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DevCo Residential Group logo

DevCo Residential Group

201–500 employees 12 principals

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Last updated 3w ago

About DevCo Residential Group

DevCo Residential Group is a real estate operator. DevCo Residential Group operates in Seattle, Washington. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Senior Housing.

DevCo Residential Group is a Bellevue, Washington-based real estate development and investment company focused on multifamily housing. Founded in 1994, the company has operated for more than 30 years and has grown into a large, vertically integrated owner, developer, builder, and operator. DevCo and its affiliates develop and own more than 14,000 affordable, workforce, and market-rate apartment homes across the United States, with approximately 9,000 units managed internally. The company’s primary focus is affordable and workforce multifamily housing, including income-restricted communities financed through programs such as Low-Income Housing Tax Credits (LIHTC). Its development activities cover acquisitions, entitlement, financing, new construction, rehabilitation, and recapitalization of multifamily properties. DevCo operates through specialized affiliates, including DevCo Development, general contractor DevCo US Construction, and property-management affiliate HNN Communities. The company maintains a long-term ownership strategy and has expanded beyond Washington into markets including Idaho, Montana, Indiana, Ohio, and South Dakota.

Principals at DevCo Residential Group

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12 principals on file

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Recent activity at DevCo Residential Group

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DevCo Residential Group's project portfolio

No projects on file for DevCo Residential Group yet.

Markets and themes

Markets DevCo Residential Group operates in

  • Seattle, Washington

Investment themes at DevCo Residential Group

  • Affordable Housing
  • Multifamily - Ground-up
  • Senior Housing
  • Workforce Housing

Capabilities

  • Construction Management
  • Economic Development
  • Environmental Remediation
  • Mixed Use
  • Public-private partnerships
  • Sustainability
  • Transit-oriented development
  • Urban infill

Operators similar to DevCo Residential Group

  • Guardian Real Estate Services LLC
    Established tierSeattle, WashingtonSenior HousingAffordable Housing+2 more themes
  • IRA Capital
    Established tierSeattle, WashingtonAffordable HousingMultifamily - Ground-up+2 more themes
  • Douglaston Development
    Established tierSeattle, WashingtonSenior HousingAffordable Housing+2 more themes
  • Turner Impact Capital
    Established tierSeattle, WashingtonAffordable HousingMultifamily - Ground-up+1 more theme
  • Vecino Group
    Established tierSenior HousingAffordable Housing+2 more themes
  • Brinshore Development
    Established tierSenior HousingAffordable Housing+2 more themes
  • Denton Floyd Real Estate Group
    Established tierSenior HousingAffordable Housing+2 more themes
  • Sherman Associates
    Established tierSenior HousingAffordable Housing+2 more themes
  • Evergreen Real Estate Group
    Established tierSenior HousingAffordable Housing+2 more themes
  • Peak Capital Partners
    Established tierSenior HousingAffordable Housing+2 more themes

Frequently asked questions about DevCo Residential Group

What does DevCo Residential Group do?
DevCo Residential Group is a Bellevue, Washington-based real estate development and investment company focused on multifamily housing.
What markets does DevCo Residential Group operate in?
DevCo Residential Group is active in Seattle, Washington.
How many employees does DevCo Residential Group have?
DevCo Residential Group has 201–500 employees.
DevCo Residential Group cover image

DevCo Residential Group at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
201–500
Units owned
10,000-25,000
Units managed
10,000-25,000
Property mgmt
Self-Managed
Markets
1
Principals
12

Contact DevCo Residential Group

11232 120th Ave Ne Suite 204, Kirkland, WA 98033, United States
devcous.com