The Commonwealth Companies is a team of highly experienced developers, contractors, designers, and property managers. Since 2001, we have been a leader in innovative real estate development of affordable housing, cost-efficient construction processes, unique architectural design, and state-of-the-art property operations.
At the core of our business is the development of affordable housing. We’re proud of our reputation as a market leader responsible for the creation of over 6,800 affordable housing units across 18 states that known for their features and amenities. When our tenants start calling their rental unit their home, we know we have accomplished our goals.
Commonwealth projects reflect our commitment to communities. The adaptive reuse of existing buildings continues to lead us down the path of an expanding and diversified development portfolio. Reuse of existing buildings provides support and sustainability to existing communities. Our portfolio of adaptively reused buildings encompasses schools, churches, hospitals and factory buildings.
The foundation of our company’s continued success and growth is its employees. We insist on hiring and retaining the absolute best and brightest in every area and actively look for talent to strengthen our team. We’re optimistic about the future and know our exceptional employees, entrepreneurial spirit and commitment to community will continue to open doors to new opportunities.
In 2020, Commonwealth was named the Best Affordable Housing Developer – USA by BUILD. Additionally, in 2020, Commonwealth was ranked the 12th largest affordable developer in the nation by Affordable Housing Finance (AHF) which is determined by experience and portfolio numbers.
Nancy McKenzie, Executive Director , Rhinelander Housing Authority
Commonwealth has been extremely professional and courteous to the staff and the residents still living in our facility. They exceeded our expectations during the construction project as well as during the renovation of a 1923 school. Both projects have turned out to be beautiful and successful for our community.