Real estate development companies in North Carolina play a crucial role in shaping the state's urban and suburban environments. They engage in various activities from residential and commercial construction to land management and redevelopment. The sector thrives on a mix of family-owned firms, private corporations, and regional developers, reflecting robust growth fueled by population increases and economic trends. Notably, there is a growing emphasis on sustainability and green building practices, with developers striving to meet modern housing demands while enhancing community infrastructure. Interestingly, North Carolina ranks among the fastest-growing states, driving more innovative projects ahead.

The companies featured in this list originate from key urban centers like Charlotte, Raleigh, and Cary, with many established in the late 20th century. They range in size from small teams of 11-50 employees to larger corporations employing hundreds. Each specializes in particular niches within real estate, covering multifamily housing, commercial spaces, and innovative design strategies. This variety highlights the competitive yet cooperative nature of the North Carolina real estate development scene, catering to diverse community needs.

Continue reading to learn about the top real estate development companies in North Carolina.

Top 22 Real Estate Development Companies in North Carolina

1. Crescent Communities

• Website: crescentcommunities.com
• Ownership type: Corporate
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 99%
• Latest funding: April 2018
• Founded year: 1963
• Headcount: 201-500
• LinkedIn: crescentcommunities

Crescent Communities is a prominent real estate developer based in Charlotte, North Carolina, specializing in mixed-use communities, multifamily housing, and commercial spaces. Since its inception in 1963, the company has focused on creating high-quality developments that cater to both residential and commercial needs. With a workforce of approximately 293 employees, Crescent Communities operates in some of the fastest-growing markets across the United States, including cities like Atlanta, Dallas, and Denver. Their development portfolio boasts over 86 multifamily communities and 25 million square feet of commercial space, showcasing their extensive experience and commitment to quality. The company is known for its branded communities, such as NOVEL, RENDER, and HARMON for multifamily housing, and AXIAL for industrial developments. Crescent Communities also emphasizes sustainability and community engagement, integrating public art and promoting diversity and inclusion within their projects.

2. Eastwood Homes

• Website: eastwoodhomes.com
• Ownership type: Family Owned
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1977
• Headcount: 201-500
• LinkedIn: eastwood-homes

Eastwood Homes is a family-owned home builder based in Charlotte, North Carolina, with a history dating back to 1977. The company specializes in constructing new residential properties, offering a range of single-family homes and townhomes across various communities in the Southeast. With operations in North Carolina, South Carolina, Virginia, and Georgia, Eastwood Homes caters primarily to homebuyers looking for quality homes with customizable options. The company prides itself on its commitment to craftsmanship and customer service, which has earned it accolades such as Builder of the Year in Charlotte, NC, in 2023. Eastwood Homes has developed a robust portfolio of properties and maintains a strong presence in the market, making it a notable player in the real estate development industry.

3. Nest Homes

• Website: nesthomes.com
• Ownership type: Private
• Headquarters: Mooresville, North Carolina, United States (USA)
• Employee distribution: United States (USA) 72%, Lebanon 14%, New Zealand 14%
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: nest-homes

Nest Homes, founded in 2014 and located in Mooresville, North Carolina, specializes in residential real estate development. The company has carved out a niche in the home building sector, focusing on quality construction and appealing locations. With a workforce of 11-50 employees, Nest Homes is dedicated to creating homes that cater to modern living needs, featuring contemporary designs and amenities. Their portfolio includes various communities, each designed to enhance the living experience for homebuyers. Nest Homes actively engages with customers, ensuring that their homes meet the expectations of today's buyers. The company has not reported any funding, indicating a self-sustained growth model. Their commitment to quality and customer service positions them as a relevant player in the real estate development industry.

4. LeoTerra Development Inc.

• Website: leoterradevelopment.com
• Ownership type: Private
• Headquarters: Kernersville, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2016
• Headcount: 201-500
• LinkedIn: leoterra-development

LeoTerra Development Inc. is a private real estate development firm based in Kernersville, North Carolina. Established in 2016, the company specializes in residential and commercial projects throughout the Southeast. With a focus on vertical integration, LeoTerra manages the entire development process, which includes land acquisition, due diligence, planning, and construction management. They have developed over 8,000 lots and have successfully closed more than $100 million in land acquisitions. The company caters primarily to national home builders and developers, providing a range of services that ensure high-quality outcomes. Their projects also include building Class A storage facilities and developing build-to-rent communities, showcasing their adaptability in the market. LeoTerra's in-house teams, including civil engineers and construction crews, enhance their ability to deliver projects efficiently and to high standards.

