June 26, 2017, WOBURN, MA – The Dolben Company, Inc. (“Dolben”) is pleased to announce that the firm has assumed the management of Cumberland Crossing, a 288-unit property in Cumberland, RI. Situated in the Town of Cumberland, the community is convenient to local restaurants and shops and is proximate to many large businesses. This marks the eighth property Dolben has taken on management for Jones Street Investment Partners, based out of Hingham, MA.
Dolben has a unique long-term knowledge of Cumberland Crossing, as it was developed by Dolben in 2000, and remained under management until 2005. Featuring one and two bedroom apartments, the current community amenities include a fitness center, dog park, putting green, swimming pool, and an onsite playground. The future plans for the property consist of redecorating the clubhouse and fitness center, and renovating the buildings and apartment homes with upgraded finishes. Rents at Cumberland Crossing start at $1,451/mo.
Thomas D. Beaton, Senior Vice President, Management, noted, “We are delighted to be expanding our relationship with JSIP, and to have returned to Cumberland Crossing. We are looking forward to applying our operational expertise to this beautiful community.”
About The Dolben Company, Inc.
With offices in Massachusetts and Maryland and more than 16,000 residential units throughout the New England and Mid-Atlantic regions, The Dolben Company, Inc. is built on a deep heritage of performance and stewardship. Since 1929, four generations of the Dolben family have upheld a proud tradition of unparalleled success and profitability, fulfilling the property and investment needs for a wide array of businesses, financial institutions, organizations and private investors. For more information on The Dolben Company, visit www.dolben.com.