Washington Trust finances $30M for East Providence apartment building

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THE WASHINGTON TRUST CO. recently financed the construction of a 142-unit apartment building in East Providence.
WESTERLY – The Washington Trust Co.’s Commercial Real Estate Group recently provided $30 million in financing to Newport Apartments LLC for the construction of a 142-unit apartment building in East Providence. Located off Route 1A/Newport Avenue in the Rumford section, the apartment development will consist of 47 studio, 43 one-bedroom and 52 two-bedroom units. Amenities…

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