Washington Trust Welcomes JP Aldi for Commercial Real Estate

0:00It's March 26. Welcome in. This is Hartford News today, where local news meets AI. I'm Cory with the story. Washington Trust Company just brought on John Paul Aldi, known as J.P., as Vice President of Commercial Real Estate in its New Haven office. He'll handle originating and structuring loans for commercial properties and construction projects across various asset types. Aldi brings more than a decade of experience in commercial real estate lending and underwriting. His most recent role was as Vice President and Loan Officer at Liberty Bank. Before that, he worked in commercial real estate brokerage and multi-family mortgage underwriting. He earned a Masses degree in real estate finance and investment from New York University and a bachelor's from Middlebury College. The bank, based in Western Rhode Island, manages $6.6 billion in assets and offers commercial banking, mortgages, retail services, and wealth management. It has offices across Rhode Island, Connecticut, and Massachusetts, including a full branch

1:02in Mystic Connecticut and lending operations right there in New Haven. With $101.1 million in Connecticut deposits as of June 30, this hire bolsters Washington Trust's push into the region's growing commercial market.