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Boston Capital's $900M in Housing

WASHINGTON DC 07.20.2017

METRO DC RETAIL

Creating a Successful Mixeduse Project Through Curated Retail & Restaurant

Wilbur "Tom" Simmons -- Kimco Realty
Richard Lake -- Roadside Development
David Ward -- H&R Retail
Boston Capital's $900M in Housing
Jack Manning, CEO of Boston Capital
We snapped Jack Manning, CEO of Boston Capital, who co-founded the privately held firm with Herb Collins (in ?74). Meeting in his office last spring, he said that the company had $600M in equity to spend on developing $900M in residential (mostly affordable housing) around the US. With low income housing tax credits as a basis of their business model, they threw off the recessionary doldrums in the summer of '10 and have been crankin? ever since.