Providence, RI Alex Hurwitz, vice president of Larew Doyle & Associates, arranged $18 million in financing on Rising Sun Mill, a mixed-use office/residential riverfront property located at 166 Valley St. in the Olneyville section. This 15 acre campus abuts the Woonasquatucket River and is within close proximity to Providence’s West Side, the CBD, and Federal Hill, in addition to major transportation Rtes. 6/10, Interstates 95 and 195.
Rising Sun Mill features 135 urban-style loft apartments and 130,000 s/f of open floor office space. Common amenities include a 24-hour fitness center, yoga studio, 2,800 s/f café, multiple lounges and several on-site picnic areas.
The lender was a New York City-based financial institution.