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!