News: Front Section

EPOCH Senior Living and National Development celebrate opening of Waterstone at Wellesley

Waterstone at Wellesley, a new senior living community, hosted a grand opening celebration on May 23rd. A ribbon-cutting ceremony featured Alice Peisch, state representative; Barbara Seale, chair, Wellesley Board of Selectman; Larry Gerber, CEO, EPOCH Senior Living; and Ted Tye, managing partner, National Development. Waterstone at Wellesley is a joint venture by EPOCH Senior Living and National Development. A Grossman's Hardware store that stood empty for nearly 20 years was razed in June 2010 to make space for the project. The community employs 50 staff led by executive director Kristine Tilton. The 207,742 s/f Waterstone at Wellesley includes 134 apartments for seniors 62 and older. It features independent and assisted living rental apartments, a fitness center, pool, theater, restaurant-style dining, putting green, a riverfront walking trail and underground parking garage. The community is situated along the Charles River and behind a CVS pharmacy and a Newton-Wellesley Hospital ambulatory surgical center. These tenants are part of the Waterstone at Wellesley development. Elkus Manfredi Architects is project architect, Wellesley Design Consultants provided interior design services, and Cranshaw Construction was general contractor. Based in Waltham, EPOCH Senior Living is a regional provider of quality senior living options, including independent and assisted living, skilled nursing and rehabilitation, and memory care. EPOCH Senior Living is committed to providing residences that enable seniors to enjoy a comfortable and dignified lifestyle in gracious surroundings. Photo credit: Mark Thomson
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
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
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