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Triumph Development logo

Triumph Development

Bethesda MD 2–10 employees 6 principals

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Last updated 2mo ago

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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6 principals on file

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Recent activity at Triumph Development

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Triumph Development's project portfolio

No projects on file for Triumph Development yet.

Markets and themes

Markets Triumph Development operates in

  • Denver, Colorado
  • Sacramento, California
  • Washington DC

Investment themes at Triumph Development

  • Hospitality
  • Multifamily - Ground-up
  • Opportunity Zones
  • Single-Family Homes
  • Suburban Office

Capabilities

  • Construction Management
  • Environmental Remediation
  • Site Development
  • Sustainability
  • Transit-oriented development
  • Urban infill

Operators similar to Triumph Development

  • Trailbreak Partners
    Mid-market tierDenver, ColoradoOpportunity ZonesHospitality+2 more themes
  • Turner Brothers Real Estate
    Mid-market tierSuburban OfficeOpportunity Zones+3 more themes
  • Poverni Sheikh Group
    Mid-market tierWashington DCSuburban OfficeHospitality+2 more themes
  • Sutter Capital Group
    Mid-market tierSacramento, CaliforniaSuburban OfficeHospitality+2 more themes
  • Strada Investment Group
    Mid-market tierSacramento, CaliforniaSuburban OfficeMultifamily - Ground-up+1 more theme
  • Potomac Development Group (PDG)
    Mid-market tierWashington DCSuburban OfficeHospitality+1 more theme
  • Schlosser Development Corporation
    Mid-market tierSacramento, CaliforniaSuburban OfficeHospitality+1 more theme
  • DMB Development
    Mid-market tierSacramento, CaliforniaSuburban OfficeHospitality+1 more theme
  • Taylor Builders
    Mid-market tierSacramento, CaliforniaHospitalityMultifamily - Ground-up+1 more theme
  • Erkiletian
    Mid-market tierWashington DCSuburban OfficeMultifamily - Ground-up+1 more theme

Frequently asked questions about Triumph Development

What does Triumph Development do?
Triumph Development was founded in 2002 by James Fangmeyer and Steve Virostek.
Where is Triumph Development based?
Triumph Development is headquartered in Bethesda MD.
What markets does Triumph Development operate in?
Triumph Development is active in Denver, Colorado, Sacramento, California, and Washington DC.
How many employees does Triumph Development have?
Triumph Development has 2–10 employees.
Triumph Development cover image

Triumph Development at a glance

Tier
Mid-market
Operator type
Developer, Owner, 3rd party Manager, Homebuilder
Headcount
2–10
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
3
Principals
6

Contact Triumph Development

8120 Woodmont Ave, Suite 800, Bethesda MD, 20814
www.triumphdev.com