Peabody Properties Announces Lottery, Accepting Lease Applications for The Machon in Swampscott

2/4/21

Peabody Properties, a full-service real estate and property management firm, is now accepting lease applications for The Machon, located at 35 Burpee Road in Swampscott. Applications must be postmarked by February 24 to be considered for the lottery taking place in March 2021. (Applications will still be accepted after this date, but will no longer be considered for the lottery.)

The Machon encompasses 38 one-bedroom units for seniors aged 55 and older and features facilities and amenities to bring residents together, including a community room, library/entertainment room, and fitness center. Additionally, all residents have access to an on-site service coordinator who can connect them to area resources and service providers as well as facilitate social, cultural, and healthy lifestyle activities.

The Machon is being redeveloped by B’nai B’rith Housing (www.bbhousing.org), a regional nonprofit housing developer, and will be managed by Peabody Properties. For more information or for an application, please call Peabody Properties at 617-691-0158 or visit www.livethemachon.com. There is also a link to view a four-part virtual video series on the lottery, application and interview process as well as specifics about the property. The expected occupancy date for The Machon is Summer 2021.

“All of us at BBH are excited for the addition of 38 new, affordable senior homes to Swampscott this year,” said Susan Gittelman, Executive Director at B'nai B'rith Housing. “It could not have done with the partnership and support from the town of Swampscott.”

“We are thrilled to be partnering again with B’nai B’rith on this exciting and needed community for Swampscott,” said Karen Fish-Will, CEO and principal of Peabody Properties. “We are proud to support BBH’s mission of providing more affordable housing for seniors, and their commitment to offering resident services, which enhances stable tenancies, to the benefit of everyone involved.”

About Peabody Properties

The Peabody Companies and its affiliates – Peabody Properties, Peabody Resident Services, Peabody Supportive Housing, Peabody Real Estate and Peabody Miami – is headquartered in Braintree, Massachusetts, at 536 Granite Street. A full-service real estate firm, Peabody Properties manages over 13,650+ units of housing throughout New England, as well as additional communities in New Jersey and Florida. This award-winning, privately held company and Accredited Management Organization (AMO) was incorporated in 1976 and is under the direction of Karen Fish-Will and Melissa Fish-Crane, who were recently ranked #31 (out of 50) on Glassdoor’s 2018 SMB Top CEOs list. Recognizing its long-term commitment to Resident Services as a unique area of expertise within the field of property management, a specialty sector, Peabody Resident Services was established and is dedicated solely to the development of support services and programs for residents of affordable housing. Designated as a Women Business Enterprise (WBE), and certified by the Massachusetts State Office of Minority and Women Business Assistance (SOMWBA), Peabody was recently ranked #54 on the 2020 National Affordable Housing Management Association (NAHMA) Affordable 100 List, as well as a 2017, 2018 and 2019 Top Place to Work by the Boston Globe and 2018 and 2019 Glassdoor Best Place to Work (most recently ranked #10). Learn more at http://www.peabodyproperties.com or on LinkedIn,Facebook,Instagram, or YouTube.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.