Strong Market Presence St. Mary Development Corporation has a proven track record of creating over 80 affordable apartment communities with more than 6,200 units, primarily serving low-income and senior populations. This extensive portfolio highlights their ongoing demand for affordable housing solutions and potential for expansion or partnership opportunities.

Recent Asset Transitions The sale of assets to National Church Residences in 2017 indicates a strategic shift or opportunity for collaboration within the affordable housing sector. Engaging with current and former partners could open avenues for joint development projects or property management services.

Recognition and Awards Receiving the 2023 William J. Graves Award for Housing Excellence showcases their commitment to quality affordable housing. This reputation positions them as a credible partner for organizations seeking to improve or expand senior living and affordable housing initiatives.

Partnership Development Collaborations like the recent joint development with Oberer Development Company demonstrate open opportunities for joint ventures, especially in developing senior residential communities targeting growing demographic segments.

Financial Stability With annual revenues estimated between 50 million and 100 million dollars, St. Mary Development Corporation possesses the financial capacity to invest in new projects, adopt innovative housing technologies, or upgrade existing properties, making them a viable partner for various housing development solutions.