January 4, 2019, WOBURN, MA – The Dolben Company, Inc. (“Dolben”) is pleased to announce that the firm has assumed management of Regency Place, Regency West and Regency Heights, collectively known as The Regency Collection. Located in a heavily residential and apartment dominated sector of Manchester, New Hampshire, the properties are all 55+ communities. The client, Palmer Asset Management, is an affiliate of CPM (Construction Planning and Management); The Regency Collection represents Dolben’s fifth, sixth, and seventh management assignments for this client.
Regency Place consists of 82 units with a mix of one and two-bedroom apartment homes. Amenities include a fitness center, hot tub, lap pool, library, game room, underground heated parking and community center. There is also a sundeck overlooking the Merrimack River for the warmer months of the year. All kitchens, bathrooms, windows, sliders and common area carpet have been updated within the last five years.
Regency West consists of 60 units with a mix of one and two-bedroom apartment homes. Amenities include a fitness center, hot tub, game room, library, community room, outside patio and grill area, and underground heated parking. Two years ago, all units received new kitchens with stainless steel appliances and ceramic tile baths, kitchens and entranceways.
Regency Heights consists of 48 units with a mix of one and two-bedroom apartment homes. Amenities include a fitness center, hot tub, game room, library, community room, outside patio with grills and furniture, and underground heated parking. At turnover, units are being upgraded with ceramic tile floors in the kitchens, baths, and entranceways, as well as stainless steel appliances.
Thomas D. Senior Vice President, Management, noted, “We are delighted to be growing our relationship with Palmer Asset Management, and look forward to working with ownership to optimize these properties’ performance.”
About The Dolben Company, Inc.
With offices in Massachusetts and Maryland and more than 17,000 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.