Thomas A. Powers
Principal - Consultant - Project Manager at Powers Realty Development & Consulting LLC- Claim this Profile
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Bio
LinkedIn User
Very Smart, energetic, real estate pro....
LinkedIn User
Very Smart, energetic, real estate pro....
LinkedIn User
Very Smart, energetic, real estate pro....
LinkedIn User
Very Smart, energetic, real estate pro....
Experience
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Powers Realty Development & Consulting LLC
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Real Estate
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1 - 100 Employee
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Principal - Consultant - Project Manager
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Oct 2019 - Present
Sourced a 15-acre site and secured national developer to permit and approve a $76M, 196 unit, Senior, Active Adult multifamily LIP 40B Comprehensive Permit Development in Shrewsbury, MA.Sourced a 18-acre development site and secured national developer to permit and approve a $65M, 180 unit, Senior, Active Adult multifamily LIP 40B Comprehensive Permit Development at the Ashland Commuter Rail Station, Ashland, MA.Represented Owner/Seller and sourced a 28-acre development site and secured regional developer to permit, approve and develop a $135M, 398-unit, multifamily LIP 40B Comprehensive Permit Development at the Ashland Commuter Rail Station, Ashland, MA. Show less
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Principal - Consultant - Project Manager
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Jan 2013 - Sep 2019
As a Consultant, represented Owner/Seller in master planning for the 200-acre Ashland Commuter Rail Station development. Assisted in obtaining $6.0M MassWorks Grant for road infrastructure; securing 20-acre master land lease for a 5.9 Mega-Watt solar array; and 93 acre land sale to the Town of Ashland for recreation / open space.
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Powers Realty, Development & Consulting, LLC
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Real Estate
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1 - 100 Employee
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Principal - Consultant - Project Manager
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Jan 2003 - Dec 2012
Assited multiple developers / owner-investors with the acquisition, redevelopment and development of suburban office and mixed-use projects in Newton, Needham, Waltham, and Cohasset, MA. Identified and acquired a 135,000 sq. ft., $65M multi-building portfolio; sourced and developed a five acre, 75K sq. ft. mixed-use retail/residential development; and managed and directed three private placement offerings. Assited multiple developers / owner-investors with the acquisition, redevelopment and development of suburban office and mixed-use projects in Newton, Needham, Waltham, and Cohasset, MA. Identified and acquired a 135,000 sq. ft., $65M multi-building portfolio; sourced and developed a five acre, 75K sq. ft. mixed-use retail/residential development; and managed and directed three private placement offerings.
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Chief Operating Officer, New England Region
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Jul 1998 - Jan 2002
New England Chief Operating Officer of a private REIT owned and operated by Wellsford Properties and Whitehall Funds. Responsible for recruiting and management of 15 professionals and the oversight of acquisition, development and asset management activities for a $500 million office portfolio and $100 million of suburban office building development. New England Chief Operating Officer of a private REIT owned and operated by Wellsford Properties and Whitehall Funds. Responsible for recruiting and management of 15 professionals and the oversight of acquisition, development and asset management activities for a $500 million office portfolio and $100 million of suburban office building development.
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New Boston Fund
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United States
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Real Estate
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1 - 100 Employee
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Director Equity Origination & Asset Management
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Apr 1993 - Jun 1998
Co-raised in excess of $150 million in high net worth captial, family office and pension fund equity for acquisition fund, development and distressed asset recapitalization. Co-raised in excess of $150 million in high net worth captial, family office and pension fund equity for acquisition fund, development and distressed asset recapitalization.
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Education
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University of Hartford
Bachelor of Arts - BA, Economics, English