2021: A Year in Review

2021 marks the 70th year of this company which inspired the rebranding of Corcoran Management Company into John M. Corcoran & Company. The One Company Committee worked extremely hard this year in the effort to merge management and development into one entity. Employees across the company enjoyed the reveal of our new corporate identity by smashing chocolate bombs to discover a sweet surprise with the new company logo inside. 

Although we are excited to see what the new year will bring, we are also happy to look back on all of our accomplishments in 2021. 

The Transition to Online Training

John M. Corcoran & Company launched the company-wide online training program from Edge2Learn which has been very effective for all of our new and existing employees. Edge2Learn has proven to be particularly helpful for new leasing consultants to learn some skills before they experience in-person training. The Edge2Learn platform is extremely engaging with interactive features that make learning easy and enjoyable. 

2021 Lease Ups  

Millside at Heritage Park

John M. Corcoran & Company's first experience with a 55-and-over community has already proven to be a success. Lease up began in June for Millside at Heritage Park and it is already 93% leased. We made it easy for prospects to navigate our website and to get a feel for this community through the photo gallery, virtual tours to step into our lobby and fitness center, and a video of our model apartment to see how they can call Millside home. This property features spacious one and two bedroom apartments as well as luxurious amenities. Located near a serene river and walking trails, living at Millside feels like a constant breath of fresh air. 

One Wall Street

One Wall Street was a remarkable success as it only took six months to reach stabilization thanks to the incredible leasing and managing staff on-site. Boston and Providence are easily accessible by car or public transportation as One Wall Street is located right next to the commuter rail. This modern community has chic one and two bedroom apartment homes featuring open concept kitchens with breakfast islands, stainless steel appliances, and wood-style planking for hosting your own gourmet dinners. Hit the heart of Downtown Attleboro in minutes to visit several local restaurants and shops all within a mile of home. One Wall Street lets you experience the hustle and bustle of city life while giving you the perfect place to return home to so you can kick back and relax.

Acquisitions

The Stō

John M. Corcoran & Company acquired Taj Estates and renamed it The Stō in 2021. Subsequently, the exterior siding has been replaced and a new clubhouse is currently in the works. We are looking forward to the Spring as there will be further improvements to the outdoor amenities with outdoor firepits and lawn games for residents to enjoy during the Summer months. 

Munroe Place Apartments

We also recently acquired Munroe Place Apartments located in Quincy, MA. This is a great building conveniently located near public transportation right out the back door and it is steps away from Quincy Center. John M. Corcoran & Company is already in the process of making renovations to amenity spaces in addition to updating apartment homes.  

Sustainability Achievements

John M. Corcoran & Company continues to implement sustainability efforts across the portfolio. Energy conservation is a top priority with the installation of High Efficiency Boilers, LED lighting and Low Flow Water Fixtures in our apartment homes. We have also made substantial efforts to achieve LEED and Energy Star Certifications across the portfolio to make our apartment homes not only more eco-friendly, but also more cost effective for our residents.

Union & West located in Walpole received a LEED Gold Certification in 2021

The Return of Resident Events

The properties were excited to get back into the swing of hosting resident events this year. From movie nights, themed contests, and Holiday parties to puppy pool parties, all of our residents and staff were delighted to be together and to enjoy each other's company. A big round of applause goes out to our leasing and maintenance teams who always go above and beyond to provide the best living experience for our residents with their exceptional efforts on a daily basis. 

Cookie Decorating at The Heights Amesbury

Ice Cream Social Sponsored by Xfinity at Faxon Commons

"Trunk-or-Treat" Event for Halloween at The Commons at Boston Road 

Four-legged Residents Enjoying the "Puppy Pool Pawty" at The Ledges

Philanthropic Efforts

Charitable giving has always been a core element of this company thanks to our founders, John M. Corcoran and P. Leo Corcoran. John M. Corcoran & Company continues to support Caritas Communities at the annual gala. This organization was founded by P. Leo Corcoran and it aids in the effort to prevent and reduce homelessness by providing affordable housing. The spirit of giving back continues well into the seventieth year of this company with food, coat, and toy drives throughout the Holiday season to collect donations for local charities. 

