BOSTON — Suffolk Ventures, an affiliate of Suffolk, has hired Sara Myerson, the former Director of Planning for the Boston Planning and Development Agency (BPDA), as its new Vice President.
Suffolk Ventures provides late stage pre-development capital to real estate developers for select projects nationally that can meet its targeted investor returns. Leveraging a close affiliation with national contractor Suffolk Construction, Suffolk Ventures assists eligible projects with their pre-construction capital raise and pre-development processes.
“Sara’s background in real estate, finance and policy, along with her expertise in neighborhood transformations and strategic developments, will be an incredible asset to developers who need assistance making their development visions a reality,” said John Fish, Chairman and CEO of Suffolk and a principal of Suffolk Ventures. “Suffolk Ventures is absolutely thrilled to have someone of Sara’s stature and level of expertise on its leadership team to add real value for clients as they raise capital and navigate the complicated development process.”
Prior to her new position at Suffolk Ventures, Ms. Myerson served as the Director of Planning at the Boston Planning and Development Agency (BPDA) where she oversaw the agency’s work related to planning, urban design and zoning with a focus on working in partnership with the community to guide inclusive growth and shape the future of Boston. Prior to joining the BPDA, Ms. Myerson served as the Chief of Staff and Director of Policy at Preservation of Affordable Housing (POAH) in Boston, a nonprofit developer dedicated to preserving and creating affordable homes for low- and moderate-income households. She began her career at Goldman Sachs where she spent time in the Urban Investment Group (UIG) and the Investment Banking Division.
Ms. Myerson holds a Master’s degree in Urban Planning from Harvard University and a Bachelor of Arts degree from Middlebury College.
Suffolk Ventures, an affiliate of Suffolk, is an investment vehicle created to partner with real estate developers to invest in select properties across the country that can meet its targeted investor returns.
Leveraging Suffolk’s unique expertise and position in the industry, Suffolk Ventures’ mission is to assist developers in the pre-construction capital raise and pre-development process. We invest only in developer partners with proven track records of success within specific real estate asset classes and geographic markets. With support from Suffolk’s expert project planners and our investments with developers at the general partner level, Suffolk Ventures sits at the center of a de-risked development process that provides developers and investors with greater predictability and budget certainty, increased profitability and certainty of execution.