Colony Retirement Homes
Worcester, MA 11–50 employees 2 principals
Last updated
About Colony Retirement Homes
Colony Retirement Homes is a real estate operator headquartered in Worcester, MA. Colony Retirement Homes operates in Worcester, Massachusetts. Its investment focus is on Affordable Housing and Senior Housing.
Colony Retirement Homes is a nonprofit real estate operator established in 1963, bringing over 60 years of operational history to the senior housing sector. The organization owns and manages five campus-style senior housing communities, encompassing three locations in Worcester and one in Holden, Massachusetts. Having delivered its initial 61 apartments in 1968, the firm expanded its portfolio to 389 units by 1982 and continues to modernize its portfolio, including a major campus redevelopment initiative launched in 2024 to rebuild aging assets into modern facilities. The enterprise specializes in affordable senior rental housing, utilizing federal subsidy programs and HUD financing to maintain accessible housing options for older adults. Operating as both landlord and property manager, it oversees comprehensive property operations—ranging from common area maintenance and security to snow removal—while coordinating vital resident support services such as nutritional meal programs and dedicated service coordination.
Principals at Colony Retirement Homes
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