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Overview

Mission Statement:  We are a residential real estate development company focusing on the housing needs and wants of an ever changing demographics by creating communities where our customers will “Love Life Here.”


HIGHLIGHTS to Our History:

  • 1986: John Westrum started Westrum Development Company in Bucknell Dorm
  • 1999: Acquired 2 Suburban Builders expanding market reach in PA and NJ
  • 2001: Shifted focus to Urban Redevelopment by selling 3,000+ suburban lots to Pulte Homes
  • 2002-2007: Became the largest “for sale” market rate landholder/developer in Philadelphia
  • 2006: Completed first Arbour Square Senior Living location (Harleysville, PA)
  • 2007-2013: Survived Great Recession/shifted focus from FOR SALE residential to Multifamily
  • 2016: Completed LUXOR Luxury Suburban Apartment Proof-of-Concept location in Norristown
  • 2017: Completed ICON Luxury Urban Apartment Proof-of-Concept location in Norristown
  • 2017: Opened Westrum Property Management to Operate Urban/Suburban Multifamily Asset
  • 2017: Completed “Next Gen” Arbour Square Senior Living Location in West Chester
  • 2013 – 2018: Nearly 1500 units started in remaining home building communities and 3 targeted multifamily brands:

LUXOR Luxury Apartments (suburban multifamily product)

ICON Luxury Apartments (urban multifamily product)

Westrum Senior Living Communities (Independent Living/Personal Care/Memory Care)

 


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