Investments

Ryder

Revere, MA

276,420 SF | 200 Units

Mixed-Use (Multifamily & Retail) Development

Ryder, is a 1.6-acre waterfront development site located along Revere Beach with direct access to two MBTA Blue Line stations. The property offered a rare opportunity to create a premier residential community combining beachfront living with convenient connectivity to Downtown Boston. RCP partnered with AEW through a joint venture to execute this off-market opportunity, leveraging deep local knowledge, residential expertise, and a strong understanding of regulatory and development processes to manage risk and maximize value.

Redgate led all aspects of the project’s design, delivery, and asset management through completion. In June 2022, the asset was sold to Invesco.

Photo Credit: Trent Bell Photography

Amenities

  • Outdoor deck with ocean views
  • Bar/lounge/media concept
  • Outdoor lap pool
  • Communal workspace
  • Game room
  • Dog care facility
  • Fitness center
  • Residential parking

Status

Sold in 2022





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