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NOVO Development logo

NOVO Development

Washington, DC 11–50 employees 5 principals

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Last updated 3d ago

About NOVO Development

NOVO Development is a real estate operator headquartered in Washington, DC. NOVO Development operates in Phoenix, Arizona. Its investment focus is on Affordable Housing, Industrial and Logistics.

NOVO Development is a commercial real estate development firm founded in 2013. Operating for 13 years, the company's principals bring over 30 years of industry experience, having collectively developed millions of square feet across more than 25 states. The firm focuses on office, industrial, medical, residential, retail, educational, and land assets, managing pre-development, entitlement processes, and project delivery. Its portfolio includes specific assets such as a 32,232-square-foot medical office building, a 132,775-square-foot senior living facility, and a 332-bed student residence hall featuring a 27,000-square-foot student union. Major master-planned projects feature the 1,400-acre Copperwing industrial logistics center and the 1,000-acre mixed-use Algodón Center. The Algodón development encompasses a 150-acre medical office park anchored by an 80,000-square-foot building alongside a 7-acre senior living community.

Principals at NOVO Development

Principal details are a Pro feature

5 principals on file

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Recent activity at NOVO Development

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NOVO Development's project portfolio

6 projects on file · Industrial (3), Residential (general) (1), Senior & Assisted Living (1), Healthcare (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 NOVO Development operates in

  • Phoenix, Arizona

Investment themes at NOVO Development

  • Affordable Housing
  • Industrial
  • Logistics
  • Medical Office & Healthcare
  • Senior Housing
  • Student Housing

Capabilities

  • Asset Management
  • Construction Management
  • High-Rise
  • Mixed Use
  • Site Development
  • Technology-forward

Operators similar to NOVO Development

  • IRA Capital
    Established tierPhoenix, ArizonaAffordable HousingStudent Housing+4 more themes
  • Buligo Capital
    Established tierStudent HousingIndustrial+4 more themes
  • Edge Realty Partners
    Established tierPhoenix, ArizonaMedical Office & HealthcareAffordable Housing+2 more themes
  • Henry S. Miller
    Established tierSenior HousingMedical Office & Healthcare+3 more themes
  • Oppidan Investment Company
    Established tierSenior HousingMedical Office & Healthcare+3 more themes
  • Barclay Group
    Established tierPhoenix, ArizonaMedical Office & HealthcareAffordable Housing+2 more themes
  • Endeavor Real Estate Group
    Established tierSenior HousingAffordable Housing+3 more themes
  • ORR Partners
    Established tierMedical Office & HealthcareSenior Housing+3 more themes
  • The Daimler Group
    Established tierIndustrialLogistics+3 more themes
  • Saunders Construction
    Established tierSenior HousingIndustrial+3 more themes

Frequently asked questions about NOVO Development

What does NOVO Development do?
NOVO Development is a commercial real estate development firm founded in 2013.
Where is NOVO Development based?
NOVO Development is headquartered in Washington, DC.
What markets does NOVO Development operate in?
NOVO Development is active in Phoenix, Arizona.
How many employees does NOVO Development have?
NOVO Development has 11–50 employees.
NOVO Development cover image

NOVO Development at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Third-Party Managed
Markets
1
Principals
5

Contact NOVO Development

1600 Pennsylvania Ave SE, Washington, DC 20003, USA
novodevelops.com