Executive Team & Management

Our leadership team shares a common philosophy about being successful in residential real estate: deliver a quality product, provide excellent customer service, and foster an environment that attracts and retains the best people. Learn more below about the dedicated team of executives who are the visionaries behind Chestnut Hill Realty.

CHR Team

  • Edward Zuker
    Edward Zuker
    Founder and CEO, Chestnut Hill Realty

    Edward Zuker is Chief Executive Officer of Chestnut Hill Realty (CHR), one of New England’s leading vertically integrated residential real estate companies, specializing in multifamily housing. CHR is notable for its award winning horticulture, 24-hour maintenance guarantee and cutting edge Internet marketing platforms. CHR also has significant experience and expertise in third party condominium management, development and property sales.

    Since founding the Company in 1969, Mr. Zuker has expanded CHR’s market share from its base of operations in Brookline, Massachusetts, to Metropolitan Boston and its surrounding suburbs and Rhode Island. The Company’s holdings now include a portfolio valued in excess of $1 billion, comprising more than 4,500 residential units and over 160,000 square feet of commercial property. He has overseen the conversion and sale of more than 2,000 condominium units, and the acquisition, renovation, repositioning and operation of 6,000 rental apartment units. Over the last decade, Chestnut Hill Realty has built and/or rehabilitated more than 1,000 apartments. Mr. Zuker has real estate in his DNA. Collectively, five generations of the Zuker family have been active in the industry. His mission for Chestnut Hill Realty, “Managing People’s Homes with Pride,” is at the core of the Company’s business philosophy.

    A dedicated advocate and influential leader in the real estate industry, Mr. Zuker served as President of the Rental Housing Association (RHA), Vice President and Clerk of the Greater Boston Real Estate Board (GBREB), and President of the Brookline Property Owner’s Association. His accolades include the coveted RHA Industry Excellence Award.

    Philanthropy and giving back to the community are very important to Mr. Zuker. Over the years, CHR as a company and Mr. Zuker as an individual have provided support to numerous charitable organizations through donations and the provision of in-kind services. His achievements include the Distinguished Achievement Award by B’nai B’rith International and the Mollie L. Moon Volunteer Service Award for his contributions as Chairman of the Building Committee for the Urban League of Eastern Massachusetts. Mr. Zuker currently chairs the Real Estate Council of B’nai B’rith Housing New England. Mr. Zuker received the 2010 Urban Land Institute’s Jack Kemp Workforce Housing Models of Excellence Award for his contributions to the B’nai B’rith 33 Comm condominium development. He also co-chaired the Building Committee for Temple Beth Avodah in Newton and spearheaded the creation of the West Roxbury Community Center. More recently, Mr. Zuker donated a Cardiac MRI unit to Children’s Hospital and provided funding for the design, construction and maintenance of the rooftop garden for the Neonatal Department at Brigham and Women’s Hospital.

    A native of Brookline, MA, Mr. Zuker studied finance and architecture and received a bachelor’s degree in business administration from the University of Miami.

  • George McHugh
    George McHugh
    President, Property Management Division, Chestnut Hill Realty

    George McHugh is enjoying a long and distinguished career at Chestnut Hill Realty, having joined the Company in 1981. As President of Property Management, he oversees the property and asset management functions for an apartment portfolio valued in excess of $1 billion, while facilitating the Company’s strategic plans and goals and working closely with the investment, construction and development departments.

    During his tenure at CHR, Mr. McHugh has held a series of increasingly responsible leadership positions, including Vice President of Property Management, Director of Property Management and Director of Condominium Management. He has been instrumental in setting goals and directing growth opportunities for Chestnut Hill Realty and has managed the expansion of the Company from eight employees and 275 units to currently 200 employees and more than 4,600 units in 29 apartment communities. Since 1985, Mr. McHugh has been involved at the decision making and execution for all renovation and development activities and has conducted due diligence on the acquisition of more than 6,000 units.

