40 Under Forty: Edward Murphy
Erika Sidor
At The Edge At Union Station in Worcester are 40 Under Forty winners Jim Notaro, David Viens, Edward Murphy and Alexis G. Vallejos.
Murphy's interest in business first came working after school for his father's fire truck repair firm. Murphy obtained his real estate license at 19, and then acquired weRENTboston in 2005. He started weRENTcentralmass in 2008 – becoming the market leader in rentals – and then acquired the city's largest apartment rental agency, Guardian Select. Murphy then launched 7 Hill Property Management to provide services beyond leasing. In 2012 co-funded Stage One Investors to buy delinquent real estate tax and convert it into revenue for municipalities. That same year, he founded Baystate Investment Fund to buy and redevelop real estate.
If you spoke at a college graduation, what would the message be? I have failed miserably, so many times. Once you understand you can't move forward looking in the rear-view mirror, be prepared for your greatest successes.
Why work in Central Mass.? Boston real estate is for institutional investors. Central Mass. provides an opportunity for me in a growing market.
Meet the other 40 Under Forty winners for 2017
Asmar N. Akman – Akman Enterprises Inc.
Brendan Aylward – Unified Health and Performance
Greta Bajrami Campoverde – Golden Group Construction Corp.
Kathryn Behan – UMass Memorial Healthcare
Heather Belair – Bay State Savings Bank
Neil Callahan – R.H. White Construction
Michelle L. Cote, Esq. – Law Offices of Richard S. Ravosa
Julianne Dahrooge – Chan & Dahrooge Financial Group, LLC
Patrick J. DiGregorio – Veterans Inc.
Courtney Ross Escobar – Doucette & LaRose, LLC
Robert Fecteau – BirchTree Bread Co.
Hilary Gardner – The Davis Cos.
Ashleigh C. Gelinas, Esq. – Gelinas & Ward, LLP
Avra Hoffman – BirchTree Bread Co.
Maryann C. Johnson – Oak Hill CDC
Kevin G. Johnson – O’Connor, Maloney & Company, P.C.
Heather Mangione – United Way of Central Massachusetts
Jay Merrill – Clifford & Rano Associates
Meghan E. Montaner – The Hanover Theatre for the Performing Arts
Joy Rachelle Murrieta – Main IDEA
Dr. Milka Njoroge, PharmD – Century Homecare, LLC
Andrew B. Palumbo – Worcester Polytechnic Institute
John T. Pitcavage – Endless Energy
Julia Randall, M.D. – Edward M. Kennedy Community Health Center
Keith Reardon – Commonwealth Consulting Group, LLC
Giselle Rivera-Flores – The Learning Hub & IgWorcesterMA
Jamie Salois – Atlas Distributing
Lindiana Semidei – Raices Latin Dance
Jody Staruk – Consigli Construction Co., Inc.
Francisco Torres – Town of Westborough
Abel Travis – Hanover Insurance Group
Elizabeth Tripp – Hanover Insurance Group
Alexis G. Vallejos – Columbia Tech
David Viens – Bowditch & Dewey, LLP
WBJ Web Partners
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