News: Owners Developers & Managers

The Peabody Companies promotes Castro to facilities manager

Hector Castro

Braintree, MA According to The Peabody Companies, a group of award-winning property management and real estate firms, Hector Castro has been promoted to facilities manager.

In this role, his responsibilities include training and mentoring on-site maintenance superintendents and technical personnel, providing advice and support to the director of portfolio operations and senior managers in the area of vendor contracting and management, in addition to other maintenance and repair duties.

Castro joined the Peabody Companies in February of 2004. In 2018 he was named Maintenance Professional of the Year by the New England Affordable Housing Management Association.

“Hector takes enormous pride in ensuring that our properties are maintained to the highest degree,” said Mark Regan, director of facilities with the Peabody Companies. “Congratulations are extended for his well-deserved promotion to facilities manager.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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

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
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,