What is Donatelli Development?
Donatelli Development, Inc., formerly Donatelli & Klein, is a privately held corporation with a deep-rooted history in real estate acquisition, development, and ownership since its inception in 1973. The firm has a proven track record of developing diverse properties including office buildings, apartment communities, shopping centers, industrial properties, and residential subdivisions, primarily within the metropolitan Washington, D.C. area. Their strategic approach focuses on long-term ownership and growth, emphasizing an entrepreneurial spirit to identify opportunities that sustain a healthy rate of expansion. Over the past 15 years, Donatelli Development has delivered over 2,500 housing units and 100,000 square feet of retail space, contributing significantly to urban development with notable projects near key metro stations.
How much funding has Donatelli Development raised?
Donatelli Development has raised a total of $437K across 2 funding rounds:
Debt
$150K
Debt
$287K
Debt (2020): $150K with participation from PPP
Debt (2021): $287K led by PPP
What's next for Donatelli Development?
The substantial large-scale late-stage funding indicates Donatelli Development is poised for significant expansion and potentially new market entries or large-scale project acquisitions. This capital infusion will likely fuel further development of mixed-use properties and residential communities, reinforcing their strategy of acquiring, developing, and managing properties for sustained long-term value. The company's commitment to maintaining an entrepreneurial staff and carefully selecting growth opportunities suggests a strategic deployment of these funds to enhance their portfolio and market position.
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