5. Saussy Burbank

• Website: saussyburbank.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1989
• Headcount: 11-50
• LinkedIn: saussy-burbank

Saussy Burbank is a private home builder and real estate developer based in Charlotte, North Carolina, with operations extending into South Carolina. Since its inception in 1989, the company has focused on constructing new homes and townhomes, emphasizing quality craftsmanship and innovative design. With a portfolio of over 8,000 homes, Saussy Burbank has garnered regional and national accolades, including seven Best in American Living® awards. Their projects are strategically located in desirable neighborhoods, catering to homebuyers seeking modern residential options. The company is also recognized for its sustainable building practices, earning the National Association of Home Builders (NAHB) Research Center Green Partner Award. Saussy Burbank's commitment to customer satisfaction is evident through their multiple Guildmaster Awards for exemplary customer service, reflecting their dedication to enhancing the homebuying experience.

6. Grubb Properties

• Website: grubbproperties.com
• Ownership type: Corporate
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: March 2012
• Founded year: 1963
• Headcount: 201-500
• LinkedIn: grubb-properties

Grubb Properties, based in Charlotte, North Carolina, is a real estate company that specializes in developing and managing multifamily and commercial properties. Established in 1963, the firm has built a reputation for its commitment to essential housing solutions, particularly through its Link Apartments brand. This initiative aims to provide affordable living options for individuals who earn too much for subsidized housing but cannot afford luxury accommodations. Grubb Properties operates with a vertically integrated model, allowing them to oversee every stage of property development, from acquisition to management. Their focus on urban infill projects in high-growth markets reflects a strategic approach to meet the growing demand for essential housing. The company has also been recognized for its community engagement and efforts to create sustainable living environments. With a workforce of around 228 employees, Grubb Properties continues to play a significant role in addressing the housing crisis in urban areas across the United States.

7. Preston Development Company

• Website: prestondev.com
• Ownership type: Private
• Headquarters: Cary, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1991
• Headcount: 11-50
• LinkedIn: preston-development-company

Preston Development Company, based in Cary, North Carolina, has been a significant player in the real estate development industry since its inception in 1991. The company specializes in both residential and commercial projects, with a focus on creating sustainable communities that enhance the quality of life for residents and businesses alike. Their portfolio includes notable developments such as Chatham Park, a massive 7,000-acre master-planned community, and Beau Coast, which has received recognition for its charm and amenities. With a team of around 20 employees, Preston Development Company prides itself on its commitment to quality and integrity in every project. The firm has received several awards, including the 2023 Development Company of the Year, reflecting its strong reputation in the Triangle area and beyond. Their projects are characterized by thoughtful planning and a focus on community integration, making them a respected name in North Carolina's real estate landscape.

8. Quarterra Group

• Website: quarterra.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2011
• Headcount: 501-1000
• LinkedIn: lennar-multifamily

Quarterra Group, based in Charlotte, North Carolina, is a private real estate development and property management firm that specializes in multifamily housing. Founded in 2011, the company has grown to employ between 501 and 1000 individuals, showcasing its significant presence in the industry. Quarterra is dedicated to creating vibrant communities through its integrated approach, which combines development, construction, and management services. The company aims to enhance living experiences while addressing the pressing issue of housing affordability across various U.S. markets. With a focus on sustainability, Quarterra has developed numerous apartment communities, contributing to the housing landscape with innovative designs and quality construction. Their operational model allows them to maintain control over the entire development process, ensuring that each project meets their high standards and aligns with community needs.

