The Hampstead Companies is a partnership between The Hampstead Group, Hampstead Development Group, and The Arcadia Group.
In 1992 Hampstead Partners was formed under the umbrella of Hampstead Financial by Chris Foster, Jay Wentz and Norm Root. HP soon became one of the most successful and well-known providers of consulting services to the housing industry in the nation. As a part of its association with special legal counsel, Peabody and Brown in Washington, DC, the group processed 260 eligible projects under the preservation programs over the next 4 years. This represented approximately 20% of the national market share processed from 1993 through 1996.
As the ELIHPA and LIHPRHA programs wound down in the late 1990’s HP turned it’s focus to its own acquisition and rehabilitation of existing low income housing properties. To aid in this effort Art Balourdas was brought on board in 2000 and in 2002 HP Architecture was formed under the Hampstead Partners umbrella. Together the group acquired and rehabilitated properties in California, Montana, Colorado, Illinois, Indiana, and Maryland.
After working with HP on properties in California, Colorado, Illinois, and Maryland HP Project Managers Jeff Jallo and Greg Gossard joined together to form Hampstead Development Group in 2004. HDG, along with HP Architecture, and Foster’s newly formed Hampstead Group continue to build on the successes of Hampstead Partners.
While Hampstead Partners will continue to manage its current portfolio all new development will be taken on by the principals of The Hampstead Companies.
