The Rappaport family of Boston founded New Boston Fund in 1993 in order to leverage opportunities created by the region’s real estate downturn. As major players in the Northeast real estate sector since the early 1950s, the Rappaport’s have built an extensive portfolio of successful real estate development and investment projects.

Prior to establishing New Boston Fund, the family’s experience is highlighted by many influential projects including the development and management of Charles River Park, one of Boston’s leading mixed-use residential communities consisting of more than 2,000 apartments and 500,000 square feet of retail and office space.

Since the company’s founding, New Boston evolved and matured from a family run firm to a national real estate investment manager with one of the most respected and dedicated senior management teams in the industry. In recent years, New Boston has returned to its roots to focus on local high end and mixed income housing developments.