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L&G Builds First U.S. Ground-Up Project | Real Estate News
UK-based L&G Asset Management is making its first-ever ground-up development move in the U.S., snagging a $4.75M site in Concord, Massachusetts, to build NOVO Riverside Commons — a two-building, 201-unit complex with 25% affordable housing — partnering with local firm Taurus Investment Holdings. Construction kicks off this fall, with move-ins expected by 2028-2029, as L&G taps into Boston’s booming rental market. This marks a new chapter for the firm, which has already made major investments in Denver and Chicago, signaling a serious expansion into American real estate. Listen in comfort:Get…
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