Rockland Trust Provides $44M Construction Loan For Mixed-Use Property In Danvers, MA

1 Sylvan Street in Danvers, MA has been the site of a recent closed property transaction. The property, a mixed-use asset, was involved in a loan deal facilitated by Rockland Trust. The loan, amounting to $44,000,000, was classified as a construction loan.

Summary of Transaction Details:

• Property Type: Mixed-Use
• Transaction Amount: $44,000,000
• Address: 1 Sylvan Street, Danvers, MA
• Market: Danvers, MA
• Lender: Rockland Trust
• Landlord: AAM Danvers Residences, LLC - David R. Masse

The key individuals involved in this transaction include David R. Masse, who is associated with both the lending institution, Rockland Trust, and the landlord, AAM Danvers Residences, LLC. David R. Masse's role in this deal indicates his representation of the landlord's interests.