QUINCY, MA – Mill Creek Residential, a leading multifamily investor, developer and operator specializing in premier apartment communities across the U.S., announced the acquisition of Alister Quincy, a transit-oriented apartment community in suburban Boston.

Formerly 5 Hundred Falls, the community was rebranded by Mill Creek under the Alister brand name and features 171 apartment homes. Situated at 500 Falls Boulevard in south Quincy, Alister Quincy sits 14 miles south of Downtown Boston and 1.5 miles south of Quincy Center, providing residents with prime access to professional opportunities throughout the metro area. Mill Creek plans to renovate the community to give it the modern edge today’s renters expect.   

“Alister Quincy offers fantastic access to Downtown Boston and South Shore employment opportunities, in addition to the lifestyle amenities and retail in and around Quincy,” said Jessie Henry, managing director of acquisitions for Mill Creek Residential. “After our plotted community and apartment improvements, Alister Quincy will offer the most modern features with the strongest value proposition around.”

Alister Quincy offers residents a complimentary shuttle to the Quincy Center T, one of the city’s primary commuter hubs with bus and rail options. Residents can reach Downtown Boston, Quincy Town Center, South Shore Plaza and the beach within 20 minutes or less. Interstate 93 and Routes 3 and 128 are also nearby and serve as the gateways to Boston and many key destinations across the metro area.

The Metro Boston market office is one of the strongest and most diversified in the country, and serves as the nation’s epicenter for biotechnology. Many prominent employers are situated within Quincy, including State Street Corporation, Blue Cross Blue Shield of Massachusetts, Harvard Pilgrim Health Care, Boston Financial Data Services, Boston Scientific, and the national headquarters of the Stop & Shop grocery chain.

Alister Quincy will benefit from the plotted redevelopment of the southern part of the Quincy Center, which would add 500,000 square feet of retail, entertainment, and amenity space. Several retail, dining and entertainment options are easily accessible from Alister Quincy, including Alba’s, The Four’s Restaurant, Napoli Pizzeria and Paddy Barry’s. Roche Bros. Supermarket, Walmart, Starbucks, and Dunkin’ Donuts are within walking distance of the community.

Alister Quincy consists of 1-, 2- and 3-bedroom apartment homes with loft layouts available. Community amenities include a club-quality fitness center, resort-style swimming pool and sundeck, resident lounge, playground and outdoor space with barbecue grills. More lifestyle-enhancing amenities are plotted as part of Mill Creek renovation process. Plotted apartment renovations include updated countertops, appliances, cabinets and fixtures. Select homes offer wood plank-style flooring, walk-in closets, fireplaces, backsplashes and all homes offer a private patio or balcony.

Including Alister Quincy, Mill Creek has developed, started development and bought more than 1,100 apartments in the Boston area. 

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TALLAHASSEE, FL – Wendover Housing Partners, a privately held real estate development, investment and management company, announced it is breaking ground on Kenwood Place, an affordable, senior apartment community in Tallahassee, FL. Construction on the 112-unit community, located at 420 Junco Court, started in spring 2016. With the first residents expected to go in during February 2017, Kenwood Place will provide financial relief to Leon County’s growing population of income restricted seniors ages 55 and up.

“When we choose to build a new senior housing community, the Wendover team looks at areas where the need is greatest. With its mild weather and tightknit community, Tallahassee is one of the country’s retirement hotspots,” said Jonathan L. Wolf, President and Founder of Wendover Housing Partners. “The majority of Leon County’s senior population is healthy and independent with no mobility or self-care restrictions. Wendover hopes to provide these seniors with a safe and active community to call home at an affordable price.”

Priced below Tallahassee’s average rental rate of $814, each Kenwood Place unit features a full-size washer and dryer, a monitored emergency call system, and a fully equipped kitchen including a dishwasher, microwave, island and pantry. Designed with senior comfort and safety in mind, the open and spacious floor plans also provide ample storage space with walk-in and linen closets.

“Wendover believes that fostering and maintaining a sense of community is just as vital as what our apartments look like, especially at our senior properties where residents have much more free time on their hands,” added Wolf. “We provide plenty of indoor and outdoor areas for our residents to socialize and make new friends, as well as free events hosted by our staff. Kenwood Place residents will also be able to delight in time for themselves in our fitness center, outdoor garden, swimming pool, computer room, community room and more.”

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