Newton firm raising $145M fund for Opportunity Zone projects

By |2020-11-17T15:42:15+00:00October 10th, 2019|

Boston Business Journal, Oct 10, 2019 By Greg Ryan, Law & Marketing Reporter Newton-based Cherrytree Group LLC is seeking to raise up to $145 million for investments in real estate projects located in so-called Opportunity Zones, including three in Massachusetts. The Opportunity Zones program is part of the federal tax overhaul signed into law [...]

Cherrytree Group’s restoration of its historic Newton offices wins People’s Choice Award from Preservation Massachusetts.

By |2020-11-17T15:59:40+00:00May 15th, 2019|

Yahoo Finance, May 15, 2019 BOSTON – Cherrytree Group, LLC, a tax credit advisory firm, is proud to be distinguished as a 2019 People’s Preservation Choice Award winner for restoration work done on The Miller Block in Newton’s Village of Auburndale. The winners were announced at the annual Preservation Massachusetts’ 2019 Preservation Awards held [...]

Cherrytree Group Funds Renovation of Landmark Hotel

By |2020-11-17T03:39:03+00:00January 3rd, 2019|

CBS MarketWatch, Jan 3 2019 Preservation of a registered historic landmark in Lowell, Massachusetts has begun following completion of the pre-development funding for the Lowell Legacy Hotel by Hampton Financial Partners, an affiliate of the Cherrytree Group of Newton, Massachusetts. Due to the historic nature of the five-story building, built between 1896 and 1905, [...]

Partnership to Renovate and Update Historic Structure in Shelbyville, Indiana

By |2020-11-17T16:16:54+00:00December 12th, 2018|

New York Business Journal, Dec 12, 2018 Cherrytree Group, LLC, has funded $900,000 in pre-development financing to rehabilitate a historically designated former school in Shelbyville, Indiana. Cherrytree completed this financing through its affiliate, Hampton Financial Partners. Using a fund opened earlier this year in response to the U.S. government’s initiative to designate “Opportunity Zones” in [...]

Meet Warren Kirshenbaum and Melina Ambrosino of Cherrytree Group in Newton

By |2020-11-17T03:45:14+00:00July 24th, 2017|

Boston Voyager Magazine, July 24, 2017 Today we’d like to introduce you to Warren Kirshenbaum and Melina Ambrosino. Warren and Melina, let’s start with your story. We’d love to hear how you got started and how the journey has been so far. At 23, I left my family in South Africa and came to [...]

The tax credit market: a win-win for developers and investors.

By |2020-11-17T03:48:48+00:00April 5th, 2017|

Renewable Now Magazine, April 5, 2017 By Warren Kirshenbaum Most real estate developers contemplating projects involving the creation of renewable energy are aware of the unique upside available to them in the form of tax credits from Federal or state government agencies. A typical problem, however, is that few developers are in the position [...]

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