Stavrou Associates

What Stavrou Associates does

Stavrou Associates, Inc. is a privately held, vertically integrated real estate development firm headquartered in Annapolis, Maryland, operating as developer, general contractor, and owner of multi-family residential properties throughout the Mid-Atlantic region. Founded by N. Stephen Stavrou, the company has developed, constructed, and currently owns more than 4,100 multi-family units across 30+ completed projects, representing over $580 million in cumulative development and construction costs. Its portfolio spans four primary product lines: townhome developments (Fells Crossing, Harbor Square, Cannery Square, Caton Hill Court), 55+ active-adult and senior rental communities (Cameron Grove, Waterford Estates, Chapel Springs, Hammarlee House, River Point, Hampshire Village), family apartment communities (Henson Creek Manor, Largo Center, Croydon Manor), and mixed-income revitalization projects (Windsor Crossing, Overland Gardens, Burgess Mill Station). The company also develops supporting amenity infrastructure such as community centers (Roger Carter Community Center).

The firm's underlying technical capability centers on sustainable construction practices, evidenced by the LEED Platinum certification and USGBC Maryland Wintergreen Award for the Cottages at Greenwood development. Projects incorporate bioretention beds, pervious concrete, staggered stud exterior walls with dense-pack cellulose, stained finished concrete floors, recycled glass countertops, hypo-allergenic landscaping, and universal design elements supporting aging-in-place. Asset management is performed in-house through day-to-day oversight, quality management, and resident services across the retained portfolio.

Revenue is generated through two channels: (1) one-time development and construction fees/margins from real estate development projects, including sale of townhomes, condominiums, and market-rate units to end-buyers, and (2) recurring rental income from retained ownership of senior and family apartment communities. Government and non-profit partnerships (Prince George's Housing Authority, Howard County Government, local civic groups) serve as co-development counterparties for affordable and revitalization projects rather than as revenue customers. The go-to-market motion is direct sales to end-users at on-site sales offices for each development, supplemented by project-specific microsites and government-partnership referral channels.

Name

Stavrou Associates

Legal name

Stavrou Associates, Inc.

Website

https://stavroucommunities.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Stavrou Associates is a privately held, vertically integrated real estate developer, general contractor, and owner of multi-family residential properties in the Mid-Atlantic, with 4,100+ units developed across 30+ projects totaling $580M+ in development costs, serving seniors, families, and mixed-income communities.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Land Subdivision (2372)

SIC

Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

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

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Infrastructure, Housing & Community Development (BPAGABAL)

Keywords

• Multi-family housing development
• Real estate construction
• Senior living communities
• Affordable housing development
• Property asset management

Headquarters

HQ city

Annapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Development: Developing multi-family residential properties for sale or rental, serving as developer, general contractor, and owner of each project.
2. Property Ownership and Asset Management: Long-term ownership of developed properties with day-to-day oversight, quality management, and resident services generating recurring income.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Stavrou Associates is a vertically integrated real estate firm that develops, constructs, and owns multi-family residential properties throughout the mid-Atlantic region. Operating as developer, general contractor, and owner of each project, the company has built more than 4,100 units across 30+ projects, including townhome developments, active adult (55+) communities, family apartment communities, mixed-income revitalizations, and senior apartment complexes, with total development and construction costs exceeding $580 million.

Product overview

Stavrou Associates is a real estate development company that functions as developer, general contractor, and owner across a diversified portfolio of residential projects. The company operates through multiple product lines including townhome developments (Fells Crossing, Harbor Square, Cannery Square, Caton Hill Court), active adult/senior communities (Cameron Grove, Waterford Estates, Chapel Springs, Hammarlee House, River Point, Hampshire Village), family housing (Henson Creek Manor, Largo Center, Croydon Manor), mixed-income revitalizations (Windsor Crossing, Overland Gardens, Burgess Mill Station), and rehabilitation projects (Rainier Manor, Perryman Station, University Landing). Projects are located throughout the Mid-Atlantic region with particular focus on Maryland. The company also develops community center facilities and manages assets with over 4,100 multi-family units developed totaling over $580 million in development and construction costs.

Differentiator

Problem solved

Functional benefit

Products and services

• Fells Crossing
• Harbor Square
• Waterford Estates
• Cameron Grove
• Windsor Crossing
• Cannery Square
• Cottages at Greenwood
• Caton Hill Court
• The Villages at Belle Hill

Quantifiable outcome

• Over 4,100 multi-family units developed, constructed, and owned
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Prince George's Housing AuthoritycoreStrategic or Co-development PartnerStavrou Associates partnered with the Prince George's Housing Authority, a non-profit government entity, to demolish and revitalize a dilapidated apartment complex in Suitland, MD. The result was Windsor Crossing, a three-part intergenerational community.
• Howard County GovernmentcoreStrategic or Co-development PartnerClose partnership with Howard County government required for Cottages at Greenwood development in Howard County, MD. The development required $17 million in development and construction costs.
• Local Non-profit Civic GroupminorStrategic or Co-development PartnerStavrou enlisted the help of a local, non-profit civic group to complete the Overland Gardens project in Landover, MD.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/stavrou-associates

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Stavrou Associates