President & CEO, Stamm Development Group
Michael Stamm entered the real estate business a decade ago, investing in the city of Philadelphia where he was raised. He later relocated to New York City in a corporate role but returned to Philly with the goal of attracting private capital to grow into a full-scale development firm.
“I always had the vision to create Stamm Development Group. Since inception, we’ve grown organically year after year and become one of the most active development firms in the greater Philadelphia area, focusing on ground-up boutique apartment complexes and luxury for-sale homes.
When the pandemic hit, we connected into our national brokerage network established over the last decade and spent a considerable amount of time scoping opportunities throughout Palm Beach County with the goal of inserting our Philadelphia infrastructure into the Florida market on a national scale,” Stamm explains.
He fell in love with Delray Beach and 18 months ago took his capital partners and relationships to the charming town, purchasing land at a very high volume. His goal then was to become the prominent development firm in Delray Beach, and it has now come to fruition with over $250 million in development projects.
“Our product in Delray Beach is the perfect combination of design and craftsmanship coupled with a rare level of hospitality and concierge services from my organization. Our unique and genuine approach has been extremely well received since our launch; our projects have been setting records marks across the board. We are early into our Palm Beach County expansion and look forward to expanding our services for many more years ahead.” says Stamm.
Stamm Development Group
1835 Market St., Ste. 625, Philadelphia, PA 19103
This post is part of the Man Power: Men Who Make It Happen special advertising section from the May/June 2022 issue of Boca magazine. For more like this, click here to subscribe.