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 Burlington Acquired

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

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.

2019

Embassy Suites by Hilton Portland Acquired

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

Construction Begins on Residence Inn by Marriott in Manchester

Started construction of the 123-suite Residence Inn by Marriott in Manchester, NH.

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

Residence Inn Manchester, RI Opens

Opened the Manchester, RI Residence Inn