Abbott Development

Gerard Savard, Principal, Abbott Development
gerard@abbottdev.com

Gerard Savard is a founder and senior partner at Abbott Development, in charge of development and construction. He is actively engaged in new business development, identifying new development opportunities for multi-family rental housing and age-targeted condominium projects.

Previously, Mr. Savard was Vice President of Fleet Real Estate Capital, Inc. (FREC). FREC provided real estate portfolio management and loan servicing to major clients and managed over $2 billion of assets. Mr. Savard managed the equity real estate group which was responsible for over 100 assets with a combined value of $200 million. In addition Mr. Savard was personally involved in the successful redevelopment of several large holdings, and managed the due diligence efforts on two portfolio acquisitions that resulted in $180 million of new business.

Prior to FREC, he was a senior manager at Pertinax Properties. Mr. Savard's experience has included development work on affordable housing sites in the City of Boston; asset management experience with John Hancock Properties; asset and partnership management with First Winthrop Corporation and project management for the City of Boston's Public Facilities Department where he planned and implemented $17 million of capital improvements to city-owned facilities. He has also served as a consultant to the City of Boston School Department, NYNEX and Teradyne Corporation.

Mr. Savard is a graduate of Boston College and received a Master's in Business Administration with an emphasis in Finance from Northeastern University.

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