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Marksdale Gardens Cooperative under new management

by Elizabeth Kanzeg Rowland

Image courtesy of Peabody Properties

Peabody Properties expanded its residential real estate portfolio, acquiring the Marksdale Gardens Cooperative in Roxbury.

The multifamily property, located at 2 Crestwood Park, has been a community fixture since the 1960s and offers 178 units of income-restricted housing.

Amenities include a playground, community room and green spaces. Residents have nearby access to public transportation and Roxbury businesses.

“We’re delighted to welcome Marksdale Gardens Cooperative to our portfolio and to play a role in supporting its community enhancements,” said Melissa Fish-Crane, principal and CEO of the Peabody Companies. “At Peabody Properties, we are deeply committed to ensuring that residents have access to well-maintained, affordable housing that fosters a sense of belonging and stability.”

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