Featured Investment
Cushing Residence
Hanover, MA
Investment introduction paragraphs
The Cushing Residence is a 150-unit, 100% project-based Section 8, age-restricted apartment community located in Hanover, MA, approximately 25 miles south of Boston. CDT purchased this legacy asset in 2012.
Partners
Evergreen Housing Partners
Highlights
The property offers amenities including a community room, library, resident activity room, computer room, and well maintained outdoor green space, as well as supportive services for senior residents. CDT’s acquisition of Cushing facilitated the nonprofit seller’s investment in their special-education campus nearby.
Impact
CDT’s investment in Cushing Residence ensures long-term stability and continuation of services at a high-mission senior housing property in a market with very limited affordable options. Additionally, CDT’s investment provided capital to the non-profit seller, a group that provides educational and social services to special-needs children and young adults in Boston’s south shore area.