The refinancing of the 157-unit Bedford Towers will extend affordability for at least 20 years

Affordability Extended for Lower-Income Households at New Bedford Housing Community as a Result of $19.9 Million in MassHousing Financing

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Boston, MA (June 29, 2020) – The refinancing of the 157-unit Bedford Towers will extend affordability for at least 20 years MassHousing has provided $19.9 million in affordable housing financing to Kempton New Bedford Limited Partnership to preserve and extend the affordability for lower-income households for at least 20 years at the 157-unit Bedford Towers in New Bedford. »…

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To bring about change, you must not be afraid to take the first step. We will fail when we fail to try. - Rosa Parks

A Statement from Karen Fish-Will, Principal & CEO & Melissa Fish-Crane, Principal & COO Regarding the Murder of George Floyd and Our Commitment

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Braintree, MA (June 5, 2020) – A Statement from Karen Fish-Will, Principal & CEO & Melissa Fish-Crane, Principal & COO Regarding the Murder of George Floyd  We believe Black Lives Matter.   We stand in solidarity with the Black community and stand against systemic racism.  For many, the pain, sorrow, and outrage unfolding across America is unlike…

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Peabody Properties Achieves High Marks for Contracting with Diverse Businesses

Peabody Properties Achieves High Marks for Contracting with Diverse Businesses

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Braintree, MA (May 20, 2020) – MassHousing’s Diversity & Inclusion Division works with property management companies across Massachusetts to set and achieve goals for working with diverse businesses in their operations.  One of those partners is Peabody Properties, who achieved great success in contracting with minority- and women-owned businesses in the first half of fiscal year…

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CARES Program Supports Community Residents

CARES Program Supports Community Residents

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Braintree, MA (April 27, 2020) – The Peabody Companies, a group of property management and real estate firms, recently launched the Peabody Community And Resident Emergency Support (CARES) Program. Aligned with Peabody’s mission-driven, relationship-focused approach and intended to proactively address the growing needs of residents during the COVID-19 crisis, the CARES program is comprised of…

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The Added Value of Resident Services in Housing

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Braintree, MA (March 25, 2020) – Throughout this time in our history, one of the many lessons we’re learning is that it’s hard to be alone. And another lesson (which many of us have already known), is that our vulnerable populations, including those older generations or those with underlying medical conditions, can quickly become even…

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Rockport Mortgage Announce $42.7M in Financing for Melville Towers Apartments in New Bedford

All Press Media Mention Melville Towers Properties

New Bedford, MA (March 10, 2020) – Rockport Mortgage Corporation recently announced the closing of an FHA Section 223(f) refinancing loan totaling $42.7 million for Melville Towers, an elderly apartment complex located at 850 Pleasant Street, New Bedford, MA. The property is owned by the non-profit Affordable Housing & Services Collaborative, Inc. and managed by Peabody Properties.

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Peabody Properties Celebrates Newly Earned ARM and CPM Designations from the Institute of Real Estate Management (IREM)

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Braintree, MA (February 25, 2020) – Full-service real estate and property management firm Peabody Properties is pleased to announce that the following individuals recently earned their Accredited Residential Manager (ARM) credential through the Institute of Real Estate Management:  Penny Brady, resident of Assonet and property manager of Melville Towers in New Bedford; Michelle Archer, resident…

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The Peabody Companies Announces Lee S. Estabrook as Vice President of Human Resources

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Braintree and Charlestown MA (February 13, 2020) – The Peabody Companies, a group of award-winning property management and real estate firms, is pleased to announce Lee S. Estabrook as vice president of human resources. In this executive level role, Estabrook oversees the Human Resources Department, inclusive of the benefits and training teams, ensuring the equitable…

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Kate Swope, Director of Resident Services

The Peabody Companies announces Kate Swope as Director of Resident Services

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Braintree, MA (February 6, 2020) – The Peabody Companies, a group of award-winning property management and real estate firms, is pleased to announce Kate Swope as director of resident services. The Director of Resident Services is an executive-level position that works in partnership with the Peabody Resident Services, Inc. (PRSI) President to provide leadership and…

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