Monday, December 9, 2024
Read the Magazine Subscribe

Massachusetts

Active AdultDevelopmentMassachusettsNews

United Group Breaks Ground on 123-Unit The Arbella at Bramble Hill in Worcester, Massachusetts

by Jeff Shaw

WORCESTER, Mass. — The United Group of Companies has broken ground on The Arbella at Bramble Hill, a 123-unit active adult community in Worcester. “The housing is needed,” says Worcester Mayor Josephy Petty. “It’s one of the big priorities of the state. And all types of housing are needed.” The Arbella at Bramble Hill, which will span 17 acres, will be one of the city’s only active adult communities upon completion. The community will feature one- and two-bedroom apartment units spread across three elevator-serviced buildings. There will also be an …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentFeaturesMassachusettsNewsTechnology

Communication, Cooperation Are Keys to Successful Occupied Renovation Projects

by Jeff Shaw

There are many ways to renovate an existing seniors housing property, but one of the most complicated may be expanding and renovating a community while it’s still occupied. That was the challenge faced by Volunteers of America (VoA) Massachusetts when it wanted to add a third floor to its Concord Park Senior Living community in Concord, Massachusetts, while also renovating all existing units and common areas and completely replacing the heating and cooling system. Representatives from VoA were joined by several project partners on June 4 for a webinar titled …

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentFinanceMassachusettsNews

MassDevelopment Issues $21.8M Bond Financing for Affordable Project in Boston

by Jeff Shaw

BOSTON — MassDevelopment has issued a $21.8 million tax-exempt bond for the construction of a mixed-use building in Boston’s Hyde Park neighborhood that will feature 63 units of affordable seniors housing and ground-floor retail. The borrower is CCC River LLC, an affiliate of B’nai B’rith Housing of New England Inc.  The new building will replace an underutilized commercial space containing an auto repair shop, and will be built to LEED and Passive House standards.  The 63 one-bedroom units will be rented to households earning up to 30 percent, 50 percent …

Continue Reading
0 FacebookTwitterLinkedinEmail
ConnecticutMassachusettsNewsOperationsPeople

LCB Appoints Two New Executive Directors in New England

by Jeff Shaw

SWAMPSCOTT, Mass., and WESTPORT, Conn. — LCB Senior Living has named Andrew Gillis as executive director of The Residence at Vinnin Square, an independent living, assisted living and memory care community in Swampscott, approximately 14 miles northeast of Boston. Gillis brings 30 years of healthcare experience, specifically in skilled nursing, assisted living and hospice, to The Residence at Vinnin Square. He is also licensed both as a nursing home administrator and a clinical social worker.  Previously, Gillis served as the president and chief operating officer for Bluepoint Healthcare. Additionally, his …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsCCRCMassachusettsNews

ESI Arranges Sale of Shrewsbury Campus CCRC in Massachusetts

by Jeff Shaw

SHREWSBURY, Mass. — Evans Senior Investments (ESI) has arranged the sale of the Shrewsbury Campus, a continuing care retirement community (CCRC) in Shrewsbury, a suburb of Worcester.  Shrewsbury Campus was built in phases between 1969 and 1986. The community comprises Southgate at Shrewsbury for private-pay senior living, Shrewsbury Nursing & Rehabilitation for skilled nursing and a group of medical office buildings named Shrewsbury Medical Center. Southgate at Shrewsbury and Shrewsbury Nursing & Rehabilitation offer a combined total of 171 independent living units, 60 assisted living units and 99 skilled nursing …

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentFinanceMassachusettsNews

Nixon Peabody Negotiates Green Retrofit Financing for Bauer House in Quincy, Massachusetts

by Jeff Shaw

QUINCY, Mass. — Nixon Peabody LLP has negotiated a Green & Resilient Retrofit Program (GRRP) transaction for Bauer House, a seniors housing community in the Boston suburb of Quincy. Wollaston Lutheran Church owns the property. The transaction also involved a Rental Assistance Demonstration (RAD) conversion and FHA-insured Section 223(f) loan originated by Hampden Park Capital and made by Lument Real Estate Capital. Bauer House, a subsidized residence for independent seniors, will use the GRRP funds and FHA-insured loan proceeds to finance a new energy-efficient HVAC system and to make accessibility …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentMassachusettsNews

Wingate Living to Develop 69-Unit Project in Needham, Massachusetts

by Jeff Shaw

NEEDHAM, Mass. — Regional owner-operator Wingate Living has announced plans to develop a 69-unit seniors housing project in Needham, a western suburb of Boston.  One Wingate Way East will offer one- and two-bedroom units with more than a dozen different floor plans.  Construction is expected to begin before the end of the year. The type of care was not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
MassachusettsNewsPeople

LCB Names Eileen Mahoney as Executive Director of The Residence at Boylston Place in Chestnut Hill, Massachusetts

by Jeff Shaw

CHESTNUT HILL, Mass. — LCB Senior Living has named Eileen Mahoney as the new executive director of The Residence at Boylston Place, an assisted living, independent living and memory care community in the Boston suburb of Chestnut Hill. With nearly 20 years of experience in senior living, Mahoney previously worked at The Current Weymouth, a Monarch Communities assisted living residence. She received her education in Business Management from Bunker Hill Community College and Northeastern University. She has also served as regional vice president for The Regus Group, formerly known as …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts