TurnDev

About TurnDev

TurnDev is a real estate operator. TurnDev operates in Cleveland, Ohio and Toledo, Ohio. Its investment focus is on Affordable Housing, Hospitality and Industrial.

TurnDev is a privately held commercial real estate development and investment company founded in 2022 and headquartered in Beachwood, Ohio. The company employs approximately 11–50 people and specializes in urban redevelopment, adaptive reuse, multifamily housing, hospitality, retail, and self-storage properties. Its development portfolio represents approximately $500 million in total valuation and more than 5 million square feet of development activity. TurnDev focuses primarily on Cleveland and surrounding Ohio markets, acquiring and redeveloping underutilized commercial buildings, historic properties, and urban development sites. Its projects include Breakwater Residences, a development featuring 180 apartments and 13 townhomes; The Vibe, a multifamily redevelopment in Ohio City; and the Heller and Keller-Kohn Buildings, a historic rehabilitation project delivering 106 residential apartments. The company's services include property acquisition, master planning, financing, construction management, historic preservation, leasing, and property management. TurnDev also develops hospitality destinations, retail properties, and self-storage facilities throughout Northeast Ohio.

Principals at TurnDev

Recent activity at TurnDev

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TurnDev's project portfolio

No projects on file for TurnDev yet.

Markets and themes

Markets TurnDev operates in

• Cleveland, Ohio
• Toledo, Ohio

Investment themes at TurnDev

• Affordable Housing
• Hospitality
• Industrial
• Membership Clubs
• Multifamily - Ground-up
• Multifamily - Value-Add
• Self-Storage
• Suburban Office
• Workforce Housing

Capabilities

• Assemblage
• Environmental Remediation
• Mixed Use
• Site Development
• Sustainability
• Technology-forward
• Urban infill

Operators similar to TurnDev

• Buligo Capital
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• The Daimler Group
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• Urban Atlantic
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• Westmount Realty Capital
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• Saunders Construction
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• Edge Realty Partners
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• Oppidan Investment Company
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• Endeavor Real Estate Group
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• Evergreen Real Estate Group
  Established tierToledo, OhioCleveland, OhioWorkforce HousingMultifamily - Value-Add+2 more themes
• IRA Capital
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Frequently asked questions about TurnDev

What does TurnDev do?

TurnDev is a privately held commercial real estate development and investment company founded in 2022 and headquartered in Beachwood, Ohio.

What markets does TurnDev operate in?

TurnDev is active in Cleveland, Ohio and Toledo, Ohio.

How many employees does TurnDev have?

TurnDev has 2–10 employees.