News from Trinity Management

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Trinity Management CEO honored by HomeStart at Gala

Kate Franco

Kate Franco, CEO of Trinity Management LLC, was honored at HomeStart’s Fall Gala on Sept. 20 with the President’s Award for her work with the organization’s Homelessness Prevention Program.

Kate Franco is flanked by her son, Christopher, and her husband, Charley.

HomeStart President Matt Pritchard extolled Kate’s dedication and determination to “put a permanent dent in homelessness,” by finding alternatives to eviction that include support services, life skills and money management with significant savings for property owners.

Trinity Management’s portfolio includes more than 5,000 affordable apartments, as well as market-rate apartments and condominiums. Kate, in her speech at the Gala, spoke of the renewed pride and self-confidence that can be seen in those who once again have a home.

“It is comforting to know that in some small way we are breaking the cycle of repeated homelessness,” Kate said.

Nancy Ludwig, president of ICON Architecture and member of the HomeStart Board, noted that ““Kate’s willingness to engage and provide advice for Homestart’s Prevention program has helped refine our approach to homelessness prevention. Homestart is grateful for her insights and willingness to help us move forward with the program.”

In Massachusetts, the average age of a homeless person is 8 years, and 9,000 high school students are homeless, Pritchard told the crowd at the Seaport Boston Hotel, where Sheila Dillon, Boston’s Chief of Housing and Director of Neighborhood Development, was also honored. Dillon received the Gold Key Award for her “ferocious” dedication to preventing homelessness.

Most families are evicted for want of $1,500 or less in rent, but a homeless shelter costs the state $35,000 per person a year. That cost and the trauma to families are too great, Pritchard said. HomeStart was able to prevent eviction of 459 families last year with financial assistance of $700 or less per household. Ninety-five percent are still in housing one year later. But there were 1,100 families that HomeStart couldn’t help for lack of funds, he added.

The Fall Gala raised more than $100,000, which was topped off with $50,000 from one anonymous donor and $35,000 from another, for a grand total of more than$185,000, all of which will be used to assist families, Pritchard said.

Trinity Principal Jim Keefe congratulates Kate

Trinity Development and Management was a major sponsor of the event, and Trinity Financial’s principle Jim Keefe was extremely proud of the management company’s CEO.

“We knew we had a star when we hired her as CEO for the management company,” Jim said, “and we are pleased to know how much she is appreciated by HomeStart and the wider homelessness prevention community.”

https://photos.app.goo.gl/BRJcOQcgPVK32MOx2

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Washington Beech is on the “Greenbuild” road tour

Washington Beech

Washington Beech will be visited by about 30 engineers, architects and other professionals involved in environmentally sensitive housing development on November 20, as part of the Greenbuild Tour program organized by the Massachusetts Chapter of the U.S. Green Building Council. Specifically, the professionals will learn how Washington Beech achieved LEED (Leadership in Energy and Environmental Design) Gold Certification.

Michael Solomon of ICON Architecture, which is a Gold Level ($2000) sponsor of the Greenbuild Tour, explained that there are about 30 guided tours and 77 sites that will be visited on three separate dates in November. Washington Beech and three other sites – Jackson Commons in Boston, 151-157 Allston Street in Cambridge, and Putnam Green in Cambridge — are part of the “Reshaping Communities with Sustainable Affordable Housing” tour. Visitors will arrive by bus sometime after 2 p.m. and before 6 p.m., where they will be met by host Community Manager Damaris Rodriguez of Trinity, and Nancy Ludwig and Kendra Halliwell of ICON.

As Michael outlined in an email, the “learning objectives” are:

  1. Learn how to turn existing site constraints into critical features of a new site plan.
    1. Street Grid, Existing Foundation, and Context
  2. Learn how to maximize program uses on a complex site:
    1. Public Program Spaces, Universal Design in the Midrise, Backyards for Families
  3. Learn how orientation can inform apartment layout
  4. Learn how “Sensible Green” can impact sustainability:
    1. Keeping you comfortable, saving water, saving electricity

We are extremely proud that Washington Beech has been chosen for this tour to teach housing professionals more about minimizing adverse environmental impacts.

