Worcester Business Journal

June 8, 2026

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wbjournal.com | June 8, 2026 | Worcester Business Journal 21 Dorfman Capital has closed and under contract over $1.5 billion in tax credit equity. Bob Dorfman, founder and CEO of Dorfman Capital, is a fourth generation Worcester native. Noteworthy financings: • Hanover Theatre – New Markets Tax Credits • Voke Lofts, Winn Development – Developer Consultant • Abby's House – MA Low Income Housing Tax Credits • Lofts at Loomworks, The Community Builders – MA Brownfields Tax Credits • Chatham Lofts, The Menkiti Group – MA HDIP & Historic Tax Credits Chatham Los, Worcester Bob@DorfmanCapital.com | 508-930-8900 Watch our 1 min 43 sec video here Serving investors and developers with tax credit equity since 2005. David Greaney Founder & CEO Synergy, in Worcester Headquarters: Boston Age: 50 Employees: 115 Central Mass. employees: 4 Few projects have the potential to reshape down- town Worcester as dramatically as the conversion of the former Fallon Health headquarters into housing. rough Synergy's acquisition of 1 Chestnut St., Greaney is spearheading what is expected to be the largest office-to-residential conversion in Massachu - setts, bringing hundreds of mixed-income apart- ments to the city center. e project builds on his firm's growing Worcester presence, which includes investments at 446 Main St. and efforts to attract new retail, restaurant, and events downtown. - B.K. What unique skill sets you apart from others? I'm a calculated risk-taker, and I have been since arriving in the U.S. from Ireland 30 years ago with little more than vision, discipline, and hard work. What is one habit powerful leaders should practice every day? Invest in your relationships and keep those connections current. Leadership is a network of trust built one conversation at a time. Why do you do business in Central Mass.? Worcester is a city with strong fundamentals, tal- ented people, and tremendous momentum. We are proud to invest in its future. Jim Umphrey & Will Kelleher Umphrey: President; Kelleher: Managing partner Kelleher & Sadowsky Associates, in Worcester Employees: 23 Few firms have had a greater hand in shaping Worcester's commercial real estate market over the last four decades. Um- phrey and Kelleher have ad- vised employers, developers, institutions, nonprofits, and investors on many of the region's most signifi- cant transactions while helping build one of Greater Worcester's premier brokerage firms. Since 2025, they expanded operations into Connecticut, Rhode Island, and New Hampshire, completed the sale of 67 Millbrook St., and negotiated 85,000 square feet of lease renewals at Mercantile Center. - B.K. What unique skill sets you apart from others? We have always been relationship-driven. Over many years in commercial real estate, we've learned that trust, responsiveness, and long-term partner- ships matter far more than transactions. What one habit should powerful leaders practice? Dedicate part of every day to learning. Markets, industries, and communities are constantly evolving, and effective leaders remain curious. David Masiello President R.P. Masiello, Inc., in Boylston Age: 68 Employees: 53 Manufacturing remains a passion for Masiello, whose construction firm has spent decades helping industrial companies expand across Central Massachusetts. He is helping the Da- vid Clark Co. relocate to a new 160,000-square-foot Worcester headquarters while completing projects for Exosens, Marmon Utility, Worcester Academy, Chacharone Properties, and UN1F1ED2 Global Packaging Group's new 465,000-square-foot facility in Westminster. Over a career spanning more than 35 years, Masiello estimates he has helped construct more than 300 buildings and complete more than 1,000 renovations, leaving a lasting imprint on the region's built environment. - B.K. What unique skill sets you apart from others? My memory and perspective. I've spent a lifetime learning from the people who built Central Massa- chusetts and the industries that shaped it. What is one habit powerful leaders should practice every day? Responsibility to the people around you and your community. Practicing empa- thy matters. Why do you do business in Central Mass.? My family has been building here for more than a cen- tury. We are builders by nature. "True power comes from the trust and respect of others." - David Greaney, Synergy R E A L E S TAT E P OW E R 1 0 0

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