In 1995, Ken Burnham, George DeGraca, and Jim Martin founded KDM Development. Their Business Plan was to buy, renovate, stabilize, and operate industry leading Manufactured Housing Communities. Over the last three decades, the trio has transacted on over $1,000,000,000.00 in Manufactured Housing Real Estate, with upwards of 12,000 Units Under Management at one time, making KDM one of the industry’s largest players at its peak.
Currently, KDM and its affiliated entities own and operate roughly thirty properties across more than a dozen states. In more recent years, KDM has pivoted to establish itself in the Class A Multifamily Development Industry. In 2021, KDM Development set Multifamily Asset Transaction Records in the Raleigh-Durham Triangle when it dispossessed of its 460 Unit Luxury Apartment Complex.
KDM Development is now presently overseeing one of the largest Multifamily Development Pipelines in the region with over $500M in New Assets Under Construction. This pipeline is overseen by its local Development Lead and Principal Kenyon Burnham, Vice President Peter Crossett, and Head of Construction Charles Hassinger.