 2, 2016</strong> - Washington Trust’s Commercial Real Estate Group recently provided financing to Plymouth Downtown BVL Investment Group, LLC and Plymouth Downtown BVL Operating Group, LLC, for the acquisition and capital improvements of a former Radisson Hotel in Plymouth, MA. - Washington Trust Makes Charitable Donations on Behalf of Employees Recognized for Spirit and Community Service
<strong>March 21, 2016</strong>The Washington Trust Company recently recognized three employees for standout performances both on the job and in the community. The Bank awarded each of the three employees with $1,000 to donate to the non-profit(s) of their choice. - Washington Trust Appoints Laura Davis as Senior Vice President of Lending Support Services
<strong>April 5, 2016</strong> - The Washington Trust Company recently announced that Laura L. Davis, of South Kingstown, RI, has been named Senior Vice President, Lending Support Services for the mortgage team in Westerly, RI. In her position, Davis will oversee the operational areas that support the Bank’s mortgage and consumer loan origination efforts.
