Partners

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 $1.85 billion of transactions since 1991.

Edward G. Nardi

Partner

Ed brings 40+ 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 $1.1 billion.

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 V

Partner

Bill brings 35+ 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.

Portfolio

The Cresset Advantage

Cresset is comprised of three operating companies, which integrate the key components of real estate investment — development, construction, and property management — creating a sustainable competitive advantage for investors and clients.

  • Real estate is a cyclical asset — opportunities change and evolve as the local market, economy and capital markets adapt to external forces. That’s why Cresset Development, LLC works to anticipate shifting market trends and responds by structuring investments that are resilient over the long-term. Since our collective experience enables us to analyze each opportunity from many angles, we treat each investment as a stand-alone business, tailoring its business plan to capitalize on strengths while marginalizing its weaknesses.

  • Cresset Builders, LLC offers construction planning, management and related services for projects of all sizes. Cresset provides services to plan, permit, construct and manage real estate projects from ground-up construction to historic rehabilitation, expansion, renovation, or tenant build-out. Many of Cresset’s principals have direct experience in general contracting, which heightens attention to detail in areas normally overlooked by those lacking such a broad depth of construction knowledge.

  • Cresset Management, LLC offers a focused approach to property and asset management services for commercial and residential properties. By providing on-site management, tailored reporting and cost control, we add value and create tenant/resident satisfaction. Our process begins with a comprehensive preventative maintenance plan designed to avoid unnecessary repairs and capital costs that can also create disruptions for our tenants/residents. We believe that short-term horizons should not determine the stewardship of a long-term asset. In addition, we also continue to evaluate “green technology” and what it can mean for the bottom line as well as the greater community.