News:
Brokerage
Posted: March 24, 2011
Washington Trust provides $6.85 million refinancing to CT Properties, LLC
Washington Trust's Commercial Real Estate Group recently provided $6.85 million to CT Properties, LLC, for the refinancing of the Colony Shopping Plaza on North Colony Rd. The 97,202 s/f shopping center is anchored by national retailers Staples and the Dollar Tree, as well as several other local businesses.
"The new façade and site improvements make this shopping center an attractive space to retailers looking to locate to the area," said Joseph MarcAurele, Washington Trust chairman, president, and chief executive officer.
Washington Trust's Commercial Real Estate Group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate projects. Financing ranges in size from several hundred thousand dollars up to multi-million dollar projects.
MORE FROM Brokerage
Arnold of Mott & Chace Sotheby’s International Realty sells 17 Ferolbink Way for $4.5 million
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
