NewCastle Development Group (formerly Castle Development Partners) is a real estate development firm focused exclusively on the creation of Class A multifamily rental communities in the Eastern United States.
We specialize in the development and acquisition of upscale Class A apartment communities in the Mid-Atlantic, specifically Virginia, North Carolina and Maryland. The foundation of our business is extreme project selectivity—only pursuing the best available properties in strategically selected markets. We combine this hyper-diligence with extensive multifamily experience and a wide range of industry competencies to create the best apartment communities for both our tenants and investors.
The principals of NewCastle have more than 30 years of experience developing, owning and operating apartment communities. NewCastle and its principals have been responsible for the development of more than 6,000 apartment units and currently hold controlling General Partner and Managing Membership interests in more than 3,000 apartment units.
