HYM Finds New Opportunities in the ’Burbs
HYM made its name tackling complex urban projects like Bulfinch Crossing. But the financing environment now points it to Boston’s suburbs, Chief Investment Officer Doug Manz says.
How Lynn’s Shuttered Hospital Is Being Transformed into Affordable Homes for Seniors
When Lynn’s only hospital shuttered in 2020, it was a devastating blow. Six years later, it’s preparing to welcome a 150-unit affordable housing community.
Assisted Living Regulations Zero in on Safety, Costs
People considering assisted living residences would gain new clarity into costs and the availability of medical care, under a set of newly proposed state regulations.
Raising the Bar for Senior Living
Shane Herlet helps lead a company trying to up the ante in its industry with a new brand that combines hospitality-level living standards and urban locations.
A Little-Used Piece of Massachusetts Law Holds Great Potential
Massachusetts’ 40Y “starter home statute” offers towns and cities a high-impact tool to create reasonably priced homes for young and old, alike.
Mass. Needs More Senior Housing, But These Aren’t Like Most Multifamily Projects
There is an extremely high demand for senior housing in Massachusetts, but good senior housing projects aren’t just rebranded apartment buildings.
State Orders Fire Safety Plans from Assisted Living Developments
By the end of next week, all 273 assisted living facilities in Massachusetts will be required to send a letter to all residents and families detailing fire safety protocols, evacuation procedures and key points of contact.
Hot Property: Leland House
Senior housing developer and operator 2Life Communities celebrated the completion of Leland House, a 68-apartment community for older adults in Waltham.
Towns, Cities Need Partners When Repurposing School Buildings into Senior Housing
Consistent public school enrollment declines mean that surplus school buildings could be a real source of new homes, but towns and cities often lack the expertise to do it themselves.
Mass. Seniors Struggle to Age in Homes They Can Afford
Massachusetts ranks 50 out of the 50 states as the worst state for elder economic security – and that is largely due to high housing costs. 2Life Communities CEO Amy Schectman wants to change that.
LGBTQ Senior Housing Opens in Hyde Park
Mayor Michelle Wu joined Lt. Gov. Kim Driscoll and officials from co-developers Pennrose and LGBTQ Senior Housing Inc. and residents for the grand opening of The Pryde on Friday.
We Need More Family-Sized Homes in the City, Small Homes in the Suburbs
Greater Boston needs lots of housing. But it also needs the right kind of housing to match its demographic trends: seniors needing single-level living and young families needing bigger homes.
POAH Plans Upgrades After Lynn Housing Acquisition
A Boston nonprofit will launch a building renovation program in 2025 to address deferred maintenance following its acquisition of a downtown Lynn senior housing community.
Newton Project for Middle-Income Seniors Funded
A project that received $129 million in MassDevelopment bond financing is designed to deliver a rare middle-income housing option for senior citizens in Newton.
Development Strategies for an Impending Housing Crisis
A planned 70-unit active adult community in Northampton is designed to make the math work for cash-poor seniors seeking to downsize and sell their homes.
Fresh Approaches to a Maturing Industry
Art galleries, Bocce courts and farm-to-table restaurants serving up produce grown on-site: Not the amenity list at a Millennial-focused apartment complex but features at recent developments by Benchmark Senior Living, led by CEO Tom Grape.
Kaplan Breaks Ground on Affordable Senior Complex
Kaplan Construction of Brookline has broken ground on the first affordable housing complex for seniors to be built in the Upham’s Corner section of Dorchester.
Housing Operators Urged to Explore Vaccine Options
Public and private low-income and affordable housing property operators should begin exploring options to vaccinate residents and staff now before the state activates the next phase of its vaccine distribution plan,
A Growing Role at Boston’s ‘Quiet Giant’
Jennifer Francis has a day-to-day window into how all commercial real estate sectors are performing throughout the pandemic as an executive vice president of Newton-based RMR Group.
It’s Time to Eliminate Blind Spots in Senior Housing Design
An unprecedented need for senior housing is coming. The question is whether we can provide enough safe, affordable, comfortable and care-appropriate options before the wave hits the shore.
