CFY Development

About CFY Development

CFY Development is a real estate operator headquartered in Sacramento, CA. CFY Development operates in Bakersfield, California, Sacramento, California and Stockton, California. Its investment focus is on Affordable Housing, Hospitality and Multifamily - Ground-up.

CFY Development, Inc. is a real estate development firm led by President Cyrus Youssefi that has operated for over 25 years since its establishment around 1999 to 2000. Headquartered in Sacramento, California, the company is supported by a professional team comprising between 11 and 50 employees specializing in property acquisition, development, construction, and rehabilitation. The corporation concentrates its business model on multifamily and residential real estate, overseeing a portfolio of 31 projects with individual developments ranging in size from 10 to 296 units. Its portfolio encompasses approximately 3,000 residential units under management, with total project development costs spanning from $1.8 million to $38 million. Geographically, the organization targets real estate acquisition and development opportunities in the United States, with active operations distributed across 19 cities and a primary footprint centered in Sacramento, California.

Principals at CFY Development