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MASSDEVELOPMENT HIRES NEW HEAD OF REAL ESTATE

New Members

Experienced Real Estate Leader Sandi Wolchansky Silk Joins Agency as Executive Vice President of Real Estate

Photo of Sandi Wolchansky Silk
Kelsey Schiller, 857-325-3477

kschiller@massdevelopment.com

 

BOSTON – Today, MassDevelopment announced that Sandi Wolchansky Silk has joined the agency as executive vice president of real estate. In this role, Silk will oversee MassDevelopment’s real estate division – which includes planning and predevelopment, development, asset management, and engineering departments – and serve as a member of the agency’s executive team helping align its real estate solutions with statewide economic development priorities.

 

“As the state’s land bank, MassDevelopment offers a range of resources and expertise to help communities unlock the potential of key sites and advance housing and job creation,” said MassDevelopment President and CEO Navjeet Bal. “We are thrilled to bring experienced real estate leader Sandi Wolchansky Silk on board to guide this work and maximize our impact across Massachusetts.”

 

Silk joins MassDevelopment from MURAL Real Estate Partners, a New York City–based mixed-income, mixed-use development firm, where she served as Senior Vice President and Head of Development, overseeing projects in Queens, New York; New Haven, Connecticut; and Atlanta, Georgia. Throughout her career, she has led complex mixed-use and multifamily developments, including projects in Massachusetts Gateway Cities, and has extensive experience structuring and executing public-private partnerships. She previously held senior leadership and development roles focused on transformative mixed-use and multifamily development at a range of public and private owner-operator and development companies, including Jefferson Apartment Group, Federal Realty Investment Trust, JPI, and Archstone Smith Communities Trust. Silk began her career in state government as a project manager with the Massachusetts Department of Conservation and Recreation, managing the development of City Square Park in Charlestown and park planning efforts across southeastern Massachusetts. She holds a Master of Business Administration and a Master of Urban Planning from the University of Washington and a Bachelor of Arts in Urban Studies & Public Policy from Boston University. Silk served as Chair of the Urban Land Institute’s Boston/New England District Council from 2022 to 2025 and currently serves as Governance Chair, District Council Counselor, and a member of the Management Committee. She also serves as Vice Chair of the Town of Brookline’s Economic Development Advisory Board.

 

“Joining MassDevelopment is an exciting opportunity to leverage my experience as a developer working in Gateway Cities and other communities across Massachusetts,” said Sandi Wolchansky Silk. “Throughout my career, I have partnered closely with municipalities, state agencies, and community stakeholders to advance catalytic projects through strong public-private collaboration. Bringing that perspective to MassDevelopment will help strengthen the agency’s ability to deliver programs and projects that drive meaningful, lasting economic vitality throughout the Commonwealth.”


MassDevelopment, the state’s development finance agency and land bank, delivers financing solutions, real estate expertise, and other assistance to strengthen and grow the Massachusetts economy. We partner with businesses, nonprofits, developers, banks, and municipalities, providing resources to help create jobs, build housing, and foster vibrant communities across the state. During FY2025, MassDevelopment financed or managed 409 projects generating investment of more than $4.65 billion in the Massachusetts economy. These projects are estimated to create or support 25,246 jobs and build or preserve 2,867 housing units.


 

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