# NEW CENTURY DEVELOPMENT

NEW CENTURY DEVELOPMENT is an Endowment / Foundation based in MCCOMB, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** MCCOMB, United States
- **Address:** MCCOMB, United States
- **Assets under management:** Undisclosed
- **Website:** newcenturydevelopment.com

## Regulatory record

- **Reports private funds:** No

## About

New Century Development is a vertically integrated real estate firm specializing in development, operations, and investment across Southern California. As principal investors, the firm deploys discretionary capital and controls execution in-house, allowing it to move quickly, solve complexity, and close with certainty. The firm invests across three core strategies: value-add multifamily, national-tenant anchored retail, and ground-up development. Its value-add multifamily strategy targets under-improved multifamily assets with operational and physical upside. Its retail strategy focuses on retail centers anchored by credit tenants with durable demand drivers. Its ground-up development strategy centers on well-located projects where hands-on execution and entitlement expertise create value. The firm's Southern California portfolio spans multifamily and retail properties in markets including Long Beach, Perris, Whittier, and Montclair. Notable portfolio assets include Anaheim Villa Apartments, 362 Redondo Ave Apartments, New Majestic Apartments, Mulberry Terrace Apartments, Landmark Drive Apartments, and Montclair Retail (Montclair East).

## Sectors

- Institutional Investor
- Endowment / Foundation
- United States

## Questions

### What are New Century Development's three core investment strategies?

The firm invests across three core strategies in Southern California: value-add multifamily (acquiring under-improved assets with operational and physical upside), national-tenant anchored retail (investing in retail centers anchored by credit tenants with durable demand drivers), and ground-up development (developing well-located projects where hands-on execution and entitlement expertise create value).

### How does New Century Development approach investment execution?

As principal investors, the firm deploys discretionary capital and controls execution in-house, which allows it to move quickly, solve complexity, and close with certainty.

### What markets does New Century Development's portfolio cover?

The firm's Southern California portfolio includes multifamily and retail properties in markets such as Long Beach, Perris, Whittier, and Montclair, California.

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Last updated: 2026-07-13T03:19:06.000Z

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