Hurley Development

What Hurley Development does

Hurley Development, LLC is a Vancouver, Washington-based real estate and investment holdings firm founded in 2009 by Ryan Hurley that operates as a regional mid-market developer across residential, commercial, industrial, and mixed-use assets. The company runs a vertically integrated platform spanning market analysis, land acquisition, entitlement, permitting, design and engineering management, construction management (via sister company Hurley Construction), and in-house property management for residential, commercial, and industrial holdings. Its portfolio includes Class A office condominiums (Hurley Building, TT-5), 107–413,820 SF retail centers (Skyview Station anchored by Trader Joe's, iQ Credit Union, Chipotle, and Black Rock Coffee Bar), 73–186-unit apartment complexes (Adera, Navalia, Arvon with 174 apartments plus 11 townhomes, Kestrel Park with 178 units), and HQ Vancouver — a 107-acre, ~2,000-unit mixed-use master-planned 'smart city' community on the Columbia River that integrates public WiFi, smart parking, electric-powered autonomous vehicles, LEED and Green Globe certification, solar technology, and water recycling.

The firm monetizes development through project-based real estate development fees, recurring property management income on owned assets, construction management in partnership with Hurley Construction, transaction-based value-add repositioning income, and co-investor promote economics with SEC-accredited investors who co-invest alongside the firm. Its GTM is enterprise field sales to accredited investors and direct leasing to commercial and residential tenants, with listings also distributed through LoopNet and partnerships with CRE brokers (e.g., Vessel CRE / Jeff Peterson). Differentiators include LEED-certified builds (with a measured 13.4% energy reduction via Alpen WinSert Plus at 915 Broadway, recognized by Glass Magazine's 2022 Best Green Project), integrated smart-city infrastructure at HQ Vancouver, multi-decade local-market relationships demonstrated by five Vancouver Business Journal Top Projects awards (2015, 2017, 2018, 2019, 2023), and a family-of-companies ecosystem (Hurley Construction, CoLab Coworking as anchor tenant) that limits handoffs and reinforces community goodwill through partnerships such as FISH Vancouver.

Name

Hurley Development

Legal name

Hurley Development, LLC

Website

https://hurleydev.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Hurley Development is a Vancouver, WA-based real estate and investment holdings firm founded in 2009 that develops, manages, and repositions residential, commercial, industrial, and mixed-use properties for accredited co-investors, commercial tenants, and residents across Southwest Washington.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (23721), Residential Building Construction (23611), Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

Keywords

• Commercial real estate development
• Mixed-use developments
• Property management
• Master-planned communities
• Real estate investment

Headquarters

HQ city

Vancouver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development: Full-service real estate development from concept to fully developed properties, including market trends and analysis, pro forma budgets, land acquisition, land entitlement, permitting, design, engineering management, construction management, and lender relationships
2. Property Management: Property management group handles lease-up to operations in residential, commercial, and industrial real estate holdings, including leasing, tenant relations, forecasting, contract services, day-to-day operations and lease compliance
3. Construction Management: Construction division managed in partnership with sister company Hurley Construction, handling ground-up construction, tenant improvements, and remodeling projects
4. Value-Add Repositioning: Acquisition of commercial real estate assets with strategic renovation and capital improvements to raise their value in the marketplace
5. Investor Partnerships: Partnerships with accredited investors who co-invest in development projects, with the company acting as steward of investment and investing its own money alongside partners

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Hurley Development is a full-service real estate development and investment holdings firm that develops, acquires, repositions, and manages commercial, industrial, and multi-family residential properties. Services span market analysis, land acquisition, entitlement, permitting, design, construction management, and ongoing property management, delivered through the company's own team and its sister construction firm.

Product overview

Hurley Development is a real estate development and investment holdings firm that operates as a single-product company focused on developing, acquiring, renovating, and managing commercial and multi-family residential real estate properties. Their portfolio includes mixed-use apartment complexes (Adera Apartments, The Arvon Apartments and Townhomes), Class A office buildings (Hurley Building, TT-5), a master-planned smart city community (HQ Vancouver), retail centers (Skyview Station, Kestrel Commercial), commercial condominiums (Navalia Commercial), and multi-use commercial properties (The PUD Building, Sparks Building). The company also provides property management and construction management services through affiliated companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Adera Apartments A 6-story, 258,281 SF mixed-use apartment complex spanning an entire city block in downtown Vancouver with 186 units, second-floor courtyard amenity, clubhouse, and ground-floor retail space.
• Hurley Building A premium Class A office condominium tower in downtown Vancouver, WA. The six-story building sits on a 0.17-acre lot with approximately 32,500 square feet across six floors, featuring secure garage parking, elevator access, bike storage, and river-facing office space.
• HQ Vancouver A 107-acre vibrant, mixed-use, master planned community on the Columbia River at the gateway to the Gorge. At full buildout, HQ will include approximately 2,000 residential units, retail and restaurants, entertainment, employment space, and open areas, designed as a fully integrated smart micro-city.
• Navalia Commercial A ground-floor commercial condominium within the Navalia Apartments building at 1600 Washington Street in downtown Vancouver. The commercial portion includes approximately 7,592 square feet of retail space spread across four suites.
• The PUD Building A multi-use commercial property along the Columbia River waterfront at 100 & 102 SE Columbia Way in Vancouver, WA. The building includes leasable office, garage, and storage spaces across multiple levels totaling more than 6,000 SF of functional space.
• The Arvon Apartments and Townhomes

