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Boston & New England  + Metro Boston  + Healthcare  | 

Port One, Tiderock Will Co-Develop $190M Senior Living Project in Holbrook

Tiderock Companies and locally based Port One Companies have signed a letter of intent to co-develop a proposed 410 residential unit senior living facility located on a 48-acre parcel in Holbrook, MA, approximately 15 miles south of Boston. The project’s estimated cost is $190 million. 

As co-developer, Tiderock Companies will provide operational support and oversight including but not limited to project management, marketing, budgeting, product mix, review of and negotiations for limited partner equity and debt. The developer has entered into contract to purchase the 48-acre parcel for $19.065 million. 

Tiderock CEO Thomas Fore said, “We are excited about this opportunity to provide support to the developer in connection with this project and look forward to building long-term working relationship with them.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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