Anthony, Leasing Consultant at Southfield Commons, Thanking Residents for Their Donations 

Instagram  Appreciation Post for Manny and Evelt from Station Row 

Educating and Appreciating Our Staff

We were happy to return to Kimball Farms this year for our company-wide outing as a day of appreciation for all of our employees. Staff got to enjoy a beautiful day spent outside playing games, feasting, and connecting with one another. 

Staff Photo at Kimball Farms

John M. Corcoran & Company is known for its award-winning management that continues to improve more and more each year. Managers had the opportunity to gather at the Four Points by Sheraton to review past, present, and future efforts across the company. Managers learned about different strategies and tactics in breakout sessions to improve their workplace environments and they were left inspired after listening to our guest speaker, Connie Podesta, who provided some key advice to everyone.

Portfolio Directors with Connie Podesta

Looking Forward to Feelin '22!

John M. Corcoran & Company has made a tremendous amount of accomplishments despite the many challenges that 2021 threw at us. The success of this company lies in our incredible staff who work tirelessly to provide outstanding service everyday. 

Thank you to all of our employees who make this such a wonderful company to be a part of and contribute to the growth that would make our founders, John and Leo, so proud.  

Although this officially brings 2021 to a close we look forward to kicking off 2022 and experiencing all the prosperity that it will bring. 

Introducing Munroe Place Apartments in Quincy, MA

John M. Corcoran & Company recently acquired Munroe Place Apartments located in Quincy, MA. This property consists of 111 apartment homes and 10,000 square feet of retail space on the ground level. Munroe Place provides the ultimate living experience with the perfect blend of convenience and historic charm.   

This community is located steps away from the MBTA Quincy Center Station with access to the Red Line and Commuter Lines. You can get to downtown Boston in minutes by train or jump on the highway as Munroe Place is conveniently located near Routes 1, 3, 128, and I-93. 

Munroe Place offers the best of both worlds with convenient access not only to the big city, but also to the hub of Quincy Center. Step outside the doors of Munroe Place and you will find Starbucks right next door to grab that cup of coffee before you hit the train or take a stroll down to the beautiful water fountain at Quincy Square Park. Quincy has a quintessential New England feel that makes you feel right at home and the city center has plenty to offer with shops, restaurants, activities, and several historical attractions. 

One-bedroom Floor Plan

Quincy Square Park

Two-bedroom Floor Plan

This community offers spacious one-bedroom and two-bedroom apartment homes. Each apartment features an in-home washer and dryer, a dishwasher, extra storage space, and oversized closets to fit all of your belongings and if that's not enough additional storage units are also available for our residents. 

One-bedroom Floor Plan

Two-bedroom Floor Plan

There are countless community amenities included such as a fitness center, garage, bike racks, on-site maintenance, a business center and kitchenette, controlled access, and package receiving, all of which are professionally managed. 

Community Room and Business Center

John M. Corcoran & Company is already working on making even more improvements to this community by upgrading all apartments and redecorating all common areas to establish Munroe Place as the newest member of the portfolio.   

Aside from the luxurious amenities, recycling, heat, and hot water are also included in rent here at Munroe Place. What more would you need for your next apartment home? Look no further and join our community at Monroe Place today for a new home that will suit all of your needs.     

Making Spirits Bright This Season

The Corcoran Connections committee aims to connect employees across the company by providing them with new opportunities for greater engagement and participation. The committee recently challenged all of our properties to support a charity of their choice to contribute to this Holiday Season. Corcoran Connections is tracking the various types of charities that our properties are receiving collections for and donating to this year. Although the giving started in November with Thanksgiving, properties are continuing to give back throughout the duration of the Holiday Season. 

