New Construction Development

Developing Opportunities Every Day

At the forefront of innovation and impact, our affiliate Banyan Development Group (BDG) is redefining what it means to build communities that matter. Specializing in premier, affordable housing developments, BDG combines deep industry expertise with a passion for sustainability, design excellence, and long-term livability. Backed by AGPM and trusted by municipalities, state agencies, and institutional partners, BDG expertly navigates a broad range of federal, state, and local financing programs to bring transformative housing solutions to life. From concept to completion, every BDG community is thoughtfully crafted to be beautiful, durable, and sustainable—places residents are proud to call home and investors are proud to support.

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Philosophy
& Approach

AGPM and Banyan Development Group's, philosophy is simple: build communities we’re proud to stand behind. Every development is designed to be as attractive and durable as it is functional and efficient—blending smart design with long-term value. We champion sustainable development practices to reduce our environmental impact and foster healthier, more vibrant living spaces for residents and team members alike. Our passionate team of real estate professionals brings deep expertise and fresh innovation to each project, creating high-quality multifamily communities that are cost-effective without compromising on design, quality, or sustainability.

Funding

Since 2017, BDG has procured funding for over 13 different LIHTC (both 9% and SAIL 4%) and HOME developments. BDG / AGPM continue to build a significant pipeline of future new construction developments on existing land owned by AGPM and/or through new land acquisitions.

Strategy

BDG / AGPM's strategy is centered on developing premium-quality affordable housing products throughout Florida and maintaining a long-term hold on the asset. The strategy aims to capitalize on the strong fundamentals that exist within the state of Florida and seeks to provide outsized returns and yields otherwise not available in other markets.