Weichert Launches Development Company

MORRIS PLAINS, NJ—Jim Weichert, president, chairman and CEO of the Weichert Family of Companies, recently introduced Weichert Development Company, a full-service, privately held residential and commercial real estate investment and development business based out of the organization’s corporate headquarters in Morris Plains, NJ.

As a full-service developer and investor, Weichert Development Company’s capabilities range from property site selection, acquisition and construction to financing, leasing, property management and maintenance. Weichert Development Company will focus on urban development, adaptive reuse, ground-up development, redevelopment and asset repurposing.

Weichert Development Company will be led by industry expert and longtime Weichert executive John G. Udell. With more than 38 years of experience, accolades and accomplishments in real estate development, sales and leasing, Udell was most recently president of Weichert Commercial Brokerage, Inc., a position he held for more than 15 years.