Private Investment Firm

Cleveland Development Advisors

Investment Details

Investor Type
Private Investment Firm

Asset Class Focus
Real Estate

Stage Focus
Growth, Late Stage, Pre-IPO, Buyout, Turnaround, Distressed

Geographical Focus
United States

Industries Focus

  • Financial Services
  • Real Estate

Investor Details Founded: 1989

Cleveland Development Advisors (CDA) is a private investment firm focused on revitalizing the Greater Cleveland community through strategic real estate investments. As an affiliate of the Greater Cleveland Partnership, CDA identifies, positions, and invests in catalytic, strategic, and transformational projects that promote inclusive, thriving neighborhoods and economic growth. Since its inception in 1989, CDA has invested over $550 million in private capital and New Markets Tax Credits across more than 170 projects in Greater Cleveland, resulting in the creation of over 8,000 housing units and 14.3 million square feet of commercial space, generating a total development impact of $4.3 billion. CDA's mission is to promote inclusive and thriving neighborhoods in Northeast Ohio by providing innovative financing solutions and technical assistance to catalytic real estate and business development projects. The firm works in close partnership with public, private, and philanthropic leaders to bring transformative projects to life—unlocking capital, aligning resources, and driving outcomes that matter. CDA's investment strategy focuses on sectors such as real estate and financial services, targeting stages including growth, late stage, pre-IPO, buyout, turnaround, and distressed situations. Their geographical focus is primarily within the United States, with a strong emphasis on the Cleveland area. CDA's portfolio includes a diverse range of projects, contributing to the economic revitalization and growth of the Greater Cleveland community. The firm's approach combines financial investment with technical expertise and specialized tools to advance projects, aiming to prove the market, build wealth, and lead to additional private sector investment. Through its strategic investments, CDA plays a crucial role in shaping the future of Cleveland's neighborhoods and economic landscape.

Requirements
  • Catalytic real estate and business development projects in Cleveland
Contact

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Portfolio Companies
  • Charter Steel Expansion
  • TREO
  • Dave's Market
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