TR ADVISORS - Key Persons


David T. Arthur

Job Titles:
  • Member of the Principals & Management Team
  • Principal
David Arthur has more than 27 years of professional experience with public and private clients working in the areas of business development, marketing, design, construction and real estate asset management and investment. David has managed projects ranging in size up to $15 million. A principal at Antrim Management, LLC, he manages the development of new projects for TRA with an emphasis on land use and engineering.

Douglas R. Herberich

Job Titles:
  • in 1996 As a Founding Member and Co - Manager
  • Managing Principal & CEO Add to Your Address Book
Doug joined TRA in 1996 as a founding member and co-Manager, and became CEO in 2006. He is responsible for the overall direction and growth of the Company, oversees the development of new projects, and advises TRA staff on all aspects of development, finance and public/private partnerships. As Principal of Development Services Group, Doug consults on waterfront and commercial real estate projects in Boston's Seaport/Innovation District. Prior to joining TRA, Doug specialized in the areas of real estate and economic development, public finance and the public approval process with the City of Boston's Economic Development and Industrial Corporation.

Francis DeCoste - COO

Job Titles:
  • COO

Jane K. Donnelly

Job Titles:
  • Principal
Jane Donnelly has more than 25 years of real estate experience. In 1990 she formed KC Donnelly &Co., Inc. (KCD), specializing in real estate sales, leasing and consulting. KCD is certified by the Commonwealth of Massachusetts as a Woman-Owned and a Disadvantaged Business Enterprise (WBE/DBE). Jane oversees TRA's retail leasing function and her company provides services related to property sales.

John H. Spurr

Job Titles:
  • Principal
John H. Spurr has more than 27 years of experience in real estate investment, development, construction and management. Following a 12-year career as a Certified Public Accountant (CPA), he is now president of A.W. Perry Corporation, a 120-year-old Boston real estate and development firm. John oversees the TRA's asset management department.

Lorna J. Moritz - President

Job Titles:
  • President

R.J. Long

R.J. Long has over 10 years of experience in real estate sales, development, analysis and management. He joined TRA as a Project Manager in 2008, and was responsible for retail concession analysis for TRA clients and prospective clients. In his new role, RJ is responsible for TRA's value-added brokerage services. During his time at TRA, RJ has leased several million dollars of retail property. His specialties include financial analysis & modeling, marketing analysis, real estate portfolio analysis, development of leasing plans, commercial leasing and knowledge of transit real estate with a focus on retail & advertising.

Rachel Goldsmith

Job Titles:
  • Manager
  • Planner
Rachel Goldsmith is an urban planner specializing in the areas of real estate and information systems for property inventory management. Rachel's deep knowledge of Real Estate title and creating databases to manage real estate information is key to assisting large landowner's clients manage their assets. For the past 15 years, she has developed and maintained TRA's LandTrackerâ„¢ product, a web-based real estate inventory database using Geographic Information System technology. She completed a similar pilot program for MassDOT and NY Thruway and Canal Authorities. Rachel also assists TRA with site selection for Transit Oriented Developments and other real estate development opportunities.

Rayna Rubin

Job Titles:
  • Manager

William G. (Buzz) Constable

Job Titles:
  • Member of the Principals & Management Team
  • Principal
William "Buzz" Constable began his career as a real estate attorney involved in land use advocacy and transit-oriented development. Today, he is executive vice president of A.W. Perry, Inc. and has nearly 20 years of experience in real estate investment, development and management. William is currently involved in TRA's joint development, dispositions, and development of its Geographic Information System for real property inventory.