Driven by Vision. Backed by Legacy.

ABOUT Development Ventures Group

Building lasting value through strategic development

DEVEN is a premier developer and owner specializing in student housing, mixed-use developments, and hospitality projects across the United States. As a subsidiary of Kajima USA and the globally recognized Kajima Corporation, DEVEN benefits from the strength of a 180-year-old, publicly traded construction and real estate company with annual revenues exceeding $25 billion.

With a commitment to excellence and a strategic, data-driven approach to investing, DEVEN focuses on high-quality real estate assets that deliver superior risk-adjusted returns. By leveraging deep industry expertise and a rigorous analytical framework, DEVEN transforms complex development challenges into profitable, high-performing properties for owners and investors.

DEVEN’s mission-driven approach is built on integrity, innovation, and long-term value creation. The company is actively involved in every stage of the real estate development lifecycle, from concept and planning to construction and asset management. Their ability to structure creative investment solutions and navigate both private and public sector projects has solidified DEVEN’s reputation as a trusted leader in the commercial real estate industry.

With a history of delivering high-impact developments, DEVEN continues to shape the future of urban living, hospitality, and mixed-use environments by creating dynamic, sustainable, and community-driven spaces that stand the test of time.

OUR CORE TEAM

The visionaries behind our success

Thom Cunningham

Thom Cunningham

CEO

Zach Capps

Zach Capps

CFO

evelyn guzman

Evelyn Guzman

Controller

Brian Lucas

Brian Lucas

CDO

Brad Caldwell

Brad Caldwell

Director of Development

Jeff Hart

Jeff Hart

Project Executive

David McPike

David McPike

Director of Asset Management

Gavin Biggs

Gavin Biggs

Director of Development

jonathan fronczek

Jonathan Fronczek

Development Manager

Spencer Short

Spencer Short

Accountant

Colleen Russell

Colleen Russell

AP Specialist

Matthre Morris

Matthew Morris

Development Analyst

Our Partners

Halstat
Demetree
Ustler
Mainsail

OUR FEATURED PROJECTS

The Trilith Hotel

The Trilith Hotel redefines hospitality with luxury accommodations and extended-stay options, seamlessly integrated into the vibrant Trilith Studios community.
See Case Study

The Alabama College of Osteopathic Medicine

The Alabama College of Osteopathic Medicine building is a state-of-the-art facility designed to foster innovation, learning, and the future of healthcare education.

The Dayton Performing Arts Center

The Dayton Performing Arts Center is a world-class venue designed to inspire creativity, enrich the community, and showcase exceptional performances.

The Henry

The Henry offers upscale accommodations in the heart of downtown, blending modern luxury with unmatched convenience for travelers and professionals.
See Case Study

Backed by Kajima Corporation

DEVEN’s Global Parent Company

Founded in 1840, Kajima Corporation has grown into one of the world’s most respected leaders in the architecture, engineering, and construction (AEC) industry. With headquarters in Tokyo, Japan, Kajima has earned its reputation for innovation, integrity, and excellence through nearly two centuries of delivering complex and visionary projects across the globe.

Today, Kajima operates in over 20 countries, with a strong presence in the United States, Europe, and Asia. The company’s global portfolio includes everything from cutting-edge commercial high-rises and civil infrastructure to sustainable urban developments and award-winning cultural institutions. Kajima’s core philosophy—“Building with passion and precision”—drives its commitment to forward-thinking design, quality construction, and lasting client partnerships.

As a wholly owned subsidiary, DEVEN Group proudly carries the Kajima legacy into the heart of the Southeastern United States. Our affiliation with Kajima Corporation connects us to a powerful network of global expertise, financial stability, and best-in-class construction technologies. This relationship allows us to deliver projects that are not only thoughtfully designed and expertly built but also backed by the resources and experience of a Fortune Global 500 company.

Whether developing large-scale campuses, civic spaces, healthcare facilities, or education centers, DEVEN Group’s ability to leverage Kajima’s extensive resources ensures consistent quality, safety, and innovation. We are honored to represent Kajima’s values here in the U.S.—blending local expertise with international excellence.