Brett Vengroff
Cambridge, MA (USA)
Role(s):
Manager/Supervisor
Newtowne Properties, LLC
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Startup
Location:
Cambridge
Industry:
Real Estate
Year Founded:
2006
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Newtowne Properites, LLC is a real estate investment company with a focus on the acquisition and management of a portfolio of high-quality rental apartment complexes.
Newtowne Properties is uniquely qualified to succeed due to the following reasons:
We have significant experience in the Greater Boston market. We select submarkets where there is a significant opportunity for improvements and tenants have demonstrated a preference for high-quality residential apartments;
Leveraging the skills of our management team to successfully develop, acquire or reposition properties;
We concentrate on high-quality real estate designed to meet the demands of today's tenants who require sophisticated telecommunications and related infrastructure and support services, and to manage those facilities so as to become the landlord of choice for both existing and prospective clients;
When appropriate we acquire assets which increase our penetration in the markets where we have chosen to concentrate and which exhibit an opportunity to improve or sustain returns through repositioning (including capital improvements and a shift in marketing strategy).