Summit Development

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96 Old Post Rd
Southport, CT 06890
+1 (203) 354-1500
https://summitdevelopment.com

Summit Development LLC is a privately held, full-service real estate investment, development, and management company based in Southport, Connecticut, with additional offices in Danbury, Chappaqua, and Tavernier, Florida. Founded in 1982 by Felix T. Charney, the company specializes in value-add development and has completed over 100 projects totaling more than 7.5 million square feet across Connecticut, New York, and Florida.

In addition to its development activities, Summit has acquired over $315 million in non-performing bank loans secured by commercial real estate from 2010 to 2019. The company is capitalized by a diverse range of institutional investors, including private equity, hedge funds, and family offices, demonstrating its strong market presence and commitment to delivering sustained value to its partners and tenants.

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