Rockland Trust finances Pennrose Lenox housing project with $22 million package

Bitget2026/09/29 12:04

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Rockland Trust, a unit of Independent Bank Corp., arranged a USD 22 million financing package for Pennrose’s 68-unit mixed-income project in Lenox, Massachusetts.
Development at 238 Pittsfield Road targets 57 affordable and workforce apartments, with 11 market-rate units.
Construction is underway, with initial resident move-ins expected in 2028.

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. Independent Bank Corp. published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rockland Trust finances Pennrose Lenox housing project with $22 million package

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