Vermilion Development
2–10 employees 8 principals
Last updated
About Vermilion Development
Vermilion Development is a real estate operator. Vermilion Development operates in Chicago, Illinois, Fort Wayne, Indiana and Indianapolis, Indiana. Its investment focus is on Affordable Housing, Car-light communities and Condominiums.
Vermilion Development is a privately held real‑estate firm based in Chicago, IL, founded in 1992. The company has delivered more than $650 million in gross investment across 2,035,669 sq ft and 22 completed or ongoing developments. The firm focuses on three core areas: market‑rate residential, affordable assisted‑living communities, and public–private partnerships, primarily throughout the Midwest. Their market‑rate work includes multi‑family housing like the 55‑unit, $43 million “1617 Sherman” in Madison, WI, and the 100‑unit, $38 million Alcove Wicker Park in Chicago.
Principals at Vermilion Development
Principal details are a Pro feature
8 principals on file
Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.
Recent activity at Vermilion Development
No recent signals captured for Vermilion Development yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.
Vermilion Development's project portfolio
2 projects on file · Multifamily (1), Residential (general) (1)
Sign up to see Vermilion Development's 2 projects on a map
Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets Vermilion Development operates in
Investment themes at Vermilion Development
- Affordable Housing
- Car-light communities
- Condominiums
- Hospitality
- Multifamily - Ground-up
- Senior Housing
- Urban Office
Capabilities
- Asset Management
- Construction Management
- Custom Homes
- Economic Development
- Mixed Use
- Public-private partnerships
- Site Development
- Transit-oriented development
- Urban infill
Operators similar to Vermilion Development
- Gillon Property GroupMid-market tierSenior HousingAffordable Housing+3 more themes
- Leo Brown Group LLCMid-market tierIndianapolis, IndianaChicago, Illinois+1 more marketSenior HousingAffordable Housing
- RBH GroupMid-market tierChicago, IllinoisSenior HousingAffordable Housing+2 more themes
- BC GroupMid-market tierUrban OfficeSenior Housing+3 more themes
- Christian Tyler Properties, LLC (CTP)Mid-market tierSenior HousingAffordable Housing+3 more themes
- Claro DevelopmentMid-market tierChicago, IllinoisCar-light communitiesHospitality+2 more themes
- Forward Development GroupMid-market tierMadison, WisconsinSenior HousingAffordable Housing+2 more themes
- Harbor BayMid-market tierChicago, IllinoisSenior HousingAffordable Housing+2 more themes
- Spandrel Development PartnersMid-market tierAffordable HousingHospitality+3 more themes
- Dream DevelopmentMid-market tierSenior HousingAffordable Housing+3 more themes
Frequently asked questions about Vermilion Development
- What does Vermilion Development do?
- Vermilion Development is a privately held real‑estate firm based in Chicago, IL, founded in 1992.
- What markets does Vermilion Development operate in?
- Vermilion Development is active in Chicago, Illinois, Fort Wayne, Indiana, Indianapolis, Indiana, and Madison, Wisconsin.
- How many employees does Vermilion Development have?
- Vermilion Development has 2–10 employees.