Our Company

Our Company Illustration
Our Company

With forward thinking strategies and fully integrated in-house expertise, our team members are experts in multifamily, workforce, student and affordable housing offering investors an array of opportunities, where we deliver value for our clients.

ZO, Oakland, CA
ZO, Oakland, CA
ZO, Oakland, CA

Our mission is to cultivate competitive returns through a combination of proprietary AI-data analysis, in-house vertically integrated expertise, and best-in-class strategies.

Utilizing deep investment and asset management experience, we capitalize on data-driven market opportunities, providing multiple platforms to invest in real estate debt and equity across the United States.

Bower, Boston, MA
Bower, Boston, MA
$3.1B
in gross assets²
38
total investments
1
discretionary debt fund
$1.4B
equity raised
5
discretionary equity funds
6.8M
sq. ft.

In 2020, Molly Bordonaro, Brent Gaulke, and Kelly Saito bought out their retired partners, rebranded to The Green Cities Company, and ushered in a new chapter committed to building advanced strategies and processes.

Green Cities’ predecessor firm was Gerding Edlen, founded in 1996 as a development company focused on sustainability in residential and office projects. Beginning in 2009, the firm evolved under the leadership of Molly, Kelly, and Brent into an SEC-registered investment advisor focused on multifamily, office, and mixed-use investments and development.

Kelly Saito, Brent Gaulke, and Molly Bordonaro
Kelly Saito, Brent Gaulke, and Molly Bordonaro

Since 2020, the three have strategically invested in talent, proprietary AI analytical modeling, acquisitions underwriting processes, risk management, and asset-level operations, with the goal of elevating performance and returns.

Today, the firm is anchored in a culture of innovation, rigorous data-driven decision-making, and a commitment to operational excellence, leveraging both past strengths and lessons learned to build a company for the future.

Team
ZO, Oakland, CA
ZO, Oakland, CA