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Tucker Development Receives Financing For Residential Subdivisions

February 10, 2016 | Reprints | Unlock Link | Print

Tucker Development Group LLC has received $1 million in financing for the construction of single-family homes in Lisbon and Groton subdivisions.

In Lisbon, five types of single-family homes will be constructed within a new 32-lot residential subdivision known as Barber Farm. In Groton, the homes will be built within Mill Pond Estates, a new 10-lot subdivision near downtown Groton, the Groton Naval Base and Pfizer.

Washington Trust’s Commercial Real Estate Group provided the financing.

“Tucker Development is a strong housing developer and we are very pleased to finance such well located residential projects with them,” Julia Anne M. Slom, senior vice president and team leader of Washington Trust’s Commercial Real Estate Group, said in a statement.