Gragg Cardona Souadi
Gragg Cardona Souadi is a 1-10 person Washington, D.C. real estate development and community investment firm delivering affordable senior-assisted living, multifamily, and master-planned communities across the D.C. metro, Maryland, and Baltimore through co-development with government, CDFI, and mission-aligned capital partners.
- Company typePrivate
- Founded2000
- HeadquartersWashington, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Gragg Cardona Souadi does
Gragg Cardona Souadi (GCS) is a Washington, D.C.-based real estate development and community investment firm founded in 1998 (per firmographics) or 2000 (per company history), operating a 1-10 person team with a $1.6B+ portfolio of completed and pipeline projects across the D.C. metropolitan region, Maryland, and Baltimore. The firm's core offering is purpose-driven real estate development across three asset classes: senior-assisted living (including memory care), multifamily and commercial, and master-planned communities, with a stated focus on affordable housing serving first responders, teachers, and low-income families. Notable projects include The Residences at Kenilworth Park ($96M, completed 2022), Benning Metro ($98M, under construction), Georgia Avenue ($105M est., pre-development), Fletcher Johnson at The Park (~1,000 units, awarded 2020), and St Elizabeths East Phases I and II.
GCS's business model centers on co-development with strategic, community, and financial partners rather than in-house vertical execution. Revenue is generated through developer fees, project management, and an explicit advisory consulting practice that covers fee development, construction administration, project financing, planning and concept design, value engineering, relocation, and construction execution management. Customer segments are essentially institutional: government anchor partners (HUD, DHCD, DMPED, DGS, WMATA), community development financial institutions (LISC, Enterprise Community Loan Fund, NCRC), mission-aligned capital (Amazon Equity Fund, Emerson Collective, Systima Capital Management), and repeat co-developers (Carding Group, Hallbridge, Donatelli Klein, Redbrick LMD). Core technology is not disclosed in source data; no API, SDK, AI/ML products, or proprietary software platforms are referenced. The firm is privately held with no parent company, no public funding history, and no disclosed headcount beyond the 1-10 range.
Gragg Cardona Souadi firmographics
Firmographics- Name
- Gragg Cardona Souadi
- Legal name
- Gragg Cardona Souadi
- Website
- https://gcscommunities.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Gragg Cardona Souadi is a 1-10 person Washington, D.C. real estate development and community investment firm delivering affordable senior-assisted living, multifamily, and master-planned communities across the D.C. metro, Maryland, and Baltimore through co-development with government, CDFI, and mission-aligned capital partners.
- Ownership category
- akta.pro rank
Gragg Cardona Souadi industry classification
Industry- Product category
- Real Estate Development
- SIC
- General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Residential General Contracting (New Build) (IMAFAAAB)
- akta.pro secondary industries
- Commercial General Contracting (New Build) (IMAFAAAA), Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)
Keywords
Where Gragg Cardona Souadi is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Gragg Cardona Souadi business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D
Distribution channels2 records
Marketing channels2 records
Gragg Cardona Souadi product offering
Product offeringCore offering
Gragg Cardona Souadi (GCS) is a purpose-driven real estate development and community investment firm operating in the Washington, D.C. metropolitan region. The company develops senior-assisted living communities, affordable and mixed-income multifamily housing, and master-planned mixed-use communities through joint ventures with community organizations, financial institutions, and government entities. It also provides consulting and advisory services covering fee development, construction administration, project financing and management, planning and concept design, value engineering, relocation, and regulatory compliance for local and federal government-involved projects.
Product overview
Gragg Cardona Souadi (GCS) is a purpose-driven real estate development and community investment company operating in the Washington, D.C. metropolitan region. The company's portfolio consists of real estate development projects rather than a software product. Their investment offerings span multiple asset classes including Senior-Assisted Living (The Residences at Kenilworth Park, The Residences at Benning Metro, The Residences at Georgia Avenue), Master Planned Communities (Fletcher Johnson at The Park, St Elizabeth Phases I & II), Multifamily/Commercial developments (Bonifant, New Bethany), and completed projects (The Dussan Flats, 2125-2129 Maryland Ave, The Ailantas Cooperative, The Highland Park Apartments, Kenyon Square North Condominiums, The Ellington Apartments, Park Place Apartments). The company also offers consulting and advisory services including fee development, construction administration, project financing and management, planning and concept design, value engineering, relocation, and construction execution management.
