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Stock impact report

Washington Trust Provides $28 Million in Commercial Financing for the Trademark Fairfield Multi-Family Residential Property in Fairfield, CT

Washington Trust Bancorp, Inc. (WASH) 
Last washington trust bancorp, inc. earnings: 4/27 08:00 am Check Earnings Report
Company Research Source: GlobeNewswire
FAIRFIELD, Conn., March 29, 2019 (GLOBE NEWSWIRE) -- Washington Trust’s Commercial Real Estate Group recently provided $28 million to BRCD Holdings, LLC, for the refinancing of the Trademark Fairfield, a Class-A, multi-family residential property in Fairfield, Connecticut. Opened in 2017, Trademark Fairfield is a 101-unit luxury, mid-rise apartment complex featuring several amenities including a resort style swimming pool with cabanas; a fitness center; urban garden; bocce court; outdoor fire pits; covered parking; and a community room with a bar, pool table, and flat screen televisions. Located along Commerce Drive (US Rte. 1) in Fairfield, the complex sits just east of the downtown and within walking distance of the Fairfield MetroCenter train station. In addition to its residential space, the property also includes 13,860 square-feet of street level retail space. “Washington Trust did a fantastic job meeting our needs,” said W. Mark Keeney of Abbey Road Advisors. “Their approva Show less Read more
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