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
MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.