Trusted development partnerships.

Lindgren Development, Inc. (“Lindgren”) is a national investment firm and a wholly owned subsidiary of Swinerton Incorporated providing capital, balance sheet support, and transaction and project management expertise to secure the success of real estate development projects. More than just an equity investor, we are a team comprised of problem-solvers and reliable partners. Our mission is simple: we build relationships with premier developers to execute projects that generate compelling risk-adjusted returns for our shareholders and business for our Swinerton construction affiliates.

About Us

Our Investment Principles

Lindgren seeks to form long-standing partnerships with experienced local and regional developers that have expertise and proven success in their respective markets and product types. We are entrepreneurial and nimble in nature, targeting investments in residential, office, mixed use, and industrial developments in markets projected to have robust job and population growth.

Our Backing

Lindgren operates under the parent company of Swinerton Incorporated alongside several general contracting and specialized construction affiliates in 23 offices across the country. This integrated business ecosystem traces its roots back to 1888, and today has over 4,300 employees and annual revenues of $5 billion. Lindgren is uniquely positioned to be able to leverage the expertise of Swinerton Incorporated’s best-in-class construction teams and the robust strength of its balance sheet.

Our Value

Our approach solves several common issues faced by project sponsors: the need for capital for GP co-investment and a strong balance sheet to support financing guarantees, a desire to create strong alignment between project stakeholders, and the ability to enhance the project’s sponsorship story with equity investors and lenders. By investing capital, providing financing guarantees, and supporting transaction and project management execution, we can create a powerful alignment of interests between developer, builder, investor, and lender.

Our Team

Dave Callis

CEO, Swinerton Incorporated

As CEO of Swinerton Incorporated, Dave provides executive leadership support and direction for all of Swinerton’s subsidiaries, including Lindgren Development.

Tim Kretzschmar

Chief Operations Officer, Swinerton

Tim provides direct oversight and support for Swinerton Incorporated’s subsidiaries, including Lindgren Development, with a keen focus on integration, efficiency, and growth.

Steve Wolmark

Managing Director, Lindgren

Bringing over 25 years of dynamic commercial real estate expertise, Steve strategically leads and directs Lindgren’s investment efforts, ensuring alignment with Swinerton’s business goals.

Adelicia Colmenero

Development Manager, Lindgren

Backed by over 14 years of diverse real estate experience, Adelicia provides leadership throughout all phases of development to ensure project success and foster long-term relationships with project partners.

John George

Investment and Asset Management Associate, Lindgren

John is experienced in the underwriting and due diligence of new development opportunities, tapping his analytical acumen and personable approach to procure new relationships with development partners.

Our Partnerships

Blog and News

Supportive Housing Opens at 1367 University Avenue, Berkeley

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July 1, 2025

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Press Release

Home Blog Less than two years after the official groundbreaking, a new supportive housing complex has opened at 1367 University Avenue in Berkeley, Alameda County. The …

Lindgren Development Invests Over $80M in Nationwide Projects, Partnering with Local Developers

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November 20, 2024

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Press Release

Home Blog To address capital financing and stakeholder alignment challenges in high-growth markets, Lindgren is building trusted development partnerships. Lindgren Development, Inc. …

Community-Focused, Mass Timber Office Building Breaks Ground in East Austin

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October 9, 2024

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Other Projects:

Home Blog Community-Focused, Mass Timber Office Building Breaks Ground in East Austin Swinerton, a national industry-leading general contracting and construction management firm, …

Charlotte Project Lands $94M

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September 10, 2024

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Press Release

Home Blog Charlotte Project Lands $94M JLL arranged the debt and equity backing the development in the city’s Mill District. A joint …

Contact Us

Steve Wolmark

M 510.757.3472
E steven.wolmark@lindgrendev.com

John George

M 912.844.4372
E john.george@lindgrendev.com