Zenith Development
We are a boutique and fully integrated real estate development company who focuses on master planned communities, workforce housing, commercial construction, land development, assisted living, and property management.
Land Development
Commercial Building Development
Townhouse and Residential Delopment
Zenith Development is a privately owned, Utah based full service real estate development and investment company. We focus on residential and commercial properties, targeting assets in established communities with proven long-term demand drivers. Our investment strategy is to acquire, entitle, build, manage, and sell for cash flow and appreciation. Our mission is to create dynamic residential, multifamily, and mixed-use developments that provide positive fiscal impacts to neighborhood communities, while utilizing designs to incorporate green building practices and sustainable materials.
Zenith’s executive group has over 80 years of combined experience in Utah real estate development, specializing in acquisition, land planning, entitlement, construction, operations and sales and marketing. The Zenith core management team has sponsored on behalf of institutional and private investors, the investment, development and management of over $4 billion in real estate assets.
Invest alongside experienced developers
Zenith was founded by Charles Akerlow and Matt Smock on the prevailing principles of price strategy, product quality, and timely delivery. The two of them have developed over 10,000 residential lots, hotels, apartments, office buildings and townhomes throughout Utah, Arizona, Nevada, and Idaho.
Acquisition Focus
Zenith has current and proposed assisted living, townhome, residential, commercial, mixed-use and land development transactions situated in Salt Lake, Tooele, Wasatch, Davis, and Utah County.
We target undervalued and undermanaged projects that have strong prospects for risk-adjusted returns over time.