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Our History
Established in 1987 as a single family homebuilder in the Philadelphia suburbs John Westrum, CEO of Westrum Development Company, continues to apply a proven platform for success: determining under-served market niches, while simultaneously creating growth opportunities.
These niche multi-markets have, in the past, included upscale active adult communities, new, market-rate housing in the city of Philadelphia for the first time in 10 years, entry level single homes and town homes in growth locations, and high-end singles in affluent zip codes. Additionally, title and mortgage companies and a design center were formed as profit centers that offered the convenience of one-stop shopping for homebuyers.
The continuous innovation and fortitude of John Westrum and his company have resulted in expanded geography, two corporate acquisitions, 80+ employees, over 1,500 homes, steady growth of 2000% from start-up, and two private equity placement funds.
After a strategically-planned sale of assets to a national homebuilder in 2001, today, Westrum's team of talented real estate experts concentrate their operations on three primary areas of development in local, regional, and national markets:
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