2072 Mass Ave
Frequently Asked Questions
(Updated 03/23/2020)
Capstone Communities and Hope Real Estate Enterprises
Sean D. Hope, a third generation Cantabrigian, is the founder and principal of Hope Real Estate Enterprises LLC in Central Square, Cambridge. Sean has leveraged his experience as a Land Use attorney and former member of the Cambridge Zoning Board in partnership with Capstone Communities LLC to develop Port Landing, a 20 apartment 100% affordable housing development at 131 Harvard Street in The Port and Frost Terrace, a 100% affordable development at 1791 Massachusetts Avenue in Porter Square (currently under construction).
Sean is deeply committed to improving the quality of life for Cambridge residents through his work with the Margaret Fuller Neighborhood house, Cambridge Children and Family Services (CFCS), and the Cambridge Historical Society.
Jason Korb is the principal of Capstone Communities LLC where he has developed market rate, mixed income, and 100% affordable housing. Since founding Capstone in October 2010, Jason has successfully completed a total of $60,000,000 in development transactions in Cambridge, Somerville, Arlington, Newton and Brockton Massachusetts. Prior to forming Capstone, Jason was the Vice President of Acquisitions at Beacon Communities LLC, a developer, owner, and manager of over 10,000 apartment homes.
Jason is a Director of the Citizens Housing and Planning Association and was formerly a Director of Caritas Communities and the Vice-Chair of Preservation Massachusetts.
Capstone and Hope purchased the 2072 Mass Ave site in 2018 for $3.6 million utilizing loan proceeds from the Cambridge Affordable Housing Trust.