Developments > Traditions of Dedham Assisted Living
In addition to housing, this new, 95-unit assisted living facility on Washington Street will provide services such as adult day-care and amenities like a media room, a barber shop and a beauty salon. Twenty percent of the units will be affordable and 14 units will house patients with Alzheimer's. Norwood Cooperative Bank participated ($2,500,000) in this loan.
Traditions of Dedham Assisted Living
Project at a Glance:
Location:
Dedham
Development Type:
Senior Housing,Rental
MHIC Financing:
$8,290,000 in debt financing
Sponsor:
McNeil Real Estate
Number of Units:
95
In addition to housing, this new, 95-unit assisted living facility on Washington Street will provide services such as adult day-care and amenities like a media room, a barber shop and a beauty salon. Twenty percent of the units will be affordable and 14 units will house patients with Alzheimer's. Norwood Cooperative Bank participated ($2,500,000) in this loan.