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Oxford Place and Oxford Ping On new to portfolio

Oxford Ping On

On Oct. 1, Trinity Management added Oxford Ping On and Oxford Place to the portfolio. Both are in Chinatown, located respectively at 10 and 15 Oxford Street. Both are owned by the Chinese Economic Development Council.

Oxford Pig On was also developed by the Chinese Economic Development Corporation. Completed in early 2016, it is a steel framed, 10-story building with 67 rental units, including 48 studios, 16 one-bedroom and 3 two-bedroom apartments. Seven are for individuals earning no more than 30% of Area Median Income (AMI), and the remaining 59 units are for those earning 60% or less of AMI. Oxford Ping On is green certified and smoke free. It includes a large, on-site laundry. Heat and hot water are included in the rent.

Oxford Place is a six-story building and has 39 affordable/low-income apartments, with 22 one- , 15 two- , and 2 three-bedroom apartments.

Community Manager of both is newly hired Igor Vinokurov; Assistant Community Manager is Xiao Ling Tan.

 

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TMLLC adds new properties to portfolio

Port Landing

Trinity Management, LLC is the new management company for two properties owned by Capstone Industries, LLC, one in Cambridge and one in Brockton.

Port Landing is a newly constructed, affordable housing development in The Port neighborhood of Cambridge. It is within walking distance of Kendall Square, Central Square, and Inman Square.

Station Lofts is in downtown Brockton, very near our Centre 50 and Enso Flats properties. It is beautifully renovated historic mill at 124 Montello Street and provides 25 mixed income apartments within walking distance of commuter rail and bus transportation.

Port Landing

Map of Cambridge in Lobby

“This is a gorgeous property in a great community,” said CEO Kate Franco. “It sits near MIT and all the great cultural and educational centers of Cambridge. We are thrilled,” she said.

Transit is readily available, as are parks, restaurants, cultural venues, great medical facilities, terrific schools, and much more.

Port Landing was completed in the autumn of 2016, and inside and out it is modern, sleek and cool. Modern lighting, open floor plans, large windows, contemporary kitchens and baths, and garage parking all add to the attractiveness.

Capstone Communities, LLC and Hope Real Estate Enterprises LLC joined forces to build this 20 unit building at 131 Harvard Street, Cambridge. Twelve units are geared to people earning 60 percent of Area Median Income (AMI), 6 units for those earning 50 percent of AMI, and 2 units for those earning 30 percent or less of AMI.

There are 4 one-bedroom units, 13 two-bedroom units, and 3 three-bedroom units. The MassHousing Blog of October 2015 notes that a market-rate three-bedroom apartment rents for about $6,000 a month; the three-bedroom units at Port Landing rent for about one-third of that.

This section of Cambridge was called Area 4 beginning with 1950 census — one of 13 statistical zones delineated by city officials. All the others also had real names, like Cambridgeport, the real name for Area 5. Therefore, Area 4 residents petitioned the city for a change back to the historic name, The Port. This was done in 2015. The developers of Port Landing, therefore, chose a name that complements the neighborhood — one that graciously affirms the past while embracing the advances of the modern age.

Station Lofts

Station Lofts

“Brockton is on its way back,” said CEO Franco, noting that in addition to public transportation, major highways are nearby, including Route 24, I-93, I-495, and I-128/I95. “Trinity Management is thrilled to be chosen to manage this great asset.”

Station Lofts was built in 1880 by Lilly Brackett Boot & Shoe Co., one of many factories that gave Brockton the name “Shoe City.” It was purchased in 1908 by Geo Knight & Co, which made shoe machinery. A tenant, Stall & Dean, liked leather, too, and made baseball mitts. The company was credited with creating the catcher’s mitt, a vital piece of baseball equipment.

Kitchen/dining area

Jason Korb, Principal of Capstone Communities LLC, saw the building in 2010 and dreamed of fusing old and new to revitalize a building in a city that was aching to wake up from post-industrial malaise.

