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Commonwealth Development Partners logo

Commonwealth Development Partners

11–50 employees 4 principals

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Last updated 1w ago

About Commonwealth Development Partners

Commonwealth Development Partners is a real estate operator. Commonwealth Development Partners operates in Boston, Massachusetts, New York City, New York and Philadelphia-Camden-Wilmington, Pennsylvania-Delaware. Its investment focus is on Multifamily - Ground-up.

Commonwealth Development Partners is a private real estate investment and development enterprise headquartered at 170 Mason Street in Greenwich, Connecticut. Founded in 2017 by Co-Founders and Managing Partners Peter C. Lewis and Jonathan D. Green, the firm maintains 9 years of continuous operational history within high-barrier real estate markets. The enterprise specializes in site acquisition, capital structuring, urban infill development, complex entitlement navigation, and adaptive reuse conversions. Operating primarily in the residential sector, the firm focuses on creating high-density multi-family housing, mixed-use communities, and office-to-residential property transformations within structurally constrained urban markets. Geographically, the organization directs its investment capital and development pipeline across high-demand submarkets throughout the Northeast, Mid-Atlantic, and Midwest regions. Backed by over $250 million in equity capital and controlling a portfolio exceeding $400 million in capitalization, its track record spans over 1,800 delivered residential units and 8 major projects—highlighted by the adaptive-reuse conversion of 500 North Michigan Avenue in Chicago alongside a forward pipeline of 750 future units.

Principals at Commonwealth Development Partners

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4 principals on file

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Recent activity at Commonwealth Development Partners

3 recent signals from the real estate trade press · latest 4w ago

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Commonwealth Development Partners's project portfolio

8 projects on file · Multifamily (7), Commercial (general) (1)

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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 Commonwealth Development Partners operates in

  • Boston, Massachusetts
  • New York City, New York
  • Philadelphia-Camden-Wilmington, Pennsylvania-Delaware
  • Pittsburgh, Pennsylvania

Investment themes at Commonwealth Development Partners

  • Multifamily - Ground-up

Capabilities

  • Environmental Remediation
  • Public-private partnerships
  • Site Development
  • Transit-oriented development
  • Urban infill

Operators similar to Commonwealth Development Partners

  • NBM Equities
    Emerging tierBoston, MassachusettsNew York City, New YorkMultifamily - Ground-up
  • Ranger Properties
    Emerging tierNew York City, New YorkPhiladelphia-Camden-Wilmington, Pennsylvania-DelawareMultifamily - Ground-up
  • The Bainbridge Companies
    Emerging tierNew York City, New YorkMultifamily - Ground-up
  • Space Craft
    Emerging tierNew York City, New YorkMultifamily - Ground-up
  • Iron Mountain
    Emerging tierNew York City, New YorkPittsburgh, Pennsylvania
  • Grid Group
    Emerging tierNew York City, New YorkMultifamily - Ground-up
  • Skyview Companies
    Emerging tierNew York City, New YorkMultifamily - Ground-up
  • Arcadia Land Company
    Emerging tierPhiladelphia-Camden-Wilmington, Pennsylvania-DelawareMultifamily - Ground-up
  • Harkham Ventures
    Emerging tierNew York City, New YorkMultifamily - Ground-up
  • Invent Development Partners
    Emerging tierBoston, MassachusettsMultifamily - Ground-up

Frequently asked questions about Commonwealth Development Partners

What does Commonwealth Development Partners do?
Commonwealth Development Partners is a private real estate investment and development enterprise headquartered at 170 Mason Street in Greenwich, Connecticut.
What markets does Commonwealth Development Partners operate in?
Commonwealth Development Partners is active in Boston, Massachusetts, New York City, New York, Philadelphia-Camden-Wilmington, Pennsylvania-Delaware, and Pittsburgh, Pennsylvania.
How many employees does Commonwealth Development Partners have?
Commonwealth Development Partners has 11–50 employees.
Commonwealth Development Partners cover image

Commonwealth Development Partners at a glance

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

Contact Commonwealth Development Partners

11934 W Broad St, Suite 200, Richmond, VA 23233, USA
commonwealthdp.com