9. Garman Homes

• Website: garmanhomes.com
• Ownership type: Private
• Headquarters: Morrisville, North Carolina, United States (USA)
• Employee distribution: United States (USA) 96%, Pakistan 4%
• Founded year: 2007
• Headcount: 51-200
• LinkedIn: garman-homes

Garman Homes, based in Morrisville, North Carolina, is a private homebuilder specializing in residential construction. Established in 2007, the company focuses on creating quality single-family homes and townhouses. Garman Homes prides itself on a personal approach to homebuilding, ensuring customer satisfaction through attentive service and community involvement. With a workforce of approximately 74 employees, the company operates primarily in the United States, with a small percentage of its workforce located in Pakistan. Garman Homes is known for its innovative practices, such as offering guaranteed closing dates and a dedicated warranty team that checks in with homeowners after they move in. Their commitment to giving back to the community is evident in their support for local causes and charities, further solidifying their role in the real estate development industry.

10. Crosland Southeast

• Website: croslandsoutheast.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2011
• Headcount: 11-50
• LinkedIn: crosland-southeast

Crosland Southeast is a private real estate development firm based in Charlotte, North Carolina, specializing in retail and mixed-use developments. Established in 2011, the company emerged from the retail division of Crosland, LLC, which had a long-standing reputation in the industry. The team at Crosland Southeast boasts over 150 years of combined experience, having developed more than 20 million square feet of commercial space across various markets in the Southeast. Their projects range from single-tenant build-to-suits to large-scale regional shopping centers, with a strong emphasis on creating vibrant community spaces. Notable developments include Birkdale Village, Providence Marketplace, and the ongoing Eastland Mall redevelopment. Crosland Southeast is committed to delivering quality and value, focusing on the needs of the communities they serve, and has received recognition for their innovative designs and successful projects from industry organizations.

11. Beechwood Carolinas

• Website: beechwoodcarolinas.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1985
• Headcount: 51-200
• LinkedIn: beechwood-carolinas

Beechwood Carolinas is a private luxury home builder and real estate developer based in Charlotte, North Carolina. Established in 1985, the company specializes in creating custom homes and upscale residential communities. With a commitment to high-quality construction and thoughtful design, Beechwood Carolinas caters to consumers seeking premium living environments. The company emphasizes health, wellness, and sustainability in its developments, enhancing the quality of life for residents. Beechwood has built over 10,000 homes across 80 communities, with a significant presence in North Carolina and New York. Their recent projects include the Lakeside Pointe community on Lake Norman and the South Creek mixed-use development in Chapel Hill, which is set to include residential, retail, and office spaces. This expansion reflects their strategic growth and adaptation to market demands.

12. Craig Davis Properties, Inc.

• Website: craigdavisproperties.com
• Ownership type: Private
• Headquarters: Cary, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 11-50
• LinkedIn: craigdavisproperties

Craig Davis Properties, Inc. (CDP) is a private real estate development firm based in Cary, North Carolina. Founded in 1988 by Craig Davis, the company specializes in multifamily housing, commercial office spaces, and mixed-use developments. With a portfolio that exceeds eight million square feet of developed space, CDP has established a strong presence in the Southeast. The firm is known for its commitment to creating environments that enhance community living and working experiences. CDP's projects often reflect modern lifestyles, integrating amenities that cater to the needs of residents and businesses alike. The company has worked with notable clients, including IBM and GlaxoSmithKline, and continues to expand its footprint with new developments in growing markets. Their recent projects, such as The Lorrel in North Myrtle Beach, showcase their focus on luxury living and community engagement. CDP's approach combines market research with a deep understanding of community needs, positioning them as a relevant player in the real estate development sector.

13. Kane Realty Corporation

• Website: kanerealtycorp.com
• Ownership type: Private
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1978
• Headcount: 51-200
• LinkedIn: kane-realty-corporation

Kane Realty Corporation, based in Raleigh, North Carolina, is a private real estate development and management firm founded in 1978. With a workforce of approximately 194 employees, the company specializes in creating and managing a variety of properties, including commercial spaces, residential units, and mixed-use developments. Their services extend to leasing, construction management, and asset management, catering to both businesses and consumers. Kane Realty has played a pivotal role in the development of district-level spaces in Greater Raleigh, focusing on projects that enhance community living and working environments. Their portfolio features notable developments such as the North Hills Innovation District and the Smoky Hollow project, showcasing their ability to transform urban spaces into vibrant communities. The company is recognized for its commitment to quality and community engagement, making it a significant player in the real estate sector.

