Maryland's real estate development companies play a vital role in shaping residential and commercial landscapes. These firms engage in property management, construction, and community development, focusing on creating sustainable living spaces. As metropolitan areas expand, there's a growing demand for energy-efficient and responsible developments. New trends in mixing commercial with residential spaces reflect a shift in consumer preferences for convenience and accessibility, creating vibrant neighborhoods. Such development efforts are often supported by local governments eager to revitalize urban spaces, making the industry promising for investors aiming for long-term growth.

The following list highlights 21 notable real estate development companies in Maryland, ranging from family-owned businesses like Bozzuto, founded in 1988, to prominent players like DRB Group, established in 1990. These firms vary in size, employing between 11 and over 5,000 individuals. Typically headquartered in key cities such as Rockville and Baltimore, they specialize in residential and commercial projects that reflect modern consumer demands and sustainable practices, showcasing their regional influence and expertise.

Read on to learn more about the top real estate development companies in Maryland.

Top 21 Real Estate Development Companies in Maryland

1. Bozzuto

• Website: bozzuto.com
• Ownership type: Family Owned
• Headquarters: Greenbelt, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 1001-5000
• LinkedIn: the-bozzuto-group

Bozzuto is a family-owned real estate company based in Greenbelt, Maryland, with a workforce of approximately 2,687 employees. Established in 1988, the company specializes in property management, construction, development, and homebuilding. Bozzuto manages luxury apartment communities across the United States, providing high-quality living spaces for individuals and families. Their focus on creating exceptional living experiences is evident in their commitment to customer service and community engagement. The company has developed, acquired, and built over 50,000 homes and apartments, managing more than 100,000 residences. Bozzuto's approach combines craftsmanship with a personal touch, ensuring that each project reflects the needs and desires of the communities they serve. Their dedication to social responsibility and sustainability further enhances their standing in the industry.

2. Foulger Pratt

• Website: foulgerpratt.com
• Ownership type: Private
• Headquarters: Potomac, Maryland, United States (USA)
• Employee distribution: United States (USA) 98%, Other 2%
• Founded year: 1963
• Headcount: 51-200
• LinkedIn: foulgerpratt

Foulger Pratt is a private real estate development firm based in Potomac, Maryland, with a history dating back to 1963. The company specializes in multi-family residential and commercial properties, focusing on creating value through strategic investments and effective property management. With a workforce of approximately 163 employees, Foulger Pratt operates primarily in the United States, with a strong emphasis on enhancing communities and promoting sustainable development. Their portfolio boasts over 15 million square feet of commercial, office, multi-family residential, and retail projects. Notable developments include Accolade, a luxury residential project in Washington, D.C., and Beckert's Park, a mixed-use community in Capitol Hill. Foulger Pratt's approach combines a commitment to quality with a focus on delivering substantial returns for investors, making them a significant player in the real estate development sector.

3. Eya, LLC

• Website: eya.com
• Ownership type: Private
• Headquarters: Bethesda, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1992
• Headcount: 51-200
• LinkedIn: eya

Eya, LLC is a private real estate developer based in Bethesda, Maryland, specializing in the creation of new homes and communities within the Washington, DC metropolitan area. Since its inception in 1992, Eya has focused on building modern, walkable neighborhoods that enhance urban living. The company primarily offers townhomes and brownstones, catering to homebuyers looking for contemporary residential options. Eya has developed over 40 neighborhoods, introducing more than 10,000 homeowners to a lifestyle that emphasizes convenience and accessibility. Their projects are designed to foster community engagement and sustainability, often incorporating eco-friendly practices and promoting reduced reliance on cars. Eya's commitment to quality and innovation has earned them numerous awards, reflecting their significant contributions to the real estate development sector.

