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BankRI closes on $7.1M loan to finance renovations to Atlantic Inn

PROVIDENCE – Bank Rhode Island will provide the financing for several planned renovations to the Atlantic Inn on Block Island ahead of the 2024...

BankRI finances largest oceanfront hotel on Martha’s Vineyard

PROVIDENCE – Bank Rhode Island recently finalized a $12.5 million loan to refinance the Summercamp Hotel on Martha’s Vineyard. Formerly the Wesley Hotel, Summercamp is...

BankRI provides $2M to finance Park Terrace acquisition

PROVIDENCE – Bank Rhode Island has finalized a loan of more than $2.2 million to provide financing for a firm to acquire the 83-unit...
BANK RHODE ISLAND has provided $8.2 million in financing for the Eagle Apartment complex in Lincoln. / COURTESY BANK RHODE ISLAND

Bank Rhode Island provides $8.2M for Lincoln apartment complex

LINCOLN – Bank Rhode Island last week provided $8.2 million in financing for the Eagle Apartment complex in Lincoln. The refinancing package was made with...
BANK RHODE ISLAND MADE a $3.4 million loan to help turn this building, at 259 Weybosset St., in downtown Providence, into six residential apartment units. /COURTESY BANK RHODE ISLAND

BankRI helps finance downtown apartment project with $3M loan

PROVIDENCE – Bank Rhode Island made a $3.4 million loan to help turn a downtown Providence building into apartments. The loan, made with Weybosset LLC,...
BANK RHODE ISLAND this month provided a $1.3 million mortgage to help fund the acquisition of an apartment building on the East Side of Providence at 132 Elton St. /COURTESY BANK RHODE ISLAND

BankRI provides $1.3M mortgage to help finance apartment building acquisition

PROVIDENCE – Bank Rhode Island this month provided a $1.3 million mortgage to help fund the acquisition of an apartment building on the East...
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