Somerset Development
Real Estate · District of Columbia, United States · 31 Employees
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About
Headquarters
5101 Wisconsin Ave NW Ste 410, Washington, Dist...Phone Number
(202) 363-2090Website
www.somersetdev.comRevenue
<$5 MillionIndustry
Recent News & Media
Highlights
<$5M
Total Funding Amount
<$5M
Most Recent Funding Amount
2
Number of Funding Rounds
Who is Somerset Development
Founded by Jim Campbell and Nancy Hooff in 2000, Somerset specializes in revitalization of urban communities, developing and preserving affordable housing, renovating historic properties, and mixed-use properties which strengthen communities in transit-oriented locations. Somerset, with a strong record of partnering with tenant associations, community organizations and local businesses, has a portfolio of $429 million with over 1,750 residential units in Washington and Baltimore of projects completed or under development. Somerset Development teamed with New Community Partners, LLC, founded by Bill Whitman with over 30 years in real estate development and finance, specializing in public-private partnerships in DC and other cities.Read more
Popular SearchesSomerset Development Company LLCSomerset Development CoSOMERSET DEVELOPMENT CorpSomerset Development LLCSomerset DevelopmentSIC Code 65,655NAICS Code 23,237Show moreSomerset Development Org Chart
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Somerset Development News & Media
Inspired by Somerset Development Launches Third-Party Buildout and Tenant Improvement Services Arm
HOLMDEL, N.J.--(BUSINESS WIRE)--Inspired by Somerset Development (Inspired), one of the real estate industry’s foremost innovators in large-scale mixed-use redevelopment, today announced the launch of its Third-Party Buildout and Tenant Improvement Services for tenants in the office sector. Led by Executive Vice President David Schreiber, Inspired will leverage both its in-house team and network of experienced architects, engineers and designers who are aligned in their ability to proficientlySomerset Development Rebrands as 'Inspired' - New Jersey Business Magazine
Somerset Development, an innovator in large-scale mixed-use redevelopment, announced its formal rebrand to Inspired by Somerset DevelopmentSomerset Development Rebrands as “Inspired”; Pursues New Redevelopment and Bell Works ‘Metroburb’ Opportunities Nationwide
HOLMDEL, N.J.--(BUSINESS WIRE)--Somerset Development rebrands to Inspired by Somerset Development ("Inspired")Jonathan Rose JV Secures Financing for DC Affordable Housing Project - MHN
EagleBank provided $25 million for the more than 125-unit community at 1350 Fairmont St., NW in Washington D.C., to break ground in July.EagleBank Provides Financing for Affordable Housing in Columbia Heights Neighborhood of Washington, DC
Funding will support the refinancing and pre-development costs of a more than 125-unit affordable housing property in the Columbia Heights Neighborhood of Washington, DC Funding will support the refinancing and pre-development costs of a more than 125-unit affordable housing property in the Columbia Heights Neighborhood of Washington, DC
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Frequently Asked Questions Regarding Somerset Development
Founded by Jim Campbell and Nancy Hooff in 2000, Somerset specializes in revitalization of urban communities, developing and preserving affordable housing, renovating historic properties, and mixed-use properties which strengthen communities in transit-oriented locations. Somerset, with a strong record of partnering with tenant associations, commun... Read More