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

By Public Technologies
  • 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.


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