Quantifiable outcome

• 13.4% reduction in building energy use after window retrofit (915 Broadway project)
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Hurley ConstructioncoreOEM/ Whitelabel/ Licensing PartnerSister company and construction division partner that manages a wide array of construction projects from ground-up construction to tenant improvements and remodeling. Works in partnership with Hurley Development on all construction projects.
• CoLab CoworkingcoreStrategic or Co-development PartnerAnchor tenant at TT-5 (915 Broadway) building, transforming the property into a vibrant coworking hub with community, flexibility, and modern amenities in Vancouver's urban core.
• FISH VancouverminorStrategic or Co-development PartnerLocal food pantry organization that provides fresh produce, staples, dairy, meat and other healthy foods to families in Clark County. Hurley Development contributed $60,000 to help establish a mobile food pantry and employees volunteer regularly.
• LSW ArchitectsminorImplementation/ SI/ Consulting PartnerArchitecture firm that contributed $6,000 covering operational costs for the FISH Vancouver mobile food pantry project.
• Talents Construction, LLCcoreImplementation/ SI/ Consulting PartnerGeneral contractor for various Hurley Development projects including the Adera apartment complex.
• SRG PartnerscoreImplementation/ SI/ Consulting PartnerUrban design firm responsible for unique approach to landscape architecture and urban design at HQ Vancouver project.
• Place Design StudiocoreImplementation/ SI/ Consulting PartnerDesign studio partner for HQ Vancouver project focused on creating sustainable, pedestrian-friendly urban environment.
• Riff CreativeminorImplementation/ SI/ Consulting PartnerVolunteered to design the mobile food pantry for FISH Vancouver partnership initiative.
• Specialty Graphic SolutionsminorImplementation/ SI/ Consulting PartnerVolunteered to design the mobile food pantry for FISH Vancouver partnership initiative.
• Crossroads Community ChurchminorStrategic or Co-development PartnerContributed $15,000 to the FISH Vancouver mobile food pantry project as part of community giving initiative.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Killian Pacific: A Vancouver, WA-based commercial real estate developer and investor active across the SW Washington / Portland metro with mixed-use, office, and industrial projects — directly comparable in geography, scale, and product mix to Hurley Development.
• Gramor Development: A Washington-state mixed-use master-planned community developer (e.g., Vancouver Waterfront, Tillamook Row) focused on public-private partnerships and urban infill — closely aligned with Hurley's downtown Vancouver and HQ Vancouver mixed-use activities.

Broad incumbents

• Holland Partner Group: A large, established Pacific Northwest-based multifamily developer and operator with significant Vancouver/Portland and Seattle exposure — same product type (mid-rise and high-density multifamily) and overlapping geographic market, but at materially greater scale.
• Vulcan Real Estate: Paul Allen's real estate arm, a major Pacific Northwest landowner and developer of large mixed-use master-planned communities (e.g., South Lake Union) — directly comparable in producing large master-planned PNW developments, but at vastly greater scale.
• Shea Properties: Diversified national developer of mixed-use, multifamily, and commercial communities across the Western U.S. — comparable product mix (apartments, retail, mixed-use) with overlapping West Coast presence, at significantly larger scale and capitalization than Hurley.
• Trammell Crow Company: One of the largest U.S. commercial real estate developers, operating multifamily, office, retail, and mixed-use projects nationally — overlapping multifamily/mixed-use product category but at fundamentally greater scale, capital, and geographic reach.

Emerging players

• The Wolff Company: A Pacific Northwest-focused multifamily developer active across Washington and Oregon — overlapping product type and geography, though primarily focused on multifamily rather than the broader mixed-use master-planned community scope that anchors Hurley's HQ Vancouver project.

Regional players

• Birtcher Anderson & Reed: An Irvine/San Diego-area based real estate investment and development firm focused on mixed-use, multifamily, and commercial — comparable integrated development + property management + construction capabilities model, though primarily serving Southern California markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hurleydevelopment
• LinkedInlinkedin.com/company/hurley-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hurley Development