OUR PROJECTS

We focus our efforts on a wide range of project types including land assembly, development, repositioning and renovation. We’re thoughtful about the projects we take on and will make strategic investments ranging from $5M to upwards of $100M.

East Boston

425 Border Street | 16-unit condo development

Project Details

The property closed on December 2018, and is expected to break ground mid 2019.
Prime location in East Boston, near the waterfront and public transportation.
Secured the deal through an off-market sourcing relationship.

Navem Role

Navem won the deal due to our relationships with an off-market broker who knew the owner, a local developer. Our partnership approach also helped win the deal, as we partnered with the developer to finish the full permitting process.
Navem then fully bought out the local developer. We now control the property and are acting as developer to complete and sell the project.

South Boston

270 Dorchester Ave | 116-unit condo development, parking and retail

Project Details

The property closed in January 2019, and we expect to break ground in the middle of 2019.
Highly attractive and well-developed area in South Boston, and near Seaport District.

Navem Role

Navem had direct connection to seller, and was able to secure the deal after a failed transaction with another buyer.
Navem had been landscaping this highly sought after area of South Boston and is in the process of pursuing other developments in the area.

Melrose

31-35 Wyoming Ave | 30-unit condo development and retail

Project Details

Raw land site signed on October 2018.
Very attractive commuter site to Boston—the site is located less than 50 feet from major commuter rail station. Condos will cater to commuter population.
Navem expects to secure project permits in late 2019, and construction will begin in early 2020.

Navem Role

Navem had a connection to an off-market broker and structured a deal with very limited risk.
Navem is in the planning and design phase and will soon begin the approval process with the city.

Cambridge

30 Berkshire Street | 3-unit condo development

Project Details

The property closed in March 2019, and construction is under-way.
Located in Cambridge, close to Kendall Square.

Navem Role

Navem secured the project through an off-market relationship, in an un-marketed deal.
Navem navigated complex ownership dynamics—purchasing from a condo association after a fire destroyed the prior property. Prior to purchase, the property sat vacant for more than 2 years.
Navem is looking to rapidly rebuild and deliver a property that will add value not just to its investors, but also to the surrounding Cambridge neighborhood.

South End

23 Upton Street | 3-unit luxury condo development

Project Details

The property closed in March 2019, and construction is expected to begin in the middle of 2019. Pre-marketing is already underway, with sellout expected by mid 2020.
Three luxury condos, with high-end fixtures are planned.
Located in the highly desired Union Park neighborhood of the South End.

Navem Role

Navem’s strong community connections within this area helped to secure the deal.
Navem developed close relationship with selling estate. Property had been vacant for more than 10 years.

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Navem Partners
18 Newbury Street
Boston, MA 02116

Pat Dooling
Managing Partner
617-702-9400
Email