Differentiator
Problem solved
Functional benefit
Products and services
- The Residences at Kenilworth Park Senior-assisted living community in Washington, D.C., with 157 apartments; first affordable assisted living community in its ward; created 80+ permanent jobs.
- The Residences at Benning Metro Senior-assisted living community under construction in Ward 7, Washington, D.C., with 156 apartments.
- The Residences at Georgia Avenue Senior-assisted living and memory care community in pre-development in Shepherd Park, D.C., with 180 apartments.
- Fletcher Johnson at The Park Intergenerational master-planned community in Marshall Heights, featuring approximately 1,000 mixed-income apartments, medical uses, 25,000 sq ft of retail, and community civic space.
- St Elizabeth – Phase I Historic conversion project under construction at Congress Heights Metro, including 250 rental apartments (80% affordable to low-income families), 89 for-sale townhomes, and 217,000 sq ft of office space.
- St Elizabeth – Phase II Pre-development phase at Congress Heights Metro featuring a civic square, approximately 380 mixed-income apartments, 200,000 sq ft of Class-A office space, a 150-key hotel, and 56,000 sq ft of permanent retail.
- Bonifant Transit-oriented multifamily mixed-income community in pre-development near Purple Line Metro in Silver Spring, with approximately 140 apartments.
- New Bethany Multifamily development in pre-development in Shaw Neighborhood, Washington, D.C., with approximately 44 apartments located near the Central Business District and Metro.
- The Dussan Flats Affordable housing completed in 2017 in Suitland, Maryland, with 68 rental apartments covered by a HUD Housing Assistance Payment Contract on over 80% of units.
- 2125-2129 Maryland Ave Completed in 2021 in Old Goucher neighborhood, Baltimore, providing 8,400 sq ft of office and retail space for small businesses and local retailers.
- The Ailantas Cooperative Completed in 2019; 8-unit mixed-income condominium conversion at 15th and Harvard Rd. NW, Washington, D.C., for which GCS provided full development management and financing services.
- Consulting Services Project lifecycle consulting services from A to Z, including fee development, construction administration of multifamily investments, project financing and management, planning and concept design, value engineering, relocation, construction execution management, and regulatory compliance for projects involving local and federal government.
Quantifiable outcome
- Created 80+ permanent jobs at Kenilworth Park development
- +3 more outcomes
Companies that use Gragg Cardona Souadi
Customer profileSegments1 record
Ideal customer profiles3 records
Gragg Cardona Souadi technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Gragg Cardona Souadi partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core, flagship and minor.
- Carding GroupcoreDevelopment partner on multiple senior housing and multifamily projects including Kenilworth Park, Benning Metro, Georgia Avenue, Fletcher Johnson, and St Elizabeth developments
- HallbridgecoreDevelopment partner on senior housing projects including Kenilworth Park, Benning Metro, and Georgia Avenue developments
- Affordable Housing PartnerscorePartner on Kenilworth Park senior living development focused on affordable housing creation
- Marshall Heights Community Development OrganizationflagshipCommunity partner on Fletcher Johnson at The Park master-planned community development in Marshall Heights
- DMPED (District of Columbia Deputy Mayor for Planning and Economic Development)flagshipDC government partner on Fletcher Johnson and St Elizabeth mixed-use redevelopment projects
- DGS (District of Columbia Department of General Services)flagshipDC government partner on Fletcher Johnson at The Park development
- Redbrick LMDflagshipDevelopment partner on St Elizabeth East redevelopment phases I and II
- New Bethany Baptist ChurchcoreCommunity and faith-based partner on New Bethany affordable housing development in Shaw neighborhood
- ZED LLCminorDevelopment partner on 2125-2129 Maryland Ave commercial project in Baltimore
- Ailanthus CooperativeminorCooperative partner on The Ailantas Cooperative condominium conversion project
- Mi Casa IncminorDevelopment partner on The Ailantas Cooperative 8-unit mixed-income condominium conversion
- Donatelli KleincoreLong-standing development partner on multiple completed projects including Highland Park, Kenyon Square, and Ellington Apartments
- WMATA (Washington Metropolitan Area Transit Authority)minorTransit authority partner on Ellington Apartments development near U Street metro station
Scale indicators4 records
Recent moves6 records
Expansion highlights8 records
Gragg Cardona Souadi competitors and assessment
Company assessmentDirect peers
- Roadside Development: Washington, D.C. real estate developer with a comparable focus on mixed-use, transit-oriented, and community-oriented projects. Similar geography and project scale to GCS's mid-sized multifamily and master-planned work.
