Chestnut Hill Realty continues its investment in the Hancock Village apartment home community and its commitment to expanding local housing options with the recent addition of a three-story, 36-unit building. The Josiah Bartlett Building at 120 Gerry Road represents one phase of an ambitious multi-year plan that will include 175 units later this summer and the 250-unit Franklin building in spring 2024.
In a national survey of multifamily companies conducted in September 2021 by the Best Companies Group, Chestnut Hill Realty was ranked 35th. CHR, with headquarters in Massachusetts, is the only company in the rankings that have a presence in New England. The survey is conducted on an opt-in basis, and the respondents consisted of current CHR employees. This marks the second consecutive year that CHR has participated in the survey, and the ranking will be effective for calendar year 2022. “Teamwork is at the core of everything we do at CHR,” said Ed Zuker, Founder and CEO.
In a national survey of multifamily companies conducted in September 2021 by the Best Companies Group, Chestnut Hill Realty was ranked as a best place to work for women. Achieving a ranking of 15th, CHR is the only company that has a presence in New England. The survey is conducted on an opt-in basis, and the respondents consisted of current CHR employees. Ranking companies need a minimum of 15 women working in the organization or 25%, whichever is greater.
George McHugh, President of Property Management, has been recognized by the Massachusetts Apartment Association (MAA) as the recipient of their 2021 Industry Excellence Award. The award was announced at their annual Achievement Awards gala, which was held December 1 at the Intercontinental Hotel in Boston. The award acknowledges George’s significant contributions to the multifamily industry in a career that spans more than four decades.
An op-ed article penned by Jen Murphy, Director of Marketing at CHR and President of the Massachusetts Apartment Association (MAA), appeared in the Boston Business Journal. Jen points out that property management teams, and those that support them, belong among the many groups of unsung heroes during this pandemic; caring for residents and helping to keep them safe and comfortable in their homes during this stressful time. They are not traditionally identified as frontline works, but these dedicated professionals are on the frontlines nonetheless.
Chestnut Hill Realty held a ribbon-cutting and grand opening ceremony of the first phase of 175 units created under Chapter 40B on July 13. MassDevelopment was the subsidizing agency for the development and provided the tax-exempt and taxable bonds to help finance the new housing community.
The project, known as Residences of South Brookline at Hancock Village, are the first brand-new rental townhomes built at Hancock Village since the 1940s.