Apennine Development Co., LLC

About Apennine Development Co., LLC

Apennine Development Co., LLC is a real estate operator. Apennine Development Co., LLC operates in Dover, Delaware and Philadelphia-Camden-Wilmington, Pennsylvania-Delaware. Its investment focus is on Hospitality, Industrial and Marinas.

Apennine Development Co., LLC was founded in 2017 and is based in Wilmington, Delaware. Its senior management team brings more than 100 years of combined experience across commercial real estate development. At stabilization, Apennine’s portfolio is valued at USD 520 million. The firm is vertically integrated: it has in-house legal services, a plumbing and mechanical arm (Vertical Mechanical Solutions, LLC), and a general contracting arm (MFCS, LLC). Apennine focuses on the Mid-Atlantic region, especially Delaware, Maryland, and Pennsylvania. Its core real estate activities include (i) building and holding multifamily, commercial, retail, industrial, and hospitality assets; (ii) acquiring and redeveloping existing multifamily, commercial, hospitality, and industrial assets with value-add potential; and (iii) acquiring and developing land (commercial, residential, mixed-use) and finishing lots for sale to regional and national homebuilders.

Principals at Apennine Development Co., LLC