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Sunstone Development logo

Sunstone Development

2–10 employees 2 principals

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Last updated 2mo ago

About Sunstone Development

Sunstone Development is a real estate operator. Sunstone Development operates in Lexington-Fayette, Kentucky, Phoenix, Arizona and Provo-Orem, Utah. Its investment focus is on Affordable Housing, Hospitality and Multifamily - Core.

Sunstone Development, LLC is a real estate development firm headquartered in Orange County, California. It was founded in 2021 as a startup investment vehicle by Blake Wettengel and Tanya Muro and maintains a team with nearly 30 years of combined experience in investment and development. The principals have managed and developed approximately $3 billion in real estate assets across multiple property types. The firm operates across three core strategies: value‑add (renovations and upgrades), ground‑up development (planning, architecture, construction), and core (property management and minor improvements).

Principals at Sunstone Development

Principal details are a Pro feature

2 principals on file

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Recent activity at Sunstone Development

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Sunstone Development's project portfolio

1 project on file · Multifamily (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 Sunstone Development operates in

  • Lexington-Fayette, Kentucky
  • Phoenix, Arizona
  • Provo-Orem, Utah
  • Reno, Nevada
  • San Francisco - Oakland Bay Area, California

Investment themes at Sunstone Development

  • Affordable Housing
  • Hospitality
  • Multifamily - Core
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Student Housing
  • Workforce Housing

Capabilities

  • Asset Management
  • High-Rise
  • Mixed Use
  • Sustainability
  • Transit-oriented development
  • Urban infill

Operators similar to Sunstone Development

  • Vive Development
    Mid-market tierAffordable HousingHospitality+5 more themes
  • DDRM Partners
    Mid-market tierPhoenix, ArizonaReno, Nevada+2 more marketsAffordable HousingHospitality+1 more theme
  • Cypress Equity Investments
    Mid-market tierSan Francisco - Oakland Bay Area, CaliforniaAffordable HousingMultifamily - Core+3 more themes
  • Strada Investment Group
    Mid-market tierSan Francisco - Oakland Bay Area, CaliforniaAffordable HousingMultifamily - Core+3 more themes
  • Trailbreak Partners
    Mid-market tierHospitalityStudent Housing+4 more themes
  • Novin Development Corp. (NDC)
    Mid-market tierSan Francisco - Oakland Bay Area, CaliforniaAffordable HousingMultifamily - Core+3 more themes
  • Spandrel Development Partners
    Mid-market tierAffordable HousingHospitality+4 more themes
  • Ulysses Development Group
    Mid-market tierPhoenix, ArizonaReno, NevadaAffordable HousingMultifamily - Ground-up+2 more themes
  • Sunflower Development Group
    Mid-market tierMultifamily - Value-AddAffordable Housing+4 more themes
  • Henderson Park
    Mid-market tierHospitalityStudent Housing+3 more themes

Frequently asked questions about Sunstone Development

What does Sunstone Development do?
Sunstone Development, LLC is a real estate development firm headquartered in Orange County, California.
What markets does Sunstone Development operate in?
Sunstone Development is active in Lexington-Fayette, Kentucky, Phoenix, Arizona, Provo-Orem, Utah, Reno, Nevada, and San Francisco - Oakland Bay Area, California.
How many employees does Sunstone Development have?
Sunstone Development has 2–10 employees.
Sunstone Development cover image

Sunstone Development at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
2–10
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
5
Principals
2

Contact Sunstone Development

20 Enterprise Suite 400 Aliso Viejo, CA 92656
sunstone-dev.com