C1 Development is a multifamily development platform that focuses on delivering high-quality, affordable housing to middle income renters and student housing at Tier 1 public universities. C1 is an affiliated company to Virtus Real Estate Capital, a private equity real estate fund manager focused on recession-resilient sectors such as workforce housing, student housing, self-storage, senior living, medical office, and education-related properties. 

C1 has two primary strategies: direct development and co-development. For direct development, C1 is focused on building 200-400 unit projects in growth markets that are affordable to renters making less than 80% of the Area Median Income. C1 also builds 500 – 1,000-bed student housing properties that are either pedestrian to campus (hi-rise/mid-rise) or within close proximity to campus (garden or cottage-style). For co-development, C1 is seeking developers looking for help with the development process, a capital partner to help with predevelopment capital, a balance sheet for loan and completion guarantees, GP capital, and/or a majority LP capital partner in either of our development strategies.

C1 Development

David J. Helfrich

This department oversees the strategic direction and management of development initiatives within the organization.

C1 Development

Org chart

Teams

Development Leadership

Offices

C1 Development

Org chart

Teams

Development Leadership

Offices

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