Washington Trust provides $3.7 million financing

The Washington Trust Company's Commercial Real Estate Group is providing $3.7 million in financing to Great Brook Partner, LLC for the acquisition of 125 acres of land, road development and infrastructure development for a 51-lot residential subdivision to be known as Great Brook located off Gales Ferry Rd. and Daboll Rd. Great Brook Partner, LLC members include Thomas Santilli, Peter Santilli and Douglas DeSimone, and was created for the sole purpose of developing the 51-lot residential subdivision. "Washington Trust is happy to provide financing for the Great Brook project which will bring affordable housing to a great location in Groton," said John Warren, chairman and CEO of The Washington Trust Company.