What is Cross Development?
Cross Development is a prominent developer specializing in single-tenant commercial and multifamily properties. The company distinguishes itself through a client-centric approach, managing projects from inception to completion with a strong commitment to delivering exceptional services. Their integrated offerings encompass site selection, comprehensive real estate development, construction management, and in-house project oversight. With a portfolio valued at over $1 billion, Cross Development focuses on cultivating robust client relationships while executing high-quality development projects.
How much funding has Cross Development raised?
Cross Development has raised a total of $954K across 2 funding rounds:
Debt
$350K
Debt
$604K
Debt (2020): $350K with participation from PPP
Debt (2021): $604K led by PPP
Key Investors in Cross Development
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Cross Development?
The recent major strategic investment signals a pivotal phase for Cross Development, likely enabling expansion into new markets or the scaling of existing operations. This significant capital infusion, part of its enterprise-level funding, suggests a strategic focus on accelerating development pipelines and potentially enhancing its construction management capabilities. The company is well-positioned to leverage this backing for further growth and to solidify its market leadership in commercial and multifamily real estate.
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