Team

The members of Cresset’s management team have been involved in real estate development and acquisition for many years, and collectively have been involved in over $ 2.5 billion of transactions since 1991.

 

Edward G. Nardi
President

Ed brings 30+ years of real estate development, investment and management experience to Cresset. He founded Cresset to focus on opportunities solely in New England, principally the Greater Boston area. Since the firm’s inception in 2000, he has been involved in all aspects of the company’s projects, which have an approximate aggregate total of $400 million.

Prior to founding Cresset, he was president and a principal of the three operating companies of Intercontinental, a group of real estate development, construction and management companies based in Boston. During his 17 years at Intercontinental, Ed was involved in the acquisition and development of projects totaling more than $750 million, spanning the full range of asset classes including commercial office, multi-residential, mixed-use, hotel and industrial. Many of the redevelopment opportunities had the added component of historic rehabilitation, which increased returns by use of tax credits. Ed also has extensive experience with environmental remedial work and brownfields for publicly traded companies. Prior to Intercontinental, Ed served as a field engineer for Walsh Brothers, Inc., one of Boston’s leading engineering and contracting firms. He also spent time with Skidmore Owens & Merrill, a nationally renowned architectural firm. He received a Bachelor of Architecture degree from Princeton University.

William G. Curtis
Executive Vice President

Bill brings 30 years of real estate development, investment and management experience to Cresset.  As a founding partner, Bill has been intimately involved in the acquisition, development, construction and management of all Cresset projects, which include residential, office, retail and hotel. Before Cresset, Bill was executive vice president of development at Intercontinental for over five years. He was responsible for opportunity identification, acquisition, development, construction management and marketing for development opportunities in excess of $350 million.

Proceeding his time at Intercontinental, Bill was president of Northway Investments, Inc. Northway was formed in 1992 to manage various complex multi-asset class real estate holdings in the Greater Boston area. Prior to Northway, Bill was the founder of MCM, Ltd., a real estate development, property management and construction company with a regional focus in New England, formed in 1984. MCM was a vertically integrated company structuring acquisitions and providing general contracting and property management.The primary focus was on “value-add” development opportunities in all asset classes.  The company successfully completed over 20 development projects and 100 construction projects.

John H. Baxter
Executive Vice President

 

John brings to Cresset 27 years of real estate acquisition, management and disposition experience. Previously, he was a founding partner of Great Point Investors, LLC, a registered investment adviser. John was responsible for portfolio management and client relations for the firm’s largest client. Initially heading acquisitions, he later oversaw asset management and client reporting. Before forming GPI, John held senior positions at AMRESCO Advisors, Property Capital Associates/Property Capital Trust. He has been responsible for the acquisition or disposition of more than $1 billion of real estate assets and has been a voting member of the investment committee for more than a decade.During his career as a fiduciary for pension plans and endowments, he utilized a variety of ownership structures, including limited liability companies, partnerships and participating loans and land leases. Throughout the industry downturn in the early ’90s, he was responsible for office, industrial, retail, multi-family and hotel properties that were subject to the downturn of the market and complex structures and financings. Before becoming an investment adviser in 1987, he was senior staff in Arthur Andersen’s tax department, specializing in real estate syndications. John holds a Bachelor of Arts degree from St. Lawrence University and a Masters in Business Administration from the Johnson School of Management at Cornell University.