Greater Boston & New England Real Estate Development
Intrepid Real Estate Developers acquires, entitles and develops exceptional multifamily, industrial and hospitality projects throughout Greater Boston and the broader New England region — moving faster, with more transparency, than institutional developers twice our size.
Our Approach
Intrepid acquires vacant, underutilized and covered land opportunities that are well-located and address a specific housing or lodging need — targeting communities that are welcoming to development but overlooked by larger institutional players.
We take advantage of inefficiencies where smaller and mid-size opportunities are overlooked by larger institutional developers — deploying capital while others remain on the sidelines.
An extensive network of brokers, investors, co-GP partners and consultants sources off- and on-market ground-up development, adaptive re-use and value-add opportunities.
We lead with integrity, transparency, dedication and hard work — never wavering from that foundation, and attracting partners who share our vision and values.
Development Focus
Greater Boston and the broader New England region make up one of the most supply-constrained, demand-rich real estate markets in the country. The region is home to two of the world's top research universities feeding a constant pipeline of graduates, IP and startups; 17 Fortune 500 headquarters; and one of the country's densest concentrations of life sciences, defense technology and advanced R&D employers. Recent zoning reform — including Massachusetts' MBTA Communities Act — is unlocking meaningful new multifamily density in dozens of previously restrictive suburbs, even as housing, industrial and lodging supply continues to lag behind demand. Intrepid focuses where that gap is widest.
Ground-up development and value-add repositioning of 100–300 unit rental and condominium communities in well-located, high-demand neighborhoods.
Ground-up and adaptive-reuse industrial and flex space serving the region's growing life sciences, defense technology and advanced manufacturing employers.
Redevelopment of underutilized assets in secondary, drive-to New England locations, where institutional capital is often reluctant to pursue entitlements.
Track Record
Intrepid's principal has led acquisition, entitlement and repositioning work on historic properties in two of Boston's most demanding neighborhoods for approvals.
North End, Boston, MA
Led the successful acquisition, predevelopment, entitlement and disposition of a historic Bed & Breakfast in Boston's North End. Navigated the neighborhood's dense ZBA, ISD and neighborhood-committee approval process to secure zoning relief and permits for four luxury condominiums, sold at above-market prices.
Beacon Hill, Boston, MA
Led the acquisition and repositioning of a historic brownstone in Beacon Hill — adding units and living space and securing neighborhood and historic-committee approval for rooftop space. Increased net operating income by 200% over five years of ownership.
Intrepid maintains an active pipeline of additional acquisition and joint-venture opportunities throughout Greater Boston and the broader New England region.
Selected multifamily investment sales advised while serving as Senior Director at Berkadia.
Lawrence, MA
$95M sale of a 372-unit Class A multifamily portfolio, advised on behalf of the seller. “The communities' convenient location and physical attributes, coupled with strong employment growth in the area, should translate to continued healthy revenue growth for years to come.”
Nashua, NH
$40M sale of a newly built multifamily community along the Merrimack River, marketed on behalf of the seller.
Leadership
Founder & Principal
Matt brings more than 20 years of real estate and capital markets experience to Intrepid, having led or advised on transactions in excess of $1.5 billion. Before founding Intrepid in 2023, he was a Senior Director at Berkadia, one of two inaugural hires who launched the firm's Boston institutional investment sales and advisory office and earned CoStar's Top Sales Award for New England. Previously, while working as a Principal with HNW capital partners, he directed the acquisition and redevelopment of a portfolio of assets spanning office, industrial, flex, multifamily and warehouse assets, with combined acquisition and construction costs exceeding $400 million.
Matt's institutional grounding began early in his career at Eaton Vance, working directly with the firm's fixed-income portfolio managers as a product specialist — experience that continues to shape how he underwrites risk and structures capital for Intrepid's partners today.
B.S., Bentley University · Licensed Real Estate Broker (MA & NY)
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Whether you're a property owner, broker, investor or prospective JV partner, we'd like to hear from you.
matt@intrepidrealestatedevelopers.com