One Wall Street located in Attleboro, MA chose to support One Warm Coat. One Wall Street is running a coat drive to collect lightly used coat donations so everyone can stay warm this winter. Although Village Green is in Littleton, MA, their residents' donations will be reaching a number of other communities in the surrounding area. Village Green chose to start a food and personal care item drive for the Westford Food Pantry. This food pantry is unique as residents of Westford, Littleton, Billerica, Chelmsford, Dracut, and Tyngsboro all have access to it. 

A child receiving a new coat. Photo from One Warm Coat website

Donations for Westford Food Pantry. Photo from Westford Food Pantry website

Halstead Manchester got in on the season of giving by accepting donations on behalf of a local charity called Families in Transition in Manchester, NH. This is a fantastic organization that operates shelters, dining services, a food pantry, and offers substance abuse treatment services. The decision to choose this organization illustrates Corcoran Management Company's interest and constant efforts to aid in the fight against homelessness.   

Statistics of Meaningful Impact Made by Families in Transition

Union and West, Weymouth Commons, Beverly Commons, and our corporate office are all participating in Holiday toy drives for several different charities. Union and West is donating collections to the Walpole Police Department's toy event while Weymouth Commons is giving toys and gifts to The Friends of the Homeless of the South Shore's Christmas Shop. Beverly Commons is supporting Toys for Tots and this will be the 10th year in a row that the corporate office is donating toys to the Salvation Army due to such substantial contributions every year.    

Together we have the power to make an impact on communities both near and far. Corcoran Management Company embodies a strong philanthropic spirit which has been inspiring not only to our employees, but also to our residents across all of our communities. Are you seeking to be a part of a community or a company that advocates for serving others all year round? Visit our website to discover the next step in your career or to find your dream apartment home today!

CMC's Holiday Kickoff

Corcoran Management Company began the holiday season with different acts of kindness across all of our properties. All of our staff and residents possess such a great sense of community and they conveyed their thanks through several outlets of giving throughout the last few weeks.

Staff from the Residences on Broadway 

Staff from Faxon Commons wishing everyone a Happy Thanksgiving

Several of the properties collected Thanksgiving food donations for local food pantries so everyone could celebrate the day with their favorite traditional dishes. Staff and residents from Weymouth Commons and Stone Run East Apartments collected donations for Weymouth Food Pantry's Thanksgiving food drive. Parkside Commons also collected several bags worth of food to donate to The Greater Boston Food Bank. Station Square residents filled bins with donations for the Mansfield Food Pantry and the Mansfield Animal Shelter as our furry friends deserve to indulge in their own Thanksgiving feast too!   

Staff from Weymouth Commons and Stone Run East at Weymouth Food Pantry

Donations from Parkside Commons for The Greater Boston Food Bank

Collections from Station Square for the Mansfield Food Pantry and Animal Shelter

Many properties expressed how thankful they are for their residents. One Wall Street staff even bought some sweet treats and festive accompaniments for their residents to show their gratitude. 

Halstead Manchester ran a Thanksgiving contest for residents to fill out a coloring page and write about what they are thankful for this year and the winner will receive a special prize. The staff also picked up some coffee, juice, and delicious pastries for their residents to recover and recharge after the Thanksgiving holiday and Black Friday shopping.

The Mastlight has seen the flow of packages starting to increase with Black Friday deals and Cyber Monday sales fueling the start of the gift giving season. The staff assembled a great grab-and-go basket for delivery drivers to thank them for their extraordinary efforts, especially during this time of year.   

Here at Corcoran Management Company we are thankful for our colleagues, our residents, and our communities that make this company so special. 

Are you looking for a vibrant community that wants to celebrate and give thanks by your side? You can end your apartment hunt now and join us today! Please see our website to see which location and apartment home best suits your needs. 

Do you want to work for a company that you are thankful for? Check out our careers page to become a member of our team!

