NewCastle Development Group
Charlottesville, VA 2–10 employees 7 principals
Last updated by Andrea
About NewCastle Development Group
NewCastle Development Group is a real estate operator headquartered in Charlottesville, VA. NewCastle Development Group operates in Charlottesville, Virginia, Raleigh-Durham, North Carolina (Research Triangle Park - RTP) and Roanoke, Virginia. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Multifamily - Value-Add.
NewCastle Development Group, formerly Castle Development Partners, is a real estate development firm specializing in Class A multifamily rental communities in the Eastern United States. With over 30 years of experience, the principals have developed more than 6,000 apartment units and currently hold controlling interests in over 3,000 units. The company focuses on the development and acquisition of upscale apartment communities in the Mid-Atlantic region, specifically Virginia, North Carolina, and Maryland. Their business model emphasizes ground-up development and value-add acquisitions in high-barrier-to-entry markets with solid economic fundamentals.
Principals at NewCastle Development Group
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