4. The Wormald Companies

• Website: wormald.com
• Ownership type: Private
• Headquarters: Frederick, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1964
• Headcount: 51-200
• LinkedIn: wormaldcompanies

The Wormald Companies, based in Frederick, Maryland, is a private real estate developer established in 1964. With a workforce of approximately 77 employees, the company specializes in both residential and commercial properties. Their offerings include a range of housing options such as townhomes, luxury condominiums, and senior living facilities. Wormald is recognized for its emphasis on quality construction and community development, aiming to provide homes that improve the living experience for families and individuals. The company has developed several master-planned communities, integrating parks, walking trails, and recreational facilities to foster a sense of community. Their projects often feature modern designs and high-end finishes, appealing to a variety of buyers. Wormald's commitment to excellence is reflected in their rigorous quality inspection processes, ensuring that their developments meet high standards.

5. James Keelty & Company, INC.

• Website: keelty.com
• Ownership type: Family Owned
• Headquarters: Pikesville, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1904
• Headcount: 11-50
• LinkedIn: james-keelty-%26-company-inc.

James Keelty & Company, INC. is a family-owned real estate development firm based in Pikesville, Maryland. Founded in 1904, the company has over a century of experience in the construction and development of residential and commercial properties. Keelty Homes specializes in creating well-crafted living spaces, including single-family homes, luxury apartments, and various commercial developments. Their portfolio showcases a commitment to quality and community, with projects like the Villas at Woodbrook and Honeygo Run Luxury Apartments. The company also engages in property management, sustainable building practices, and mixed-use community development, reflecting a comprehensive approach to real estate. Keelty's long-standing presence in the Maryland market and their focus on local needs highlight their relevance in the real estate development sector.

6. Chesapeake Realty Partners

• Website: chesapeakerealtypartners.com
• Ownership type: Private
• Headquarters: Owings Mills, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1946
• Headcount: 11-50
• LinkedIn: chesapeake-realty-partners

Chesapeake Realty Partners is a private real estate development firm based in Owings Mills, Maryland. Established in 1946, the company has built a solid reputation in the Mid-Atlantic region, focusing on the construction and management of both residential and commercial properties. Their services span land acquisition, planning, and development, catering to a wide range of clients, from individuals seeking homes to businesses in need of commercial spaces. Over the years, Chesapeake Realty Partners has developed nearly 10,000 rental apartments and 30,000 for-sale homes, showcasing their extensive experience in the industry. In the past decade alone, they have invested $1.5 billion in various projects, which include large-scale land development and multi-family housing. Their active projects reflect a commitment to enhancing communities and meeting the evolving needs of the market.

7. DRB Group

• Website: drbgroup.com
• Ownership type: Corporate
• Headquarters: Rockville, Maryland, United States (USA)
• Employee distribution: United States (USA) 99%
• Latest funding: $68.0M, January 2016
• Founded year: 1990
• Headcount: 501-1000
• LinkedIn: drb-group-homebuilding

DRB Group, headquartered in Rockville, Maryland, is a prominent real estate development company that specializes in residential construction. Established in 1990, the firm has built a strong foundation in the industry, focusing on services such as build-to-rent, fee build, and land entitlement. With a workforce of approximately 874 employees, DRB Group operates across ten states and 20 metro markets, showcasing their extensive reach and operational capabilities. The company is recognized for its successful project execution and has become a sought-after partner for investors and homebuyers alike. Since 2019, DRB Group Development has collaborated with over twenty firms and investment groups, enhancing its reputation in the build-for-rent market. Their affiliation with Sumitomo Forestry Co. Ltd. as a majority shareholder since 2016 has further strengthened their position, allowing for growth and revitalization of their brand. DRB Group continues to be a respected name in residential real estate development, known for its financial stability and proven performance.

8. Lerner Enterprises

• Website: lerner.com
• Ownership type: Family Owned
• Headquarters: Rockville, Maryland, United States (USA)
• Employee distribution: United States (USA) 98%, Other 2%
• Founded year: 1952
• Headcount: 501-1000
• LinkedIn: lerner-enterprises

Lerner Enterprises, based in Rockville, Maryland, is a family-owned real estate development company that has been operational since 1952. The firm specializes in the development and management of a wide array of properties, including office spaces, residential communities, retail centers, and hospitality venues. Lerner is particularly noted for its commitment to sustainable practices, having developed numerous LEED-certified buildings that set benchmarks for environmental stewardship. Their portfolio includes significant projects like Nationals Park, the first LEED-certified major league stadium in the U.S., and various mixed-use developments in the D.C. metropolitan area. With a workforce of approximately 258 employees, Lerner continues to play an active role in shaping the real estate landscape of the region, focusing on community integration and high-quality property management.

