Rudd Development

What Rudd Development does

Rudd Development is a family-owned design-build general contractor and architectural firm headquartered in Seattle, WA, operating since 1994 under two legal entities: Rudd Development Co Inc (residential property management, real estate development, and design services) and Rudd Construction LLC (general contracting and construction services). The company provides an integrated suite of residential development services combining architectural planning, construction management, and property management under one organizational roof, targeting individual home buyers, residential renters, and property investors across Seattle's urban neighborhoods.

Core products include custom-built single-family homes, rowhouses, townhomes, cottages, and multifamily apartments spanning at least 15 completed or active projects across nine Seattle neighborhoods (North Beacon Hill, Eastlake, Othello, Black Diamond, Fremont, Capitol Hill, Beacon Hill, and others). Active rental properties include Franklin Station Apartments, Waterway Building, Denny 18 Apartments, Holgate 12 Apartments, and Orchard Street Cottages, marketed through the separate Rudd Properties rental platform. The company's proprietary technology consists of an integrated design-build workflow; third-party AppFolio software supports property management operations including tenant screening, lease management, and maintenance tracking.

Revenue derives from four streams: one-time home sale proceeds from for-sale developments, recurring rental income from managed multifamily properties, property management service fees, and general contracting/construction service revenue. Distribution occurs through direct sales via property-specific landing pages, the Rudd Properties rental platform, listing agent partnerships (Array Real Estate), and preferred lender referral relationships (NFM Lending). Operations are confined to the Seattle metropolitan area under Washington State contractor license #CCRUDDCCL848L7.

Name

Rudd Development

Legal name

Rudd Development Co Inc

Website

https://rudddevelopment.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Rudd Development is a family-owned Seattle design-build firm that develops, builds, and manages custom homes, cottages, townhomes, and multifamily apartments across Seattle neighborhoods, serving individual buyers, renters, and property investors.

Ownership category

akta.pro rank

Product category

Residential Construction & Property Management

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115), Residential Building Construction (23611)

SIC

Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Apartment Buildings (6513)

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), Single-Family Home Construction (Detached Homes) (IMAFABAA), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential construction
• Design-build services
• Property management
• Custom home building
• Multifamily development

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Custom Home Building & Development: Design-build services for residential and multifamily projects including rowhouses, townhomes, cottages, and single-family homes. Revenue generated from property sales to buyers upon completion.
2. Apartment Rental Income: Property management of multifamily apartments generates recurring rental income. Properties include Franklin Station Apartments, Waterway Building, Denny 18 Apartments, and Holgate 12 Apartments.
3. Property Management Services: Professional property management services including in-house maintenance team for managed rental properties. Ongoing service fees from property owners and landlords.
4. Construction & Contracting Services: General contracting services for custom home building, renovations, and additions. Revenue from construction contracts with clients.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Rudd Development is a family-owned design-build general contractor and architectural firm that develops, builds, and manages residential properties in Seattle. It offers integrated services spanning architectural planning, custom home construction (cottages, rowhouses, townhomes, single-family homes), multifamily apartment development, and ongoing property management with in-house maintenance. The firm sells homes directly to buyers and operates rental apartments through its Rudd Properties platform.

Product overview

Rudd Development is a family-owned design-build general contractor and architectural firm offering an integrated suite of residential development services. The core offering is Design-Build Services combining architectural planning, construction management, and property management under one roof. The company develops and builds multiple product types including single-family homes, rowhouses, townhomes, cottages, and multifamily apartments. Active rental properties include Franklin Station Apartments (Eastlake), Waterway Building (Fremont), Denny 18 Apartments (Capitol Hill), Holgate 12 Apartments (Beacon Hill), and Orchard Street Cottages (Othello). Completed/sold-out projects include Lander Street Cottages, Walker Street Cottages, Eastown Lofts, The Towns at Ten Trails, Bright Street Rowhouses, Evanston Rowhouses, Alki Townhomes, Fauntleroy Townhomes, Madison Valley Single Family, Mount Baker Single Family, and Northgate Single Family. Post-construction services include property management and service & repair offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Design-Build Services Full-service design-build offering combining architectural planning, construction management, and property management under one roof. Includes entitlement assistance, permitting, and construction for residential and multifamily projects. Intended for home buyers, property investors, and landowners in Seattle.
• Custom Home Building Premier residential construction of single-family homes, rowhouses, townhomes, and cottage-style homes across Seattle neighborhoods. Intended for individual home buyers and families seeking new construction in urban Seattle neighborhoods.
• Franklin Station Apartments Multifamily apartment community in Seattle's Eastlake neighborhood, available for rent. Intended for residential tenants seeking professionally managed rental housing.
• Waterway Building Multifamily apartment property in Seattle's Fremont neighborhood, managed and operated as rental housing. Intended for residential tenants.
• Denny 18 Apartments Multifamily apartment community on Capitol Hill in Seattle, managed and operated as rental housing. Intended for residential tenants.
• Holgate 12 Apartments Multifamily apartment community in Seattle's Beacon Hill neighborhood, managed and operated as rental housing. Intended for residential tenants.
• Orchard Street Cottages Cottage homes for rent in Seattle's Othello neighborhood. Intended for residential tenants seeking cottage-style rental housing.
• Lander Street Cottages New cottage homes for ownership in Seattle's North Beacon Hill neighborhood near the Beacon Hill Light Rail Station, featuring modern finishes and energy-efficient systems. Intended for individual home buyers.
• Property Management In-house property management and maintenance services for professionally managed rentals, covering ongoing property management and repairs for residential tenants and property owners.
• Service & Repair Handyman services including general repairs, preventative maintenance, punchlist work, listing preparation, and inspection reports. Intended for property owners and tenants of managed properties.

Named customers3 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

Two partnerships are on record, tiered minor.

• NFM Lending (Trevor Bennett)minorChannel Partner/ Reseller/ DistributorPreferred lender partner for Walker Street Cottages project. Trevor Bennett at NFM Lending serves as the designated preferred mortgage lender, referring qualified buyers who need financing to complete home purchases. Relationship supports buyer transactions for Rudd Development home sales.
• Array Real Estate (Michael Espada)minorChannel Partner/ Reseller/ DistributorListing agent partnership for Lander Street Cottages development. Michael Espada at Array Real Estate serves as the listing agent, marketing homes and representing Rudd Development in sales transactions. Agent handles buyer coordination and transaction management for the project.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rudd-development

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 Rudd Development