Core Development
Nashville, TN 11–50 employees 9 principals
Last updated
About Core Development
Core Development is a real estate operator headquartered in Nashville, TN. Core Development operates in Philadelphia-Camden-Wilmington, Pennsylvania-Delaware. Its investment focus is on Historic Tax Credits, Multifamily - Core and Multifamily - Ground-up.
Core Development is a private real estate investment, development, and asset management enterprise headquartered at 283 2nd Street Pike, Suite 110, in Southampton, Pennsylvania. Founded in 2012 by Co-Founders Peter Spain and Pete Staz, the firm maintains 14 years of continuous operational history within the Greater Philadelphia region, supported by its dedicated affiliates, Core Property Management and Core Capital Solutions. The enterprise specializes in site acquisition, structural financing, entitlement navigation, architectural design coordination, ground-up construction management, direct leasing, and long-term asset management. Operating across the real estate lifecycle, the firm creates walkable, transit-oriented communities encompassing multi-family residential, private student housing, neighborhood commercial spaces, and urban mixed-use assets. Geographically, the organization concentrates its investment footprint and project pipeline exclusively across primary and secondary submarkets in Philadelphia and surrounding suburban communities. Having served as principals in over $150 million worth of regional real estate projects, its notable developments include Cricket Flats, Luna on Pine, Wister Court, 4134 Chester Avenue, and the Stonehurst portfolio.
Principals at Core Development
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9 principals on file
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Recent activity at Core Development
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Core Development's project portfolio
4 projects on file · Mixed-Use (2), Multifamily (1), Hospitality (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 Core Development operates in
Investment themes at Core Development
- Historic Tax Credits
- Multifamily - Core
- Multifamily - Ground-up
- Multifamily - Value-Add
- Short-term rental
- Single-Family Homes
- Standalone Retail
- Student Housing
- Urban Office
- Workforce Housing
Capabilities
- Construction Management
- Economic Development
- Environmental Remediation
- Mixed Use
- Site Development
- Sustainability
- Transit-oriented development
- Urban infill
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Frequently asked questions about Core Development
- What does Core Development do?
- Core Development is a private real estate investment, development, and asset management enterprise headquartered at 283 2nd Street Pike, Suite 110, in Southampton, Pennsylvania.
- Where is Core Development based?
- Core Development is headquartered in Nashville, TN.
- What markets does Core Development operate in?
- Core Development is active in Philadelphia-Camden-Wilmington, Pennsylvania-Delaware.
- How many employees does Core Development have?
- Core Development has 11–50 employees.