9. Sage Ventures

• Website: sageventures.com
• Ownership type: Private
• Headquarters: Pikesville, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2004
• Headcount: 51-200
• LinkedIn: sage-ventures

Sage Ventures, based in Pikesville, Maryland, is a private real estate development and investment firm that specializes in residential properties. Established in 2004, the company has grown from a modest operation into a comprehensive entity with a portfolio of around 4,000 units valued at over $1 billion. Sage Ventures focuses on the development of high-quality apartments and townhomes, offering services that include property management and investment opportunities. Their clientele primarily consists of individuals and families seeking quality housing options. The firm prides itself on its integrity and reliability, having built strong relationships with investors and clients alike. With a dedicated team of professionals, Sage Ventures is actively involved in the construction and management of residential communities throughout the greater Baltimore/Washington area.

10. The Halle Companies

• Website: hallecompanies.com
• Ownership type: Private
• Headquarters: Silver Spring, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1972
• Headcount: 51-200
• LinkedIn: the-halle-companies

The Halle Companies, based in Silver Spring, Maryland, is a private real estate development and property management firm that has been operational since 1972. Specializing in both residential and commercial properties, the company has built a reputation for quality and innovation in the real estate sector. Over the years, The Halle Companies has developed more than 15,000 residential lots and constructed several thousand homes, catering to a variety of customers including homebuyers, renters, and businesses. Their portfolio includes notable projects such as the Kingstowne community in Virginia, which is one of the largest planned communities in the state, and the Villages of Apex in North Carolina, a mixed-use development that features residential units alongside commercial spaces. The firm has also expanded into commercial development, achieving success in this area over the past three decades. With a dedicated team of around 16 employees, The Halle Companies continues to manage and develop properties across the mid-Atlantic and southeastern United States, demonstrating their commitment to building quality environments.

11. MILLER Group

• Website: miller.group
• Ownership type: Private
• Headquarters: Bethesda, Maryland, United States (USA)
• Employee distribution: United States (USA) 85%, Cambodia 15%
• Founded year: 2001
• Headcount: 1-10
• LinkedIn: miller-dc

MILLER Group, based in Bethesda, Maryland, is a private real estate development company founded in 2001. With a small team of around 53 employees, the firm specializes in creating lasting value through a variety of residential and commercial projects. Their focus is on community-oriented developments, which include affordable housing and other asset classes tailored to meet the needs of tenants and local businesses. The company prides itself on its meticulous approach to project execution, ensuring high-quality design and construction. Currently, MILLER Group has 13 projects underway, totaling over 1,000,000 square feet of active development. They have served over 1,000 tenants across multiple asset classes, showcasing their commitment to enhancing the communities they operate in. The firm is also involved in various initiatives, such as presenting housing developments to local councils and receiving approvals for new projects, which further solidifies their active role in the real estate market.

12. A&R Development

• Website: ar-development.com
• Ownership type: Private
• Headquarters: Baltimore, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1977
• Headcount: 11-50
• LinkedIn: a%26r-development

A&R Development is a private real estate development and investment firm based in Baltimore, Maryland. Established in 1977, the company specializes in creating high-quality residential and commercial properties. With a focus on revitalizing neighborhoods, A&R Development has successfully completed over 50 major projects, resulting in the creation of more than 7,800 housing units and 500,000 square feet of commercial space. The firm operates with a construction value exceeding $900 million, showcasing its significant role in the local real estate market. A&R Development prioritizes social responsibility, aiming to build sustainable communities that benefit families, businesses, and municipalities. Their leadership team brings a wealth of experience from various industries, further solidifying their expertise in navigating the complexities of real estate development.

