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Rockland Trust has provided over $13 million in financing to MAB Community Services for the purchase of 16 group homes throughout MA.

Rockland Trust Provides $13M to MAB Community Services to Purchase Group Homes

Rockland Trust has provided over $13 million in financing to MAB Community Services for the purchase of 16 group homes throughout MA. The homes have been leased to house individuals MAB has served for as long as 18 years.

MAB has a long-standing commitment of transforming the lives of those with disabilities, and the transaction will enable MAB to control the costs associated with the vital services it delivers to its 80 residents.

“By financing the purchase of these houses, Rockland Trust is allowing MAB to stabilize the housing of more than 80 individuals with intellectual disabilities and brain injuries,” said Barbara Salisbury, CEO at MAB Community Services. “This is about allowing vulnerable people to remain in their homes; it’s more than a real estate transaction.”

“As a community-oriented bank, Rockland Trust is always looking for opportunities to invest in the neighborhoods we serve,” said David Lawson, VP, commercial loan officer at Rockland Trust. “We are honored to partner with MAB, financing this critical transaction which supports their mission and aids their ability to create opportunities for individuals with disabilities throughout our community.”

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MAB Community Services' Salisbury

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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