What Northfield Construction and Development does

Northfield Construction and Development is a Washington, DC-based residential and mixed-use real estate developer operating primarily in Northern Virginia, with projects also in Maryland and the District. Founded by Nathan Hamman, the firm executes the full development lifecycle — feasibility studies, JVE/SPE structuring, land acquisition, entitlement navigation, engineering and design coordination, construction management, and disposition — for short to medium duration projects, typically on challenging urban infill or suburban parcels in the DC metro area.

The company monetizes through two principal channels: (1) finished lot sales to national homebuilders, which then complete construction and sell to end buyers (Heritage Plaza 67 lots, Vienna Market 38 lots, Huntington Club 200 lots); and (2) direct property disposition of completed townhomes, condominiums, and single-family homes to end buyers (Slade Townhomes, Tuckahoe Mews, Cambridge Place). Revenue per project scales with unit count and local pricing — completed sales prices range from approximately $1M to $1.5M per unit, with aggregate project values reaching tens of millions of dollars.

Northfield runs a deliberately lean operation (1-10 employees) that relies on repeat-investor capital, regional construction-lender partnerships (Sandy Spring Bank, United Bank, John Marshall Bank, Presidential Bank, Eagle Bank), and external contractors (e.g., Bozzuto Construction). The firm is privately held with no institutional investor or parent-company relationships disclosed, and currently has more than 15 projects in its portfolio spanning completed, active, and planned stages, with multiple closings scheduled through 2028.

Name

Northfield Construction and Development

Legal name

Northfield Construction and Development

Website

https://northfielddev.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Northfield Construction and Development is a Washington, DC-based residential and mixed-use real estate developer executing the full development lifecycle for urban and suburban projects in Northern Virginia, Maryland, and DC, selling finished lots to national homebuilders and completed units to end buyers.

Ownership category

akta.pro rank

Product category

Residential and Mixed-Use Real Estate Development

NAICS

Land Subdivision (23721), Residential Building Construction (23611)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

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

akta.pro secondary industries

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL), New Construction & Builder Sales (BPAJAAAB)

Keywords

• Residential real estate development
• Mixed-use development services
• Land acquisition and entitlement
• Construction project management
• Finished lot sales

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Development and Property Sales: Northfield generates revenue through the full development lifecycle of residential and mixed-use properties, including land acquisition, entitlement, construction, and disposition. The company sells completed homes, condominiums, and finished lots to buyers and national homebuilders.
2. Finished Lot Sales to Homebuilders: Northfield develops land and sells finished lots to national homebuilders to complete construction, as seen in Heritage Plaza (67 townhome lots sold to national homebuilder) and Vienna Market (38 condominium townhome lots delivered to national homebuilder).

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Northfield Construction and Development is a Washington, DC-based residential and mixed-use real estate developer that executes the full development lifecycle — land acquisition, planning, entitlement, construction management, and disposition — for urban and suburban projects in Northern Virginia, Maryland, and DC. The company delivers finished lots to national homebuilders and completed homes, condominiums, and townhomes to investors and end buyers, with most projects involving repeat investor relationships.

Product overview

Northfield Construction and Development is a Washington, DC-based residential and mixed-use real estate development company operating in Northern Virginia, Maryland, and DC. The company offers a comprehensive suite of development services including feasibility studies, site evaluation, strategic planning, JVE and SPE structuring, land acquisition, budgeting and scheduling, engineering and design coordination, entitlement process navigation, land development, construction management, and general contracting. Northfield specializes in short to medium duration opportunities and phased real estate development projects with multiple end users. The company's portfolio spans completed projects (801 Virginia Avenue, Slade Townhomes, Tuckahoe Mews, Heritage Plaza), active developments (Vienna Market, Cambridge Place, Waxpool Crossing, Defender Drive, Huntington Club, University Center), and planned projects (Shaw Road, CherryDale, Waples Mills, Anderson Knolls), ranging from single-family homes and townhomes to large-scale mixed-use condominium communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Real Estate Development Services End-to-end residential real estate development encompassing land acquisition, planning, entitlement, construction management, and disposition of property for townhome, condominium, and single-family home projects.
• Mixed-Use Real Estate Development Services Development of urban and suburban projects combining residential and retail components, with expertise in short to medium duration opportunities and phased projects with multiple end users.
• Comprehensive Development Services Full-service development offering including feasibility studies and site evaluation, strategic planning, JVE and SPE structuring, land acquisition, budgeting and scheduling, engineering and design coordination, entitlement process navigation, land development, construction management, and general contracting.
• Finished Lot Sales to National Homebuilders Northfield develops and sells finished, entitled lots to national homebuilders who complete vertical construction, as demonstrated by 67 townhome lots at Heritage Plaza and 38 condominium townhome lots at Vienna Market.

