Real estate development in Massachusetts encompasses the planning, construction, and management of residential, commercial, and mixed-use properties. Companies in this sector focus on creating vibrant communities, revitalizing urban areas, and meeting growing housing demands, particularly with a tilt towards sustainable practices. The industry is witnessing a dynamic shift with developers increasingly favoring eco-friendly designs and community-centric projects. Massachusetts is home to multifamily, affordable housing developers, substantial investment firms, and boutique builders, reflecting a comprehensive approach to fulfilling the state's evolving real estate needs.

The companies included in this list are a mix of well-established and emerging players in Massachusetts. They range in size from small teams of under 50 employees to large firms with over 500 staff. Based in towns like Boston, Newton, and Concord, many of these companies have roots dating back several decades, specializing in multifamily housing, community development, and adaptive reuse. Their collective focus spans residential projects, commercial complexes, and innovative mixed-use developments, reflecting a proactive approach to modern housing markets.

Continue reading to discover top real estate development companies in Massachusetts.

Top 21 Real Estate Development Companies in Massachusetts

1. Gid

• Website: gid.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 97%, Other 3%
• Founded year: 1960
• Headcount: 1001-5000
• LinkedIn: gid-investment-advisers-llc

GID is a private real estate investment firm based in Boston, Massachusetts, with a history dating back to 1960. The company specializes in multifamily, industrial, and mixed-use developments, providing a range of services that include property and asset management, development, and acquisitions. GID caters to both institutional investors and individual consumers, demonstrating a broad market appeal. With a workforce of over 520 employees, the firm operates from several key locations across the United States, including Atlanta, Dallas, New York City, and San Francisco. GID manages approximately $29.1 billion in assets, reflecting its significant presence in the real estate market. The company is dedicated to creating sustainable communities and enhancing economic value through its real estate solutions, which include luxury residential developments and innovative mixed-use projects.

2. Beacon Communities LLC

• Website: beaconcommunitiesllc.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1968
• Headcount: 501-1000
• LinkedIn: beacon-communities-llc

Beacon Communities LLC is a Boston-based real estate development and property management firm that has been operating since 1968. The company specializes in multifamily housing, focusing on affordable and mixed-income developments. With a portfolio that includes over 19,000 apartments across more than 160 locations nationwide, Beacon Communities is dedicated to creating quality living environments that enhance community engagement. They undertake a variety of projects, from new constructions to the renovation of existing properties, often tackling complex developments that require innovative solutions. Their commitment to sustainability is evident in their design practices, as they strive to meet high environmental standards in their projects. Beacon Communities also emphasizes community involvement, working closely with residents to address their needs and improve their living conditions. This approach not only stabilizes their properties but also fosters a sense of belonging among residents.

3. Northland Residential Corporation

• Website: northlandresidential.com
• Ownership type: Private
• Headquarters: Concord, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1973
• Headcount: 11-50
• LinkedIn: northland-residential-corporation

Northland Residential Corporation, based in Concord, Massachusetts, is a private real estate development and property management firm that specializes in residential communities. Established in 1973, the company has built a strong portfolio that includes over 75 communities and more than 1,000 residential homes and condominiums. Northland offers a range of services, including construction management and advisory services tailored for landowners and investors. Their clientele consists of homebuyers, landowners, and investors seeking high-quality residential properties in New England. The company prides itself on its commitment to environmental integrity and community development, working closely with municipal authorities and stakeholders to create exceptional living spaces. Northland has received numerous awards for its projects, reflecting its dedication to quality and innovation in residential real estate.

4. Eastland Partners INC.

• Website: eastlandpartners.com
• Ownership type: Private
• Headquarters: Hopedale, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1989
• Headcount: 11-50
• LinkedIn: eastland-partners-inc.

Eastland Partners INC. is a private real estate development firm based in Hopedale, Massachusetts, with a focus on residential construction and community development. Established in 1989, the company has successfully designed, developed, and built over 600 homes across the greater New England region. Their operations include a range of services such as land acquisitions, construction management, and real estate sales, primarily targeting homebuyers and families. Eastland Partners prides itself on its commitment to quality craftsmanship and customer satisfaction, emphasizing the creation of communities rather than just homes. Their business model has evolved to adapt to market demands, showcasing their ability to respond to buyer behavior effectively. With a dedicated team of professionals, Eastland Partners continues to play an active role in the real estate development industry, focusing on delivering value to future residents and maintaining stewardship of the land.

