A Sharp Focus on Value-Added Investment and Acquisition
National Development is actively pursuing the acquisition of office, industrial, retail, hotel and multi-family properties on behalf of Charles River Realty Fund I, its $170 million closed-end fund. We’ve been one of the most active investors in the Boston market with acquisitions including a downtown office portfolio, two suburban office parks, a corporate headquarters building and several hotels. We are also pursuing development opportunities, with a current focus on multi-family, retail and senior housing.
Throughout our history we have pursued outright acquisitions and have been involved in numerous joint ventures with property owners. Our team has the experience to understand an existing asset, the creativity to identify value-added opportunities, and the structure to execute on those opportunities.