Past Projects
The following projects were led by SLV managing partners while they were at their prior real estate investment firms.
John Hancock Tower
200 Clarendon, Boston, MA
Repositioning and sale of Boston’s iconic 1.8 million square foot John Hancock Tower after its previous owner put the landmark property into foreclosure.
- $80 million capital improvement plan, addition of a 170-space executive parking garage beneath the building, renovation of two lobbies, extensive improvements to the 2,300 space Clarendon parking garage, and addition of a 20,000 square foot Blue Glass café.
- Successfully negotiated 250,000 square foot lease for anchor tenant Bain Capital.
- Asset sold for $930 million, returning a $180 million profit to investors in just 24 months.
TRIP ADVISORS GLOBAL HQ
Needham, MA
Led lease negotiations, project design, financing, development and construction of 290,000 square foot project
- 2.5 million square foot anchor project at Founders Park.
- Secured $2 million in MassWorks grants from the state to make key improvements to address the impact of additional traffic and secured tax incremental financing (TIF), which secured Trip Advisor’s commitment to the project.
- Directed the design, budgeting and development process.
- Sold project to an institutional investor for $36 million profit.
TROY BOSTON
Boston, MA
Co-developed pioneering 378-unit multi-family project that served as a catalyst for further redevelopment of the South End neighborhood
- $160 million ground-up development in Boston’s South End.
- 20-story tower with an 11-story mid-rise residential building featuring restaurant space and amenity spaces, pool and parking.
- Acquired the 1.3 acre parking site, with partner Gerding Edlen, and leveraged strong alignments with union-based investment funds, which helped capitalize the project.
- Actively worked with Boston planning agency (BPDA) on the Albany-Harrison Corridor master plan.
THE TERRACES
Newton, MA
- Features 48 luxury townhouse style units on 12 acres of land minutes away from Chestnut Hill and Newton Centre.
- Units ranged from 2,580 to 4,100 SF.
- Closing sales prices ranging from $1.8 million to $3 million.
77 COURT STREET
Newton, MA
- Features 36 luxury condominiums in a single four-story wood-framed building over a podium parking garage.
- Development included 1BR, 2BR and 3BR units ranging in size from 900 to 2,300 SF.
- Closing sales prices ranging from $750,000 to $1.5 million.
- Total development costs for the project were approximately $22 million.
GREENDALE VILLAGE
Newton, MA
- Features 20 luxury condominiums in either a single family or townhouse style with many units including first floor master bedrooms.
- Development included 2BR and 3BR units ranging in size from 1,700 to 2,800 SF.
- Closing sales prices ranging from $900,000 to $1.5 million.
- Total development costs for the project were approximately $12.2 million.