Cruz Development Corporation, an affiliate of John B. Cruz Construction, one of the largest and oldest minority-owned companies in Boston, announced Armond McCoy has joined the company as real estate project manager to further grow and enhance Cruz’s residential, commercial and mixed use project portfolio.
“We are excited to welcome Armond to the team,” said John Cruz, president and CEO of John B. Cruz Construction. “When it comes to investing in the community, our motto is ‘Cruz Cares’, and Armond certainly shares our commitment to increasing affordable housing and economic opportunities, thus improving the quality of life for all residents.”
McCoy brings a wealth of experience, having spent more than 25 years in the real estate and financial services industries. McCoy previously worked as a consultant for Cruz Corporation and has also worked for State Street Corporation, Massachusetts Housing Investment Corporation, and Bank Boston. Throughout his career, he has been responsible for the financing and development of more than 5,600 units of housing and commercial real estate.
“I am excited to start this new chapter with Cruz Development, and look forward to working with the team to build on their generations of success in the construction and real estate development industry,” said McCoy.
McCoy, a resident of Beverly with his wife Susan, was a founding member of the Beverly Affordable Housing Coalition. A lover of music, McCoy also co-owns Beverly-based Norton Guitars, which constructs and sells high-end, custom electric guitars and basses utilizing a patented metal frame system. McCoy holds an MBA from Northeastern University and a BA in Government from Boston University.