News: Front Section

Employees at Cummings direct $549,000 to local nonprofits

Cummings Properties senior admin. Christine Lane, of Medford, (far right) presents a Cummings
Community Giving donation to team members at West Medford Community Center.

Woburn, MA Greater Boston nonprofits are celebrating the season with a collective $549,000 in funding awarded via Cummings Community Giving. Through this annual initiative, commercial real estate firm Cummings Properties invites staff to each direct up to $2,000 from the company to a nonprofit of their choosing.

The program, now in its 13th year, intends to support the communities where employees at the company live and work. Nearly 240 organizations in approximately 100 local cities and towns will benefit from this cycle of Cummings Community Giving.

“Many of our team members look forward to this program all year,” said chairman and CEO Dennis Clarke. “Beyond being a feel-good employee benefit, it’s a great way to show our staff firsthand what they’re working toward at Cummings Properties.”

According to Clarke, and the firm’s newly adopted tagline, 100% of all profits go to nonprofits at Cummings.

“It’s important to us that colleagues have regular opportunities to actively participate in the Company’s mission,” said Clarke.

Cummings senior administrative assistant Christine Lane, a 33-year Medford resident, split her donation. Lane directed $1,000 each to West Medford Community Center and Malden Warming Center, a temporary night center for individuals experiencing housing insecurity during the winter months.

“This was my first experience with Cummings Community Giving, and it was powerful,” said Lane, who joined Cummings in August.

“Having the opportunity to give back in this way makes me feel really good about where I work.”

Cummings Community Giving is open to staff at Cummings Properties as well as its affiliated senior living communities, New Horizons at Choate, and New Horizons at Marlborough.

Cristina Barreira, who is housekeeping supervisor for the 400-resident New Horizons at Marlborough, directed $2,000 to Brazilian American Center (BRACE). Framingham-based BRACE serves individuals of all nationalities who have immigrated to the U.S.

“BRACE does so much to help those in need around the MetroWest,” said Barreira. “My donation will help fund Christmas baskets and holiday meals for community members are struggling.”

Each eligible nonprofit may receive up to $6,000 per cycle. Through this year’s employee cycle, 15 recipients reached the maximum, including Andrew’s Helpful Hands, of Hudson; Animal Rescue League of Boston; Baypath Humane Society of Hopkinton; Boston Children’s Hospital; the city of Marlborough (for the Senior Center and Recreation Department); and Millis Mohawk Boosters.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary