RST Development
Washington, DC 11–50 employees 6 principals
Last updated
About RST Development
RST Development is a real estate operator headquartered in Washington, DC. RST Development operates in Raleigh-Durham, North Carolina (Research Triangle Park - RTP) and Virginia Beach - Norfolk - Hampton Roads, Virginia. Its investment focus is on Affordable Housing, LIHTC and Multifamily - Ground-up.
RST Development is a real estate development, construction, and property management firm with headquarters in Virginia Beach, Virginia, and Rockville, Maryland. Co-founded and led by Principals Scott Copeland and Todd Copeland, the family-owned enterprise operates with over 30 years of industry experience across the Mid-Atlantic region. The enterprise functions as a vertically integrated platform specializing in ground-up development, general contracting, capital management, and property operations. Its business strategy focuses on market-rate multifamily apartments, affordable housing, and specialized neuroinclusive community developments, frequently leveraging Low-Income Housing Tax Credit Section 42 syndication to serve low- to moderate-income households. The organization maintains an active operational portfolio of approximately 8,500 residential units across Virginia, Maryland, and North Carolina. Key developments include the $65.9 million acquisition of the 320-unit Lodge at Croasdaile Farm in Durham, North Carolina, and Main Street Connect in Rockville, Maryland, a $32 million inclusive community designed for neurodiverse adults and individuals with developmental disabilities.
Principals at RST Development
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6 principals on file
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Recent activity at RST Development
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RST Development's project portfolio
3 projects on file · Multifamily (2), Affordable Housing (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 RST Development operates in
- Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
- Virginia Beach - Norfolk - Hampton Roads, Virginia
Investment themes at RST Development
Capabilities
- Asset Management
- Construction Management
- Mixed Use
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Frequently asked questions about RST Development
- What does RST Development do?
- RST Development is a real estate development, construction, and property management firm with headquarters in Virginia Beach, Virginia, and Rockville, Maryland.
- Where is RST Development based?
- RST Development is headquartered in Washington, DC.
- What markets does RST Development operate in?
- RST Development is active in Raleigh-Durham, North Carolina (Research Triangle Park - RTP) and Virginia Beach - Norfolk - Hampton Roads, Virginia.
- How many employees does RST Development have?
- RST Development has 11–50 employees.