CL Waterfront Properties’ ExperienceCL Waterfront Properties has a successful history of selling a wide-range of residential and commercial assets for individual and institutional clients throughout Boston. Opened in 2010, CL Waterfront Properties has already sold more than $300M of real estate and become one of the top listing brokerages in Boston.

Ms. Laurella founded East Coast Capital in 1989, which became the leading privately-held, tax credit syndicator in The United States. Carmela Laurella has extensive experience syndicating properties with historic and low income housing tax credits. The historic tax credit was included in countless transactions; more specifically, she has syn-dicated six former Churches, Rectories and School properties. Carmela Laurella is often referred to be an expert regarding the process and limitations associated with historic designation.

In 2002, Carmela Laurella led the largest transformation on the Waterfront in 10 years with the conversion of Commercial Wharf East. This project converted zoned commercial use into residential. The marketing of this property took extensive research and due diligence, along with interactions between the Environmental Protec-tion Agency and Chapter 91. Carmela Laurella and her team are often asked to consult on numerous projects concerning Chapter 91.

Dave Costello, Senior Vice President has consulted with national developers regarding residential projects in Faneuil Hall, East Boston and Bulfinch Triangle. Dave Costello has been featured in the Boston Globe, Boston Business Journal and Boston Herald for his views on development throughout Boston.

Travis Sachs, Vice President is often asked to consult on the views of the market with developers and investors. He has been featured in the Wall Street Journal, New York Times, Boston Homes, and Boston Globe. Travis Sachs leads the commercial department of the firm and represents multiple high-profile Tenants and Landlords in ongoing commercial transactions.

Most recently, Dave and Travis are working on the development of 21 apartments at 49 Melcher Street in the Seaport District.

Lead by Carmela Laurella, who sold over $100M of real estate in 2013, CL Waterfront’s diverse sales background includes commercial, development, institutional investors and non-profit organizations.