Astraea Development
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    • About Astraea
    • Current Projects
    • About the Founder
    • Contact
Astraea Development
  • Home
  • About Astraea
  • Current Projects
  • About the Founder
  • Contact

About Astraea Development

Our Mission

At Astraea Development, we are dedicated to creating vibrant and sustainable communities that embody the principles of justices and precision. We strive to develop properties that not only meet the highest standards of quality and craftsmanship but also contribute positively to the well-being of residents and the environment. Guided by our commitment to fairness and integrity, we aim to build lasting legacies that reflect the balance and harmony symbolized by our namesake. 

Our Vision

We envision a future where our development projects become shining examples of excellence, efficiency and innovation in the real estate industry. We look to lead the way towards a new Age of small, urban development, where every project aligns with the ideals of justice, sustainability, and community well-being. Our goal is to be a trusted guardian of progress, ensuring that each creation is a beacon of hope, purity, and balance for generations to come.

Our Superpowers

Real Estate Development

Renovation & Construction

Real Estate Development

Ground-up multifamily, adaptive reuse, and infill housing with a focus on community revitalization and long-term neighborhood growth.

Project Management

Renovation & Construction

Real Estate Development

Oversight from pre-development through lease-up including budgeting, permitting, construction management, and stakeholder coordination.

Renovation & Construction

Renovation & Construction

Renovation & Construction

Hands-on experience in small- and mid-scale property rehabilitation, with expertise in managing contractors and design professionals.

Property Management

Affordable & Workforce Housing

Renovation & Construction

Self-management of diverse rental portfolios with a focus on tenant retention, compliance, and operational efficiency.

Affordable & Workforce Housing

Affordable & Workforce Housing

Affordable & Workforce Housing

Development of inclusive housing solutions leveraging market-rate, voucher-based, and grant-supported models.

Investor & Partner Relations

Affordable & Workforce Housing

Affordable & Workforce Housing

Structuring equity, debt, and public/private capital stacks to fund real estate projects; collaboration with architects, engineers, legal counsel, and public agencies.

Previous Projects

Properties Purchased, Renovated & Rented

  • Raymond St, Maple Hts, OH 44137 | 07/2012
    • Acquisition cost $7,000, Renovation expense $18,000, ARV~ $50,000
  • Raymond St, Maple Hts, OH 44137 | 11/2012
    • Acquisition cost $3,000, Renovation expense $22,000, ARV~ $50,000
  • Mapleboro Ave, Maple Hts, OH 44137 | 07/2015
    • Acquisition cost $21,800, Renovation expense $10,000, ARV~ $60,000
  • Brunswick Ave, Maple Hts, OH 44137 | 09/2015
    • Acquisition cost $16,000, Renovation expense $18,000, ARV~ $60,000 
  • Tokay Ave, Maple Hts, OH 44137 | 07/2015
    • Acquisition cost $3,500, Renovation expense $15,000, ARV~ $60,000

Properties Purchased, Renovated & Rented for Client

  • Hansen Rd, Maple Hts, OH 44137 (2015)
  • Beechwood Ave, Maple Hts, OH 44137 (2016)

Property Renovated for Client

  • Oakwood Village, OH 44146 – Finished Basement (2016)
  • E. 84th St, Cleveland, OH 44103 – Full House (2019) 

Properties Purchased, Renovated & Sold

  • Maple Hts Blvd, Maple Hts, OH 44137 (2017)
    • Acquisition $17k, Renovation $25k, Sold $70k 
  • Langton Ave, Garfield Hts, OH 44125 (2018)
    • Acquisition $20k, Renovation $21k, Sold $93k 
  • Mapleboro, Ave, Maple Hts, OH 44137 (2019)
    • Acquisition $29k, Renovation $39k, Sold $96
  • E. 130th St, Cleveland, OH 44120 (2022)
    • Acquisition $10k, Renovation $25k, Sold $75k
  • Wheelock Rd, Cleveland, OH 44103
    • Acquisition $30k, Renovations $32k, Sold $105k (2023)
  • Gooding Ave, Cleveland, OH 44108
    • Acquisition $18k, Renovation $42k, Sold $130k (2023)
  • Comstock Rd, Bedford Hts, OH 44146
    • $25k renovation budget, Sold $260k (2023)
  • Ashbury Ave, Cleveland, OH 44106
    • Acquired $80k, Renovations $75k, 
    • Currently renting to college students (2023-2025)
  •  Wheelock Rd, Cleveland, OH 44103
    • Acquisition $40k, Renovation $30k, Sold $165k (2025)
  • Nelson Ave, Cleveland, OH 44105
    • Acquisition $10k, Renovation Budget $40k
    • WIP estimated to sale for $150k (2024-2025) 

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