CMC Supports Caritas Communities' 36th Annual Gala

Corcoran Management Company has supported Caritas Communities since its founding by P. Leo Corcoran in 1985 who was also a partner in Corcoran Management Company at the time. The inception of Caritas Communities stems from Leo's concern for the increasing rate of homelessness in the Greater Boston in the 80s. The word caritas is a Latin word defined as, "Christian love of humankind; charity". This is the perfect word to describe not only this organization as it is a 501(c)(3) nonprofit, but also Leo himself as he had a passion to help humankind. 

P. Leo Corcoran started Caritas Communities in the effort to alleviate homelessness and to aid in the prevention of this issue in the future. According to the Caritas Communities website, "Mr. Corcoran organized a Board of Directors who shared his belief that homelessness could be prevented through affordable housing. The Board chose the Single Room Occupancy (SRO) as its housing model with a focus on low- and extremely low-income working people. Conceptually, the Board felt that if Caritas were able to offer housing that was newly renovated, well managed and geared to meet the needs of the residents, then a stable living environment could be created for people who couldn’t make a living wage." Leo had a unique vision to specifically address low-income individuals who do not have access to affordable housing otherwise. He designed Caritas to support motivated working individuals who will use Caritas as the first stepping stone away from homelessness and toward a stable lifestyle with consistent shelter and support.  

P. Leo Corcoran, Founder of Caritas Communities

The first Caritas property is located in Quincy, MA and it continues to serve residents today. However, the portfolio of residences has grown to 30 locations across the Boston area which house over 1,000 individuals. This organization has brought thousands of people out of homelessness and into a place that they can call home. 

The First Caritas Property Located in Quincy, MA

Caritas Communities celebrated its 36th anniversary with its annual gala that was held on a virtual platform this year. The live-stream program involved the recognition of the P. Leo Corcoran Humanitarian Honoree, hearing the story of a Caritas resident, as well as a live auction to raise money for the organization. Quincy Miller, the President of Eastern Bank, was the 2021 recipient of the P. Leo Corcoran Humanitarian award for his efforts to help those who are less fortunate. Miller has dedicated his time to focus on the intersections of racial equity and income inequality through professional and personal volunteering efforts which are noted on the Caritas Communities website. 

Quincy Miller, President of Eastern Bank

The Caritas resident gave a moving speech about his experience of homelessness and his transition into a stable living environment in his Caritas home. He was taken off the streets of Boston and given a room that he was able to call his own. He received support from resident services to get back on his feet and now he has a job with a steady income and benefits as well as a place to come home to. He even saved up his money to get his license and buy his very own car. This goes to show that Caritas Communities has the incredible ability to turn people's lives around.   

Statistics Collected by Caritas Communities

Although the gala could not be held in person, Caritas sent a gourmet dinner box to every person who registered to attend. Each box was made for two people so each guest could invite a friend to join them to celebrate the occasion together. The outstanding dinner box was catered by Max Ultimate Food and it included a delicious first course of a salad and housemade breadsticks that guests could munch on at the start of the event. The entrees consisted of several mouthwatering options such as seared filets of Halibut, wood grilled beef tenderloin, shaved king oysters, or seared cauliflower steaks accompanied with a bottle of Gnarly Head wine. The gourmet meal concluded with curried carrot cake with cream cheese mousse for dessert. This effort highlights how much Caritas cares about its supporters just as much its residents which makes it such a wonderful organization to be a part of.

The ongoing success of Caritas Communities lies in its dedicated supporters who share Leo's goal to prevent homelessness. Please click here if you would like to take the opportunity to aid in the effort to prevent homelessness because everyone deserves a place to call home. 

Are you looking to work for a company that has a passion for helping humankind? Visit our careers page and become a member of our Corcoran community today! 

CMC's Momentous Manager's Meeting Marking 70 Years!

