Name

Community Three Development

Legal name

Community Three

Website

https://communitythree.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Building Construction (23611), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Senior Living & Assisted Living Facility Construction (IMAFACAJ), Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH)

Keywords

• Real estate development
• Mixed-use developments
• Adaptive reuse projects
• Historic preservation services
• Luxury condominiums

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Sales: Community Three generates revenue through the sale of residential condominiums and apartments, including luxury units (The Adele, Boneval, 10Eleven), boutique buildings (The Fold, The Schafer), and mixed-use developments. They also develop and sell senior living communities (Corso Chevy Chase).
2. Real Estate Leasing: Revenue generated from leasing residential units (Claret, The Thread) and commercial spaces (Grimke School, 1199 North Fairfax) to renters and commercial tenants.
3. Development Management Services: Full-service real estate development services including development management, construction management, marketing and sales/leasing strategy, public process and approvals, and investor relations for development projects.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Community Three Development is a Washington, DC-based full-service real estate developer that creates residential condominiums, boutique apartment buildings, mixed-use developments, senior living communities, and Class A commercial properties. The company specializes in urban mixed-use projects, historic preservation, and adaptive reuse, operating across approximately 30 developments in the Washington Metropolitan Area with 1.3 million square feet of expected deliveries. Its portfolio spans ultra-luxury boutique residences, affordable and mid-market apartments, culturally significant redevelopments, and senior housing, supported by in-house capital (Allyson Capital) and advisory (Wolf Advisory) divisions.

Product overview

Community Three Development is a full-service real estate development company that creates residential, mixed-use, and commercial properties. The company operates a portfolio of named development projects including luxury condominiums (TideLock, The Adele, The Lauren, The Schafer, Boneval), apartment buildings (Claret, The Thread, Modo, Cheltenham, Lumen), historic adaptive reuse projects (Grimke School, Centrie, The Residences at St. Monica's), senior living communities (Corso Chevy Chase), and mixed-use developments (10Eleven, The Fold). The company also provides financing through Allyson Capital and advisory services through Wolf Advisory. Projects span Washington DC, Maryland, and Virginia markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Claret (950) A 127-residence Class-A residential building in the Mount Vernon Triangle neighborhood of Washington, DC, featuring green design elements and a rooftop terrace, offered as for-sale or for-rent residential units.
• The Thread A boutique apartment building in Shaw, Washington DC offering one- to three-bedroom residences with historic architecture and modern design, marketed for residential rental.
• TideLock (The Residences at TideLock) A luxury condominium and multifamily lifestyle community in Old Town North Alexandria, VA, with 234 residential units and panoramic views of the DC skyline.
• 10Eleven A mixed-use development at the intersection of 11th and M Streets, NW in Washington DC, featuring residential and commercial space.
• Grimke School A historic redevelopment project in Washington DC, housing approximately 65,000 square feet of cultural space, arts uses, and loft-style office, including the African American Civil War Museum.
• Boneval A residential development in Capitol Hill, Washington DC with custom finishes and one-bedroom to penthouse suites.
• Corso Chevy Chase A senior living community redevelopment of the former National 4-H Conference Center in Chevy Chase, MD, with 642,000 SF of residences, developed in partnership with Galerie Living.
• The Adele An ultra-luxury boutique building in the 16th Street Historic District of Washington DC with private floor access, concierge service, and smart home technology.
• The Fold A boutique 30-unit condominium building along DC's historic U Street Corridor with modern residences and ground floor retail.
• Modo A contemporary residential building in Petworth, Washington DC with efficient three-bedroom apartments and a first-of-its-kind modified modular construction method.
• Cheltenham A car-free residential building in Bethesda, MD designed for modern, active, and environmentally conscious individuals with sustainable features.
• Lumen A mixed-use development at 14th Street, NW in Washington DC with ground floor commercial uses and modern residential units.
• The Lauren An ultra-luxury boutique building with 32 units in Bethesda, MD featuring private wine lockers, roof terraces, and 24/7 concierge.
• The Schafer A luxury residential conversion of a 1909 mansion in Washington DC, transforming it into individually designed residences.
• Centrie An urban restoration project in Washington DC's central city with residential luxury appointments and commercial space.
• The Residences at St. Monica's A historic preservation and adaptive reuse project in Capitol Hill, Washington DC converting the landmark building into new residences.
• Grosvenor Place A 46-residence infill development in North Bethesda, MD completing the original Master Plan for Grosvenor Park.
• 1199 North Fairfax A Class A office building in Old Town North Alexandria along the Potomac River, part of a larger redevelopment complex, offered for commercial lease.
• Wolf Advisory Real Estate Advisory Services Project-based analysis, solution-oriented consulting, and underwriting support for lenders, investors, and developers, leveraging Community Three's real estate development and investment experience to illuminate risk factors affecting project performance.
• Allyson Capital Real Estate Financing Integrated real estate financing platform offering equity, mezzanine, and debt capital to support Community Three's real estate development projects and external transactions, based in New York, Miami, and DC.

Quantifiable outcome

• 1.3 million square feet of expected deliveries
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and major.

• Wolf AdvisorycoreStrategic or Co-development PartnerWOLF Advisory is Community Three's real estate advisory services division, founded on decades of real world real estate development, investing, and finance experience. Lenders, investors, and developers rely upon WOLF Advisory's project-based analysis and solution-oriented approach. WOLF Advisory illuminates potential risk factors affecting project performance, providing a more holistic and complete underwriting process.
• Galerie LivingmajorStrategic or Co-development PartnerGalerie Living is an Atlanta-based senior housing developer partnering with Community Three on the Corso Chevy Chase project. Together they are transforming the former National 4-H Conference Center into an iconic luxury Senior Living community on a 13-acre site in Chevy Chase, MD.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• EYA: Bethesda, MD-based developer focused on urban townhomes, condominiums, and mixed-use communities in the DC metro area. Directly comparable as a similarly-sized regional developer targeting for-sale residential product in overlapping DC neighborhoods.
• WC Smith: Washington DC-based real estate firm developing and managing residential and mixed-use properties in the DC market. Comparable as a DC-focused residential and mixed-use developer with overlapping product types.
• The Donohoe Companies: Long-established Washington DC real estate developer with residential, multifamily, hotel, and commercial projects across the DC metro. Comparable as a full-service DC-area developer with similar mixed-use and residential portfolio.
• Insight Property Group: DC-based residential and mixed-use developer focused on urban infill, boutique condominiums, and adaptive reuse in Washington DC. Highly comparable given shared DC focus on boutique condo and adaptive reuse product.
• Perseus Realty Capital: DC-area real estate investment and development firm focused on mixed-use and multifamily projects in Washington DC. Comparable given shared DC urban infill and multifamily development focus.

Broad incumbents

• JBG Smith: Large publicly-traded DC-area REIT and developer of mixed-use, multifamily, and office properties across the Washington metro. Comparable as a much larger, established DC-focused mixed-use developer with overlapping product.
• Clark Enterprises: Private DC-based holding company with significant real estate development operations across commercial, residential, and mixed-use assets. Comparable as an established DC real estate developer with broader portfolio.
• The Related Companies: Large national developer of mixed-use, residential, and affordable housing with historic preservation projects. Comparable for mixed-use development scale and historic adaptive reuse expertise.
• Toll Brothers: National luxury homebuilder with a meaningful DC metro presence in for-sale residential, including luxury condominiums and townhomes. Comparable for the luxury for-sale residential segment.
• Federal Realty Investment Trust: Large REIT focused on mixed-use and street-retail developments in DC and other major metros. Comparable for the mixed-use component of Community Three's portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/community-three

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Community Three Development