What is Community Three Development?
Community Three Development is a team of real estate developers focused on the sustainable construction of boutique condominiums within the Washington D.C. suburbs. The company's strategic approach centers on creating high-quality, niche residential properties in desirable suburban markets surrounding the nation's capital. This focus allows them to cater to a specific segment of the housing market seeking unique living spaces.
How much funding has Community Three Development raised?
Community Three Development has raised a total of $60M across 1 funding round:
Other Financing Round
$60M
Other Financing Round (2021): $60M with participation from Stonewall PACE and FVCbank
Key Investors in Community Three Development
Stonewall PACE
Stonewall PACE is an investor participating in the recent funding round for Community Three Development. Specific details regarding their investment focus or previous ventures are not publicly disclosed.
FVCbank
FVCbank is a community bank serving the Washington D.C., Maryland, and Northern Virginia region, focusing on small and mid-sized businesses and nonprofit organizations. Their involvement suggests a strategic financial partnership aimed at supporting Community Three Development's operational and expansion needs.
What's next for Community Three Development?
The recent major strategic investment indicates a strong confidence from backers in Community Three Development's business model and future expansion plans. This capital infusion is likely to fuel further development projects, potentially expanding their footprint into new suburban areas or enhancing their existing portfolio with innovative sustainable building practices. The company is positioned for continued growth and market penetration within the Washington D.C. metropolitan area's real estate landscape.
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