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CFY Development logo

CFY Development

11–50 employees 4 principals

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Last updated 1mo ago

About CFY Development

CFY Development is a real estate operator. 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

Principal details are a Pro feature

4 principals on file

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Recent activity at CFY Development

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CFY Development's project portfolio

3 projects on file · Multifamily (3)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets CFY Development operates in

  • Bakersfield, California
  • Sacramento, California
  • Stockton, California

Investment themes at CFY Development

  • Affordable Housing
  • Hospitality
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Senior Housing
  • Workforce Housing

Capabilities

  • Construction Management
  • Economic Development
  • Environmental Remediation
  • Mixed Use
  • Site Development
  • Transit-oriented development
  • Urban infill

Operators similar to CFY Development

  • IRA Capital
    Established tierSacramento, CaliforniaAffordable HousingHospitality+4 more themes
  • Sherman Associates
    Established tierSenior HousingAffordable Housing+4 more themes
  • Peak Capital Partners
    Established tierSacramento, CaliforniaSenior HousingAffordable Housing+3 more themes
  • Buligo Capital
    Established tierMultifamily - Ground-upWorkforce Housing+4 more themes
  • The Daimler Group
    Established tierMultifamily - Ground-upWorkforce Housing+4 more themes
  • Urban Atlantic
    Established tierMultifamily - Value-AddSenior Housing+4 more themes
  • Republic Family of Companies
    Established tierSacramento, CaliforniaAffordable HousingHospitality+3 more themes
  • Saunders Construction
    Established tierSenior HousingWorkforce Housing+4 more themes
  • Donohoe Development
    Established tierSenior HousingWorkforce Housing+4 more themes
  • Impact Seven
    Established tierSenior HousingWorkforce Housing+4 more themes

Frequently asked questions about CFY Development

What does CFY Development do?
CFY Development, Inc.
What markets does CFY Development operate in?
CFY Development is active in Bakersfield, California, Sacramento, California, and Stockton, California.
How many employees does CFY Development have?
CFY Development has 11–50 employees.
CFY Development cover image

CFY Development at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed, Third-Party Managed
Markets
3
Principals
4

Contact CFY Development

1724 10th Street, Suite 120 Sacramento, CA 95811
cfydevelopment.com