    Mr. McHugh has contributed to the Company’s significant growth in size and market share through a combination of strategically aligned and seamlessly executed business performance improvement initiatives. His comprehensive understanding of the CHR portfolio has enabled him to evaluate and prioritize needs and implement millions of dollars in capital improvements, which have enhanced asset values and delivered aggressive returns from increased rents and reduced operating costs. Other successful profitability improvement initiatives include management of the Company’s expenditures on energy and the implementation of numerous system improvements, which have reduced energy consumption by more than 30% at some property locations. Along with senior leadership positions in the Property Management Division, Mr. McHugh also served as Director of Condominium Management, creating a third-party management operation that had more than 4,000 units under management and $1 million in revenues before it was sold in 2008. With more than 30 years of industry experience, Mr. McHugh contributes significant insight and expertise as a member of the Company’s strategic leadership committees, including Investment, Strategic Planning, Executive, Senior Leadership, Operations and Energy.

    Mr. McHugh is a past President of the Rental Housing Association (RHA) and has served on its board since 1996. His involvement with the organization has also included Energy Committee Chair, and a member of the Regulatory Policy, Water Sub-metering and Strategic Planning Committees. Other industry affiliations include the Greater Boston Real Estate Board (GBREB), for which he served on its Board of Directors in 1997 and 2010. In addition, Mr. McHugh is a member of the Society of Real Property Administrators (SORPA), and the National Apartment Association (NAA), for which he has served as a curriculum developer and instructor for the Certified Apartment Manager (CAM) designation, and as a delegate at their National Convention. His philanthropic activities include the formation and leadership of George’s Army to raise funds for the American Cancer Society’s Relay for Life.

    A graduate of Westfield State College, Mr. McHugh received a bachelor’s degree in economics and business. He also earned a Real Property Administrator (RPA) designation from the Building Owners and Managers Institute.

  • Peter Poras
    Peter Poras
    President, Investment Division, Chestnut Hill Realty

    When Peter Poras joined Chestnut Hill Realty more than 25 years ago, the Company was emerging as a respected regional owner/operator of multifamily properties with a portfolio of 1,800 units in Greater Boston and Rhode Island. With his expertise in managing investments and securing capital, CHR’s holdings have grown to more than 4,500 units located in 10 high demand locations. To date, Mr. Poras has overseen approximately $1.7 billion in financing transactions and over $300 million in acquisitions. The Company’s portfolio is now valued at more than $1 billion.

    Mr. Poras is responsible for oversight and staffing of all financial functions, strategic planning and growth initiatives, development and acquisitions. He has been involved in the development and construction of hundreds of residential units. Over the last 15 years, he has overseen the due diligence, analysis and decision making processes related to the acquisition of more than 2,000 existing multifamily units. Most recently, Mr. Poras secured over $300 million in refinancing, and obtained construction financing for the redevelopment of Longwood Towers. He also secured capital for the expansion and improvement of the Company’s suburban properties, including the recent $85 million acquisition of two apartment communities in Framingham, MA.

    As a member of the Senior Leadership Team, Mr. Poras is responsible for sourcing and providing capital and liquidity to CHR and its core properties to support company operations and growth. Other noteworthy strategic initiatives Mr. Poras is involved with include the creation and consolidation of CHR’s core values and company-wide goals, which facilitate improved coordination and communication for cross-departmental initiatives between finance, development and property management. He also contributes to the strategic vision and long-term success of the Company as a member of the Strategic Initiatives, Executive and Investment Committees.

    Prior to becoming President of the Investment Division, he served as Chief Financial Officer at Chestnut Hill Realty. Previous to joining CHR, Mr. Poras successfully raised millions of dollars in venture capital as Chief Financial Officer of a major Boston-based software company.

    A supporter of community and business organizations, Mr. Poras has been involved in capital fundraising for the West Suburban YMCA. He also worked closely with several charities and non-profits, including B’nai B’rith Housing New England and Temple Beth Elohim in Wellesley, MA. His industry affiliations include the Rental Housing Association (RHA), and the Real Estate Finance Association (REFA).

    Mr. Poras received a bachelor’s degree in economics from Syracuse University and an MBA in finance from Babson College.

  • Stephen E. Gladstone - Director of Acquisitions and Dispositions
    Stephen E. Gladstone
    Director of Acquisitions and Dispositions

    Among Stephen Gladstone’s areas of responsibility at Chestnut Hill Realty are the oversight of all aspects of property acquisitions and dispositions. On the acquisition side, this includes identifying potential apartment properties for purchase, performing financial and physical analysis, managing broker/seller/lender relations, coordinating the due diligence process, and seeing the acquisition through to closing. During the acquisitions process, he manages a 20+ person interdisciplinary team of company personnel, as well as contracted advisors and consultants for each transaction. Upon acquisition of a property, he oversees the transition to the Property Management Division. On the disposition side, Mr. Gladstone is responsible for the preparation of all financial, property management, and marketing information, oversees the selection of brokers, manages brokerage activities and buyer negotiations, and coordinates with attorneys on all legal documents required to bring the transaction to a successful closing.