- L+M Development Partners: Affordable and mixed-income housing developer with a mission-driven, public-private partnership model similar to GCS. Operates across multiple East Coast metros and shares focus on senior housing, multifamily, and community development.
- EYA: D.C. metropolitan area residential and mixed-use developer focused on neighborhood-scale, walkable communities. Comparable product type and geography to GCS, though more market-rate oriented versus GCS's affordable/senior focus.
- The Dantes Partners: Washington, D.C.-based affordable housing and community development firm of similar size and mission to GCS. Develops mixed-income, transit-oriented, and senior housing projects across the D.C. region with similar public-private partnership models.
- The Donatelli Development: Long-standing D.C.-area real estate development firm and active GCS partner on multiple projects (Highland Park, Kenyon Square, Ellington). Comparable in scale and mission, both focused on neighborhood-oriented residential and mixed-use development in the D.C. metro.
Broad incumbents
- The Community Builders: National nonprofit developer of affordable and mixed-income housing with a comparable mission-driven, community-development orientation. Operates multifamily and senior housing assets using similar public capital sources.
- Pennrose: National affordable and mixed-income housing developer with comparable product focus on multifamily, senior, and mixed-use communities. Uses similar public-private financing structures and HUD partnerships.
- McCormack Baron Salazar: National affordable housing developer focused on urban, mixed-income, and mixed-use communities. Closely comparable mission, product type, and reliance on HUD/LIHTC-style financing structures.
- Enterprise Community Development: Large, national nonprofit developer of affordable housing and related capital provider. Overlaps with GCS on affordable housing product, senior housing, and CDFI-style capital deployment (Enterprise Community Loan Fund is a GCS partner).
- The NRP Group: National multifamily and affordable housing developer operating at significantly larger scale than GCS. Highly comparable product mix (multifamily, senior, mixed-income) and reliance on LIHTC and government capital.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Gragg Cardona Souadi social profiles
Digital presenceGragg Cardona Souadi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gragg Cardona Souadi leadership team
Management profileNumber of profiles
Gragg Cardona Souadi funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gragg Cardona Souadi M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gragg Cardona Souadi
What does Gragg Cardona Souadi do?
Gragg Cardona Souadi (GCS) is a purpose-driven real estate development and community investment firm operating in the Washington, D.C. metropolitan region. The company develops senior-assisted living communities, affordable and mixed-income multifamily housing, and master-planned mixed-use communities through joint ventures with community organizations, financial institutions, and government entities. It also provides consulting and advisory services covering fee development, construction administration, project financing and management, planning and concept design, value engineering, relocation, and regulatory compliance for local and federal government-involved projects.
Is Gragg Cardona Souadi a public or private company?
Gragg Cardona Souadi is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Gragg Cardona Souadi founded?
Gragg Cardona Souadi was founded in 2000. It employs 1 to 10 people.
Where is Gragg Cardona Souadi based?
Gragg Cardona Souadi is headquartered in Washington, United States, in the North America region.
Who are Gragg Cardona Souadi's main competitors?
Direct peers on record are Roadside Development, L+M Development Partners, EYA, The Dantes Partners and The Donatelli Development. Broad incumbents are The Community Builders, Pennrose, McCormack Baron Salazar, Enterprise Community Development and The NRP Group.
Does Gragg Cardona Souadi have an API?
No public API is recorded for Gragg Cardona Souadi.
What industry is Gragg Cardona Souadi in?
Gragg Cardona Souadi's product category is Real Estate Development. Its primary akta.pro industry code is IMAFAAAB, Residential General Contracting (New Build), with a secondary code of IMAFAAAA, Commercial General Contracting (New Build). Its SIC code is 1520.