CMB Development, LLC

About CMB Development, LLC

CMB Development, LLC is a real estate operator headquartered in Dallas, TX. 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 full-service real estate development firm headquartered at 6000 Brook Road in Richmond, Virginia. Founded by Guy Blundon—whose executive career spans leadership at Blundon Thylan Associates, Inc. in New York since 1980 overseeing more than 20 properties—the company brings decades of senior industry expertise to its regional operations. The enterprise focuses primarily on multi-family residential developments and complex adaptive reuse projects. Its functional scope spans five core real estate segments: senior living communities, student housing, hospitality assets, commercial and retail space, and historical structural rehabilitations. The company's historical portfolio includes at least 27 distinct completed projects across Virginia and the mid-Atlantic region. Prominent developments include Rivers Edge, Shiplock Views, The Centennial, Victory Lofts, the Mystic Hilton hotel, and numerous historical adaptive rehabilitations converting former school buildings and obsolete industrial structures into vibrant residential spaces.

Principals at CMB Development, LLC