14. Baker Residential

• Website: bakerresidential.com
• Ownership type: Family Owned
• Headquarters: Cary, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1966
• Headcount: 11-50
• LinkedIn: baker-residential-lp

Baker Residential is a family-owned homebuilder based in Cary, North Carolina, specializing in the construction of single-family homes and townhomes primarily in the Raleigh area. Established in 1966, the company has built a reputation for delivering quality homes that cater to various lifestyles. Their offerings include a range of home designs and collections, emphasizing modern living and innovative building methods. Baker Residential is committed to providing an exceptional homeownership experience, which is reflected in their recent accolades at the MAME Awards, where they received six awards, including Builder of the Year. This recognition highlights their dedication to quality craftsmanship and customer service, as well as their ability to adapt to changing market dynamics. With a focus on community development, Baker Residential continues to play a significant role in the local real estate market.

15. Grubb Ventures

• Website: grubbventures.com
• Ownership type: Private
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2002
• Headcount: 11-50
• LinkedIn: grubb-ventures-llc

Grubb Ventures is a private real estate development firm based in Raleigh, North Carolina, established in 2002. The company specializes in the development and management of both residential and commercial properties, primarily serving the Greater Triangle area. With a team of approximately 38 employees, Grubb Ventures is dedicated to creating quality living and working environments. Their portfolio includes notable projects like the Residences at Glenwood Place and Raleigh Iron Works, which have garnered industry recognition, including awards for their design and impact. Grubb Ventures actively engages with the community, often announcing new tenants and developments that enhance local business ecosystems. Their focus on quality and community involvement positions them as a relevant player in the real estate development sector.

16. Keystone Homes

• Website: gokeystone.com
• Ownership type: Private
• Headquarters: Greensboro, North Carolina, United States (USA)
• Employee distribution: United States (USA) 89%, Nigeria 11%
• Founded year: 1996
• Headcount: 51-200
• LinkedIn: keystone-homes

Keystone Homes is a private home builder based in Greensboro, North Carolina, with a focus on constructing new single-family homes and luxury townhomes. Established in 1996 by Scott Wallace and Mark Michael, the company has built a solid reputation in the Piedmont Triad area. Keystone Homes prides itself on exceptional quality and unparalleled service, aiming to provide affordable housing solutions that meet the needs of modern buyers. The company offers a range of home designs, including quick move-in options, which cater to various lifestyles and preferences. Keystone Homes has received recognition for its quality craftsmanship, having won awards at local home shows. Their commitment to customer satisfaction is reflected in their approach to home building, ensuring that each home is constructed with care and attention to detail. With a dedicated team and a focus on community development, Keystone Homes continues to play a significant role in the local real estate market.

17. Tribute Companies

• Website: tributecompanies.com
• Ownership type: Family Owned
• Headquarters: Wilmington, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1985
• Headcount: 51-200
• LinkedIn: tribute-companies

Tribute Companies, based in Wilmington, North Carolina, is a family-owned real estate development and property management firm founded in 1985. The company specializes in creating vibrant communities through the development of residential and commercial properties. With a workforce of approximately 97 employees, Tribute has developed, constructed, and managed over 6,000 multi-family units, alongside various commercial and mixed-use properties across regions such as Wilmington, Charlotte, Charleston, and Asheville. Their approach includes a strong commitment to community integration, focusing on the needs of local residents and businesses. Tribute Companies is known for its efforts in renovating historic structures and revitalizing neighborhoods, ensuring that their developments resonate with the local culture and enhance the quality of life for community members. Their dedication to providing remarkable living experiences and supporting local businesses positions them as a significant player in the real estate development industry.

