News: Owners Developers & Managers

Chestnut Hill Realty celebrates construction of 88-unit Kesseler Woods

Newton, MA Chestnut Hill Realty (CHR) celebrated the construction of Kesseler Woods with a groundbreaking ceremony. In attendance at the event were mayor Setti Warren, Ward 8 Aldermen Cheryl Lappin and Rick Lipof, and Alderman at Large for Ward 7, Ruthanne Fuller.

Pictured (from left) are: Marc Levin, CHR; Danyel Rodgers, CHR E; Cheryl Lappin, Newton Ward 8 Alderman; Lauren Zuker Siff, CHR; Ed Zuker, CHR; Newton mayor Setti Warren; Newton Ward 8 Alderman at Large Rick Lipof; and Ward 7 Alderman at Large Ruthanne Fuller. Pictured (from left) are: Marc Levin, CHR; Danyel Rodgers, CHR E; Cheryl Lappin, Newton Ward 8 Alderman; Lauren Zuker Siff, CHR; Ed Zuker, CHR; Newton mayor Setti Warren; Newton Ward 8 Alderman at Large Rick Lipof; and Ward 7 Alderman at Large Ruthanne Fuller.

The 88-unit apartment community is slated for delivery in spring 2017 and will feature open concept floor plans, top-of-the-line finishes, and smart technology. Boasting condominium scale residences and amenities, The Residences at Kesseler Woods will provide housing alternative for established Newton residents looking to transition from large single-family homes.

The community will comprise 34 one-bedroom and 54 two-bedroom apartments, of which 13 will be affordable rate apartments. Mayor Warren commented that Kesseler Woods will provide much needed quality rental housing in the area.

CHR is also setting aside 20 acres of protected conservation land, and funding traffic flow and safety improvements for the Corey/Vine/LaGrange intersection.

In honor of the groundbreaking, the company donated $5,000 to two local charities - $2,500 to the Newton Schools Foundation, and $2,500 to Friends of Newton Tennis.

MORE FROM Owners Developers & Managers

Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and