ND&CRRI
National Development & Charles River Realty Investors
About the Company
National Development is one of Boston’s leading real estate operating companies. The firm develops, operates and invests in all major property types, including office, industrial, hospitality, retail, and housing, as well as healthcare-related properties (senior housing, medical office, research lab) primarily in metropolitan Boston. Charles River Realty Investors LLC, the investment management platform of National Development, sponsors a series of closed-end discretionary funds focused on value-added real estate investments. Its investors consist primarily of educational endowments, pension funds, charitable foundations and family offices. Charles River is currently investing its third closed-end discretionary fund, Charles River Realty Fund III, L.P. A $300 million fund, it is anticipated that Fund III will acquire over $1.5 billion in real estate assets over the next three years. The investments will be diverse by product type and strategy and will include development and redevelopment situations as well as the acquisition of existing real estate.

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