Perseus Realty
Perseus Realty is a Washington, DC-based real estate investment and development firm founded in 2004 that identifies value-accretive opportunities for buyers, tenants, and capital partners, and operates in partnership with Transwestern Development Company on U.S. commercial real estate projects.
- Company typePrivate
- Founded1977
- HeadquartersWashington, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Perseus Realty does
Perseus Realty, LLC is a Washington, DC-based real estate investment and development firm founded in 2004 that identifies and creates value across competitive U.S. real estate markets, serving buyers, tenants, and capital partners. The company operates with a small team (11–50 employees) under Co-Founder, CEO and President Robert Cohen, with John Schwieters serving as principal. Perseus's own website describes its core function as discovering value in today's competitive real estate market and creating benefits for buyers and tenants.
Perseus maintains a strategically significant relationship with Transwestern Development Company, a Houston-based commercial real estate developer operating as part of Transwestern's privately held platform. This relationship was formalized via a 2017 Transwestern investment in Perseus and is operationally evidenced by co-branded development activity, including "The Foundry," shown on Transwestern's website with Perseus-TDC branding. Through this relationship, Perseus gains exposure to Transwestern's claimed $10B project pipeline spanning Southwest, Southeast, and West Coast U.S. markets, and to a multi-product-type development platform covering multi-family residential (e.g., Southtown Flats), mixed-use (Vela), industrial distribution (West Ten Distribution Center, TDC Fontana One), and retail (The RO Retail).
The firm's business model is centered on real estate investment, opportunistic acquisition, and value-add development, monetized through a mix of investment returns, development fees, and co-developer economics with strategic capital partners. Pricing, AUM, fee structures, and deal-level economics are not publicly disclosed, and the firm operates as a private, for-profit entity with no public filings or reported funding outside the 2017 Transwestern-related investment.
Perseus Realty firmographics
Firmographics- Name
- Perseus Realty
- Legal name
- Transwestern Development Company
- Website
- https://perseusrealty.com
- Company type
- Private
- Founded year
- 1977
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Perseus Realty is a Washington, DC-based real estate investment and development firm founded in 2004 that identifies value-accretive opportunities for buyers, tenants, and capital partners, and operates in partnership with Transwestern Development Company on U.S. commercial real estate projects.
- Ownership category
- akta.pro rank
Perseus Realty industry classification
Industry- Product category
- Real Estate Services
- NAICS
- Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Real Estate Tenant Representation (FSAEAJAF)
- akta.pro secondary industry
- Real Estate Buyer Representation (FSAEAJAG)
Keywords
Where Perseus Realty is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Markets served
Perseus Realty business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Perseus Realty product offering
Product offeringCore offering
Perseus Realty, LLC is a real estate firm that focuses on identifying and creating value in competitive real estate markets, generating benefits for buyers and tenants. The company operates with a small team and is associated with the broader Transwestern real estate platform through a 2017 investment.
Product overview
Transwestern Development Company is a commercial real estate development firm that delivers real estate solutions unlocking long-term value. The company operates as part of Transwestern's privately held, people-powered platform, moving from concept to completion with strategic intelligence, accurate underwriting, and disciplined execution. The portfolio consists of individual commercial real estate development projects across multiple product types and markets, including multi-family residential (Southtown Flats), mixed-use (Vela), industrial distribution (West Ten Distribution Center, TDC Fontana One), and retail (The RO Retail).
Differentiator
Problem solved
Functional benefit
Companies that use Perseus Realty
Customer profileIdeal customer profiles1 record
Perseus Realty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Perseus Realty partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights3 records
Perseus Realty competitors and assessment
Company assessmentBroad incumbents
- CBRE Group: Broad incumbent: Global #1 CRE services firm with occupier-rep, capital-markets and asset-services. Overlaps Perseus's buyer/tenant-rep activity, but as part of a much broader institutional platform; competes for the same DC mandates at scale.
- Cushman & Wakefield: Broad incumbent: Global CRE advisory firm with strong occupier-rep practice serving corporate and investor clients in major US metros including DC. Same product category and customer segment as Perseus.
- JLL: Broad incumbent: Global CRE services firm offering tenant representation, capital markets and project & development services alongside the legacy Cresa occupier-rep franchise. Competes head-to-head with Perseus for occupier mandates.
- Newmark Group: Broad incumbent: Full-service CRE services firm growing in occupier representation and capital markets post-Endeavor acquisition. Active in DC and offers overlapping services to Perseus.
- Colliers International: Broad incumbent: Global CRE services and investment management firm with occupier services including tenant representation. Same product/customer overlap as Perseus, especially for mid-market occupier mandates.
- Savills North America: Broad incumbent: Global real estate advisory firm with occupier services and capital markets across major US metros including DC. Comparable offering set to Perseus, though at much larger scale.
Direct peers
- Avison Young: Directly comparable: Mid-sized private commercial real estate advisory/brokerage with occupier and investor services across North America. Closely mirrors Perseus's boutique-to-mid-market position and full-service advisory model.
- Cresa: Directly comparable: Cresa is the largest occupier-only tenant-rep firm in the US — a pure-play buyer/tenant-rep advisor with a DC presence. The same buyer/tenant-rep value proposition described in Perseus's positioning mirrors Cresa's go-to-market.
- Transwestern: Directly comparable: Transwestern is a privately held CRE services platform with brokerage, development and capital-markets capabilities across TX, AZ and CA. Perseus's recorded investor and joint-venture partner (e.g., The-Foundry_Perseus-TDC), making it the closest functional peer and platform extension.
- Mohr Partners: Directly comparable: US-based corporate real estate advisory firm with strong focus on tenant/buyer representation and corporate portfolio services. Closely aligned to Perseus's buyer/tenant-rep value proposition and mid-sized boutique structure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights4 records
Customer concentration
Perseus Realty social profiles
Digital presencePerseus Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
Perseus Realty leadership team
Management profileNumber of profiles
Profiles2 records
Perseus Realty funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Perseus Realty 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 Perseus Realty
What does Perseus Realty do?
Perseus Realty, LLC is a real estate firm that focuses on identifying and creating value in competitive real estate markets, generating benefits for buyers and tenants. The company operates with a small team and is associated with the broader Transwestern real estate platform through a 2017 investment.
Is Perseus Realty a public or private company?
Perseus Realty is a private company. It is classified as venture growth investor backed and is currently operating.
When was Perseus Realty founded?
Perseus Realty was founded in 1977. It employs 11 to 50 people.
Where is Perseus Realty based?
Perseus Realty is headquartered in Washington, United States, in the North America region.
Who are Perseus Realty's main competitors?
Broad incumbents on record are CBRE Group, Cushman & Wakefield, JLL, Newmark Group, Colliers International and Savills North America. Direct peers are Avison Young, Cresa, Transwestern and Mohr Partners.
Does Perseus Realty have an API?
No public API is recorded for Perseus Realty.
What industry is Perseus Realty in?
Perseus Realty's product category is Real Estate Services. Its primary akta.pro industry code is FSAEAJAF, Real Estate Tenant Representation, with a secondary code of FSAEAJAG, Real Estate Buyer Representation. Its NAICS code is 53121 and its SIC code is 6531.