development projects

To increase value by expanding total living area, creating additional floors, or units with total rehab or new construction.

Average Investment Period: 6 month – 2 years

Total Development Value: ~$12,000,000

Total Number of Units: 26

01

70 Beechcroft St Brighton MA

Acquired Asset: Single family
Scope of Work: Torn down existing property and rebuild ground up new construction of three unit multifamily. Condo conversion.
Sold Asset: Three condos  
Completed Year: 2018

02

70 Bellingham St Chelsea MA

Acquired Asset: 11 condo portfolio + 1 condo
Scope of Work: Gut renovation and built out of two additional garden level units. Undo condo conversion.
Sold Asset: 14 unit multifamily brick building
Completed Year: 2018

03

11 Waverly Ave Everett MA

Acquired Asset: Single family
Scope of Work: Complete clean up and interior renovation
Sold Asset: Single family
Completed Year: 2020

04

132-134 Holton St Brighton MA

Acquired Asset: Two unit multifamily
Scope of Work: Complete gut renovation and addition of a third unit. Condo conversion.
Sold Asset:  Three condos
Completed Year: 2019

05

58 Cherry St Malden MA

Acquired Asset: Two unit multifamily
Scope of Work: Complete gut renovation and addition on third floor to increase second unit FAR. Condo conversion
Sold Asset: Two condos
Completed Year: 2021 

06

24 Kensington Ave Somerville MA

 Acquired Asset: Single family
Scope of Work: Complete gut renovation and third floor addition to increase FAR. Condo conversion
Sold Asset: Three condos
Completed Year: 2021

07

247 Chestnut Hill Ave #22 Brighton MA

Acquired Asset: One bedroom condo 
Scope of Work: Interior rehab of a one bedroom condo into a two bedroom condo
Sold Asset: Two bedroom condo
Completed Year: 2020