Carpionato Group, LLC is a leading real estate development company based in New England, operating for over five decades. A privately owned and managed firm, it has established itself as a prominent player in the real estate sector, thanks to its vast portfolio of over six million square feet of Class A retail, office, residential, and hospitality properties. With a development project pipeline valued at approximately $1.5 billion, the company is committed to growth and excellence.
The Carpionato Group is known for its comprehensive approach that includes leasing, development, property management, marketing, and construction. Its subsidiaries, such as National Investments, which manages more than 1,500 HUD-subsidized housing units, and Greene Construction, a fully integrated construction company, further enhances the Group's capabilities in real estate development and management. The company not only focuses on new developments but also revitalizes historic properties, as seen in their restoration of the Anglesea Mansion in Newport, Rhode Island, which has become a tourist attraction, and their transformation of the Howard Reservation into a vibrant community.
Founded by Alfred Carpionato, who turned his humble beginnings into a successful career by leveraging his keen business acumen and vision, Carpionato Group has thrived even through economic downturns, demonstrating resilience and strategic foresight. The company is highly respected in the industry and is known for its engagement in public-private partnerships and community development initiatives. With over 500 employees, it is committed to contributing to local economies and enhancing the quality of living in the areas where it operates. As a philanthropic organization, it supports various charitable initiatives, reflecting its commitment to giving back to the community, a value strongly instilled by its late founder.
