Triumph Development
Bethesda MD 2–10 employees 6 principals
Last updated
About Triumph Development
Triumph Development is a real estate operator headquartered in Bethesda MD. Triumph Development operates in Denver, Colorado, Sacramento, California and Washington DC. Its investment focus is on Hospitality, Multifamily - Ground-up and Opportunity Zones.
Triumph Development was founded in 2002 by James Fangmeyer and Steve Virostek. Over its more than 20 years of operation, it has expanded operations across multiple regions and formed a broader holding structure under Triumph Partners. The firm works in commercial, resort, and residential development, custom home building, property management, and brokerage. It has completed or is executing multi-family, mixed-use, and hotel projects, often in resort or mountain markets. Current projects include a 284-unit redevelopment in Vail, Colorado, and a 29-unit townhome/condominium project in Mountain Village, Colorado. In past work, they have delivered 72 rental apartments in Vail and a 114-key hotel plus 137 apartments in Truckee, California.
Principals at Triumph Development
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