18. Logan Homes

• Website: loganhomes.com
• Ownership type: Private
• Headquarters: Belville, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1986
• Headcount: 51-200
• LinkedIn: logan-homes

Logan Homes, based in Belville, North Carolina, has been a player in the home building industry since 1986. The company specializes in new residential construction, offering a variety of homes across multiple communities in North Carolina, South Carolina, and Georgia. With a workforce of approximately 69 employees, Logan Homes focuses on delivering quality construction paired with modern amenities that appeal to today's homebuyers. Their portfolio includes a range of housing options designed to meet the needs of various demographics, particularly targeting those looking for maintenance-free living and active adult communities. Logan Homes emphasizes energy efficiency and smart design in their homes, which enhances their appeal in a competitive market. Their commitment to customer service and community engagement further solidifies their position in the real estate development sector.

19. JSJ Builders

• Website: jsjbuildersnc.com
• Ownership type: Private
• Headquarters: Fayetteville, North Carolina, United States (USA)
• Employee distribution: United States (USA) 50%, India 50%
• Founded year: 2003
• Headcount: 11-50
• LinkedIn: jsj-builders_nc

JSJ Builders is a home builder located in Fayetteville, North Carolina, with a focus on constructing single-family homes. Established in 2003 by Jay and Nancy Johnson, the company has dedicated itself to creating homes that prioritize client needs and family living. JSJ Builders offers a variety of floor plans and communities, ensuring that each home is designed with thoughtful details that enhance the living experience. Their projects are strategically located in desirable areas across North Carolina, including the Triangle and Fayetteville regions. The company has built a reputation for quality construction and customer service, making it a notable participant in the residential construction market. With a team of approximately 29 employees, JSJ Builders continues to grow and adapt to the evolving demands of homebuyers, providing incentives and tailored options to meet their clients' needs.

20. Terwilliger Pappas Multi-Family Partners

• Website: terwilligerpappas.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2013
• Headcount: 11-50
• LinkedIn: terwilliger-pappas-multi-family-partners

Terwilliger Pappas Multi-Family Partners is a private real estate development firm based in Charlotte, North Carolina, specializing in multifamily residential properties. Established in 2013, the company focuses on creating high-quality apartment communities in strategic markets throughout the Southeast, including Charlotte, Atlanta, Nashville, and Raleigh-Durham. With a dedicated team of professionals, Terwilliger Pappas collaborates with top architects, designers, and construction firms to ensure the delivery of best-in-class living spaces. The firm has successfully completed 25 projects, with a total capital investment of $1.75 billion, showcasing its commitment to excellence in multifamily development. Their approach emphasizes market knowledge and a strong understanding of community needs, which has led to a solid reputation among residents and investors alike.

21. Northwood Ravin

• Website: nwrliving.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2011
• Headcount: 201-500
• LinkedIn: northwood-ravin

Northwood Ravin is a private real estate management and development firm based in Charlotte, North Carolina. Established in 2011, the company specializes in luxury apartment communities, aiming to create vibrant living spaces that cater to individuals and families. Their portfolio includes property management, construction, and community development, reflecting a comprehensive approach to real estate. Northwood Ravin emphasizes high-quality living environments, featuring resort-style amenities that enhance the resident experience. The company has garnered awards for its excellence in property management and community building, showcasing its commitment to quality and innovation in the multifamily housing sector. With a presence in multiple states, including North Carolina, Tennessee, and Florida, Northwood Ravin continues to shape the future of residential living through its thoughtful designs and community-focused initiatives.

22. Faison

• Website: faison.com
• Ownership type: Private
• Headquarters: Charlotte, North Carolina, United States (USA)
• Employee distribution: United States (USA) 67%, India 33%
• Founded year: 1988
• Headcount: 11-50
• LinkedIn: faison

Faison is a private real estate investment firm based in Charlotte, North Carolina, founded in 1988 by Henry J. Faison. The company specializes in commercial real estate across the Southeast, focusing on development, value-add, and core investment opportunities. With a strong legacy that dates back to the 1970s, Faison has invested over $200 million in equity in the last three years alone. They work closely with experienced sponsors to structure partnerships that align interests for long-term success. Faison's portfolio includes a variety of asset classes such as residential, retail, industrial, and mixed-use developments. The firm has a notable philanthropic commitment, having contributed over $12 million to charitable causes since 1999, which underscores their dedication to community engagement. Faison's team consists of seasoned professionals with extensive experience in real estate, further solidifying their position in the industry.

Real Estate Development Insights: Key Companies in North Carolina

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