Candea Development

About Candea Development

Candea Development is a real estate operator. Candea Development operates in Chicago, Illinois. Its investment focus is on Condominiums, Multifamily - Ground-up and Single-Family Homes.

Candea Development is a Chicago-based real estate development company founded in 2006 by brothers Armand and Alan Candea. With nearly 20 years in operation, the firm is a boutique developer that focuses primarily on infill residential projects throughout Chicago. Its team oversees acquisitions, design, construction, and project management, allowing the company to manage projects from site selection through completion. The company specializes in the development of luxury condominium buildings, townhomes, and multifamily residential properties in established Chicago neighborhoods. Its projects emphasize modern layouts, efficient floor plans, and high-quality finishes while redeveloping underutilized urban sites. Candea Development works on a regional scale rather than across multiple national markets, making it a small to mid-sized real estate developer with a concentrated presence in the Chicago metropolitan area. The firm's experience in both real estate development and construction enables it to coordinate the full development process while maintaining direct oversight of project execution and quality from planning through final delivery.

Principals at Candea Development