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Monarch Development logo

Monarch Development

2–10 employees 2 principals

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Last updated 2w ago

About Monarch Development

Monarch Development is a real estate operator. Monarch Development operates in Harrisburg, Pennsylvania, Philadelphia-Camden-Wilmington, Pennsylvania-Delaware and Scranton-Wilkes-Barre, Pennsylvania. Its investment focus is on Affordable Housing, LIHTC and Multifamily - Ground-up.

Monarch Development Group was founded in 2005 and is led by principals Michael J. Kearney, Thomas J. Lonergan, and Brandon R. Johnson. The firm focuses entirely on real estate development, specifically in the multifamily sector—both affordable and luxury apartment projects. They handle all phases of development from site acquisition through construction and lease-up. Monarch does not engage in commercial office or retail projects as a primary line; its development portfolio is concentrated on multifamily residential housing. Over its operating history, the company has completed multiple projects in both affordable and luxury tiers, delivering housing units across its target markets.

Principals at Monarch Development

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2 principals on file

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Recent activity at Monarch Development

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Monarch Development's project portfolio

7 projects on file · Multifamily (7)

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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 Monarch Development operates in

  • Harrisburg, Pennsylvania
  • Philadelphia-Camden-Wilmington, Pennsylvania-Delaware
  • Scranton-Wilkes-Barre, Pennsylvania
  • York-Hanover, Pennsylvania

Investment themes at Monarch Development

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

Capabilities

  • Construction Management
  • Custom Homes
  • Economic Development
  • Public-private partnerships
  • Site Development
  • Sustainability

Operators similar to Monarch Development

  • Poverni Sheikh Group
    Mid-market tierHarrisburg, PennsylvaniaYork-Hanover, Pennsylvania+1 more marketWorkforce HousingAffordable Housing+1 more theme
  • Excel Development Group
    Mid-market tierSenior HousingWorkforce Housing+3 more themes
  • Connelly Builders and Development
    Mid-market tierSenior HousingWorkforce Housing+3 more themes
  • MGL Partners
    Mid-market tierSenior HousingWorkforce Housing+3 more themes
  • Bronx Pro Group
    Mid-market tierSenior HousingWorkforce Housing+3 more themes
  • Ulysses Development Group
    Mid-market tierSenior HousingWorkforce Housing+3 more themes
  • Westrum Development Company
    Mid-market tierPhiladelphia-Camden-Wilmington, Pennsylvania-DelawareSenior HousingWorkforce Housing+2 more themes
  • 3 Leaf Holdings
    Mid-market tierSenior HousingWorkforce Housing+3 more themes
  • ANF Group
    Mid-market tierSenior HousingWorkforce Housing+3 more themes
  • Sunflower Development Group
    Mid-market tierSenior HousingWorkforce Housing+3 more themes

Frequently asked questions about Monarch Development

What does Monarch Development do?
Monarch Development Group was founded in 2005 and is led by principals Michael J.
What markets does Monarch Development operate in?
Monarch Development is active in Harrisburg, Pennsylvania, Philadelphia-Camden-Wilmington, Pennsylvania-Delaware, Scranton-Wilkes-Barre, Pennsylvania, and York-Hanover, Pennsylvania.
How many employees does Monarch Development have?
Monarch Development has 2–10 employees.
Monarch Development cover image

Monarch Development at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
2–10
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
4
Principals
2

Contact Monarch Development

2 Kacey Court Suite 201 Mechanicsburg, PA 17055
www.monarchdevelopmentgroup.com