BUILDING Relationships based on Results
Westrum Development Company believes in the value and power of collaboration. Strategic partnerships serve as the foundation of our business, and we work closely with stakeholders to envision, deliver, and lease up award-winning communities throughout the mid-Atlantic region.
Reimagining, revitalizing, and reenergizing neighborhoods and towns is our passion. Whether it is overhauling the Mainstreet of a suburban downtown, creating masterplans to turn acres of blighted industrial sites into vibrant, integrated communities, or constructing our own brand of age-in-place senior rental communities – we’re proud of our history and our ability to create opportunities where needed most. Click here for municipalities we have worked with.
Our long-standing history of successfully rezoning to our desired use is a testament to our strength and reputation. Our long-term relationships with local organizations, institutions, and governing bodies speak volumes about creating developments that are more than financially successful; they are welcomed additions to existing communities.
Westrum Development Company has well-established relationships with numerous private and institutional partners and lenders. Since 1987, our investment partners have invested over $1.25 billion in equity with us. Our first priority is to preserve the equity and debt capital entrusted to us, and ultimately to deliver reliable cash flow and above average risk-adjusted total returns to our partners.