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WALPOLE, Mass. — Washington Trust’s Commercial Banking Group has provided $30 million to refinance New Pond Village in Walpole, approximately 20 miles southwest of downtown Boston.
The borrower is Benchmark Senior Living, which completed an $8 million renovation at the property last year that added a memory care neighborhood.
The community offers 167 independent living units and 17 assisted living units on a 19.4-acre plot.