2019: A Milestone Year

By |2020-11-14T04:15:01+00:00February 7th, 2020|

Over the past 12 months, The Cherrytree Group helped investors and developers identify ideal opportunities for safe, stable growth. Where did the year 2019 take us at the Cherrytree Group? Well, we made our first forays into states in the Southeast and Midwest — and closed on our first hybrid historic-low income housing tax credit [...]

Baker is Bullish About a Cherrytree-backed Redevelopment in Springfield

By |2020-11-14T04:16:40+00:00August 12th, 2019|

“The timing is right. It’s the right project with the right people. We are bullish on this project. And we are bullish on downtown Springfield.” —Gov. Charlie Baker, from The Republican newspaper One of the fundamental principles behind state and federal historic tax credits is to provide both developers and investors with the financial leverage to re-energize America’s small [...]

Cherrytree Group Funds Renovation of Landmark Building in Massachusetts

By |2020-11-14T04:32:48+00:00May 21st, 2019|

BOSTON--(BUSINESS WIRE)--Preservation of a registered historic landmark in Lowell, Massachusetts has begun following completion of pre-development funding for the Lowell Legacy Hotel. The funding was arranged by the Cherrytree Group of Newton, Massachusetts. The five-story building, built between 1896 and 1905, was recently declared eligible to receive Federal tax credits for historic preservation. Syndication [...]

Reflecting on 2018

By |2020-11-14T04:24:29+00:00January 7th, 2019|

After purchasing our own historic building at 287 Auburn Street, Newton, Massachusetts in late September of 2017, we were anxious to begin rehabilitation of the building and move into our new home. The task was made more acute as we had already negotiated an exit from our existing lease on June 30, 2018, and we [...]

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