The Hampstead Companies is a partnership between
Hampstead Group, Hampstead Development Group, and
HP Architecture.
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.
