132 CHESTNUT HILL AVENUE
Nolan Sheehan Patten represented the equity investor Wells Fargo in connection with a $20 million financing of 61 new construction senior housing units in Brighton by 2Life Communities (formerly Jewish Community Housing for the Elderly). The new 54,000 square foot building will include on-site support and amenities for 2Life Communities residents, retail and commercial space, and 21 on-site parking spaces. Seven units will be reserved for formerly homeless seniors and five units will be reserved for seniors with lifelong disabilities. An enclosed pedestrian bridge will connect the new development to 2Life Communities existing 700-unit campus, creating a rich and inclusive living environment for the residents. The Harry and Jeanette Weinberg House will open in the fall of 2018.
Practice Areas: Low-Income Housing Tax Credits
Client Types: Investor
Project Type: Affordable Housing, Mixed Use Complex