Our bankers "develop" long-lasting relationships
Knowing your market is the key to successful real estate development, and there's little doubt that Gwen Simpkins is testament to this fact. She’s been running Delaporte Development Inc. in Somerville for the past thirty years, and during that period her company has developed or rehabbed countless properties throughout the Greater Boston area.
It’s hard enough to manage a large construction project without dealing with unnecessary hurdles along the way. I value the long-term relationship that I’ve developed with Dick Felteau − he makes the banking side of my job easy. It’s great to have a banking relationship where my business is understood and I feel appreciated.
- Gwen Simpkins | Delaporte Development, Inc.
A big reason for Gwen’s success has always been her ability to identify a certain need within a community and then differentiate her projects from the other developments in the area. For instance, seeing a demand for spacious condominiums in the emerging Davis Square area of Somerville, Gwen’s latest project is the construction of seven 2,000 square-foot residential units, along with commercial space on Highland Avenue. Needless to say, North Shore Bank is elated to be along for the ride.
Delaporte Development, Inc. is a twenty-five year old real estate development firm specializing in high end residential construction of single family houses and multi-unit condominiums, renovations and adaptive re-use of industrial buildings into housing. The firm’s work has won historic restoration awards and been featured on PBS television’s "This Old House" as well as in national design magazines.
We understand that each company’s situation and goals are different — to discuss the available options, contact us online or call a North Shore Bank Commercial Lender. You can even get a jump start on the process by downloading a commercial loan application or personal financial statement.