Youth Is Being Served

2021-08-24T20:10:14+00:00August 24th, 2021|

Brownfield Coalition of the Northeast, Aug 10, 2021 By Steve Dwyer Three BCONE members are making their mark -- and in a hurry. They’ve progressed from membership to committee chairs and/or board members in short order, and are now tasked with recruiting, and appealing to, younger industry professionals within a fledgling BCONE mentorship committee. The [...]

Old School Building Restored to Former Glory

2021-07-21T21:16:54+00:00June 8th, 2021|

The Addison Times, May 29, 2021 “It’s like day and night,” construction manager Bill Rasner said while surveying renovations at Old Shelby High apartments earlier this year. The project, an initiative of complex owner Purple Vetch Properties, LLC, was the first significant infrastructure upgrade since at least the early 1990s, when the building transitioned into [...]

Ambrosino’s A Quick Study

2021-04-18T03:51:04+00:00April 16th, 2021|

Brownfield Coalition of the Northeast, April 15, 2021 By Steve Dwyer  How does a young brownfield industry practitioner climb so far up to the mountaintop -- and do it so quickly? At 33 years old, Melina Ambrosino, Executive Vice President of Newton, Mass.-based Cherrytree Group LLC, will let you in on a little secret: be [...]

Cherrytree Group Passes $100 Million Mark in Tax Credit Placements

2021-03-15T15:20:32+00:00March 15th, 2021|

Business Wire, March 11, 2021 BOSTON-The Cherrytree Group — a tax credit consulting and syndication firm based near Boston — announced a significant milestone by surpassing the $100 million mark in tax credits obtained and placed on behalf of real estate developers and investors nationally. Since its founding in 2011, the company has specialized in [...]

Newton firm raising $145M fund for Opportunity Zone projects

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.

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

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

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

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.

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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