About Us

40 Years of Transformative Projects

National Development is a vertically integrated real estate investment, development, and management company. For over 40 years, we’ve been one of Boston’s leading firms, investing across the Northeast and helping shape communities through a legacy of transformative properties. Known for delivering long-term value, we thoughtfully navigate complexity with creativity and the deep experience of our team. To date, we’ve developed and/or acquired more than 40 million square feet across a diverse range of property types and manage over $6 billion in assets through a series of fully discretionary real estate investment funds.

Investment

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National Development manages over $6 billion in assets through fully discretionary real estate funds backed by endowments, institutions, family offices, and high-net-worth individuals. We invest in properties with strong potential for value creation through repositioning, redevelopment, or ground-up development.

Development

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Our team leads projects from acquisition through construction and stabilization, combining market insight with expertise in planning, permitting, design, and financing. We bring deep experience across a wide range of property types, from multifamily and senior housing to industrial, retail, and mixed-use.

Management

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Our property management team oversees nearly 8 million square feet of commercial, industrial, multifamily, and retail space—including over 2,800 apartment units. We focus on maximizing asset value through proactive leasing, strong tenant relationships, community engagement, hands-on maintenance, and clear financial reporting.

Our Mission

We transform projects into vibrant communities—navigating complexity with creativity, generating long-term value for investors, and making a meaningful impact in the places we invest and develop.

Our Values

Collaboration

Collaboration is at the heart of everything we do, both internally and externally. By working closely with cities, towns, and partners, we turn visions into realities and projects into thriving communities. Our greatest strength is our people—a team of 250 professionals with deep expertise across investment, development, management, and all property types.

Community

Each year, we support nearly 60 nonprofits through financial contributions, pro bono project management, and volunteer service. Our leaders serve on key nonprofit boards, fostering civic engagement. Through long-standing partnerships with organizations such as the Community Foundation for MetroWest and Heading Home, we proudly give back to the neighborhoods where we live and work.

Creativity

We do hard things—blending creativity with strategy to bring ambitious ideas to life. Whether it’s through innovative deal structures or creative placemaking, we pride ourselves on thinking outside the box and unlocking the full potential of every project. By drawing inspiration from history, sound planning principles, and the voices of the community, we create practical, high-impact projects that stand the test of time.

Media

Awards

2014

  • Building Impact Silver Impact Award

2013

2011

  • NAIOP Distinguished Real Estate Award

  • The American Consulting Engineers Council of Massachusetts, Excellence Award

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