Drew Company Receives $27.6 Million In Financing From Rockland Trust For Skysail At Driftway, A New Residential Project In Scituate, Ma
Drew Company Receives $27.6 Million In Financing From Rockland Trust For Skysail At Driftway, A New Residential Project In Scituate, Ma
12/09/21, 8:00 AM
Money raised
$27.6 million
The Drew Company - a Boston-based, privately held, real estate development and management company – recently closed with Rockland Trust Bank on a $27.6 million construction loan for the residential real estate project, SkySail at Driftway. SkySail at Driftway is a 109,842 gross square foot luxury mixed-use development located at 100-108 Old Driftway and 318 New Driftway in Scituate, Massachusetts. The project consists of six buildings with 78 rental units including twelve income-restricted units, 8,914 square feet of retail and commercial space, and 160 parking spaces. The development is conveniently located adjacent to the MBTA Greenbush Commuter Rail Line and just minutes from Scituate Harbor.
Company Info
Additional Info
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. Learn more at drewcompany.com.