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Drew Company Receives $27.6 Million in Financing from Rockland Trust for SkySail at Driftway, a New Residential Project in Scituate, MA

SkySailRendering

About Drew Company

For 35 years, Drew Company has been boldly transforming properties, neighborhoods and the cities in which it operates with a diverse portfolio of visionary commercial, residential and mixed-use real estate projects. Headquartered in Boston, MA, Drew Company is a privately held, real estate development, management and consulting firm which oversees a broad range of ventures spanning real estate, hospitality, technology and entrepreneurial investment. Perhaps best known for its effective and collaborative approach in managing complex public-private partnerships, Drew Company has developed and operates hospitality venues, convention and exhibition centers, luxury high-rise residential properties, entertainment facilities and global trade centers worldwide. Drew Company has been involved in the development of over ten million square feet of commercial space since 1982.

 

About Rockland Trust’s Commercial Banking Group

Rockland Trust's Commercial Banking Group has more than 80 commercial lenders and 20 lending centers throughout Massachusetts and Rhode Island. With a lending capacity of up to $75 million, the Commercial Banking Team has broad experience in asset-based lending, dealer financial services, commercial real estate, construction and land development, equipment financing, commercial mortgages, and low-income housing loans. Also, the team can meet all the financial needs of its customers with additional services such as business deposit products, merchant and foreign exchange services, and cash management services.


About INDB and Rockland Trust

Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust was named to The Boston Globe's "Top Places to Work" 2021 list, an honor earned for the 13th consecutive year. In 2021, Rockland Trust was ranked the #1 Bank in Massachusetts according to Forbes World's Best Banks list for the second year in a row. Rockland Trust has a longstanding commitment to equity and inclusion. This commitment is underscored by initiatives such as Diversity and Inclusion leadership training, a colleague Allyship mentoring program, and numerous Employee Resource Groups focused on providing colleague support and education, reinforcing a culture of mutual respect and advancing professional development, and Rockland Trust's sponsorship of diverse community organizations through charitable giving and employee-based volunteerism. In addition, Rockland Trust is deeply committed to the communities it serves, as reflected in the overall "Outstanding" rating in its most recent Community Reinvestment Act performance evaluation. Rockland Trust offers a wide range of banking, investment, and insurance services. The Bank serves businesses and individuals through over 120 retail branches, commercial and residential lending centers, and investment management offices in eastern Massachusetts, including Greater Boston, the South Shore, Cape Cod and Islands, Worcester County, and Rhode Island. Rockland Trust also offers a full suite of mobile, online, and telephone banking services. Rockland Trust is an FDIC member and an Equal Housing Lender. To find out why Rockland Trust is the bank "Where Each Relationship Matters®," please visit RocklandTrust.com.


Media Contacts:
The Drew Company
Rie Sugihara media@drewcompany.com
617-385-5055
Rockland Trust
Emily McDonald Emily.McDonald@RocklandTrust.com
781-982-6650