Rockland Trust Bank Provides $27.6M Construction Loan For Mixed-use Property In Scituate, MA

The mixed-use property located at 100-108 Old Driftway & 318 New Driftway in Scituate, MA has been involved in a closed transaction. The property spans a total area of 109,842 square feet and consists of 78 units. The deal was facilitated by John P. Drew from the Drew Company and John Davison from Rockland Trust Bank.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $27,600,000
• Address: 100-108 Old Driftway & 318 New Driftway, Scituate, MA
• Market: Scituate, MA
• Square Footage: 109,842
• Units: 78

The lender in this transaction was Rockland Trust Bank, represented by John Davison. The loan amount provided was $27,600,000, and it was of a construction type. The landlord of the property is the Drew Company, represented by John P. Drew.