What is Douglaston Development?
Douglaston Development is a prominent New York City-based real estate development firm with a comprehensive portfolio spanning mixed-use projects, high-rise rentals and condominiums, affordable housing, hospitality, senior living, and commercial spaces. Operating as an owner-builder-manager through its affiliates Levine Builders and Clinton Management, the company possesses extensive expertise in property acquisition, construction, and management. Over its four-decade history, Douglaston Development has expanded its reach beyond New York to include properties in Arizona, Seattle, and London, demonstrating a robust and diversified development strategy.
How much funding has Douglaston Development raised?
Douglaston Development has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Douglaston Development?
The substantial capital infusion, particularly the recent strategic investment, positions Douglaston Development for continued expansion and development of its diverse real estate projects. As a company with a proven track record in both market-rate and affordable housing, this financing will likely fuel further acquisitions, construction initiatives, and potentially new market entries. The late-stage funding context suggests a focus on scaling operations and solidifying its market leadership in key urban centers.
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