Company History
Masse Real Estate
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.
Masse forms Compass Realty Associates with two partners to redevelop commercial locations throughout New England. Compass has redeveloped 2 million square feet of property.
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
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.
Masse forms AAM15 Management, LLC to operate the Holiday Inn Select.
Completed major renovation of guest rooms, exterior, and all mechanical systems and rebrand hotel to a 199-room Crowne Plaza (IHG’s upscale brand).
AAM15 Management, LLC receives InterContinental Hotels Group’s (IHG’s) renovation of the year award.
AAM15’s Crowne Plaza Boston – Woburn receives IHG’s torchbearer award for brand-leading guest satisfaction results.
For the second straight year, AAM15’s Crowne Plaza Boston – Woburn receives IHG’s torchbearer award for brand-leading guest satisfaction results.
Acquired the ground up development of the 170-suite Residence Inn Burlington, MA.
Acquired the 127-room Cambria Suites by Choice Hotels in Roanoke, VA from a distressed seller.
Closed on the acquisition of the 108-room Marriott Residence Inn Colchester, VT.
Recipient of IHG’s Torchbearer Award for brand leading guest satisfaction results.
Closed on the acquisition of the 99-room Hilton Garden Inn Downtown Freeport, ME.
Successfully rebranded and refranchised the Cambria Suites by Choice Hotels to a 127-room SpringHill Suites by Marriott.
Began the permitting process on the ground-up development of a 123-room Marriott Residence Inn Manchester, NH.
Closed on the acquisition of the 309-room DoubleTree by Hilton Burlington, VT.
Closed on a Walgreens in Malden, MA
Closed on the acquisition of the 119-suite Embassy Suites by Hilton Portland, ME.
Renovation of the Year from Hilton for the Hilton Garden Inn in Freeport, Me
Closed on the acquisition of the 154-room Courtyard by Marriott and 144-suite Residence Inn by Marriott both located in Yonkers, NY.
Acquire a 2-Pad retail center in Warren, RI
AAM15 opens the 123-suite Residence Inn Manchester, NH
Closed on the 12 Unit- 34 Bed student housing in Durham NH, just outside the UNH Campus
AAM15 closes on a 120 residential unit multifamily property
Closed on 109 Residential apartments and 3 small commercial spaces
Constructed and opened New Hampshire’s first Kelly’s Roast Beef in Salem, NH
Closed on Multifamily in Lebanon, NH
Closed on the acquisition of an 18-hole, award winning championship golf course
Constructed and Opened a new Kelly’s Roast Beef in Salem, NH
Closed on and began construction on a new luxury apartment building in Danvers, MA
AAM15 awarded the Guest Service Excellence Award from Marriott International
AAM15 Horizon Award from Marriott International for excellence in portfolio operations with reliable development of new properties
AAM15 awarded Editor’s Choice for Best Wedding Venue by North Shore Magazine for the Mansion at the Golf Club at Turner Hill
AAM 15 closes on the 118- suite Residence Inn Nashua, NH
AAM 15’s Embassy Suites by Hilton – Portland is awarded Q2 Service Impact Challenge Award
Constructed and opened a new Kelly’s Roast Beef in Dedham, MA