RESPONSIBLE NEIGHBORS x GENERATIONAL FOCUS

INNOVATIVE REAL ESTATE
TECHNOLOGY ENABLED DEVELOPMENT

Who we are

INNOVATIVE REAL ESTATE: DEVELOPERSINVESTORS, BUILDERS, MANAGERS

Generational Focus

We build and redevelop real estate projects to benefit the urban fabric for the long term, through market ups and downs.

Institutional Process

Our extensive diligence process relies on a disciplined but progressive approach, providing for surety of execution and neighborhood buy-in.

Forward Thinking

Deals are put together in novel ways—technology, sustainability and community unlock value for stakeholders.

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Our investment strategies

A MODERN INVESTMENT APPROACH

COVERED PRIME

High-profile sites in supply-constrained markets that are prime candidates for future redevelopment, but have a source of current income

LEVERAGE : Low
CAPITAL TYPE : Patient
CASH RETURNS : Moderate

CORE+

Stabilized, generational assets bought below replacement-cost with attractive leverage, strong tenancy and potential for future rent growth

LEVERAGE : Moderate – High
CAPITAL TYPE : Patient
CASH RETURNS : High

REPOSITIONING

Adding value to underutilized properties through capital improvements, changing use or institutional leasing and property management

LEVERAGE : Low – Moderate
CAPITAL TYPE : Opportunistic
CASH RETURNS : Moderate – High

Representative Projects

OUR PORTFOLIO

Historic Luxury Apartments

Location: Charlestown, Boston
Strategy: Core+
Acquisition: 2017
Role: Sponsor

Mixed Use Luxury Lofts

Location: South End, Boston
Strategy: Repositioning
Acquisition: 2016
Role: Sponsor

Workforce Housing

Location: Sheridan, CO
Strategy: Repositioning
Acquisition: 2016
Role: Partner

Luxury Apartments

Location: Dobbs Ferry, NY
Strategy: Covered Prime
Acquisition: 2016
Role: Advisory

Workforce Housing

Location: Dorchester, Boston
Strategy: Core+
Acquisition: 2016
Role: Sponsor

Mixed Use Luxury Lofts

Location: Chelsea, MA
Strategy: Covered Prime
Acquisition: 2016
Role: Sponsor

Historic Luxury Condominiums

Location: Beacon Hill, Boston
Strategy: Repositioning
Acquisition: 2016
Role: Partner

Urban Retail

Location: Roslindale, Boston
Strategy: Covered Prime
Acquisition: 2016
Role: Sponsor

Workforce Housing

Location: Dorchester, Boston
Strategy: Repositioning
Acquisition: 2015
Role: Sponsor

Workforce Housing

Location: Dorchester, Boston
Strategy: Repositioning
Acquisition: 2015
Role: Sponsor

Historic Luxury Apartments

Location: North End, Boston
Strategy: Repositioning
Acquisition: 2015
Role: Partner

Workforce Housing

Location: Brighton, Boston
Strategy: Core+
Acquisition: 2015
Role: Sponsor

Workforce Housing

Location: Chelsea, MA
Strategy: Core+
Acquisition: 2015
Role: Sponsor

Historic Luxury Apartments

Location: Bay Village, Boston
Strategy: Covered Prime
Acquisition: 2014
Role: Sponsor

Workforce Housing

Location: Chelsea, MA
Strategy: Repositioning
Acquisition: 2014
Role: Sponsor

Workforce Housing

Location: Lynn, MA
Strategy: Core+
Acquisition: 2014
Role: Sponsor

Retail & Parking Lot

Location: Bulfinch Triangle, Boston
Strategy: Covered Prime
Acquisition: 2014
Role: Sponsor

Medical Office

Location: Dartmouth, MA
Strategy: Core+
Acquisition: 2013
Role: Advisory

Fractured Condominiums

Location: Gramercy Park, New York City
Strategy: Core+
Acquisition: 2011
Role: Sponsor

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Our partners and friends

ECOSYSTEM

Mutually beneficial relationships are integral to the success of any real estate project. Our Principals have developed a network of innovative lenders, service and sustainability providers, contractors and property managers that assist us in sourcing, operations and financing.

GENERATIONAL FOCUS. INSTITUTIONAL PROCESS. FORWARD THINKING.

WHAT’S HAPPENING

RECENT NEWS

August 2016
June 2015
May 2015
March 2015
November 2014
October 2014
October 2014
August 2014
August 2014

How we operate

OUR VALUES

We’re farmers, not hunters

Long term relationships are paramount. We don’t care about the short term kill and ensure mutually beneficial relationships.

Crave simplicity and automation

We are at the forefront of real estate technology and use automation to run our properties, reduce expenses and increase returns.

No suitcase investing

Local knowledge is vital. We only invest in assets that are located in markets that we can easily visit and fully understand.

Sustainability

We believe in the triple bottom line and use pioneering sustainable practices to operate our assets.

Margin of safety

We use prudent leverage, stress tests and conservative capital cushions. We can explain our investments on the back of an envelope.

Engaged Neighbors

Generational ownership ensures that we are responsible and involved members of the community.

ACCESS TO A GREAT PROJECT?