Conveniently Located to Greater New York City Area
Aug. 3, 2010 (Business Wire) -- Washington Trust’s Commercial Real Estate Group recently provided $4,950,000 to 426 Main Avenue Associates, LLC, for the refinancing of the Four Points by Sheraton located in Norwalk, Connecticut. The 70,209 square foot hotel contains 127 guest rooms, meeting space, fitness center, and a newly renovated restaurant and lounge.
"The property is located in the heart of Norwalk’s corporate financial district with easy access to the Merritt Parkway, Interstate 95, and Metro North rail service, making it a convenient lodging choice for the greater New York City area." said Joseph J. MarcAurele, Washington Trust Chairman, President, and Chief Executive Officer.
Washington Trust's Commercial Real Estate Group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate projects. Financing ranges in size from several hundred thousand dollars up to multi-million dollar projects. For more information, contact Suzanne Walsh Erno, Vice President, Commercial Real Estate Group, toll-free at 800-475-2265 x1492 or directly at 401-348-1492.
Founded in 1800, Washington Trust is one of New England’s premier financial services companies, providing commercial banking, personal banking, mortgage banking, and wealth management services to individuals and institutions throughout the region. Our Commercial Banking Group offers a full line of commercial and industrial lending, commercial real estate, and cash management services to borrowers throughout the Northeast. Our team of experienced professionals are dedicated to providing customized, comprehensive financing and personalized services. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ Global Select, symbol: WASH).
