{"id":1004130678,"date":"2015-11-04T03:45:40","date_gmt":"2015-11-04T11:45:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004130678"},"modified":"2025-02-19T02:53:50","modified_gmt":"2025-02-19T10:53:50","slug":"rhode-island-mixed-use-gets-25m-refi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rhode-island-mixed-use-gets-25m-refi\/","title":{"rendered":"Rhode Island Mixed-Use Gets $25M Refi"},"content":{"rendered":"

By Adriana Pop, Associate Editor <\/em><\/p>\n

Washington Trust\u2019s Commercial Real Estate Group<\/a> has provided $25 million to SCC Investments LLC, SCC Investments II LLC and Green Tree Realty LLC, for the refinancing of the Village at South County Commons<\/a>, a 17-building mixed-use center located in South Kingstown, R.I.<\/p>\n

\"Village<\/a>

Village at South County Commons in South Kingstown, R.I.<\/p><\/div>\n

Open since 2003, South County Commons is considered one of southern Rhode Island\u2019s premiere destinations for shopping, dining, professional services, entertainment and living. The center covers 30 acres and offers a total of 200,000 square feet of space. More than 70 tenants are currently among the property\u2019s tenants, occupying retail, restaurant, professional office and medical space. South County Commons also features a Hampton Inn, luxury apartments, condominiums, independent and assisted living facilities, an eight-screen cinema, spa, and fitness center.<\/p>\n

\u201cOur clients have developed a real destination providing the only true lifestyle center in Southern Rhode Island,\u201d Julia Anne Slom, senior vice president & team leader of Washington Trust\u2019s Commercial Real Estate Group, said in prepared remarks. \u201cWith its excellent positioning and leisure amenities, the Commons has much to offer both its office and retail clients as well as the surrounding South County communities.\u201d<\/p>\n

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.<\/p>\n

Founded in 1800, Washington Trust<\/a> is the oldest community bank in the nation and one of the Northeast\u2019s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking<\/a>, mortgage banking<\/a>, personal banking<\/a> and wealth management and trust services<\/a> through its offices located in Rhode Island, Connecticut and Massachusetts.<\/p>\n

Image courtesy of Washington Trust<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Washington Trust has provided a $25 million loan for the refinancing of a major retail, residential and hotel center located in South Kingstown, RI.<\/p>\n","protected":false},"author":260,"featured_media":1004130679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21752,21742],"tags":[],"class_list":["post-1004130678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-mixed-use","category-latest"],"acf":[],"yoast_head":"\nRhode Island Mixed-Use Gets $25M Refi - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/rhode-island-mixed-use-gets-25m-refi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rhode Island Mixed-Use Gets $25M Refi\" \/>\n<meta property=\"og:description\" content=\"Washington Trust has provided a $25 million loan for the refinancing of a major retail, residential and hotel center located in South Kingstown, RI.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rhode-island-mixed-use-gets-25m-refi\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-04T11:45:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T10:53:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Village-at-South-County-Commons-in-South-Kingstown-R.I..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"432\" \/>\n\t<meta property=\"og:image:height\" content=\"227\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rhode-island-mixed-use-gets-25m-refi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rhode-island-mixed-use-gets-25m-refi\\\/\"},\"author\":{\"name\":\"Adriana Pop\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"headline\":\"Rhode Island Mixed-Use Gets $25M Refi\",\"datePublished\":\"2015-11-04T11:45:40+00:00\",\"dateModified\":\"2025-02-19T10:53:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rhode-island-mixed-use-gets-25m-refi\\\/\"},\"wordCount\":309,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rhode-island-mixed-use-gets-25m-refi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/11\\\/Village-at-South-County-Commons-in-South-Kingstown-R.I..jpg\",\"articleSection\":[\"Deals\",\"Mixed Use\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rhode-island-mixed-use-gets-25m-refi\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rhode-island-mixed-use-gets-25m-refi\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/rhode-island-mixed-use-gets-25m-refi\\\/\",\"name\":\"Rhode Island Mixed-Use Gets $25M Refi - 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