Adept Urban Development

About Adept Urban Development

Adept Urban Development is a real estate operator headquartered in Pasadena, CA. Adept Urban Development operates in Los Angeles, California (LA), San Bernardino-Riverside-Ontario, California (Inland Empire) and San Jose, California. Its investment focus is on Affordable Housing, Condominiums and Multifamily - Ground-up.

Adept Urban is a vertically integrated development, architecture, and construction firm with over 35 years of experience. Its structure combines in-house architecture, engineering, construction, legal, and sales disciplines, enabling oversight from project conception through delivery. The leadership is headed by Patrick Chraghchian, founder, president, and CEO, who has more than 30 years of experience spanning design, engineering, finance, entitlement, and construction. The firm employs 100+ staff across design, construction, legal, and sales functions. Typical projects are upscale multifamily residential, commercial, retail, mixed-use developments, transit-oriented projects, office space, medical facilities, and assisted living centers. Adept consistently deploys USD 5–7 million of equity per project and by 2019 had over USD 250 million invested across six projects. Projects underway are slated for delivery through 2030.

Principals at Adept Urban Development

Recent activity at Adept Urban Development

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Adept Urban Development's project portfolio

No projects on file for Adept Urban Development yet.

Markets and themes

Markets Adept Urban Development operates in

• Los Angeles, California (LA)
• San Bernardino-Riverside-Ontario, California (Inland Empire)
• San Jose, California

Investment themes at Adept Urban Development

• Affordable Housing
• Condominiums
• Multifamily - Ground-up
• Senior Housing

Operators similar to Adept Urban Development

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• Poverni Sheikh Group
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• Cypress Equity Investments
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• Mirka Investments
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• Vermilion Development
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• BC Group
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• Cal-Coast
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• Dream Development
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• Reger Holdings
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• Spira Equity Partners
  Mid-market tierLos Angeles, California (LA)San Bernardino-Riverside-Ontario, California (Inland Empire)Senior HousingAffordable Housing

Frequently asked questions about Adept Urban Development

What does Adept Urban Development do?

Adept Urban is a vertically integrated development, architecture, and construction firm with over 35 years of experience.

Where is Adept Urban Development based?

Adept Urban Development is headquartered in Pasadena, CA.

What markets does Adept Urban Development operate in?

Adept Urban Development is active in Los Angeles, California (LA), San Bernardino-Riverside-Ontario, California (Inland Empire), and San Jose, California.

How many employees does Adept Urban Development have?

Adept Urban Development has 11–50 employees.