• Eastern Bankshares’ Eastern Bank led financing for Wood Partners’ Alta Altitude multifamily development in Warwick, Rhode Island.
• Eastern provided a USD 31 million construction loan for the 214-unit, 100% market-rate apartment project.
• The property opened in the third quarter of 2025.
• The loan marks Eastern’s ninth multifamily construction financing for Wood Partners.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastern Bankshares Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260521525935) on May 21, 2026, and is solely responsible for the information contained therein.