National affordable housing developer Standard Communities has extended its principal offices to New York, Los Angeles, Washington D.C., Miami and Nashville. The business’s staff has grown to around 90 employees since 2021.
Since 2021, Standard Communities’ portfolio of residential units has increased by over 10,000 units – now totaling nearly 19,000 – while the total value of their portfolio surged from $2 billion to approximately $4.4 billion in the same time frame.
Scott Alter – co-founder and principal of Standard Communities – commented on this expansion: “Our investment in new and updated office spaces is really an investment in our people and the work they do; we believe that in-person collaboration provides significant value which is crucial for fostering effective teamwork as well as achieving ambitious goals.”
