Washington Trust finances $1.5 million apartment complex
Washington Trust's commercial real estate group provided $1.548 million in commercial mortgage financing to George C. Field. Co. for improvements on a 31-unit apartment complex located on a 5.6 acre parcel at 1 Cohasset Ln.
The financing package includes both a revolving line of credit to fund the construction project and capital improvements for renovations for the complex.
Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.