Mr. Manning is one of the two co-founders of Boston Capital Corporation, which was formed in 1974. From its beginning, the company's goal was to focus on providing equity investment capital for the development of apartment properties throughout the country. Under Mr. Manning's leadership as CEO for the past 35 years, Boston Capital has grown into the second largest owner/investor in apartment properties in US. Through a number of affiliated partnerships, the company has created a portfolio of approximately 2,724 properties with an original development cost in excess of $12 billion.
As CEO of Boston Capital, Mr. Manning continues to oversee the company's business development goals. Capitalizing on its core competencies of apartment investment underwriting, those business development goals include an expansion of investment capital for apartment investment as well as providing mortgage financing for a limited and exclusive number of property acquisitions.
Mr. Manning is a recognized leader in the housing and real estate industries, and has served on the boards of a number of national housing organizations and governmental commissions. In 1997, President Clinton appointed Mr. Manning to the President's Export Council. He was also a Presidential appointee to the President's Advisory Committee on the Arts. Mr. Manning serves on the boards of numerous organizations and charities including the Beth Israel Deaconess Medical Center, the Progressive Business Leaders Network, the American Ireland Fund and the John F. Kennedy Presidential Library Foundation, where he is Chairman of the Distinguished Visitors Program. Mr. Manning is also a member of the Board of Directors of Liberty Mutual Group. He is a graduate of Boston College.