The 2013 renovation and historic rehabilitation is a superb. Wood and cement floors, exposed brick walls and beams, high ceilings, and replicas of historic windows add charm. Modern lighting, open floor plans, large windows, contemporary kitchens and baths, in-unit laundries, and ample closet space provide modern convenience. The high-impact fitness center, on-site personal storage, bike storage, and surface and garage parking are great bonuses. The building is smoke-free. It is also pet friendly (restrictions apply).

There are 11 market-rate units: 2 studios, 2 one-bedroom; 7 two-bedroom units. There are 14 affordable units. Three affordable units are for those earning 30% of area median income, one of each size. Eleven are for those earning 60 % of AMI: 2 studios, 1 one-bedroom, 7 two bedroom and 1 two-bed duplex.  Trinity Management provides on-site management and 24-hour emergency maintenance.

Station Lofts was first, and Trinity Financial followed soon after with the renovation of the Brockton Enterprise block into two residential and one commercial property. Now Trinity Management has a quartet of Brockton buildings, all transit-orientated and within walking distance of each other: Station Lofts, Enterprise Main, Enso Flats, and Centre 50.

 

 

 

 

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The New Mass Pike team comes to the rescue!

Counter clockwise, from front: Edwin Corporan, ManuelTorres, Fernando Navarro, Xhina Zhao, Yan Feng, Gurbertito Sanchez, Maribel Concepcion and Patricia Castrataro.

At 6 a.m. on Friday, Sept. 1, a major circuit breaker panel at New Mass Pike Towers exploded, igniting a fire as well as loss of electricity in Building B, a 13-story building with 96 residential units. The whole property could have gone up in flames, CEO Kate Franco said. But, that didn’t happen.

“Due to the fast actions of the staff and the fire department, catastrophic damage was averted. The team acted exceptionally, calmly and professionally and with great care for the residents,” she said.

They distributed flashlights and updated residents regularly for 21 hours until electricity was restored. The maintenance team was even able to tap into electricity in the site’s other buildings for some relief of the situation.

She had high praise for Community Manager Patricia Castrataro, Occupancy Specialist Yan Feng, Administrative Assistant Xhina Zhao, Service Superintendent Manny Torres, Maintenance Tech Gurbertito Sanchez, Maintenance Tech Edwin Corporan, and Porter Fernando Navarro.

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More Portfolio News

Upper Washington Ribbon Cutting, 8/29/17

The Vietnamese American Initiative for Development, or VietAID for short, held a ribbon cutting on Tuesday, Aug. 29, for its newest building, Upper Washington, on Washington Street in Dorchester. All 35 units are filled and the waiting list is closed, which speaks volumes about the need for good, affordable housing, a goal that VietAID and Trinity Management both pursue.

Another Dorchester property

Trinity is managing a 16,184-square-foot, mixed-use three-story building at 299-309 Hancock Street, which is separated by a small surface parking lot from a two-story, 2,680-square-foot residential building at 289 Hancock Street. We refer to them in Yardi as AU Washington (where do we get these names?!) with an address of 289-309 Hancock. The two buildings sit across from the forthcoming, long planned 388,400-square-foot Dot Block. There are three commercial spaces and 13 residential one- , two- and three-bedroom units.

Boston East (picture of Boston East team)

Lots of employees met Theo Brisbicos, the new Community Manager for Boston East at the RHA Annual Conference and Trade Show. Longtime favorite employee Erick Soto joined the Boston East staff as the new Leasing Manager, leaving folks at 35 @ Eight Sixty a little blue. But, together they should do a whirlwind job of leasing up the 174 market-rate apartments in this luxury, waterfront building at 126 Border Street in East Boston. The building, located at 126 Border Street, isn’t quite finished, but the leasing office has a home at 86 Border Street next door.

Treadmark tragedy

Most of us know about the fire at The Treadmark building in Dorchester last month, which happened one day before a final safety check and implementation of the sprinkler system. Now, it is time to rebuild, and Trinity development personnel are all the more determined to do so after so much encouragement from the neighborhood and city.

