Company History

Masse Real Estate

2005
Compass Realty Partners is Founded

David Masse, along with five others, forms Compass Realty Partners, which raises over $55 million in debt and equity to redevelop four automotive dealerships and one 80,000-square-foot retail development.

2007
Masse forms Compass Realty Associates

Masse forms Compass Realty Associates with two partners to redevelop commercial locations throughout New England. Compass has redeveloped 2 million square feet of property.

2010
Panther Properties Founded

Masse forms Panther Properties with a partner to purchase, develop, and manage multifamily properties located in the southeastern United States. Panther had acquired and/or developed approximately 5,000 units totaling $700 million during Masse’s tenure.

AAM15 Management

2008
Holiday Inn Select in Woburn Acquired

Masse invested in the acquisition of the distressed 197-room Holiday Inn Select in Woburn, MA and becomes the majority owner of the Holiday Inn Select in 2009.

2009
AAM15 Management, LLC Formed

Masse forms AAM15 Management, LLC to operate the Holiday Inn Select.

2012
Crowne Plaza Renovation

Completed major renovation of guest rooms, exterior, and all mechanical systems and rebrand hotel to a 199-room Crowne Plaza (IHG’s upscale brand).

2013
Renovation of the Year Awarded

AAM15 Management, LLC receives InterContinental Hotels Group’s (IHG’s) renovation of the year award.

Crowne Plaza Boston Wins Award

AAM15’s Crowne Plaza Boston – Woburn receives IHG’s torchbearer award for brand-leading guest satisfaction results.

2014
Crowne Plaza Boston Wins Award Again

For the second straight year, AAM15’s Crowne Plaza Boston – Woburn receives IHG’s torchbearer award for brand-leading guest satisfaction results.

2016
Residence Inn Burlington Acquired

Acquired the ground up development of the 170-suite Residence Inn Burlington, MA.

2017
Cambria Suites in Roanoke Acquired

Acquired the 127-room Cambria Suites by Choice Hotels in Roanoke, VA from a distressed seller.

Marriott Residence Inn Acquired

Closed on the acquisition of the 108-room Marriott Residence Inn Colchester, VT.

Recipient of IHG’s Torchbearer Award

Recipient of IHG’s Torchbearer Award for brand leading guest satisfaction results.

2018
Hilton Garden Inn Freeport Acquired

Closed on the acquisition of the 99-room Hilton Garden Inn Downtown Freeport, ME.

Cambria Suites Rebranded

Successfully rebranded and refranchised the Cambria Suites by Choice Hotels to a 127-room SpringHill Suites by Marriott.

Development of Marriott Residence Inn Manchester Begins

Began the permitting process on the ground-up development of a 123-room Marriott Residence Inn Manchester, NH.

DoubleTree by Hilton Burlington Acquired

Closed on the acquisition of the 309-room DoubleTree by Hilton Burlington, VT.

Walgreens in Malden, MA

 Closed on a Walgreens in Malden, MA

2019
Embassy Suites by Hilton Portland Acquired

Closed on the acquisition of the 119-suite Embassy Suites by Hilton Portland, ME.

Awarded Renovation of the Year from Hilton

Renovation of the Year from Hilton for the Hilton Garden Inn in Freeport, Me

Two Properties in Yonkers, NY Acquired

Closed on the acquisition of the 154-room Courtyard by Marriott and 144-suite Residence Inn by Marriott both located in Yonkers, NY.

2020
CVS Pharmacy and Auto Zone in Warren, RI

Acquire a 2-Pad retail center in Warren, RI

Residence Inn Manchester, NH Opens

AAM15 opens the 123-suite Residence Inn Manchester, NH

Student Housing in Durham, NH Acquired

Closed on the 12 Unit- 34 Bed student housing in Durham NH, just outside the UNH Campus

2021
Multifamily in Portsmouth, NH Acquired

AAM15 closes on a 120 residential unit multifamily property

Multifamily Burlington, VT Acquired

Closed on 109 Residential apartments and 3 small commercial spaces

Kelly’s Roast Beef In Salem, NH

Constructed and opened New Hampshire’s first Kelly’s Roast Beef in Salem, NH

2022
Multifamily in Lebanon, NH

Closed on Multifamily in Lebanon, NH

Golf Club at Turner Hill in Ipswich, MA

Closed on the acquisition of an 18-hole, award winning championship golf course

Kelly’s Roast Beef in Salem, NH

Constructed and Opened a new Kelly’s Roast Beef in Salem, NH

Development of Multifamily in Danvers, MA

Closed on and began construction on a new luxury apartment building in Danvers, MA

Awarded Guest Service Excellence Award

AAM15 awarded the Guest Service Excellence Award from Marriott International

Awarded Horizon Award

AAM15 Horizon Award from Marriott International for excellence in portfolio operations with reliable development of new properties

Awarded Editor’s Choice for Best Wedding Venue

AAM15 awarded Editor’s Choice for Best Wedding Venue by North Shore Magazine for the Mansion at the Golf Club at Turner Hill

2023
Residence Inn Nashua, NH Acquired

AAM 15 closes on the 118- suite Residence Inn Nashua, NH

Awarded Service Impact Challenge Award

AAM 15’s Embassy Suites by Hilton – Portland is awarded Q2 Service Impact Challenge Award

Kelly’s Roast Beef in Dedham, MA

Constructed and opened a new Kelly’s Roast Beef in Dedham, MA

2024
Kelly’s Roast Beef in Worcester, MA

Constructed and opened a new Kelly’s Roast Beef in Worcester, MA