Commonwealth Development Partners

About Commonwealth Development Partners

Commonwealth Development Partners is a real estate operator headquartered in Greenwich, CT. 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 firm founded in 2017 and headquartered in Greenwich, Connecticut, bringing 9 years of continuous operations to the sector. The firm's asset classes and scope focus on complex urban-infill developments, strategic adaptive-reuse projects, and the multifamily sector within structurally constrained housing markets. Backed by over $250 million in raised equity and an active portfolio exceeding $400 million in capitalization, the company has deployed capital across more than 1,800 residential units and completed 8 major real estate projects. Its signature undertakings include the office-to-residential conversion of the 24-story tower at 500 North Michigan Avenue in Chicago, alongside an active forward pipeline of roughly 750 future residential units. Geographically, Commonwealth Development Partners targets high-barrier submarkets across the Northeast, Mid-Atlantic, and Midwest regions of the United States.

Principals at Commonwealth Development Partners