Caroline Kenney

Urban Atlantic Development LLC is a real estate development, acquisition, finance, and investment services firm that was founded in 1998. The company is based in Bethesda, MD, and was founded in 1998 by Scott Nordheimer, Victoria Davis, Lois Fried. The company is headquartered in the metropolitan area and is a nationally recognized leader in affordable, mixed-income, and workforce residential housing. Urban has established a strong track record of successfully investing and developing in transformational, large-scale, mixed-income TOD communities exceeding 10,000 residential units and three million square-feet of commercial. The firm's portfolio includes over $2 billion in completed real estate developments, and its third-party investments have leveraged an additional $2 billion in real estate developments and operating businesses in emerging markets. The company has developed or has under construction 4,616 units of affordable housing in 33 communities, including 765 senior housing units. Today, its portfolio under asset management includes 3,281 units of affordable housing in 25 communities, including 765 senior housing units.