ABSTRACT Development Group
South Salt Lake, UT 11–50 employees 5 principals
Last updated
About ABSTRACT Development Group
ABSTRACT Development Group is a real estate operator headquartered in South Salt Lake, UT. ABSTRACT Development Group operates in Miami - Ft. Lauderdale - West Palm Beach - South Florida, New York City, New York and Salt Lake City, Utah. Its investment focus is on Condominiums and Multifamily - Ground-up.
ABSTRACT Development Group is a privately held real-estate developer founded in 2020 by Jason Algaze, Dan Rudofsky, Barry Rudofsky and Scott Silverman . The firm operates across the Northeast, Southeast and Mountain West regions, backed by the third-generation Bronstein family’s network and portfolio worth over US $1 billion . With a team size of around 11–50 employees and headquarters in South Salt Lake, Utah, the company functions as a full-service developer covering acquisitions, zoning, design, construction management, capital structuring, marketing, leasing, asset management, and property management . They focus on both ground‑up development and redevelopment projects, especially mixed‑use and multifamily residential assets . Since inception, ABSTRACT DG has executed projects like the One Burton apartment complex—180 units across 403,000 sq ft with a US $70 million budget—in South Salt Lake . They target emerging, growth-driven markets, aiming for outsized risk-adjusted returns in multifamily and mixed-use developments .
Principals at ABSTRACT Development Group
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5 principals on file
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ABSTRACT Development Group's project portfolio
1 project on file · Multifamily (1)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets ABSTRACT Development Group operates in
Investment themes at ABSTRACT Development Group
Capabilities
- Construction Management
- Custom Homes
- Mixed Use
- Site Development
- Sustainability
- Urban infill
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Frequently asked questions about ABSTRACT Development Group
- What does ABSTRACT Development Group do?
- ABSTRACT Development Group is a privately held real-estate developer founded in 2020 by Jason Algaze, Dan Rudofsky, Barry Rudofsky and Scott Silverman .
- Where is ABSTRACT Development Group based?
- ABSTRACT Development Group is headquartered in South Salt Lake, UT.
- What markets does ABSTRACT Development Group operate in?
- ABSTRACT Development Group is active in Miami - Ft. Lauderdale - West Palm Beach - South Florida, New York City, New York, and Salt Lake City, Utah.
- How many employees does ABSTRACT Development Group have?
- ABSTRACT Development Group has 11–50 employees.