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DevCo Residential Group

Is this your company?

Could be great, but bad operations leadership has made it a chaotic mess - Anonymous employee DevCo Residential Group Employee Review

3.0
Apr 4, 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-Good benefits! -The construction side has great leadership and strategy. -There's some really nice people there that do want to help by creating affordable housing

Cons

The operations / property management side is a hot mess with awful, uncommunicative, and authoritarian leadership. The Chief Operating Officer makes seemingly arbitrary decisions - he gets an idea in his head and then expects everyone to just make it happen, instantly. He has no thought for how his decisions affect other aspects of the business, nor does he listen or take any input. He is obsessed with the day-to-day operations of properties when he has multiple levels of management to do that work. Instead he should be thinking globally, strategically. The communication of his random decisions is a joke. No one knows what is going on. There's zero change management - you might get notified of a change, but it's at the last minute when you have to implement that change immediately.

Explore other reviews about DevCo Residential Group

5.0
May 12, 2026
Recommend
CEO approval
Business outlook

Pros

-Great people to work with -Family Environment -Lots of room for advancement and career growth -Great review process -Feel good at the end of the day knowing we are building affordable housing -Our new construction apartments are no different from market rate -No Finger Pointing -Everyone is learning environment -Kitchen Stocked with Snacks and Drinks!!

Cons

-Downtown Bellevue, commute is rough unless you live local but, hard to afford to live local. -Fast Paced work environment but, there are people willing to jump in and help when you get overwhelmed -Building Gets a little hot for comfort even though its LEED

5.0
May 12, 2026
Recommend
CEO approval
Business outlook

Pros

I started with the company as an Analyst and have since been promoted multiple times into a Senior Associate role, which speaks to the strong opportunities for growth and internal advancement. Compensation and benefits are highly competitive compared to other developers in the affordable housing industry. Leadership also provides a high level of autonomy and trust, allowing employees to take ownership of their projects without feeling micromanaged. The culture encourages independence while still offering support when needed.

Cons

The company is growing rapidly, which means processes and procedures can change frequently. While this is understandable given the pace of growth, it can sometimes create frustration or uncertainty in day-to-day operations. The affordable housing industry is also facing significant market and policy headwinds, and while leadership has done a solid job navigating these challenges, additional transparency around higher-level strategic decisions would help strengthen employee confidence and alignment.

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