Claremont Development is a real estate firm focused primarily on the ground-up development of multifamily, industrial, and mixed-use properties throughout New Jersey. We leverage our in-house expertise and strategic partnerships to navigate all elements of the development and construction process in order to minimize our risks and maximize returns. Our ability to identify, acquire, entitle, design, finance and construct projects has set Claremont apart from other competitors. Our core investment strategy focuses on transit-oriented multi-family development opportunities in strong demographic locations, adaptive re-use projects in underutilized urban downtowns, projects that require substantial environmental remediation efforts and underutilized / off-market properties that can be transitioned into higher density uses.

Claremont Development was formed in 2019 as the next chapter in the evolution of Claremont Construction Group, a multi-generational construction services, and real estate development firm established in 1954. Lead by its principals Richard Sciaretta, Maximilian Dorne, and Jeffrey Bastow, who previously held senior positions at Claremont Construction Group, Claremont Development’s primary mission is to focus on real estate development and investment while strategically leveraging the core competencies of Claremont Construction Group’s construction expertise.

Claremont Development is responsible for over $200 million of ground-up development projects and has a pipeline that exceeds $750 million in project costs.

Claremont Development

Jeff Bastow

This department oversees the strategic allocation of financial resources and manages investment portfolios to maximize returns.

Investment Management

This department oversees the management of operations and the development and construction of industrial projects.

Claremont Development

Org chart

Teams

Investment Management

Operations and Development

Offices