A Sharp Focus on Value-Added Investment and Acquisition
National Development is actively pursuing the acquisition of office, industrial, retail, hotel, senior housing and multi-family properties. We are dedicated to enhancing the built environment in our communities and are constantly evaluating a wide variety of development opportunities. The firm invests through our investment management platform Charles River Realty Investors, which sponsors a series of investment funds formed to make value-added real estate investments. We are currently investing our Charles River Realty Fund III, a $290 million fully discretionary closed-end fund.
We are focused exclusively on the New England market, with a primary focus on metropolitan Boston, and we are one of the most active investors and developers in the region. This market presence provides a competitive advantage in the form of propriety market knowledge and we pride ourselves on the depth of our relationships with community leaders, tenants, brokers, lenders and fellow real estate investors. Throughout our history, we have creatively pursued acquisitions and we have extensive experience structuring acquisitions with joint venture partners and corporations. Our vertically-integrated platform and the strength of our team allows us to maximize value at every stage of an asset’s life cycle, including sourcing, financing, design, construction, re-positioning, marketing, leasing and property management.