About Magnum Development
Magnum Development is a Real Estate & Construction company based in Laurel (United States) founded in 2009, and was acquired by Chevron in September 2023. Residential and commercial real estate development services are provided. Magnum Development offers products and services including Alternative Foundations, PermaSteel Skirt Wall, Foundation Inspections, Site Preparation, and Final Site Finish and Back Fill. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified. Its legal entity is Magnum Development LLC.
Company details
Magnum Development was founded in 2009 and is based in Laurel, United States. Operations focus on the real estate sector, where residential and commercial development services are delivered. Projects are managed from planning through construction, with emphasis on property acquisition, design, and execution. The company serves clients in the local and regional markets, contributing to urban and suburban infrastructure growth. Domain access is available via magnumdevelopment.net for inquiries.
- Headquarters Laurel, United States
- Stage Acquired
- SectorsReal Estate & Construction
- Website magnumdevelopment.net
- Social Facebook
- Acquired by Chevron (Sep 2023)
- Legal Name Magnum Development Llc
Products & Services of Magnum Development
Magnum Development offers a comprehensive portfolio of products and services, including Alternative Foundations, PermaSteel Skirt Wall, Foundation Inspections, Site Preparation, and Final Site Finish and Back Fill.
Engineered permanent foundations for manufactured homes and certifications.
DIY option for enhancing manufactured home appearance.
Evaluates foundations to ensure compliance and safety.
Prepares sites for proper foundation installation.
Completes site work to protect home investments.
Investors in Magnum Development
Magnum Development has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chevron.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Chevron Corporation is engaged in global energy production and sustainability. | 1879 | chevron.com | United States |
Investor details for Magnum Development
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Timeline of Magnum Development
2 dated milestones of Magnum Development across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Magnum Development is founded.
- Exit Acquired by Chevron.
Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Magnum Development (Real Estate Developers & Builders) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Real Estate Investment trust providing investment brokerage services. | 1971 | Reno, Nevada, United States | USD 755.16 M | 897 | ||
Residential and commercial properties are developed across the United States. | 2010 | Dallas, Texas, United States | USD 1.47 B | 545 | ||
Real estate properties and electricity products are developed by Valmont. | 1946 | Omaha, Nebraska, United States | USD 4.1 B | 10,990 |
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Frequently Asked Questions about Magnum Development
Magnum Development was founded in 2009.
Magnum Development is headquartered in Laurel, United States. It is registered at Laurel, Maryland, United States.
Magnum Development was founded in 2009 and is based in Laurel, United States. Operations focus on the real estate sector, where residential and commercial development services are delivered. Projects are managed from planning through construction, with emphasis on property acquisition, design, and execution. The company serves clients in the local and regional markets, contributing to urban and suburban infrastructure growth. Domain access is available via magnumdevelopment.net for inquiries.
Magnum Development offers Alternative Foundations, PermaSteel Skirt Wall, Foundation Inspections, Site Preparation, and Final Site Finish and Back Fill.
Magnum Development has 1 investor. Key investors include Chevron.
Magnum Development operates through Magnum Development Llc.
Yes. Magnum Development was acquired by Chevron in September 2023.