40 High-Profile: Corporate September 2026

Canton, MA— Frazier & Deeter( FD), a national accounting and advisory firm, has acquired Gray, Gray & Gray, LLP, a Canton-based accounting and business advisory firm. The transaction establishes FD’ s presence in New England and deepens its reach across the Greater Boston area, serving a base of businesses, family enterprises and individual clients.

Gray, Gray & Gray is recognized for its people-first, entrepreneurial culture and longstanding client relationships. Built on decades of advisory service,

the firm has grown into a regional practice known for technical strength, personalized guidance and deep ties to the local business community.

Following the close, Gray, Gray & Gray

will be integrated into FD’ s operational and support infrastructure, including technology, talent development, finance, marketing and business development.

“ We are excited to officially welcome the Gray, Gray & Gray team to Frazier & Deeter and to expand our presence in the New England market,” said Jeremy Jones, CEO of FD.“ The Greater Boston area is a market defined by innovation and exceptional talent. Gray, Gray & Gray shares our commitment to client service and culture, making this a natural fit as we continue to grow thoughtfully

and intentionally.”

“ While we’ ve always been proud to be an independent firm, joining Frazier & Deeter, a firm we have had a relationship with for over 30 years, is an exciting next chapter for our firm,” said James DeLeo, managing partner at Gray, Gray & Gray.“ This partnership allows us to preserve our client-first approach while providing access to broader resources, expanded advisory services and new opportunities for our people. It was important to find a firm that shares our values, and we found that in Frazier & Deeter.”

Devens, MA— MassDevelopment has sold a parcel of land at 77 Grant Road in Devens and provided a $ 4 million loan to 77 Grant Rd LLC, a development entity affiliated with Elite Home Builders LLC, which will build a three-story, 56,000sf building on the site featuring 46 new mixed-income apartments and commonarea amenities.

The building, named Emerson Green

Residences, is the next phase of the larger Emerson Green neighborhood developed by NOW Communities, which currently includes 35 single-family homes, 20 duplex units, and three townhomes, all occupied.

Twenty-three of the 46 apartments will be permanently income restricted. The building will feature energy-efficient construction designed to achieve a HERS

Rendering of Emerson Green Residences, courtesy of Elite Home Builders LLC

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The Cummings School of Nursing and Health Sciences at Endicott College�

Rendering of Emerson Green Residences / Courtesy of Elite Home Builders LLC

rating of 55 or better. Elite Home Builders will also complete parking, landscaping, grading, stormwater improvements, and new water, sewer, electric, gas, and telecommunications infrastructure, along with roadway improvements to complete a section of Marshall Street between Grant Road and Marshall Lane and finish the sidewalk along Grant Road.

Project financing includes a $ 6.5 million loan from Florence Bank for acquisition and construction costs and the $ 4 million MassDevelopment loan for construction costs. The Harvard Municipal Affordable Housing Trust is providing $ 1 million toward the project, which will increase the affordability of 12 of the income-restricted apartments. Construction is expected to begin in the next several weeks and be completed in 2027.

The project follows the Mass Leads Act, signed in November 2024, which removed the cap on housing units allowed in Devens. The community had previously been limited to 282 units.

“ We’ re grateful for the opportunity to work with MassDevelopment and

NOW Communities to bring the Emerson Green Residences to life,” said Cohen Babcock, vice president of development, Elite Home Builders LLC.“ This 46-unit multifamily building will create muchneeded workforce housing for Devens and the surrounding communities— something we’ re really excited about and proud to be part of. As the builder, owner, and operator of Emerson Green Residences, our goal is to provide Devens with a vibrant lifestyle rental community featuring Class A amenities, while being a good neighbor and an active, engaged member of the community.”

“ MassDevelopment is pleased to welcome the next phase of the Emerson Green neighborhood in Devens as Elite Home Builders advances construction on a new 46-unit apartment building,” said MassDevelopment President and CEO Navjeet Bal.“ We are proud to sell this property and provide complementary loan financing to Elite Home Builders, working across our agency and with community partners to bring this highimpact project to fruition.” www. high-profile. com