Colony Retirement Homes
485 Grove St. Worcester, MA 11–50 employees 2 principals
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About Colony Retirement Homes
Colony Retirement Homes is a real estate operator headquartered in 485 Grove St. Worcester, MA.
Colony Retirement Homes is a nonprofit real estate operator that owns and manages five campus-style senior housing communities across central Massachusetts (three in Worcester and one in Holden). The organization was chartered in 1963. It delivered its first 61 apartments in 1968, and by 1982 had expanded to 389 units. In subsequent decades it has invested in refinancing and rehabilitation of existing communities, and in 2024 began redeveloping one of its oldest campuses (Colonies I & II) into four new buildings. Its real estate focus is on affordable senior rental housing, using federal subsidy programs and HUD financing. Colony acts as both landlord and property manager, maintaining common areas, providing security, managing maintenance tasks like snow removal, and coordinating resident services such as meals and service coordination.
Principals at Colony Retirement Homes
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