RST Development

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 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