ABSTRACT Development Group

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