WATCH: We Toured Massachusetts’ Largest Office-Resi Conversion
The developer Synergy is converting Worcester’s Chestnut Place office tower to 198 highly amenitized apartments.
Personnel File – No. 419
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
$35M Construction Loan Kickstarts Three-Building Worcester Project
A senior living developer is beginning construction of a 123-unit project in Worcester after receiving $35 million in construction financing from Washington Trust.
After Redlining Allegations, Washington Trust Agrees to Diversify Leadership
After being agreeing to settle federal redlining charges for $9 million, Rhode Island-based Washington Trust said it will diversify its executive team and board of directors in an agreement with state officials there.
Rockland Trust Bucks Tough Wealth Management Market
The Hanover-based bank managed a second straight year of record new wealth management business while its major competitors suffered double-digit losses in 2022. And executives think they’re just scratching the surface of what’s possible.
Personnel File
It’s been a big week for promotions and appointments in banking, real estate and construction firms.
Washington Trust Crosses $4B Mark In Q3
Westerly, Rhode Island-based Washington Trust Bancorp increased its net income 20 percent year-over-year in the third quarter and boosted its assets above $4 billion for the very first time.
RI Realty Company Purchases Leominster Retail Property
H&A Kaufman Realty LLC recently acquired a retail property in Leominster with $1.075 million in financing from Washington Trust’s commercial real estate group.
Washington Trust Moves Into Wellesley With Mortgage Production Office
Washington Trust recently opened a mortgage production office in Wellesley, the Westerly, Rhode Island-based bank said this week.
Washington Trust Provides Funding For Hotel Acquisition, Renovations
Washington Trust recently provided financing to a...Washington Trust Refinances Reading Rite Aid
A New York-based real estate investment company...Washington Trust Finances $20M Shopping Center
Washington Trust recently financed a...Washington Trust To Acquire New Haven RIA Firm
Rhode Island-based Washington Trust Bancorp will...
