What is DER Development?
DER Development is a seasoned, family-owned construction and development firm headquartered in Cincinnati, Ohio, boasting over 75 years of operational experience across the tri-state region of Ohio, Kentucky, and Indiana. The company distinguishes itself by offering a comprehensive suite of services, encompassing pre-construction planning, general contracting, design/build, development, and property management. This integrated approach positions DER Development as a single-source provider capable of delivering turnkey projects. Their portfolio includes diverse project types such as office buildings, medical facilities, and community centers, with a consistent commitment to delivering high-quality results on schedule and within budgetary constraints, while prioritizing safety and sustainability.
How much funding has DER Development raised?
DER Development has raised a total of $358K across 2 funding rounds:
Debt
$150K
Debt
$208K
Debt (2020): $150K with participation from PPP
Debt (2021): $208K led by PPP
What's next for DER Development?
The recent major strategic investment signals a pivotal moment for DER Development, likely enabling further expansion of its service offerings and geographic reach. Given its extensive history and comprehensive capabilities, this capital infusion is expected to fuel strategic growth initiatives, potentially involving the acquisition of new technologies, enhancement of property management services, or the development of larger-scale commercial and community projects. The company's focus on maximizing client investments, coupled with its commitment to safety and sustainability, suggests a forward-looking strategy aimed at solidifying its market leadership and exploring new avenues for development.
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