5. National Development

• Website: natdev.com
• Ownership type: Private
• Headquarters: Newton, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 98%, Kuwait 2%
• Founded year: 1983
• Headcount: 201-500
• LinkedIn: national-development

National Development, based in Newton, Massachusetts, is a private real estate development company that specializes in investment, development, construction, and asset management. Established in 1983, the firm has built a reputation for transforming spaces into thriving communities. With a workforce of around 146 employees, National Development has successfully completed over 300 projects, investing more than $6 billion in the Greater Boston area. Their portfolio spans various sectors, including residential, commercial, industrial, and life sciences, showcasing their ability to adapt to market demands. The company emphasizes sustainability and social impact, actively engaging with local communities and supporting numerous charitable organizations. Their construction management affiliate, Cranshaw Construction, further enhances their capabilities, allowing them to maintain control over project quality and timelines. National Development's commitment to creating lasting value for investors and enhancing neighborhoods makes them a noteworthy entity in the real estate development industry.

6. Related Beal

• Website: relatedbeal.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1996
• Headcount: 51-200
• LinkedIn: related-beal

Related Beal is a private real estate development firm based in Boston, Massachusetts, founded in 1996. The company specializes in creating both luxury and affordable housing, alongside commercial spaces, primarily in the Greater Boston area. They are known for their commitment to high standards in design and development, focusing on projects that positively impact the community. Related Beal also offers property management and advisory services, catering to a wide range of clients, including consumers, businesses, and organizations. Their portfolio includes notable developments such as The Quinn and Lovejoy Wharf, showcasing their ability to execute complex projects. The firm emphasizes innovation and sustainability in its operations, aiming to enhance urban living and contribute to the local economy.

7. The Green Company

• Website: greencos.com
• Ownership type: Family Owned
• Headquarters: Newton, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 85%, Mexico 15%
• Founded year: 1953
• Headcount: 11-50
• LinkedIn: the-green-company

The Green Company, based in Newton, Massachusetts, is a family-owned home builder with a history dating back to 1953. Specializing in new construction homes and residential communities, the company is dedicated to creating quality living environments that meet the needs of modern homebuyers. They offer a comprehensive range of services, from home design to construction, ensuring a seamless experience for their clients. The Green Company has developed several neighborhoods, including Bentgrass Mist, Outlook East, and Firefly Point, each designed with attention to detail and a commitment to enhancing the community. Their focus on customer satisfaction and integrity is evident in their approach, which prioritizes the lifestyle aspirations of their homeowners. Over the decades, they have received numerous awards for their designs and community developments, reflecting their commitment to excellence in the real estate sector.

8. Freehold Capital Management, LLC

• Website: freeholdcm.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: freehold-capital-management-llc

Freehold Capital Management, LLC is a private real estate development firm based in Boston, Massachusetts, founded in 2013. The company specializes in both residential and commercial projects throughout the United States. With a workforce of approximately 34 employees, Freehold Capital Management focuses on creating sustainable communities that enhance living standards. They offer a range of services, including land development, infrastructure, and advisory services, catering to homebuyers, builders, and investors. The firm operates under several brands, such as Freehold Communities and 360 Communities, which focus on large-scale, mixed-use developments and high-quality rental homes, respectively. Freehold has a significant footprint, managing over 16,000 acres of land and more than 500,000 square feet of retail and office space. Their projects are designed with an emphasis on community engagement and healthy living, incorporating amenities like schools, parks, and trails. This strategic focus on community-oriented development underscores their commitment to creating vibrant living spaces.

9. Bellisimo Inc

• Website: bellisimoinc.com
• Ownership type: Private
• Headquarters: Barnstable, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1992
• Headcount: 11-50
• LinkedIn: bellisimo-inc

Bellisimo Inc, based in Fort Collins, Colorado, is a real estate development and construction company that has been active since 1992. With a workforce of 11-50 employees, the firm specializes in a variety of construction services, including residential, commercial, and industrial projects. Their offerings range from custom home building and remodeling to consulting services for land and building development. Bellisimo has completed several high-profile projects in Northern Colorado, such as the Bucking Horse neighborhood and the Jessup Farm Artisan Village, which emphasize community and sustainability. The company prides itself on its quality craftsmanship and customer service, aiming to create spaces that foster community interaction and enhance the local environment. Their experience in navigating government regulations and compliance further solidifies their position in the industry.

