Investor profile - MA
Richard Arnone
Richard Arnone is a real estate investor and operator based in Boston-Worcester, MA-NH. Public filings show activity across 20 properties held through 7 holding companies. Recent mortgage relationships include EMCAP Lending, MELROSE COOPERATIVE BANK, and Crowd Lending.
Richard's Activity
As of December 2025, public records show approximately $16.7M in recorded mortgage exposure linked to this investor across at least 18 mortgage filings and 20 properties held through 7 holding companies. Activity appears concentrated in residential and multifamily assets recorded between 2016 and 2025.
Primary Geography
Boston-Worcester, MA-NH
ZIP codes: 02459, 02176, 02121, 01752, and 02169
Most recorded activity for this investor appears in NEWTON, MELROSE, MARLBOROUGH, QUINCY, and BOSTON.
Property Type Breakdown
Associated Entities (7)
MA · 0 properties · 9 mortgages
MA · 2 properties · 3 mortgages
MA · 0 properties · 2 mortgages
+4 more not shown
Mortgages (18)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 02/09/2024 | $680k | Closed | FPG 17 WENSLEY | WABON STREET DEVELOPMENT LLC | 31 WABON ST, BOSTON, MA 02121 |
| 04/03/2023 | $2.1M | Open | Crowd Lending | CRYSTAL DEVELOPMENT GROUP LLC | 8 CRYSTAL ST, MELROSE, MA 02176 |
| 04/14/2022 | $1.8M | Closed | First Boston Capital Partners | MORSE GROUP DEVELOPMENT LLC | 21 MORSE ST, DORCHESTER, MA 02121 |
+15 more not shown
Owned Properties (20)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 31 WABON ST, BOSTON, MA 02121 | THOMAS CANADAY | Sold | $580k |
| 8 CRYSTAL ST, MELROSE, MA 02176 | CRYSTAL DEVELOPMENT GROUP LLC | Sold | $1.1M |
| 87 ESSEX ST, MARLBOROUGH, MA 01752 | - | Sold | $0 |
+17 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and multifamily properties across Boston-Worcester, MA-NH.
What companies is Richard Arnone associated with?
Richard Arnone is associated with 7 entities based on extracted signatures from public records. Key entities include STERLING CONSTRUCTION & DEVELOPMENT LLC, MELROSE ESSEX LLC, WABON STREET DEVELOPMENT LLC, CRYSTAL DEVELOPMENT GROUP LLC, and STERLING CONSTRUCTION AND DEVELOPMENT LLC.
How many properties are associated with this investor?
At least 20 properties are associated with Richard Arnone and the entities they control, based on signatures extracted from recorded documents connecting Richard Arnone to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references EMCAP Lending, MELROSE COOPERATIVE BANK, and Crowd Lending, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2016 through 2025, with the most recent mortgage recorded in 2024.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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