Corcoran Management Company just held it's annual Manager's Meeting last week at the Four Points by Sheraton in Norwood. However, this was no ordinary meeting because it marked a momentous occasion as the company celebrated it's seventieth year of business. The day began with a welcome introduction by Kevin Young, the President of Management, as well as Nancy Gaudet, the Vice President of Management. 

Kevin Young, President of Management

Nancy Gaudet, Vice President of Management

Cynthia Buckley, the Director of Sales and Marketing, spoke about the history of Corcoran Management Company as it never fails to acknowledge the roots of its humble beginnings. The company was founded in 1951 by John M. Corcoran who quickly partnered with his brother P. Leo Corcoran and they became a dynamic duo as pioneers in the real estate industry. Although John and Leo have passed, they continue to be beacons of light that ignite our company's passion to succeed in this field.

Cynthia Buckley, Director of Sales and Marketing

Employees also had the opportunity to hear from Connie Podesta as the motivational keynote speaker for the event. She touched on aspects of leadership management and the value of understanding different personality types. She emphasized that everyone on a team should feel willing and able to do their job which ultimately results in greater levels of performance and success. Connie helped us get to know the strengths and weaknesses of our own personalities, whether we liked to hear them or not! Connie made us realize that we all need each other to make a great team regardless of how different we all may be.

Connie Podesta with the Portfolio Directors

The Portfolio Directors presented a new policy called the '10 C's' of Corcoran to ensure that all of our properties look crisp, clean and professional for our prospects on a daily basis. We aim for perfection when it comes to serving our current and future residents and that starts with consistency. This policy will hold all properties accountable in order to maintain a desirable living environment for all. 

Chris Butkovich, Portfolio Director

Employees spent the latter half of the day learning about more management tactics in four different breakout sessions. The 'How to Build Your Dream Team' session paired nicely with aspects of Connie's speech as it focused on the significance of each manager's role and the responsibilities that come with it. However, managers must work together with their teams in order to improve efficiency and performance. Anna Nasab, Jaime Wight, and Jeanmarie O'Brien taught us about open communication, alignment, creativity and innovation, ownership, organization, competencies, accomplishment, and learning, sharing, and caring through the team development wheel that they created. The team encouraged managers to come up to spin the wheel and tell the group about one of their work experiences that related to the topic they landed on.

Anna Nasab, Jaime Wight, and Jeanmarie O'Brien

The 'Maintenance Musts' session was led by Gary Saltmarsh, Director of Maintenance Operations. Gary, Jeff Callahan, and Chuck Miles discussed important topics such as the bidding protocol, billing, safety, incident reports, snow removal, leak logs, training, work orders, and preventative maintenance to keep our properties in tip top shape.

Gary Saltmarsh, Director of Maintenance Operations

The third session called, 'Technical Difficulties', was interactive and managers could choose what technological tips and tricks they wanted to learn about. Sebastian Quevedo and Jim Krotz focused on sharing tips for Outlook, Microsoft Teams, SharePoint, and Cybersecurity. 

Jim Krotz, Affordable Systems Manager, and Sebastian Quevedo, Digital Marketing Manager

The final session was all about 'Community Connection' and how significant it is to have a strong social media presence and to host fun resident events throughout the year. These efforts maintain resident engagement which leads to greater retention and also draws in new prospects.

Jenna Canava, Amber Lena, and Kelli Ahearn-Lucas

The day came to a close as managers were able to relax and enjoy happy hour to commend them for their constant efforts to improve this company just as John and Leo would have wanted.  

A special thank you to our staff members who spent countless hours thoughtfully preparing for every aspect of this event. The day was a great success as it left our managers feeling empowered and ready to take their teams to the next level with all of the advice and guidance that they received. Another thank you to the staff at Four Points Sheraton for providing such a wonderful venue, delicious food, and excellent service.  

Do you strive to be a part of a company that values exceptional leadership management? Take a look at our careers page to become a member of our team today! Check out our communities page to experience what it is like to live in a home managed by a team who prides itself on outstanding service.