How Much Did Cross Development Raise?
Funding & Key Investors

Cross Development has solidified its position as a formidable entity in the commercial real estate sector, recently securing a major strategic investment of $604K. This latest infusion of capital brings the firm's total funding to $954K, underscoring its capacity to execute large-scale infrastructure and property projects. By leveraging this financial backing, the company continues to expand its footprint in the single-tenant commercial and multifamily property markets, maintaining a trajectory of sustained growth and operational excellence.

What is Cross Development?

Cross Development
Real EstateConstructionConstruction Management

Cross Development operates as a comprehensive real estate development firm, providing end-to-end solutions that span the entire project lifecycle. From initial site selection and feasibility analysis to complex construction management and in-house project oversight, the company is recognized for its ability to deliver high-value assets. With a portfolio valued in excess of $1 billion, the organization prioritizes client-centric outcomes, ensuring that every development meets rigorous standards of quality and efficiency. Their market position is defined by a commitment to long-term relationship building and the successful delivery of sophisticated real estate ventures across diverse asset classes.

How much funding has Cross Development raised?

Cross Development has raised a total of $954K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$604K

Debt (2020): $350K with participation from PPP

Debt (2021): $604K led by PPP

Key Investors in Cross Development

PPP

Public-Private Partnership

What's next for Cross Development?

With the recent influx of capital, Cross Development is well-positioned to accelerate its development pipeline and enhance its service offerings. The strategic allocation of these funds will likely focus on scaling construction management capabilities and pursuing new site acquisitions in high-growth regions. As the firm navigates the complexities of the current real estate landscape, this major enterprise-level funding provides the necessary liquidity to mitigate market volatility while pursuing ambitious expansion goals. Future initiatives will likely emphasize the integration of advanced project management technologies to further streamline operations and maintain their competitive edge in the commercial property sector.

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Frequently Asked Questions Regarding Cross Development Financial Insights

What are the most recent funding rounds that Cross Development has completed, and what were the funding rounds?
Cross Development has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Cross Development has raised to date?
Cross Development has raised a total of $954K in funding to date.
How many funding rounds has Cross Development completed?
Cross Development has completed 2 funding rounds.
How much funding did Cross Development raise in its most recent funding round?
Cross Development raised $604K in its most recent funding round.
Who are the lead investors in Cross Development's latest funding round?
The lead investor in Cross Development's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cross Development's history?
The largest funding round in Cross Development's history was $604K.
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