WASHINGTON TRUST FINANCES $1.96M CONDOMINIUM DEVELOPMENT IN RHODE ISLAND

NARRAGANSETT, R.I. — Washington Trust’s Commercial Real Estate Group has provided $1.96 million in construction financing to Narragansett Highland Developers LLC for the development of a 16-unit, 8 duplex condominium project situated in a private cul-de-sac on Boston Neck Road in Narragansett. Washington Trust is a subsidiary of Washington Trust Bancorp Inc.