10. Pinehills LLC

• Website: pinehills.com
• Ownership type: Private
• Headquarters: Plymouth, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2001
• Headcount: 11-50
• LinkedIn: the-pinehills

Pinehills LLC, established in 2001, is a private real estate development company based in Plymouth, Massachusetts. The firm specializes in the construction and sale of new homes, custom homes, and luxury apartments. With a workforce of approximately 45 employees, Pinehills focuses on providing quality living spaces that cater to both homebuyers and renters. Their developments are set within a thoughtfully designed community that includes various amenities, such as parks, golf courses, and dining options. Pinehills is dedicated to creating a vibrant environment that enhances the living experience for its residents, making it a notable player in the real estate development sector.

11. Boston Development Group

• Website: bdg1.com
• Ownership type: Private
• Headquarters: Newton, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1960
• Headcount: 11-50
• LinkedIn: boston-development-group

Boston Development Group (BDG) is a private real estate development and management firm based in Newton, Massachusetts. Established in 1960, the company specializes in the acquisition, development, and management of both commercial and residential properties. BDG offers a comprehensive suite of services, including property management, leasing, and construction, catering to a wide range of clients. Their portfolio features a mix of current and past projects across New England and the East Coast, showcasing their ability to adapt to market needs. Notable developments include a life science building in Watertown and a luxury senior living community in Boston. BDG is also recognized for its expertise in property rehabilitation and adaptive reuse, which enhances the value of existing structures. The firm operates with a focus on maximizing investment returns through innovative property solutions and effective management practices.

12. Trinity Financial, Inc.

• Website: trinityfinancial.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 94%, India 6%
• Founded year: 1987
• Headcount: 11-50
• LinkedIn: trinity-financial-inc.

Trinity Financial, Inc. is a Boston-based real estate development firm that specializes in urban site development and property management. Established in 1987, the company has built a reputation for transforming communities through innovative projects that prioritize affordable housing. With a focus on mixed-use developments, Trinity Financial has successfully completed numerous projects across the northeastern United States, including multi-family housing and transit-oriented developments. Their portfolio reflects a commitment to quality and sustainability, with many projects achieving LEED certification. The firm operates a property management division, Trinity Management, which enhances their ability to oversee all aspects of real estate development, from financing to construction and ongoing management. Trinity Financial's collaborative approach often involves partnerships with local governments and community organizations, ensuring that their developments meet the needs of residents and contribute positively to the urban fabric.

13. Winn Management

• Website: winncompanies.com
• Ownership type: Private
• Headquarters: Cambridge, Massachusetts, United States (USA)
• Founded year: 1971
• Headcount: 51-200
• LinkedIn: winn-management

Winn Management, known as WinnCompanies, is a property management and real estate development firm based in Cambridge, Massachusetts. Established in 1971, the company specializes in affordable housing and military housing services. With a workforce of approximately 4,000 employees, WinnCompanies operates across multiple states, managing over 125 communities. Their projects focus on creating living environments that improve the quality of life for residents, particularly targeting low-income families and military personnel. The company is recognized for its commitment to community development and has received numerous awards for its efforts in affordable housing and resident services. WinnCompanies also engages in initiatives aimed at sustainability and social impact, further solidifying its role in the real estate development industry.

14. Globe Life American Income Division: Fisher Organization

• Website: fisherorganization.com
• Ownership type: Family Owned
• Headquarters: Billerica, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 98%, United Kingdom (UK) 2%
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: fisher-agencies

Globe Life American Income Division: Fisher Organization, operating under Fisher Development Associates, is a family-owned real estate development firm founded in 2009 and based in Billerica, Massachusetts. The company specializes in the construction and management of residential and commercial properties, primarily in the Northeast United States. Fisher Development Associates is known for its commitment to quality and excellence, focusing on creating vibrant, livable communities that cater to both investors and residents. Their portfolio features a range of projects, including luxury residential complexes and mixed-use developments, all designed with modern amenities and strategic locations in mind. The firm employs a hands-on approach, ensuring that each project reflects a high standard of craftsmanship and attention to detail. They are actively involved in all aspects of real estate development, from financing and design to construction and property management.

