Transforming neighborhoods, building communities

The Girard at East Market
Philadelphia, PA
Property Type: Residential

Our development subsidiary, National Real Estate Development, LLC, transforms communities through development and redevelopment projects in major U.S. cities

From residential, workspaces, and retail to industrial spaces and hotels, National Development seeks to make communities more connected, sustainable, vibrant, and prosperous. With offices in Los Angeles and Philadelphia, our collaborative team develops and manages its own projects—as well as provides technical expertise and oversight of joint venture developments.


Past and current projects under development

National Development was founded

Estimated cost of development projects since 2000*

Percentage of National Development’s portfolio that has achieved LEED and/or Energy Star certification*

Number of employees at National Development

Since 06/30/2023

National Real Estate Development, LLC is a subsidiary of National Real Estate Advisors, LLC and was established in June 2013 to offer a full spectrum of development related services as well as consulting and advisory services to investors, joint venture partners, and developers, and to provide technical expertise and project oversight capabilities. National commenced operations on January 1, 2010. National was the result of a spin-out of an internal division of the NEBF. Substantially all personnel, including all senior management, transitioned from NEBF Real Estate to National. National calculates historical development costs internally based on hard cost information generally provided by partners, borrowers, developers, or general contractors.

*Additional details regarding property level and development assets may be provided upon request.