BROOKLINE, Mass. — Law firm Nixon Peabody LLP has advised Hebrew SeniorLife in the site acquisition and construction of a new affordable seniors housing complex in Brookline, a first-ring suburb of Boston.
The project involves the construction of a seven-story complex featuring 54 units for seniors over the age of 62. Combined with the Marilyn and André Danesh Family Residences, the Julian and Carol Feinberg Cohen Residences, and the Diane and Mark Goldman Family Residences, this new complex will expand the Hebrew SeniorLife seniors housing campus in Brookline.
Financing partners for the project include Eastern Bank, the Massachusetts Development Finance Agency (as bond issuer), the Massachusetts Housing Partnership Fund Board, the Commonwealth of Massachusetts Department of Housing and Community Development, the Town of Brookline, and Rogerson Communities Inc., with an equity investment by RBC Community Investments LLC. Hebrew SeniorLife is working in conjunction with Affirmative Investments on the development of the project.
“Hebrew SeniorLife continues to be a vital resource in the Greater Boston area in a time of tremendous need for affordable seniors housing,” says Julie Hancock Stande, a partner in Nixon Peabody’s affordable housing and real estate practice and lead attorney for Hebrew SeniorLife.
In addition to Stande, the Nixon Peabody deal team includes counsel Karla Chaffee, senior counsel Jeffrey Sacks, associates Talia Burghard and Jason Kim, and paralegal Vienna Kim.