“There has been an outpouring of good wishes from people throughout Dorchester,” Trinity Financial principle Jim Keefe said. “It is amazing when things like this happen, the kindness that people can show; it re-establishes your faith in the human race and reminds us that what we are doing is very important.”

 

 

 

 

 

 

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Books on the way to Nguludi


On April 19, the 1,100 books collected by Trinity Management and Trinity Financial staff for the African Library Project were picked up for delivery to a warehouse in New Orleans. From there, they will be put on a boat to Africa and their final destination, the Nguludi Secondary School. As the organization’s website states, “The African Library Project changes lives book by book.” We at Trinity are also changing lives — by providing affordable, secure, attractive communities in which to live. Here is a very small sampling of the books we collected.

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Orchard Gardens hosts Community Peace Walk

Residents, business owners and workers, and police gather for a Peace Walk

Orchard Gardens in Roxbury is hosting a Community Peace Walk, led by Resident Service Coordinator Suzeth Dunn, every Friday at 4 p.m. Members of the Twelfth Baptize Church and Boston Police Department officers walk with participating staff and residents to  take a stand against violence and to create a safe neighborhood for children, adults, business owners, and visitors.

The Community Peace Walk is an attempt to unite all who share the same vision of community peace. Every person, business, agency that wants to take a stand against violence and bring awareness of the issue is invited to join us.

Community violence must stop! It’s time to stop the violence that is killing our children and our communities. It’s time to come together as ONE, help each other build neighborhoods where each of us — kids, teens, adults, elderly, and business owners — can feel safe and secure from crime.

Would You Accept this Invitation?

Because every child deserves a safe and healthy childhood, no community can afford the cost of violence. Because a healthier, safer community benefits ALL OF US, join us every Friday at 25 Ambrose St, Roxbury, 4 pm. We walk with members of the Twelfth Baptize Church and Boston Police Department officers. Call Suzeth Dunn, 617-445-7881

 

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Boston East opens Leasing Office Aug. 1

Boston East rendering

Drum roll, please! The Boston East leasing office opens August 1 at the Atlantic Works Building, 80 Border Street, just a quick step or two away from the gorgeous new development that is sure to Wow all visitors.

There will be 26 affordable units here with six specifically intended for artists who want live/work/sell all in the same space. There will be another 174 market-rate apartments.

The usual quartz counters, walk-in closets, fitness center, fire pits, indoor/outdoor patio, and a doggie spa are a given for this luxurious place. See also the kayak and paddle board launch right out front, the gorgeous Harbor Walk, and the wonderful view. Many apartments have private patios or balconies. There is a rooftop gallery and a ground floor art gallery. The indoor parking garage is handy, as are on-site Zipcar and Hubway services. A concierge will attend to your needs, and package and grocery acceptance and storage should make living here a breeze.

To get to other places, walk 6 minutes to the Maverick T. Take a water taxi. It’s an easy ride to the Airport. And, downtown East Boston or Boston will provide all the cultural, retail, recreational, edible treats you might want.

The 26 affordable units are geared to those earning up to 70 percent of Area Median Income. Rents for the 11 one-bedroom affordable units are $1267 per month; for the 9 two-bedroom units, $1448 a month; for the 6 one-bedroom artist live/work/see units, $1448 a month.

Applications will be available at the leasing office. Call 617-Bos-East for more information.

 

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Appleton Mills is snuffing out smoke, and other news

Management at Appleton Mills, in Lowell, has made the decision to go smoke free as of Sept. 1, Community Manager Emily Mallette said, because of many complaints received over the years and, more importantly, to foster good health.

Trinity Financial renovated Appleton in 2011, creating 130 apartments featuring original brick walls, wood floors, high ceilings, and a fabulous art gallery on the first floor.

“Even after a smoker moves out, the smoke smell remains in the unit because the brick is so porous,” she noted. It is difficult to rid the unit of the smell, and resident artists have noted that smoke can discolor their canvases.

In addition, Appleton plans to ban e-cigarettes and possibly any candles, incense and open flames because the structure, per the fire department, could rapidly incinerate if a fire started. Continue reading

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