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Workforce Housing Development Receives $1.5M in Financing

Workforce Housing Development Receives $1.5M in Financing

| December 10, 2018

Boston – MassHousing is providing $1.5 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of the Village at Nauset Green by Pennrose, LLC, a new, 65-unit rental housing community being built on a vacant parcel owned by the Town of Eastham. The MassHousing workforce housing financing will allow the Village […]

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Erland Selected to Build Cantera Apartment Complex

Erland Selected to Build Cantera Apartment Complex

| December 4, 2018

Malden, MA – Erland Construction, headquartered in Burlington, has been selected by Roseland Residential  to construct three five-story, high-end apartment buildings and a five-level precast parking garage in Malden. Cantera, a sister complex of Chase and Chase II, is Erland’s fourth project at Overlook Ridge and its third working with Lessard Design. The new complex will […]

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MassHousing Finances $45M Development

MassHousing Finances $45M Development

| November 29, 2018

Boston – MassHousing has closed on $45.7 million in financing to the Jamaica Plain Neighborhood Development Corporation (JPNDC) for the acquisition, preservation, and renovation of a 201-unit scattered site affordable housing portfolio in Roxbury and Dorchester. JPNDC utilized MassHousing financing to purchase the portfolio of six affordable housing communities, located on 21 scattered sites in Boston, from […]

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Retirement Community Expands with $17M Bond

| November 28, 2018

Worcester, MA – MassDevelopment has issued a $17,590,000 tax-exempt bond on behalf of the Briarwood Community, a nonprofit continuing care retirement community located on the border between West Boylston and Worcester. Briarwood, which currently operates independent living cottages and apartments as well as assisted living apartments and a skilled nursing center, will use bond proceeds […]

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Luxury Townhomes Construction Begins

Luxury Townhomes Construction Begins

| November 28, 2018

Woburn, MA – Seaver Construction announced the start of construction at the Shannon Farm Luxury Farmhouse Townhomes at 299 Lexington Street. Near the Lexington town line, Shannon Farm will offer luxury townhomes with a modern, farmhouse-style feel. Seaver teamed up with the Maggiore Companies to jointly construct the project. The architectural design was performed by […]

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Construction Completed on Point 262 Condo

Construction Completed on Point 262 Condo

| November 27, 2018

Cambridge, MA – Nauset Construction recently completed Point 262, a LEED Silver pre-certified, luxury condominium development that provides 55 one-and-two bedroom units and is located within walking distance of Kendall Square and Mass General Hospital, and adjacent to Twin City Plaza, a 270,000sf grocery-anchored retail center. Point 262 received a walkability score of 84, a […]

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MassHousing Finances Development

MassHousing Finances Development

| November 26, 2018

Boston – MassHousing has closed on $45.7 million in financing to the Jamaica Plain Neighborhood Development Corporation (JPNDC) for the acquisition, preservation, and renovation of a 201-unit scattered site affordable housing portfolio in Roxbury and Dorchester. JPNDC utilized MassHousing financing to purchase the portfolio of six affordable housing communities, located on 21 scattered sites in Boston, […]

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Bond Helps Preserve Affordable Housing in Roxbury

Bond Helps Preserve Affordable Housing in Roxbury

| November 19, 2018

Boston – MassDevelopment has issued a $14,495,000 tax-exempt bond on behalf of Wilshire Westminster LLC, an affiliate of the Urban Edge Housing Corporation, which will use bond proceeds to renovate, furnish, and equip two multifamily rental housing facilities in the Roxbury and Dorchester neighborhoods: Westminster Court and Wilshire Apartments. MassDevelopment also assisted the Massachusetts Department […]

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Delphi Tops Off Seascape at Weymouth

Delphi Tops Off Seascape at Weymouth

| November 6, 2018

Submitted by Delphi Construction, Inc. Mashpee, MA – Multimarket construction management firm Delphi Construction, Inc. announced the topping off of Seascape at Weymouth, a new $30 million luxury waterfront condominium project at Weymouth Neck overlooking the mouth of the Fore River, Hingham Bay, and the Hingham Ship Yard. The topping off is a builder’s rite traditionally […]

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Pre-Leasing Begins for the Harry and Jeanette Weinberg House

Pre-Leasing Begins for the Harry and Jeanette Weinberg House

| October 29, 2018

Brighton, MA – Peabody Properties recently announced the pre-leasing phase of The Harry and Jeanette Weinberg House, located at 132 Chestnut Hill Avenue on the Brighton campus of 2Life Communities. The brand-new community offers new affordable rental housing for seniors 62+. The first residents are expected to be welcomed in February 2019. The residents of The […]

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