2025 Swain Distinguished Service Award Recipient
A Legacy of Leadership, A Vision for the Future
National Development is led by a dynamic team of seasoned professionals: Brian Kavoogian (CEO), Ed Marsteiner (President), Andrew Gallinaro (CIO), Steve Kinsella (CFO), and Charlie Rollins (COO). This leadership marks a new chapter following the March retirement of co-founder Ted Tye—the final transition from the firm’s founding partners. The team continues to drive National Development’s entrepreneurial spirit and evolution into an institutional investment manager, deploying capital through a series of closed-end funds. They work alongside 250 experienced professionals whose creativity and expertise continue to propel the firm forward.
Purposeful Growth, Meaningful Impact
At the heart of National Development’s mission is a belief that social and environmental responsibility are essential to sustainable economic growth. The firm takes a holistic approach to environmental and social responsibility—integrating best practices across its projects and supporting the communities it serves.
A longtime leader in sustainable development, National Development built Massachusetts’ first LEED Gold-certified multifamily building and continues to prioritize resiliency across its portfolio. The firm supports nearly 60 nonprofit organizations each year through financial contributions, pro bono services, and volunteerism. Its leaders serve on the boards of many of Greater Boston’s most impactful nonprofits, reinforcing a strong culture of civic engagement. With long-standing involvement in organizations like the Community Foundation for MetroWest and Heading Home, National Development and its employees take pride in giving back to the neighborhoods where they live and work.
Notable Projects Across Sectors
National Development has developed, invested in, and repositioned high-profile properties throughout the Northeast, creating impact across asset types—from multifamily and senior housing to industrial, life sciences, office, and hospitality. Notable projects include:
Learn more about National Development.
National Development is led by a dynamic team of seasoned professionals: Brian Kavoogian (CEO), Ed Marsteiner (President), Andrew Gallinaro (CIO), Steve Kinsella (CFO), and Charlie Rollins (COO). This leadership marks a new chapter following the March retirement of co-founder Ted Tye—the final transition from the firm’s founding partners. The team continues to drive National Development’s entrepreneurial spirit and evolution into an institutional investment manager, deploying capital through a series of closed-end funds. They work alongside 250 experienced professionals whose creativity and expertise continue to propel the firm forward.
Purposeful Growth, Meaningful Impact
At the heart of National Development’s mission is a belief that social and environmental responsibility are essential to sustainable economic growth. The firm takes a holistic approach to environmental and social responsibility—integrating best practices across its projects and supporting the communities it serves.
A longtime leader in sustainable development, National Development built Massachusetts’ first LEED Gold-certified multifamily building and continues to prioritize resiliency across its portfolio. The firm supports nearly 60 nonprofit organizations each year through financial contributions, pro bono services, and volunteerism. Its leaders serve on the boards of many of Greater Boston’s most impactful nonprofits, reinforcing a strong culture of civic engagement. With long-standing involvement in organizations like the Community Foundation for MetroWest and Heading Home, National Development and its employees take pride in giving back to the neighborhoods where they live and work.
Notable Projects Across Sectors
National Development has developed, invested in, and repositioned high-profile properties throughout the Northeast, creating impact across asset types—from multifamily and senior housing to industrial, life sciences, office, and hospitality. Notable projects include:
- Lilly Seaport Innovation Center, Boston, MA
- Ink Block South End, Boston, MA
- Constitution Wharf, Boston, MA
- The District Burlington, Burlington, MA
- East Hartford Logistics & Technology Park, East Hartford, CT
- Iron Works South Boston, Boston, MA
- Longwood Center, Boston, MA
- Market Street Lynnfield, Lynnfield, MA
- Station Landing, Medford, MA
- University Station, Westwood, MA
- Waterstone at Lexington, Lexington, MA
- Waterstone at The Circle, Boston, MA
- Waterstone at Wellesley, Wellesley, MA
- Woodland Station, Newton, MA
- 99 Coolidge, Watertown, MA
Learn more about National Development.
