Real Estate Advisory Services

Marc Older

Marc Older has over 30 years experience in planning, economic development and real estate development in both the public and private sectors, in the US and internationally, with his work focusing on planning and redevelopment of downtown and waterfront sites for large-scale mixed-use projects.

While at the Boston Redevelopment Authority, Mr. Older held many senior positions entailing planning, economic development and coordination with developers and the business community.

As, Director of Waterfront Planning & Development (Harborpark), he coordinated all planning and development on Boston Harbor, negotiating with developers, community interests, and government organizations, and managing project review processes, as well as preparing and implementing zoning programs.

As Project Manager of Charlestown Naval Shipyard & South Boston Navy Base, he was responsible for its redevelopment into a successful large-scale, mixed-use public/private development, including managing evaluation of infrastructure, determination of reuse potentials, ownership and management options; design of transportation improvements; obtained public funding; negotiated with federal agencies.

As Senior Project Coordinator for Downtown/Fort Point Channel, he coordinated all development projects and planning in downtown Boston including the planning, design and implementation of new infrastructure and public amenities.

As Deputy Director of Neighborhood Housing and Development, he managed department responsible for housing creation as well as physical and economic development projects.

In the private sector, as vice president and chief planner of Akira Yamashita and Associates, Inc., a Boston based design and development consulting firm, he managed master planning efforts for numerous large scale mixed-use waterfront projects, from the Hunters Point/Queens West project in New York City to numerous projects in Japan, such as redesign of an historic steel mill into a research, residential and recreation community, in the aggregate covering over 3,000 acres with development costs of several billion dollars.

He designed and structured new towns for the American City subsidy of the Rouse Company and the Commonwealth of Puerto Rico. His experience also includes: evaluation of real estate investments for buyers/owners; town and neighborhood master and economic development plans; and studies on American planning, development, community participation, economic development and marketing for foreign companies.

Mr. Older holds a BA in Economic Geography from Antioch College and an MS in Regional Planning from Harvard University. He has spoken at numerous international conferences.

Howard W. Kielley

Howard Kielley has over 25 years of experience in development management of major mixed-use and residential development projects, consulting and valuation for a broad range of real estate assets, and design, construction, and urban planning.

His consulting experience includes market and financial analysis for feasibility, asset disposition, and valuation studies as an associate for Bonz/REA, Minot, DeBlois & Maddison, and D.A.B. Appraisal Services.

His development experience includes serving as Vice President for Development for Twining Properties in Cambridge, MA where he was Development Manager for Watermark, a 321-unit, 23-story, luxury residential apartment community in Kendall Square, Cambridge, MA. Responsibilities included: preliminary project program and market analysis, negotiation and due diligence for site acquisition, review of legal documents for closing, selection and contract review of project architects, engineers, general contractor and other consultants; managed project design team through City review and approval process, unit design and material selection; assisted in-house construction manager in value engineering, GMP process, and weekly project construction progress review and cost monitoring through final certificate of occupancy and project close-out; developed and negotiated affordable housing component with the City; monitored project schedule and proforma, and managed reporting process to major capital partner for disbursement of funds; and managed marketing team for rental of project units through initial lease-up.

As a Development Manager for the F.D. Rich Company of Boston, he managed the $700 million "Commonwealth Center" - a two million SF, multi-phase, commercial mixed-use project in Boston, including two 32-story office buildings totaling 1.4 million SF, 100,000 SF of retail space, a 400 room hotel and a performing arts center through a difficult all public approvals process. As Principal of HK Associates, he was development manager for a proposed 200-unit, luxury residential apartment community in San Ramon, CA, formulating preliminary project program, market analysis, redevelopment budget and timeline, and entitlement process strategy for a phased tenant relocation and redevelopment of a 4-acre office property.

Trained as an architect, Mr. Kielley was a Senior Designer for Skidmore, Owings & Merrill, where he provided pre-schematic and schematic design services for large-scale commercial projects, and a Designer/Planner for Eisenman/Robertson, where he provided planning and pre-schematic design services, preparation of schematic design, design development, and construction documents for public and private sector clients.

Mr. Kielley holds a Master of Architecture from Yale School of Architecture and a BA from Yale College. He has taken various Independent Real Estate Courses and Seminars pertaining to real estate appraisal and brokerage at the MIT Center for Real Estate.

Sharon L. Anderson

Sharon Anderson brings to her advisory work over 25 years experience as a real estate developer, underwriter, manager, advisor, valuation counselor, and community development specialist.  Areas of specialization include market and financial analysis, due diligence, financial structuring, and project management for acquisition, development, renovation, and repositioning, and organization and business consulting including business planning, program development, organization and program assessment, competitive analysis, training/coaching for staff, board and community leaders, and performance measurement and outcome planning.

As founding Principal of ALT Advisors, Ms. Anderson has provided valuation, market and financial feasibility analyses, technical assistance and coaching for organizational and leadership development, organizational assessments and performance measurements for real estate and community development entities, packaging of real estate proposals and debt structuring, and strategic planning and implementation for disposition.

Her experience also includes serving as Director of Real Estate and Neighborhood Development of the Montgomery Housing Partnership, Inc. where she grew a pipeline to 600+ units with a $90 million development cost, including for-profit partnerships for multi- and single-family, renovation, and new construction, negotiating and acquiring large multi-family properties using complex public-private financing and maximizing the benefits of tax credits, bonds, partner investments and grants to assure the project viability.

As Director of Lending for NeighborWorks Capital, Ms. Anderson directed origination, underwriting, marketing, portfolio management and servicing for a $30 million CDFI, leveraging $600 million in public and private resources and provided pre-development and acquisition loans for commercial, multi-family and subdivision real estate developed by a high-performing national network of non-profit corporations, closed $11.8 million in loans and originated $50 million.  Investments fueled $37.5 million in development, resulting in the creation of more than 1,700 housing units and 200,000 SF of commercial space.  Structured mezzanine and subordinate debt.

Ms. Anderson was Deputy Director for Planning and Development for the City of Lowell, MA. While employed at the Massachusetts Government Land Bank, she administered a $50 million housing and economic development portfolio, acted as project manager for redevelopment of REO properties using low income housing tax credits, restructured/refinanced under-performing commercial, residential and mixed-use properties, administered loan servicing and supervised property management.

Ms. Anderson is practitioner faculty teaching market analysis at Johns Hopkins University, Carey School of Business and is an advisor on Masters Capstone projects at Georgetown University.  She received her MBA from Boston University and BA from North Park University in Chicago, Illinois. She continued her studies at University of Massachusetts - Lowell, Department of Regional Economic and Social Development, the Appraisal Institute, and the doctoral program in Community Economic Development at Southern New Hampshire University.  She has been an active member of numerous organizations involved in development and community development, including Alliance for Nonprofit Management, Citizens Planning and Housing Association, Maryland Association of Nonprofit Organizations, National Low Economic Development, Housing Association of Non-profit Developers.

Dennis Moy

Dennis Moy has five years experience in research, computer/information management, and architectural design. He has provided market and other research and technology support for numerous Abramson & Associates, Inc. projects. He holds a BS from Lawrence Technological University.