15. Fafard Real Estate

• Website: fafardrealestate.com
• Ownership type: Private
• Headquarters: Milford, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1965
• Headcount: 11-50
• LinkedIn: fafard-real-estate

Fafard Real Estate, based in Milford, Massachusetts, has been a prominent player in the real estate development sector since its inception in 1965. The company specializes in new construction homes and residential sales, offering a range of housing options that include townhouses and single-family homes. Their projects primarily target consumers seeking unique and thoughtfully designed properties in the MetroWest and Central Massachusetts regions. Over the years, Fafard Real Estate has built a reputation for delivering quality homes that reflect contemporary trends while maintaining traditional craftsmanship. The company has successfully developed numerous communities, contributing significantly to the local housing market. Their focus on customer satisfaction and tailored home designs has allowed them to thrive in a competitive industry, making them a respected name among homebuyers and real estate professionals alike.

16. New England Development

• Website: nedevelopment.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1978
• Headcount: 51-200
• LinkedIn: new-england-development

New England Development is a private real estate development and management firm based in Boston, Massachusetts. Established in 1978, the company specializes in creating vibrant mixed-use communities, high-tech labs, and iconic destinations. With a workforce of approximately 141 employees, they have a strong presence in the industry, focusing on innovative real estate solutions across various sectors, including retail, hospitality, and residential development. Their portfolio features a range of projects, such as the bustling CambridgeSide and the upscale Chestnut Hill Square, reflecting their ability to cater to both businesses and consumers. New England Development is recognized for its creative problem-solving and commitment to excellence, making it a significant player in the real estate development sector.

17. The Procopio Companies

• Website: procopiocompanies.com
• Ownership type: Family Owned
• Headquarters: Middleton, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1950
• Headcount: 11-50
• LinkedIn: procopio-construction-company

The Procopio Companies, based in Middleton, Massachusetts, is a family-owned real estate developer that has been operational since 1950. The company specializes in multifamily housing and construction management, aiming to create high-quality living spaces that cater to both investors and residents. Their portfolio includes a variety of projects in key growth markets, primarily in New England, North Carolina, Florida, and Texas. Procopio is committed to community development, emphasizing the importance of meaningful human connections within their residential spaces. They manage their properties with a focus on resident satisfaction and optimizing financial performance. The company has a robust in-house team that integrates civil construction, construction management, and property management, allowing them to effectively mitigate risks associated with development projects. Their recent activities include acquiring sites for new multifamily developments and engaging in significant community projects, showcasing their ongoing relevance in the real estate development sector.

18. Stonebridge Homes, Inc.

• Website: stonebridgehomesinc.com
• Ownership type: Corporate
• Headquarters: Easton, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: December 2024
• Founded year: 2002
• Headcount: 11-50
• LinkedIn: stonebridge-homes-inc

Stonebridge Homes, Inc. is a Massachusetts-based home builder and real estate developer, established in 2002. The company specializes in constructing single-family homes and condominiums primarily in Southeastern Massachusetts. With a workforce of 27 employees, Stonebridge Homes is dedicated to creating communities that not only provide housing but also foster a sense of belonging among residents. Their projects are designed with an emphasis on quality and efficiency, ensuring a smooth buying process for homebuyers. Stonebridge Homes has developed several communities, including Joanna Hills in Avon and Duxburrow Estates in Bridgewater, showcasing their commitment to enhancing local neighborhoods. The company operates entirely within the United States, focusing on the needs and preferences of the local market.

19. Corcoran Jennison

• Website: corcoranjennison.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1971
• Headcount: 51-200
• LinkedIn: corcoran-jennison

Corcoran Jennison is a Boston-based real estate development and property management firm established in 1971. The company specializes in creating and managing a variety of properties, including residential housing, commercial spaces, hotels, and resorts. They have a notable emphasis on mixed-income housing and community revitalization, which reflects their commitment to enhancing urban environments. Over the years, Corcoran Jennison has developed properties worth over $3.5 billion and manages more than 24,000 residential units across 15 states. Their work has earned them accolades such as 'Development Company of the Year' from the National Association of Homebuilders and recognition from the Urban Land Institute for excellence in development. The firm is also involved in various community projects, demonstrating their focus on improving neighborhoods and fostering partnerships with local stakeholders.

