SOUTH DENNIS, Mass. — Blueprint Healthcare Real Estate Advisors has arranged the sale of a 128-bed skilled nursing facility in the Cape Cod town of South Dennis. Through a bifurcated process between Blueprint’s seniors housing group and behavioral healthcare group, the broker approached a targeted variety of skilled nursing investors and alternative use investors. Housing Assistance Corp. Cape Cod acquired the asset and embarked on a capital expenditure plan to revitalize the asset and will ultimately convert the community into housing. The seller and price were not disclosed. The Blueprint …
BEDFORD and HINGHAM, Mass. — LCB Senior Living has named executive directors at The Residence at Bedford in Bedford and The Residence at Penniman Hill in Hingham. Both properties offer assisted living and memory care. Arzu LeBlanc is the new executive director at The Residence at Bedford. LeBlanc has nearly a decade’s worth of experience in the senior living industry, having previously served as an executive director for EPOCH Senior Living and Benchmark Senior Living, where she was named the company’s Executive Director of the Year in 2017. Lea Goddard …
BOSTON — MassHousing, working with Rogerson Communities, has provided $14.5 million in affordable housing financing to Charles H. Farnsworth Senior Housing Corp., owner and developer of the 76-unit Farnsworth House for older adults in Boston. The funds will be used for the refinancing and renovation of the property, as well as the extension of resident affordability for at least 24 years. Located in the city’s Jamaica Plain neighborhood, Farnsworth House is a seven-story brick building built in 1982 under the federal Section 202 Program. Among the improvements planned for the …
NATICK and MILLIS, Mass. — Anthology Senior Living has opened Anthology of Natick and Anthology of Millis, both located in western suburbs of Boston. Anthology of Natick is situated within a mile of the Natick Center, offering art, culture, dining and shopping for residents. The property is also next door to the Natick Community Senior Center. Anthology of Millis is located near neighboring downtown Medfield and the Charles River, providing easy access to both nature and cultural amenities. Located just outside the city center on 5.5 acres, Anthology of Natick …
WALTHAM, Mass. — 2Life Communities has broken ground on Leland House, a 68-unit affordable seniors housing development in the Boston suburb of Waltham. The new development will stand at the site of the former Leland Home, a community serving 38 seniors founded in 1879 that provided personalized residential and nursing care to seniors in Waltham for nearly 140 years. “Hannah Leland had a mission, and it’s got to continue,” says Waltham Mayor Jeannette A. McCarthy. “There is a shortage of affordable housing, and while luxury housing is built all the …
BROCKTON, Mass. — MassHousing has provided $12.9 million in financing, which will extend affordability and fund improvements at the 106-unit Bixby Brockton Apartments in the Boston suburb of Brockton. Affordable Housing and Services Collaborative Inc. (AHSC), which owns Bixby Brockton, refinanced the property through MassHousing’s Multifamily Accelerated Processing (MAP)/Ginnie Mae Joint Venture program with partner lender Rockport Mortgage Corp. Of the 106 apartments, 104 are subsidized by two federal Section 8 Housing Assistance Payment contracts. As part of the transaction, AHSC has executed two new 20-year HAP contracts, which will …
BOSTON — Pleasant Spring Communities, which oversees Springhouse Senior Living Community and Mount Pleasant Home in Boston, has agreed to affiliate with HumanGood, a nonprofit operator based in California. Following regulatory and lender approval, the two communities will join HumanGood’s family of life plan and affordable senior living communities. “We chose to partner with HumanGood not only for their expertise in overseeing independent living communities like Springhouse and affordable housing communities for older adults, but also because they share our values of creating settings focused on independence, trust, and caring …
BOSTON — EPOCH Senior Living has named Wendy Nollman as executive director of Waterstone at the Circle, a luxury senior living community in Boston. Nollman joins the team with more than 15 years of leadership experience in senior living throughout Massachusetts. In her new position, she will be responsible for all daily operations. Prior to joining the Waterstone at the Circle team, Nollman was executive director of communities in nearby Wayland and Watertown. She earned a bachelor’s degree in business administration from The University of Rhode Island.
WESTFORD, Mass. — EPOCH Senior Living has named Abbi Laushine as the next executive director at Bridges by EPOCH at Westford Laushine’s daily responsibilities include directing the community’s overall operations and leading team members in providing care. For more than a decade, Laushine has worked with EPOCH Senior Living communities. She started her career as a Certified Nursing Assistant at Bridges by EPOCH at Westford and has served several different roles, including life enrichment director. She most recently was the Bridges program director at Waterstone on High Ridge in Stamford, …
NEWTON, Mass. — MassDevelopment has provided $129 million in tax-exempt bond financing for the construction of Opus Newton, a 174-unit seniors housing project that will be located on the western outskirts of Boston. The borrower and developer is locally based nonprofit organization 2Life Communities. Construction began in March and is scheduled for completion in mid-2025. Opus Newton, an age-restricted complex with units reserved for renters age 62 and above, is being constructed on four acres at 777 Winchester St. The property will house 62 two-bedroom units and 112 one-bedroom apartments. …