Why Global Web3 Projects Can't Afford to Skip South Korea: TokenPost Unveils Data-Driven Entry Solutions 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Kakaku.com Stock Surges on EQT Takeover Interest Amid Rising Japan Deal Activity 
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows 
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs 
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO 
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share 
SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand 
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident 
PLS Reports Record Lithium Output as EV Demand Fuels Market Growth 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast 
Meta Expands AI Training With Employee Activity Tracking Tools 
Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review 
WESTERLY, R.I., March 02, 2016 -- Washington Trust’s Commercial Real Estate Group recently provided financing to Plymouth Downtown BVL Investment Group, LLC and Plymouth Downtown BVL Operating Group, LLC, for the acquisition and capital improvements of a former Radisson Hotel in Plymouth, MA.
Located at 180 Water Street, the 175-room hotel is set directly across from Plymouth Harbor and Plymouth Pier, well located near the seaside community’s various attractions including Plymouth Rock and the Mayflower replica. The hotel will undergo significant improvements planned for the lobby, rooms, meeting spaces and exterior. Formerly the Radisson Plymouth, the space will now be named Hotel 1620 at Plymouth Harbor.
“Linchris is well known for their talent in finding good properties in strong locations, and using their team’s expertise to achieve even stronger results,” said Julia Anne M. Slom, Senior Vice President & Team Leader of Washington Trust’s Commercial Real Estate Group. “We are excited to be a part of this latest endeavor and look forward to seeing its success.”
Plymouth Downtown BVL Investment Group, LLC and Plymouth Downtown BVL Operating Group, LLC, are affiliates of Linchris Hotel Corporation, a full and limited-service hotel management company out of Hanover, MA.
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 Bethany A. Lyons, Vice President, Commercial Real Estate Group, at 401-348-1538 or 800-475-2265 ext. 1538.
ABOUT WASHINGTON TRUST®
Founded in 1800, Washington Trust is the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast’s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ:WASH). Additional information on Washington Trust and its subsidiaries can be found at www.washtrust.com.
MEDIA CONTACT: Tony Nunes Public Relations 401.348.1657 [email protected]