    Mr. Gladstone has been responsible for more than $320 million of acquisition activity, adding in excess of 1,600 apartments to the company’s portfolio, as well as $70 million in disposition activity comprising over 225 apartments. Most recently, Mr. Gladstone led the disposition of George Court in Norwood, MA (30 apartments for $6.2M), 14 Centre Street in Cambridge, MA (17 apartments for $11.85M), and the acquisition of a 118 unit apartment building at 1443 Beacon Street in Brookline, MA ($73.5M). Prior to that, he led an interdisciplinary team to acquire Alden Tower at Longwood Towers in Brookline, MA, and Water View Terrace and Water View Village (600 units) in Framingham, MA. He has been the owner’s representative at Longwood Towers for all aspects of the acquisition and subsequent renovation of Alden Tower, including construction, marketing, rentals, sales, condominium management, apartment management, litigation, and owner relations.

    Since joining Chestnut Hill Realty in 1998, Mr. Gladstone has held several positions, including Assistant Property Manager, Property Manager and Community Relations Manager. He has also worked on a number of projects for non-profit organizations, including B’nai B’rith Housing. These projects included the expansion of Covenant House and the renovation and the successful conversion of an apartment property into the 33 Comm condominiums in Chestnut Hill, MA. Prior to joining CHR, Mr. Gladstone worked as a consultant for Computer Sciences Corporation in its Y2K Division. Mr. Gladstone volunteers as a basketball, soccer, and baseball coach, and is an active supporter of Temple Beth Shalom in Needham, MA..

    Mr. Gladstone graduated from Duke University with a Bachelor’s Degree in Public Policy Studies. He is a member of the Rental Housing Association (RHA) and the Real Estate Finance Association (REFA), and holds a salesperson’s license in Massachusetts.

  • Marc L. Levin - Director of Development, Chestnut Hill Realty
    Marc L. Levin
    Director of Development, Chestnut Hill Realty

    Marc Levin began his career at Chestnut Hill Realty more than 25 years ago and has made significant contributions to the size, quality and value of the Company’s portfolio during that time. Since joining the Company, he has overseen over $100 million in development activity. In his current role as Director of Development, he oversees development efforts, serves as project manager or supervises project management activities, and works with local permitting authorities. He also manages CHR’s 160,000-square-foot commercial portfolio located in Massachusetts and Rhode Island, and has negotiated commercial leases valued in excess of $75 million.

    Mr. Levin’s most recent development activities include a full rehabilitation of the 86-unit Alden Tower, one of three luxury high-rise condominium towers in Brookline’s landmark Longwood Towers complex; construction of 54 new units at Norwest Woods in Norwood, MA; construction of 48 new units at Ridgecrest Village in West Roxbury, MA, including a new pool and pool house; and a new clubhouse and 12 new units at Norwood Gardens in Norwood, MA. Mr. Levin is currently pursuing municipal approvals in Boston, Brookline and Cambridge for an additional 300 units.

    In 1987 he successfully oversaw the transformation of the Village at Chestnut Hill shopping center from a dated relic of the post World War II era to an attractive, thriving neighborhood mall with a highly desirable tenant mix. In his capacity as the project manager, he led the comprehensive rehabilitation of the 90,000 square foot commercial space and worked closely with local area residents to understand their needs. As a result, the popular shopping center, now called Hancock Village at Chestnut Hill, is fully occupied and its merchants have some of the highest performing stores in their respective chains. Mr. Levin also coordinated all phases of the planning, permitting and construction of Chestnut Hill Realty’s 30,000 square foot corporate headquarters in 2001. In 1999, Mr. Levin was part of a public/private collaborative team that was charged with reinvigorating Boston’s Roslindale Square area. He researched and made recommendations for possible sites to build a new 20,000 square foot medical and dental center. Ultimately, one of the sites he suggested was approved and the facility was constructed.

    Mr. Levin is a member of Chestnut Hill Realty’s Executive and Investment Committees and Senior Leadership Team. He is a licensed real estate broker and received a bachelor’s degree in economics from the State University of New York at Stony Brook.