• 77
    Total Units
  • 100K
    Total SF
  • 6,300
    Retail SF
  • 129
    Parking Spaces
  • $33.3M
    Total Project Cost
  • Target IRR
Market Context

Why Bridgewater

Bridgewater is an emerging suburban growth market 30 miles south of Boston, fueled by university-driven demand, rising household incomes, and a town-wide master plan to revitalize the Central Business District. The submarket currently has no Class-A apartment inventory.

  • πŸŽ“
    9,500BSU Students

    Half a mile from the project site, Bridgewater State University enrolls approximately 9,500 students and employs over 750 faculty and staff, generating steady year-round demand for housing, retail, and services.

  • πŸš†
    500 ftProposed MBTA Station

    Plans to relocate Bridgewater Station northward will place commuter rail access approximately 500 feet from the property, providing a 45-minute connection to downtown Boston.

  • πŸ™οΈ
    $112KArea Median Income

    The District will serve as a first-mover in Bridgewater’s downtown redevelopment, supported by a development-friendly form-based code and the town’s Vision to Reality Masterplan.

Project Highlights

Three Buildings. 77 Units.

53 one-bedroom units across 7 floor plans and 24 two-bedroom units across 5 floor plans β€” designed for flexibility and broad renter appeal. 6,281 SF of ground-floor retail activates the street and diversifies revenue.

  • Building A

    15 residential units (9 one-bed, 6 two-bed) across three stories above 2,959 SF of ground-floor retail. Street-facing facade with modern fiber cement and brick.

  • Building B

    20 residential units (14 one-bed, 6 two-bed) with three distinct floor plan types and 1,660 SF of retail. Four-story structure anchoring the eastern edge of the site.

  • Building C

    42 units (30 one-bed, 12 two-bed), 1,687 SF of retail, and 31 ground-level garage parking spaces. The largest structure, positioned along the rear with surface parking access.

Design & Finishes

Class-A Quality Throughout

Every unit features premium finishes selected for durability and broad renter appeal β€” positioning The District as the clear quality leader in a submarket with no comparable product.

  • ⛰️
    Stone Countertops
  • πŸ—„οΈ
    Slab Cabinets
  • 🍳
    Stainless Appliances
  • πŸ‘•
    In-Unit Laundry
  • πŸ›‹οΈ
    Resident Lounge
  • πŸ’ͺ
    Fitness Center

Community Amenities

  • 🍽️
    On-Site Dining & Entertainment
  • 🌳
    Shared Outdoor Space
  • πŸͺ
    On-Site Retail
  • πŸ“
    Prime Downtown Location
  • ✨
    Luxury Finishes
  • πŸ…ΏοΈ
    Private Resident Parking
Investment Highlights

Conservative Capital Structure

Institutional-grade financing with meaningful sponsor co-investment. The sponsor has committed a minimum of 5% of total equity.

  • $33.3M
    Total Project Cost
  • 65%
    Loan-to-Cost
  • Target IRR
  • 1.80x
    Target Equity Multiple
Project Timeline

From Construction to Exit

  • Q3 2025 β€” Q2 2026Construction

    16-month build period. General Contractor: Camford Property Group.

  • Q4 2026 β€” Q4 2027Lease-Up

    Phased delivery of Buildings A, B, and C with pre-leasing campaigns.

  • Q1 2028Stabilization

    Projected stabilized NOI of $2.03M at 6.11% return-on-cost.

  • 2028 β€” 2031Refi / Exit

    Year 3 refinance, projected Year 5 exit at $44M implied value.

Development Partner

Churchill James LLC

Churchill James is a Boston-based real estate development firm leading the execution of The District. The firm brings hands-on expertise across acquisitions, design, construction management, finance, and government relations.

  • Tom KeanePartner β€” Acquisitions & Development
  • Chris ArchambaultPartner β€” Finance & Investments
  • Tony KhalifePartner β€” Operations & Controller
  • Harry DiLeoPartner β€” Strategy & Gov. Relations
Get in Touch

Connect with GenWel Capital

Robert Napolitano, Managing Partner

Interested in The District?

To learn more about this project or request the full investor presentation, contact our team.

Important Disclosures β€” Please Read

This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any such offer or solicitation may be made only by means of a Confidential Private Placement Memorandum (β€œPPM”) and related subscription materials, which contain material information about the applicable fund, including risks, fees, and conflicts of interest.

Investments in private funds are speculative, involve a high degree of risk, are illiquid, and may result in the loss of some or all invested capital. Past performance is not indicative of future results.

Offerings are available only to β€œaccredited investors” as defined under Rule 501 of Regulation D. Verification of accredited investor status is required prior to investment.

GenWel Capital LLC is not registered as an investment adviser with the Securities and Exchange Commission. Napier Financial is a registered investment adviser; references to Napier Financial on this website are for informational purposes and do not constitute investment advice. Neither GenWel Capital LLC nor its affiliates is a broker-dealer.

Back to Top