Media
As Boomers Age, 55-plus Communities Increasing in Central Mass.
In just over a month of living at Avenu at Natick, Elaine and William Murphy have become friendly with other retired neighbors, thanks to a mix of activities at the new residential community meant to help them stay active. “The socialness of it was a big sell for me,”...
National Development Combines with Charles River Upon Close of $400M Funding Round
Charles River Realty Investors announced that it has closed its $400 million Fund 4. In conjunction with the closing of the fund, the firm announced that it was combining with National Development to form a seamless, vertically-integrated real estate investment,...
Boston, Meet Co-living: The New Housing Alternative with Shared Spaces
Living in a big city has it's pros and cons, but for the most part, finding decent, affordable housing is an issue many people are faced with. The concept of co-living, or sharing a common space with strangers while still living in your own private room, has come up...
BBJ Calls Out Ink Block as “Shining Example” of Placemaking and Live-Work-Play Mixed-use Development
Developers see a 'perfect opportunity' in Boston's South End There's no local development more often cited as an example of the real estate concept of "placemaking" than Ink Block in Boston’s South End. The six-building complex that opened about five years ago and...
National Development closes on 156-unit Marlborough apartment complex
On August 22nd, National Development closed on the purchase of Avalon Orchards in Marlborough, MA. Built in 2002, the 156-unit apartment complex, which will be renamed Orchard Apartments, is located on nearly 23-acres on Boston Post Road. Orchard Apartments consists...
Underground at Ink Block Murals Featured in Boston Globe Cover Story on Public Art
by Murray Whyte, Boston Globe, July 27, 2019 ...“Underground at Ink Block,” in the South End, may not make any grand political statement — it’s a growing collection of street art under I-93 — but just by being here, in an uncared-for slice of the city, it does. It...
Andrew Gallinaro Named Partner
Andrew Gallinaro has been promoted to Partner, Director of Asset Management. Andrew joined National Development in 2010 as part of its acquisitions team and, in 2016, became Senior Vice President, Director of Asset and Property Management. Managing a team of nearly...
ND Plans ‘Transformative’ Mixed-use Development on 10 Acres in South Boston
Lower Newton Falls-based real-estate firm National Development is in the early stages of planning a large-scale mixed-use project on at least 10 acres in South Boston located between the Broadway and Andrew MBTA stations. That area, primarily a stretch between...
Turning to Adult Dorms, Libraries, Rentable Attics to Help Solve Boston Housing Crunch
It has been one disappointment after another for Maxwell Sparr of Brighton. For months he has been searching for a house or a condo in Boston. "This is the fifth or sixth property that I have lost out on," he said, pointing out a perfectly manicured duplex in...