One Citizens Plaza mortgages total $17.2M

THE COMMERCIAL TOWER tower at 1 Citizens Plaza was mortgaged for $17.2 million by a coalition of companies that purchased rights to the leasehold last week for $10. / PBN FILE PHOTO/STEPHANIE EWENS
THE COMMERCIAL TOWER tower at 1 Citizens Plaza was mortgaged for $17.2 million by a coalition of companies that purchased rights to the leasehold last week for $10. / PBN FILE PHOTO/STEPHANIE EWENS
PROVIDENCE – The recent sale by auction of the leasehold for 1 Citizens Plaza has resulted in new mortgages for the property totaling $17.2 million, according to city property records. The building, headquarters for Citizens Financial Group Inc., had been owned by One Citizens Plaza Holdings LLC, which sold the rights to the mortgage to…

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