13. Victor Group

• Website: victorgroupnyc.com
• Ownership type: Private
• Headquarters: Fort Washington, Maryland, United States (USA)
• Employee distribution: United Arab Emirates 100%
• Founded year: 1994
• Headcount: 1-10
• LinkedIn: victor-group

Victor Group, founded in 1994, is a private real estate development company based in Fort Washington, Maryland, with a strong focus on the New York City market. The firm specializes in constructing high-quality residential and commercial properties, showcasing a commitment to superb design and craftsmanship. Their projects range from luxury condominiums to multi-unit residential communities, reflecting a keen understanding of market trends and client needs. The management team at Victor Group boasts decades of international construction experience, overseeing every aspect of the development process from land acquisition to marketing. Their notable projects include 277 Fifth, The Getty, and Gramercy Yoo, which highlight their ability to create distinctive and financially successful developments. Victor Group also operates Victor Capital, a financing division that supports their projects, further solidifying their role in the real estate sector.

14. MidCity

• Website: midcitydev.com
• Ownership type: Family Owned
• Headquarters: Bethesda, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1965
• Headcount: 11-50
• LinkedIn: midcity-development

MidCity is a family-owned real estate development company based in Bethesda, Maryland, with a focus on multifamily housing and mixed-use properties. Established in 1965 by Eugene F. Ford, Sr., the company has developed over 15,000 apartments, primarily in the Washington, DC area. MidCity is known for its mission-driven approach, emphasizing social responsibility and community engagement. The firm manages a portfolio of approximately 9,000 multifamily units and is involved in various aspects of real estate, including development, investment management, and property management. Their affiliated management company, Edgewood Management Corporation, oversees around 22,000 apartment units, showcasing their operational capacity. MidCity's recent projects, such as the RIA development, highlight their commitment to revitalizing urban spaces while maintaining a focus on affordable housing and community needs.

15. David S. Brown Enterprises, Ltd

• Website: davidsbrown.com
• Ownership type: Family Owned
• Headquarters: Owings Mills, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1933
• Headcount: 51-200
• LinkedIn: david-s.-brown-enterprises-ltd

David S. Brown Enterprises, Ltd is a family-owned real estate development and property management firm based in Owings Mills, Maryland. Established in 1933, the company has evolved from a home building operation into a comprehensive real estate service provider. They specialize in the development, construction, leasing, and management of a variety of properties, including luxury apartments, corporate centers, and retail spaces. Their portfolio features notable projects such as the Metro Centre at Owings Mills, a transit-oriented development that combines residential, commercial, and hospitality elements. The company is dedicated to enhancing local communities through thoughtful development and has a history of philanthropic efforts that support education and community services. With a workforce of approximately 146 employees, David S. Brown Enterprises continues to play a significant role in shaping the real estate landscape in the Baltimore area.

16. Natelli Communities

• Website: natellicommunities.com
• Ownership type: Private
• Headquarters: Gaithersburg, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1993
• Headcount: 11-50
• LinkedIn: natelli-communities

Natelli Communities is a private real estate developer based in Gaithersburg, Maryland, with a focus on creating master-planned communities and commercial properties. Established in 1993, the company has developed over 25,000 homesites and millions of square feet of office and retail space. Their projects are characterized by thoughtful planning, timeless design, and attention to detail, which have earned them numerous awards, including the 'Best Community in the Nation' by the National Association of Homebuilders for Bay Forest in 2018. Natelli Communities actively engages with local communities to ensure their developments meet the needs and preferences of residents. They manage the entire development process, from land acquisition to community build-out, and work with various builders to maintain high standards in construction. Their portfolio includes a range of residential options, including active adult communities, and they have expanded their reach into the Southeast region of the United States, further solidifying their presence in the industry.

17. CIH Properties, Inc.

• Website: cihproperties.com
• Ownership type: Private
• Headquarters: Silver Spring, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1974
• Headcount: 51-200
• LinkedIn: cih-properties-inc.

