Perseus Realty

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.

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

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

• Real estate investment
• Property acquisitions
• Commercial real estate
• Real estate advisory
• Property asset management

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Core 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

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights3 records

Broad 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

• LinkedInlinkedin.com/company/perseus-realty-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

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 Perseus Realty