Somerset Development Company
Suite 410 Washington, DC 2 11–50 employees 9 principals
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About Somerset Development Company
Somerset Development Company is a real estate operator headquartered in Suite 410 Washington, DC 2.
Somerset Development Company, founded in 2000, is a private real estate development firm based in Washington, D.C., United States. The company is primarily focused on the development and preservation of affordable housing. It specializes in multi-family residential development, including new construction, major renovations, market rate and affordable residential development. These projects often involve historic preservation and are typically located in transit-oriented, underserved communities. Somerset's real estate development portfolio is valued at $400 million and comprises over 2,270 multi-family residential units. This portfolio also includes retail units and new community buildings. The company is noted for its expertise in acquiring and leveraging new markets, historic, and low-income housing tax credits.
Principals at Somerset Development Company
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