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Lock7 Development is a boutique real estate development firm with over two decades of experience, specializing in townhomes, multifamily buildings, mixed-use properties, and self-storage facilities in Washington, D.C., and North Carolina. The company is dedicated to creating unique and exciting places to live, shop, and work, emphasizing creative design and environmentally friendly building techniques.
Company Overview
Founded in 2007, Lock7 Development began with a modest $50,000 renovation of an existing townhome. Through gradual and steady growth, the firm has developed over $700 million in market value and manages over $100 million in assets. Their geographic reach continues to expand as their passion for building quality properties leads them into new markets.
Core Values
Lock7 Development operates on a foundation of six core values:
- Commitment: Standing by investors, partners, and buyers from conception to completion.
- Community Involvement: Striving to have a positive impact on the neighborhoods where they work.
- Accountability: Conducting business transparently and following through on commitments.
- Excellence: Building with quality, competence, and professionalism.
- Environmental Responsibility: Using sustainable materials and methods where possible to minimize waste and reduce environmental impact.
- Service: Giving back to the community by donating both time and money to local charities and community groups.
Notable Projects
Lock7 Development has an extensive portfolio of projects that showcase their commitment to quality and innovation:
- The Massey: Located at 202 Byrum St, Cary, NC, this project features 17 new construction townhomes.
- Purfoy & Honeycutt: Situated at the intersection of Purfoy Rd and Old Honeycutt Rd, this upcoming mixed-use development is currently open for leasing inquiries.
- Coker Place: At 710 N Estes Drive, Chapel Hill, NC, this forthcoming townhome and condo community is eagerly anticipated.
- 1202 Greenville: Located at 1202 Greenville Hwy, Hendersonville, NC, this project will offer 50 new construction townhomes.
- Durant Towns: Situated at 8700 Wadford Dr, Raleigh, NC, this development features 55 new construction townhomes that are currently available for sale.
- 615 Peace: Located at 615 W Peace St, Raleigh, NC, this 24-unit mixed-use building in the Glenwood South area is now selling.
Leadership Team
The success of Lock7 Development is driven by a dedicated team of professionals:
- David Gorman: Co-Founder and Principal, David oversees the design and construction of development projects.
- Chris Rascher: Controller, Chris has an extensive background in the real estate industry and is a member of the American Institute of Certified Public Accountants.
- Shea Cashen: Director of Development, Shea focuses on multifamily acquisitions in the D.C. area.
- Jordan Fox: Director of Operations, Jordan brings over 10 years of project management experience to the team.
- Erin Crowder: Director of Sales & Marketing, Erin manages sales, marketing, and design for Lock7.
- Eric Mioduski: Acquisitions Associate, Eric supports the team in identifying and acquiring new development opportunities.
- Grace Takesuye: Assistant Project Manager, Grace supports all aspects of the Lock7 team, including construction, sales, and marketing.
Community Engagement
Lock7 Development is committed to having a positive impact on the neighborhoods where they work. They strive to create unique and exciting places to live, shop, and work, with a strong emphasis on creative design and environmentally friendly building techniques.
Investment Opportunities
With a deep knowledge of the real estate market, Lock7 Development consistently delivers quality products in desirable areas. To fund these projects, they often offer investors competitive returns that outpace the stock market and other real estate investments. Interested parties are encouraged to contact the company for more information.
Contact Information
For inquiries, Lock7 Development can be reached at:
- Phone: 202-670-1360
- Fax: 202-379-1772
- Address: 2201 Wisconsin Ave NW #200, Washington, DC 20007
- Email: info@lock7development.com
Lock7 Development’s dedication to quality, innovation, and community involvement has established them as a reputable and forward-thinking firm in the real estate development industry.