20. Meredith Management Co

• Website: meredithmanagement.com
• Ownership type: Private
• Headquarters: Beverly, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1951
• Headcount: 11-50
• LinkedIn: meredith-management-co

Meredith Management Co, based in Beverly, Massachusetts, is a private real estate development and management firm with a rich history dating back to 1951. With a team of 11 to 50 employees, the company specializes in creating and managing residential communities and commercial spaces across various locations, including New England, Texas, and Florida. Over the years, Meredith Management has developed thousands of residential units and millions of square feet of commercial property. Their notable projects include the Fenway Center, a transformative development in Boston, and the Lansdowne Commuter Rail Station, which significantly improved transportation access in the area. The company prides itself on its community-oriented approach, focusing on enhancing the lives of residents and businesses alike. Additionally, Meredith Management is actively involved in social causes, with its president, John Rosenthal, leading several nonprofit initiatives aimed at addressing issues like gun violence and homelessness.

21. DiBiase Companies

• Website: dibiasecompanies.com
• Ownership type: Family Owned
• Headquarters: Reading, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1954
• Headcount: 11-50
• LinkedIn: dibiase-homes

DiBiase Companies is a family-owned real estate development firm based in Reading, Massachusetts, with a history dating back to 1954. With a workforce of 11-50 employees, the company specializes in creating high-quality residential and commercial properties. Over the years, DiBiase Companies has developed a reputation for crafting well-designed living spaces that cater to modern lifestyles. Their portfolio includes a variety of projects, from luxury single-family homes to mixed-use developments, showcasing their expertise in the field. The firm has received numerous accolades, including several PRISM awards, highlighting their commitment to excellence in building and design. Their focus on sustainable communities and personalized client experiences sets them apart in the competitive real estate market.

Real Estate Development Insights: Key Companies in Massachusetts

Company	Headquarter	Size	Founded	Ownership
Gid	Boston, Massachusetts, United States (USA)	1001-5000	1960	Private
Beacon Communities LLC	Boston, Massachusetts, United States (USA)	501-1000	1968	Private
Northland Residential Corporation	Concord, Massachusetts, United States (USA)	11-50	1973	Private
Eastland Partners INC.	Hopedale, Massachusetts, United States (USA)	11-50	1989	Private
National Development	Newton, Massachusetts, United States (USA)	201-500	1983	Private
Related Beal	Boston, Massachusetts, United States (USA)	51-200	1996	Private
The Green Company	Newton, Massachusetts, United States (USA)	11-50	1953	Family Owned
Freehold Capital Management, LLC	Boston, Massachusetts, United States (USA)	51-200	2013	Private
Bellisimo Inc	Barnstable, Massachusetts, United States (USA)	11-50	1992	Private
Pinehills LLC	Plymouth, Massachusetts, United States (USA)	11-50	2001	Private
Boston Development Group	Newton, Massachusetts, United States (USA)	11-50	1960	Private
Trinity Financial, Inc.	Boston, Massachusetts, United States (USA)	11-50	1987	Private
Winn Management	Cambridge, Massachusetts, United States (USA)	51-200	1971	Private
Globe Life American Income Division: Fisher Organization	Billerica, Massachusetts, United States (USA)	51-200	2009	Family Owned
Fafard Real Estate	Milford, Massachusetts, United States (USA)	11-50	1965	Private
New England Development	Boston, Massachusetts, United States (USA)	51-200	1978	Private
The Procopio Companies	Middleton, Massachusetts, United States (USA)	11-50	1950	Family Owned
Stonebridge Homes, Inc.	Easton, Massachusetts, United States (USA)	11-50	2002	Corporate
Corcoran Jennison	Boston, Massachusetts, United States (USA)	51-200	1971	Private
Meredith Management Co	Beverly, Massachusetts, United States (USA)	11-50	1951	Private
DiBiase Companies	Reading, Massachusetts, United States (USA)	11-50	1954	Family Owned

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