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Terry Farrell is a seasoned real estate expert with extensive experience in economics, development, facilities management, strategic planning, and transaction management. He has held leadership positions at Bank of America, Edward A. Fish Associates, Peabody Construction, Inc., North American Development, and the U.S. Department of Housing and Urban Development/Boston Redevelopment Authority. Farrell holds a Doctor of Law (J.D.) from Boston College Law School and a Bachelor of Arts (B.A.) in Political Science from the College of the Holy Cross.

Credentials

  • Member, District of Columbia Bar
    Federal Court of Apeals

Experience

    • Principal

    • Principal
      • Oct 2015 - Present

    • Retail Real Estate Executive
      • Nov 1991 - Aug 2015
      • Boston, MA

      Managed acquisitions and dispositions of 6,200 national retail banking center portfolio. Created process for LOB approval of lease renewals, reduced annual rent increases of lease renewals from 20% to 6%. Managed sale leaseback of six tranches of branches with average cap rates of 4.45%.Handled real estate aspects of divestitures in 12 states. Reorganized acquisition and renewal process for acquisition and renewals of 3,800 remote ATM portfolio. Managed redevelopment projects involving excess land associated with banking centers in Washington, New York, California and Florida. Led real estate aspects of 15 mergers.

  • Edward A. Fish Associates
    • Greater Boston Area
    • Pesident and Chief Operating Officer
      • 1985 - 1991
      • Greater Boston Area

      Managed the acquisition, financing and development of multi-use commercial and residential real estate projects in Greater Boston area. Developments included a large office park and condominium housing.

  • Peabody Construction, Inc.
    • Greater Boston Area
    • Vice President
      • 1975 - 1981
      • Greater Boston Area

      Managed development, permitting and financing of multifamily residential projects in Massachusetts, Vermont, Maine, Rhode Island and Ohio. Managed syndication of equity interests for over 30 projects which qualified for low-income housing accelerated depreciation. Spun off a separate syndication company to sell limited partnership interests from 1982-1984. Managed permitting and financing of Admirals Hill, a former Navy Hospital site in Chelsea, MA. Project took several years to construct and includes condominiums, apartments, a marina, and office buildings.

  • North American Development
    • Greater Boston Area
    • Vice President
      • 1970 - 1975
      • Greater Boston Area

      Responsible for permitting and financing low income residential projects. Completed large projects in Boston, Chicago, Washington D.C., Newark and Hartford. Formed and ran a subsidiary Mortgage company approved by GNMA.

    • Attorney-Adviser/Assistant Director
      • 1965 - 1970
      • Washington D.C. Metro Area

      Served on multi-agency task force managed by the Dept. of Justice investigating and suing banks who violated federal banking laws. Served a attorney to legislative and lobbying arm of HUD to sponsor and draft federal housing legislation.Was hired as assistant director of the Boston Redevelopment Authority to manage development of affordable housing in multiple urban renewal projects

Education

  • Boston College Law School
    Doctor of Law (J.D.)
  • College of the Holy Cross
    Bachelor of Arts (B.A.), Political science

Suggested Services

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Industry Focus. “Real Estate”

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