Apennine Development Co., LLC is a Delaware-based real estate development firm with a focus on the Mid-Atlantic region. Established to leverage over 100 years of combined senior management experience in various aspects of commercial real estate, the company operates through three core investment strategies: the construction and retention of multifamily, commercial, retail, industrial, and hospitality assets; the acquisition and redevelopment of existing properties with potential for value enhancement; and the development of commercial and residential land for sale or rent. Apennine Development has a portfolio valued at approximately $520 million upon stabilization.
The company distinguishes itself with a senior management team that possesses diverse expertise and a deep understanding of market dynamics. Apennine Development recognizes that success hinges not just on thriving in a booming market but also on adeptly navigating external challenges while leveraging competitive advantages, including strategic land positions and strong buying power. One significant strength of Apennine Development is its vertical integration in essential development functions. With in-house legal services, a plumbing and mechanical division called Vertical Mechanical Solutions, LLC, and a general contracting wing under MFCS, LLC (Multi-Family Construction Services), the company is well-equipped to manage critical processes internally. This integration enhances cost-effectiveness and ensures adherence to project timelines, solidifying Apennine Development's commitment to excellence in real estate development.
