Washington Trust Provides $20 Million to Finance Massachusetts’ Office Park These Specialty REITs Could Dominate in 2012 Commercial properties: Building, corner parcel included in sale of Bella Villa Shops in Fort Myers Office buildings made from storage containers Allstate’s Wilson Says Interest Rates Fuel Energy, Real Estate Investments
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NEWS AND INFORMATION
Washington Trust, the largest bank headquartered in Rhode Island, recently provided $20,000,000 in commercial real estate financing to Highwood Investors, LLC, an affiliate of BPG Properties, Ltd.
Hotel REITs took a hit in 2011, but they're poised to pop in the year to come.
Griffin Bonita Springs Properties purchased the Bella Villa Shops at 8850 Salrose Lane in Fort Myers for $1.7 million from SunTrust Bank.
The face of some new office buildings will be different in many ways. Hugg & Hall Mobile Storage is constructing an office building and workshop out of used commercial storage containers.
Allstate Corp. (ALL) , the largest publicly traded U.S. auto insurer, is investing in energy and real estate as near record-low interest rates squeeze income from bonds, Chairman and Chief Executive Officer Thomas Wilson said.
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