News: Owners Developers & Managers

Trinity Managment named property manager of 98-unit Northridge Homes

Beverly, MA Trinity Management, LLC became the property management team for Northridge Homes, a 98-unit community located between Sohier Rd. and Brimbal Ave.

Built in 1975, Northridge Homes is an established community comprised of two-story townhouses. It is cooperative housing. That means individuals don’t own their actual residence, but rather a share in a corporation that owns all the buildings. They are referred to as members, not tenants. There are low, moderate and market-rate units.

The Northridge Homes Board chose Trinity Management because of its good reputation in the affordable housing community.

“We are excited to add this wonderful property to our North Shore portfolio,” said Trinity’s CEO Kate Franco. “We look forward to a long and happy relationship with all the members.”

With the new shopping plaza next to the property scheduled for completion soon, members are looking forward to greater convenience in shopping for groceries and such. But convenience is certainly one of the attractions of Northridge, which sits down a bit from the Sohier Road/Brimbal Ave. exits off Rte. 128.

MORE FROM Owners Developers & Managers

Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.