Washington Trust Provides $13.5 Million in Financing for the Hampton Inn Long Island/Commack in Commack, NY
Washington Trust Bancorp, Inc. (WASH)
Last washington trust bancorp, inc. earnings: 4/27 08:00 am
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Source: GlobeNewswire
COMMACK, N.Y., April 17, 2019 (GLOBE NEWSWIRE) -- Washington Trust’s Commercial Real Estate Group recently provided $13.5 million to Commack CHI, LLC, for the refinancing and property improvements of a 143-room Hampton Inn located in Commack, New York. Commonly known as the Hampton Inn Long Island/Commack, the 5-story, 143-room hotel was built in 1988 and is located within easy access off of the Long Island Expressway and in close proximity to the Happaug Industrial Park - one of the largest industrial parks in the Northeast. The property features an indoor swimming pool, fitness facility, breakfast area, business center, and meeting space. Property improvements will consist of lobby and room renovations including new furnishings, updated technology, and an expanded exercise room. “Chartwell has been a long-standing, valued client of Washington Trust and we are excited to expand our relationship by providing refinancing for this high performing and strategically placed hotel,” sai
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News
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WASH
Earnings
- 4/22/24 - Beat
WASH
Sec Filings
- 5/7/24 - Form 10-Q
- 5/6/24 - Form 4
- 5/2/24 - Form 144
- WASH's page on the SEC website