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Our Story
North Bridge Development was founded by brothers Dominick and Matthew Caruso - both representing institutional quality experience in real estate investment, development, asset management, and construction management and a passion for entrepreneurship.
Our mission is to provide end-to-end solutions that elevate the standards of real estate development, ensuring each project is professionally managed and focuses on value maximization.
With an unwavering commitment to transparency, accountability, and maximal results, the pair have successfully managed hundreds of millions of dollars in real estate assets and projects.
Dominick Caruso IV
Dominick Caruso IV has 13+ years in real estate development & construction management experience. He holds a B.S. in Construction Management with a minor in Business Finance, magna cum laude, from New Jersey Institute of Technology.
Prior to co-founding North Bridge Development, Dominick spent 7 years at Belle Associates, a construction management firm partnered with Roseland Residential Trust (a Mack-Cali Company). He spent his time at Belle as a Project Manager where he participated in just over $400M in residential multifamily and hotel construction (1,000+ units) and $600M in cost estimating and conceptual budgeting.
Dominick's development portfolio spans diverse projects ranging from larger 30+ acre, 3-5 story wood frame projects to 1 acre 10+ story hollow core plank/cast in place structures all boasting 200-375 units in size.
His skill sets include conceptualized budgeting, cost estimation, value engineering, design review, project accounting, cash flow projection, contract negotiation, scheduling, and comprehensive project oversight.
Matthew Caruso
Matthew Caruso has a decade’s worth of real estate investment, development, and asset management experience and holds a B.S. in Real Estate with a minor in Business Law, summa cum laude, from Penn State’s Smeal College of Business.
Prior to co-founding North Bridge Development, Matt worked for Tishman Speyer’s New York investment group focusing on asset management, investment, and development.
Prior to that, he spent several years working for Wells Fargo’s real estate finance group in New York, specializing in the underwriting/origination of over $2.6Bn worth of construction/development loans.
Matt has also held analyst positions for both Silverstein Properties and Advance Realty as part of their investment & development groups.
Matt’s investment experience spans complex and institutional debt/equity transactions including distressed loan workouts, distressed asset repositioning's, residential land entitlement (200+ units; 50+ acres), major redevelopment master-planning, commercial leasing and hands-on asset management of 3M+ SF of office space.
