News: Brokerage

Mount Saint Mary College has partnered with MHCM to create new wellness center

Newburgh, NY Mount Saint Mary College has partnered with Mid Hudson Construction Management (MHCM) to create a wellness center on its Newburgh campus. The Desmond Center for Community Engagement and Wellness will provide medical and educational services for underserved individuals and families, including the uninsured.    

Funded in part by grants from the Mother Cabrini Health Foundation and New York State’s Higher Education Capital (HECap) program, the Desmond Center will offer educational workshops, family counseling services, fitness checks, immunizations, professional development events, and more for the local community. Once completed, the college expects the center to serve more than 4,000 residents per year. 

“The need for a facility like the Desmond Center is critical,” said Genesis Ramos, executive director of the Center. “Providing not only reactive medical services, but also proactive educational services, will be instrumental in supporting the long-term health and wellness of the community.” 

The Desmond Center will be located on campus, in what is currently the multipurpose Guzman Hall. Guzman Hall will be renovated by MHCM to become exam rooms for patients and offices for healthcare staff and students. MHCM will also construct a ground-up addition to an existing chapel, which will become a multi-purpose room. Stained glass from the chapel will be incorporated into the new design to preserve the character of the former structure.  

“Mount Saint Mary College’s mission to provide service-based community engagement is something that we value strongly,” said Ray Travis, president and CEO of MHCM. “We’re honored to help construct a facility that is built to attain those goals.” 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.