Josu'e appears in the Top 100
People in Real Estate Magazine
With a true legacy in the service of others, Josu'e Velney is committed to bettering people’s lives. After completing three combat tours and two deployments in Iraq, this former Marine returned home to serve his community for 12 years as a firefighter, retiring as a lieutenant. Still, Josu'e knew his work wasn’t finished. So, in 2010, he set out to make a difference through real estate. “Serving others is all I’ve ever known,” he says. “I’m on the same mission but with a different vehicle.”
Since joining the field as an investor, Josu'e has owned or managed over $20 million in developments and built a personal portfolio valued at $10 million. He has also won the hearts of Somerville, Massachusetts, where he founded Winter Hill Homes, LLC, a construction certified minority business enterprise, veteran business enterprise, and service-disabled, veteran-owned, small business.
In addition to serving as president and CEO of two companies, Winter Hill Homes and Velney Development, Josu'e is a licensed real estate broker and a residential and commercial developer. Investing in and around Boston, he purchases raw land, rezones, and builds. “I enjoy bringing an undervalued asset to its best and highest use. My job is to help improve the community I live in through real estate,” he explains. Currently, Josu'e is working with large developers, including Nelson Group and Abdul Barrie of Environmental Systems Engineering Corp., to build a 28-unit project in Roxbury valued at $14 million.
Whether he is finding, rezoning, designing, and financing new projects as a developer or managing the construction, permitting, and value engineering as a builder, Josu'e believes the most important aspect of his job is helping to revitalize communities. “The Boston area has a lack of housing, and it’s pushing up prices,” he explains. “Therefore, my goal is to develop more homes so that real estate can be more affordable for families.”
Josu'e holds a bachelor’s degree in building construction management from Wentworth Institute of Technology and he is the recipient of a Combat Action Ribbon, Navy and Marine Corps Achievement Medal, National Defense Service Medal, Iraq Campaign Medal, Global War on Terrorism Service Medal, Global War on Terrorism Expeditionary Medal, Sea Service Deployment Ribbon, and Marine Corps Good Conduct Medal.
President and CEO
Velney Development and Winter Hill Homes