Somerset Development Company
Washington, DC 11–50 employees 9 principals
Last updated
About Somerset Development Company
Somerset Development Company is a real estate operator headquartered in Washington, DC. Somerset Development Company operates in Baltimore, Maryland and Washington DC. Its investment focus is on Affordable Housing, Historic Tax Credits and LIHTC.
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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