Quantifiable outcome

• Slade Townhomes sold all 18 units at average sales price of $1,000,000 in approximately one year, exceeding market pace
• +2 more outcomes

Named customers7 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

Partnerships

Five partnerships are on record, tiered major, minor and core.

• Bozzuto ConstructionmajorOthersBuilder and developer for the Emblem at Barracks Row project at 801 Virginia Avenue SE. Constructed and sold the 20-unit for-sale condominiums with 3,000 SF of ground-level retail. Northfield identified the purchaser for the project.
• Lessard ArchitecturemajorStrategic or Co-development PartnerArchitecture partner for Tuckahoe Mews project. Collaborated with Northfield to create a special enclave of 3 brand new detached homes that complement the character of the surrounding North Arlington neighborhood.
• IDI Group CompaniesmajorStrategic or Co-development PartnerJoint venture partner for Huntington Club project. IDI acted as Master Developer for the entire project including all entitlements and shared infrastructure efforts, while Northfield serves as managing member of the JV responsible for developing 200 finished lots after acquisition in Landbay A, C, and D adjacent to Huntington Metro station in Fairfax County.
• Webb CompaniesminorOthersOriginal owner from whom Northfield acquired 11 acres as part of the Heritage Plaza redevelopment in Annandale, Virginia.
• Joint Venture with National HomebuilderscoreChannel Partner/ Reseller/ DistributorNorthfield develops finished lots and sells them to national homebuilders who complete construction. This model is used across multiple projects including Vienna Market (38 lots), Heritage Plaza (67 lots), and others. Northfield leads entitlement and development while homebuilders handle construction and sales to end buyers.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Madison Homes: DC-area boutique residential developer focused on infill townhomes and custom homes in DC and Northern Virginia. Closely comparable in scale, product type (urban infill townhomes), and DC metro operating geography.
• The Bozzuto Group: Greenbelt, MD-based residential developer and homebuilder active across the Mid-Atlantic including DC, Maryland, and Northern Virginia. Already partnered with Northfield on Emblem at Barracks Row; comparable in product mix (for-sale and multifamily) and Mid-Atlantic operating geography.
• EYA (now EYA / Millrose Properties): Bethesda-based residential developer specializing in urban infill townhomes and mixed-use communities across the DC metro. Closest direct peer to Northfield given overlapping geography, similar infill townhome product (similar to Slade, Heritage Plaza), and comparable project scale.
• Hoffman & Associates: DC-based residential and mixed-use developer active in Northern Virginia and DC urban infill markets (e.g., The Wharf, National Landing). Directly comparable given shared DC metro focus on mixed-use residential and entitlement-driven urban projects.
• Van Metre Homes: Fairfax, VA-based homebuilder and developer with deep Northern Virginia presence including Loudoun and Fairfax Counties. Comparable as a regional residential developer building townhomes, single-family homes, and condominiums in the same NoVA submarkets Northfield targets.
• Clark Enterprises: Bethesda, MD-based real estate firm with significant DC metro residential and mixed-use development activity (e.g., Tysons, Reston, DC). Direct peer given shared DMV geography and urban/suburban mixed-use focus.
• City Interests: DC-based real estate developer focused on residential and mixed-use urban infill in DC and adjacent markets. Comparable scale and product mix, particularly for infill condominium and townhome projects similar to 801 Virginia Avenue.
• Miller & Smith: McLean, VA-based homebuilder and developer active across Northern Virginia. Comparable as a regional residential developer delivering townhomes and single-family homes in Fairfax, Loudoun, and Arlington Counties — same NoVA submarkets Northfield operates in.
• Stanley Martin Homes: Mid-Atlantic homebuilder (owned by Daiwa House) building townhomes and single-family homes throughout the DC metro including Northern Virginia and Maryland. Comparable in product type, pricing tiers ($700K-$1.5M+), and operating geography.

Broad incumbents

• Toll Brothers: National luxury homebuilder with significant presence in Northern Virginia and Maryland offering townhomes, condominiums, and single-family homes. Broader incumbent that competes with Northfield in the same NoVA/MD submarkets for both lot acquisitions and finished-lot supply relationships.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Northfield Construction and Development