CASCAP
In 2019, HRI partnered with CASCAP, a long-time owner-operator of supportive housing, to upgrade CASCAP’s portfolio. HRI brought CASCAP’s properties under management in 2022. We provide professional property management through Wingate Companies and have improved the portfolio’s quality with recapitalization and sustainability measures. CASCAP’s scattered-site, supportive housing portfolio includes 241 apartments spread across 22 buildings in Cambridge, Somerville, Newton, Watertown, and Lowell. Historic and energy-efficiency rehabs are underway, including converting one single-resident occupancy (SRO) building into “enhanced” SROs with added individual bathrooms and kitchenettes.