News: Owners Developers & Managers

Windover Construction to build two veteran housing projects with Peabody Properties, Inc.

Working in partnership with the U.S. Department of Veterans Affairs and Peabody Properties, Inc., Windover Construction is moving forward with two veterans housing projects. Locally, The Pleasant Street Apartments will create permanent, supportive housing for veterans in downtown Beverly. Located adjacent to the train station, the project will transform an existing property, formerly occupied by Beverly Self-Storage, into 33 new apartments. The completed complex will include on-site counseling and job training for residents. Once construction is complete, the community will be managed by Peabody Properties. Construction began in December with an expected completion date of June. The second project, Valley Brook Village, is in Lyons, N.J. Approximately 45 miles west of New York City, the 63-unit housing development will support veterans on the grounds of the VA Medical Center. The complex consists of three buildings with both one and two bedroom apartments, situated around a common village green. In addition to residences, the complex will have a community space and other supportive services for residents. The complex will also be managed by Peabody Properties. The project broke ground in August 2012 and is slated for completion this July. "Our nation's veterans are an important, and all too often underserved, part of our population," said Windover president Lee Dellicker. "Their personal sacrifices have kept our country safe and secure. The least we can give them in return is a safe, secure place to live. Windover is pleased to be part of these important initiatives." Based in Manchester-by-the-Sea, Mass., Windover Construction builds commercial projects for institutional and corporate clients across a variety of focus areas, including academic and healthcare facilities, residential communities, financial services and retail. Windover also operates a separate Luxury Homes division that builds distinctive residences.
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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.
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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.
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