{"id":1004031417,"date":"2011-08-04T06:07:18","date_gmt":"2011-08-04T14:07:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004031417"},"modified":"2022-12-05T02:31:34","modified_gmt":"2022-12-05T10:31:34","slug":"new-boston-fund-promotes-from-within-to-advance-growth-strategy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\/","title":{"rendered":"New Boston Fund Promotes from Within to Advance Growth Strategy"},"content":{"rendered":"<p><strong>August 4, 2011<\/strong><br \/>\n<em>By Barbra Murray, Contributing Editor<\/em><br \/>\n<a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/08\/080411-New-Boston-Fund-Tim-Medlock.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004031418\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\/080411-new-boston-fund-tim-medlock\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/08\/080411-New-Boston-Fund-Tim-Medlock.jpg\" data-orig-size=\"500,822\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Jordan de Guzman&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1245432313&quot;,&quot;copyright&quot;:&quot;2009 Jordan de Guzman Photography, All Rights Reserved&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"080411 &#8211; New Boston Fund &#8211; Tim Medlock\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/08\/080411-New-Boston-Fund-Tim-Medlock.jpg?w=500\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/08\/080411-New-Boston-Fund-Tim-Medlock.jpg\" alt=\"\" title=\"080411 - New Boston Fund - Tim Medlock\" width=\"150\" height=\"150\" class=\"alignright size-thumbnail wp-image-1004031418\" \/><\/a><\/p>\n<p>Developments. Acquisitions. New Boston Fund Inc. is making moves to increase its presence in key markets in the Northeast, Mid-Atlantic and Southeast, and recent promotions &#8212; including CFO and COO Tim Medlock&#8217;s appointment to the position of president &#8212; mark the latest step in the company&#8217;s investment strategy. <\/p>\n<p>&#8220;As we continue to solidify our regional investment model and build momentum, these new appointments reflect New Boston\u2019s commitment to its future success and dedication to empowering our talented senior management team,&#8221; James W. Rappaport, CEO and Chairman, told Commercial Property Executive. <\/p>\n<p>Medlock will take on the responsibility of overseeing the private-equity real estate investment, development and management firm&#8217;s day-to-day operations and, along with chief investment officer Jim Kelleher, will play a vital part in implementing New Boston&#8217;s investment pursuits across its various funds.  Medlock, a 12-year veteran of the company, will also spearhead the executive committee and oversee the launching of a new investment fund this fall. And those are just a few of the tasks on his plate.  <\/p>\n<p>&#8220;We have worked hard to evolve the New Boston organization and I am confident in Tim and Jim\u2019s results-driven performance and strong leadership skills,&#8221; Rappaport said. &#8220;Over the past 12 months we&#8217;ve competed more than $100 million in acquisitions and we believe that the recent capital-markets bubble will continue to provide for attractive investment opportunities for several years as markets seek to re-calibrate, solidly positioning our firm for the future.\u201d<\/p>\n<p>Kelleher, who is also chairman of the investment committee, will continue to shape and orchestrate New Boston&#8217;s investment strategy, working with the firm&#8217;s regional directors, including Gary Hofstetter, who has been promoted to the position of northeast regional director. Hofstetter will also continue as head of the asset and property management division. Additionally, Mike Doherty will step into Medlock&#8217;s shoes as the new CFO, while maintaining his responsibilities as senior vice president of portfolio strategy,<\/p>\n<p>\u201cThese appointments create a strong leadership team to capitalize on the opportunities in our key regional areas of focus,&#8221; Medlock said. &#8220;In addition to having a results-driven chief investment officer in Jim Kelleher, we have the unique advantage of having on-the-ground regional directors in each of our primary markets with Gary Hofstetter in the Northeast, Pat Shooltz in the Mid-Atlantic and Pryse Elam in the Southeast. They allow us to have eyes and ears in markets where we see opportunities to invest.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Boston Fund is making moves to increase its presence in key markets in the Northeast, Mid-Atlantic and Southeast, and CFO and COO Tim Medlock has just been appointed to the position of president.<\/p>\n","protected":false},"author":1201,"featured_media":1004031418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21808,11,21742,10],"tags":[],"class_list":["post-1004031417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-midatlantic","category-latest","category-northeast"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New Boston Fund Promotes from Within to Advance Growth Strategy - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Boston Fund Promotes from Within to Advance Growth Strategy\" \/>\n<meta property=\"og:description\" content=\"New Boston Fund is making moves to increase its presence in key markets in the Northeast, Mid-Atlantic and Southeast, and CFO and COO Tim Medlock has just been appointed to the position of president.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-04T14:07:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T10:31:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/08\/080411-New-Boston-Fund-Tim-Medlock.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"822\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nicholas Ziegler\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\\\/\"},\"author\":{\"name\":\"Nicholas Ziegler\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ff3a837f33daecfcf8978b405eaae20c\"},\"headline\":\"New Boston Fund Promotes from Within to Advance Growth Strategy\",\"datePublished\":\"2011-08-04T14:07:18+00:00\",\"dateModified\":\"2022-12-05T10:31:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\\\/\"},\"wordCount\":419,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/08\\\/080411-New-Boston-Fund-Tim-Medlock.jpg\",\"articleSection\":[\"Featured\",\"Mid-Atlantic\",\"News\",\"Northeast\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/new-boston-fund-promotes-from-within-to-advance-growth-strategy\\\/\",\"name\":\"New Boston Fund Promotes from Within to Advance Growth Strategy - 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