Thursday, August 08, 2013
NEW BOSTON FUND VICE PRESIDENT EXPANDS ROLE INTO SOUTHEAST PORTFOLIO
Pamela Adamian will take over the asset management of properties in Florida
BOSTON – August 8, 2013 - New Boston Fund, Inc., a private equity real estate investment, development and management firm, announced today that Vice President of Asset Management, Pamela Adamian, will be increasing her responsibilities to include the management of three commercial assets totaling more than 786,000 square feet in the firm’s Southeast portfolio.
In this expanded role, Adamian will be responsible for all financial, strategic, transactional and administrative aspects at One Park Square, Waterford Center and BayView Corporate Center. These properties, along with Maitland Green and Southpoint Executive Center, make up New Boston Fund’s commercial property portfolio in Florida. Adamian is a seasoned real estate professional who brings 25 years of management experience to this role, 12 of which have been spent at New Boston Fund.
“They’re very interesting projects,” said Adamian on the properties she’s assumed responsibility for in her expanded role. “I’m looking forward to working with the team in Florida to enhance their value and continue to bring in top tenants.”
Adamian continues to be responsible for the financial performance, management, leasing and capital improvements for assets in Pennsylvania, Virginia and North Carolina, including Carolina Place in Raleigh and Harris Corners in Charlotte.
“Pamela has proven herself to be a valued contributor in our asset management practice in the Northeast and Mid-Atlantic sectors,” said Gary Hofstetter, Senior Vice President at New Boston Fund. “Expanding her role into the Southeast is a testament to her long-time dedication to supporting our properties and tenants.”
Adamian joined New Boston in 2001, having spent more than eight years as an associate of asset management and an asset manager at TA Associates Realty. She also spent a year as an asset management consultant for New England Mutual Life Insurance Company, as well as a year for NAI Hunneman in the same position. Additionally, she spent two years as a real estate analyst for John Hancock Properties.
For the past five years, Adamian has been an active member of the National Apartment Association (NAA). She has also been a member of the National Multi Housing Council (NMHC) for the past ten years, NAIOP Massachusetts since 2001, and New England Women in Real Estate (NEWIRE) since 1993.
Adamian earned her Bachelor of Arts degree in Political Science and Government from The University of Vermont, as well as her Master of Business Administration degree from Boston University. She is also a Certified Apartment Portfolio Supervisor (CAPS).
About New Boston Fund
New Boston is an independent, privately owned real estate investment manager and an industry leader in providing real estate investment, development and management services with a history of strong sponsorship and oversight of its investment funds. New Boston has developed or acquired commercial and residential properties with a cumulative market value of about $3.5 billion, including 23 million square feet of commercial real estate and 7,500 residential units. Our investment vehicles cater to institutional and high-net worth investors by offering value-add and urban real estate investment funds with a focus on diversification and capital preservation. The New Boston Fund: People, Values, Returns. www.newbostonfund.com
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