CIH Properties, Inc. is a private real estate development and property management firm based in Silver Spring, Maryland. Founded in 1974, the company specializes in affordable multi-family housing, primarily serving the Washington DC metro area. With a workforce of approximately 65 employees, CIH manages over 3,000 apartment residences across more than 20 communities. The firm has a strong focus on creating high-quality living environments for low and moderate-income households. CIH Properties is part of a group of independent entities that also includes CIH Ventures, Inc. and CIH Homes, L.C., which together handle various aspects of real estate development, from acquisition to construction management. Their commitment to long-term ownership and sustainability is evident in their approach to property management and community engagement, ensuring that they maintain and improve their properties over time.

18. Buchanan Partners

• Website: buchananpartners.com
• Ownership type: Private
• Headquarters: Bethesda, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1998
• Headcount: 51-200
• LinkedIn: buchanan-partners

Buchanan Partners is a private real estate development firm based in Bethesda, Maryland, with a focus on land development and investment in the Washington, D.C. region. Since its inception in 1998, the company has built a reputation for creating value through a variety of projects, including residential, commercial, and industrial developments. With a team of approximately 27 employees, Buchanan Partners has developed over 7.5 million square feet of space and entitled more than 2,000 acres of land. Their portfolio includes notable projects such as the Atelier multifamily building and the Quartz District mixed-use development. The firm prides itself on its collaborative approach, working closely with community stakeholders to navigate the complexities of land entitlement and maximize investment opportunities. Their commitment to integrity, innovation, and quality drives their efforts to enhance the communities in which they operate.

19. Ho Brothers Development, LLC

• Website: hobrothersdevelopment.com
• Ownership type: Private
• Headquarters: Frederick, Maryland, United States (USA)
• Employee distribution: China 100%
• Founded year: 2005
• Headcount: 1-10
• LinkedIn: ho-brothers-development-llc

Ho Brothers Development, LLC, based in Frederick, Maryland, is a private construction and real estate development firm that specializes in home building and land development. Established in 2005, the company is an extension of its parent company, Lun Vo, Ltd., which has roots dating back to the 1950s in China. The Ho family has a long-standing history in real estate, having transitioned their expertise to the U.S. market. The company focuses on creating residential communities and unique home constructions, catering to individuals and families looking to invest in their dream homes. Ho Brothers Development prides itself on its commitment to quality, reliability, and environmentally conscious practices, incorporating innovative green building technologies into their projects. Their portfolio includes various residential developments, showcasing their ability to adapt to client needs while maintaining high standards in construction.

20. The Tower Companies

• Website: towercompanies.com
• Ownership type: Family Owned
• Headquarters: Rockville, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1947
• Headcount: 51-200
• LinkedIn: towercompanies

The Tower Companies, based in Rockville, Maryland, is a family-owned real estate development and management firm with a history spanning over 75 years. Founded in 1947, the company has evolved to manage more than 6 million square feet of properties, which include residential, office, and retail spaces. Tower is recognized for its commitment to creating sustainable and healthy buildings, having achieved LEED and Fitwel certifications for a significant portion of its portfolio. The firm has also been at the forefront of innovative building practices, focusing on enhancing the well-being of occupants. With a strong emphasis on corporate responsibility, Tower has been carbon neutral since 2010 and actively reports its carbon footprint while supporting renewable energy projects. Their portfolio includes eco-progressive live-work-play communities, showcasing their dedication to responsible development and community enrichment.

21. Murn Properties

• Website: murnproperties.com
• Ownership type: Private
• Headquarters: Columbia, Maryland, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: murn-properties

Murn Properties is a private real estate development and property management firm based in Columbia, Maryland. Established in 2016, the company specializes in multifamily housing, providing a full suite of services that includes management, development, construction, and acquisitions. Murn Properties primarily serves property owners, investors, and residents throughout the Baltimore-Maryland corridor. With a dedicated team of 64 employees, the company has built a portfolio that features over 3,000 apartment homes and 350 single-family and townhome lots, amounting to a total portfolio value of approximately $1 billion. Murn Properties prides itself on its commitment to quality and community, focusing on creating valuable residential experiences and fostering partnerships that drive growth and success.

Real Estate Development Insights: Key Companies in Maryland

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