New Boston Fund, Inc., has hired John Pavan as senior vice president and northeast regional director of development.
In his new role, Pavan will be responsible for providing leadership, oversight, and day-to-day management of New Boston's Northeast U.S. real estate development initiatives. The $1 billion portfolio consists of a variety of projects. Pavan will also evaluate the feasibility of development opportunities, oversee implementation of development projects, and identify and select investments for New Boston.
"We are thrilled to welcome John to our team," said Jerry Rappaport Jr., president and CEO of New Boston.
Pavan brings more than 20 years of real estate development experience. As a principal or senior officer, Pavan has been responsible for developing an array of housing formats, including condos, manufactured home communities, single-family, multifamily, and assisted living. Pavan's experience also includes acquisitions, entitlements, asset and property management, finance, and operations at The Northbridge Cos., The Stabile Cos. and Benchmark Assisted Living, LLC
Throughout his career, Pavan has been involved in the development of nearly 2,000 residential units.
A resident of Acton, Mass., Pavan has served as chairman of the town's Planning Board and held regional planning and economic development roles. He graduated with a BS in Civil & Environmental Engineering from Clarkson Univ. in Potsdam, N.Y.