Somerset Development
Construction Management · District of Columbia, United States · 11-50 Employees
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Overview
Headquarters
5101 Wisconsin Ave NW Ste 410, Washingto...Phone Number
(202) 363-2090Website
www.somersetdev.comRevenue
<$5 MillionIndustry
ZI Rank: 5
Signal Type
Mar
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ZI Rank
2
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5
About Somerset Development
Somerset Development Company is a socially responsible real estate development firm dedicated to expanding affordability and revitalizing communities. They specialize in multi-family residential development, including historic preservation, new construction, and major renovations, focusing on both market rate and affordable housing in transit-oriented locations within underserved areas. Their projects, such as The Hammond at Greenmount Park, emphasize community collaboration and aim to enhance local amenities while supporting diverse households. The company works closely with various partners and community organizations to ensure their developments align with resident priorities and community goals.Explore more
Somerset Development Org Chart
JR
Partner and Managing Director
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Activity Insights
Somerset Development is experiencing very low activity levels compared to other companies in the Construction sector.
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Somerset Development is drawing exceptional interest within the Construction industry, suggesting notable developments or strong market momentum, learn more about Somerset Development.
Somerset Development financials insights
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2020
Debt
$150K
2021
Debt
$212K
Somerset Development Tech Stack
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Somerset Development News & Media
Greystone Closes $30 Million Debt Placement for Office Property in New Jersey
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, closed a $30,000,000 debt placement for the acquisition of an office and mixed-use property in Tinton Falls, NJ. The financing was sourced by the Greystone Capital Advisors team led by Drew Fletcher, President, and Miryam Reinitz-Kops, Vice President, on behalf of Inspired by Somerset Development.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")
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Somerset Development Company is a socially responsible real estate development firm dedicated to expanding affordability and revitalizing communities. They specialize in multi-family residential development, including historic preservation, new construction, and major renovations, focusing on both market rate and affordable housing in transit-orien... Read More
