CMB Development, LLC

About CMB Development, LLC

CMB Development, LLC is a real estate operator headquartered in Richmond, VA. CMB Development, LLC operates in Charlottesville, Virginia, Hartford, Connecticut and New York City, New York. Its investment focus is on Affordable Housing, Condominiums and Hospitality.

CMB Development, LLC is a private real estate development enterprise headquartered in Richmond, Virginia. Founded by Guy Blundon—who brings over four decades of executive industry leadership dating back to 1980—the firm operates with extensive regional development expertise. The enterprise specializes in multi-family housing, adaptive reuse, site acquisition, entitlements, structural rehabilitation, and full-lifecycle project execution. Its core real estate strategy encompasses senior living communities, student housing, hospitality assets, commercial retail space, and historic building conversions. Operating across Virginia and the mid-Atlantic region, the firm has delivered a historic portfolio of at least 27 completed projects. Key developments feature prominent residential and commercial assets, including Rivers Edge, Shiplock Views, The Centennial, Victory Lofts, the Mystic Hilton hotel, and multiple historic conversions of former educational and industrial facilities into modern multi-family housing.

Principals at CMB Development, LLC

Recent activity at CMB Development, LLC

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CMB Development, LLC's project portfolio

2 projects on file · Multifamily (1), Uncategorized (1)

Markets and themes

Markets CMB Development, LLC operates in

• Charlottesville, Virginia
• Hartford, Connecticut
• New York City, New York
• Newburgh-Poughkeepsie-Kingston, New York (Hudson Valley)
• Norwich-New London, Connecticut
• Richmond, Virginia

Investment themes at CMB Development, LLC

• Affordable Housing
• Condominiums
• Hospitality
• Multifamily - Ground-up
• Multifamily - Value-Add
• Senior Housing
• Student Housing
• Suburban Office
• Workforce Housing

Capabilities

• Brokerage
• Construction Management
• Custom Homes
• Economic Development
• Environmental Remediation
• Public-private partnerships
• Site Development
• Sustainability
• Urban infill

Operators similar to CMB Development, LLC

• Buvermo Investments
  Emerging tierSenior HousingSuburban Office+4 more themes
• Tesseract Capital Group
  Emerging tierSuburban OfficeAffordable Housing+4 more themes
• NewHeight Group
  Emerging tierSuburban OfficeAffordable Housing+4 more themes
• ReCap Partners
  Emerging tierNew York City, New YorkHospitalityMultifamily - Ground-up+3 more themes
• CRC Development LLC
  Emerging tierSuburban OfficeAffordable Housing+4 more themes
• Trinity Development Partners (Florida)
  Emerging tierSenior HousingSuburban Office+4 more themes
• Galena Equity Partners
  Emerging tierSenior HousingAffordable Housing+4 more themes
• Urbane Capital Management
  Emerging tierNew York City, New YorkAffordable HousingHospitality+3 more themes
• Integritas Property Group (IGP)
  Emerging tierAffordable HousingStudent Housing+3 more themes
• Trevato Development Group
  Emerging tierHospitalityMultifamily - Ground-up+3 more themes

Frequently asked questions about CMB Development, LLC

What does CMB Development, LLC do?

CMB Development, LLC is a private real estate development enterprise headquartered in Richmond, Virginia.

Where is CMB Development, LLC based?

CMB Development, LLC is headquartered in Richmond, VA.

What markets does CMB Development, LLC operate in?

CMB Development, LLC is active in Charlottesville, Virginia, Hartford, Connecticut, New York City, New York, Newburgh-Poughkeepsie-Kingston, New York (Hudson Valley), Norwich-New London, Connecticut, and Richmond, Virginia.

How many employees does CMB Development, LLC have?

CMB Development, LLC has 11–50 employees.