WHY VICTORY
DEVELOPMENT GROUP?

Grand Rapids needs to build 1,000 rental units each year to keep up with demand. Currently, less than 400 units are being developed.

With occupancy averaging ~98% and with double-digit rent increases, there is an urgent need to develop and build more rental housing.

We're helping build the solution.

We're four, Grand Rapids-based business owners and entrepreneurs who've strategically joined forces to start Victory Development Group.

We each bring a unique set of skills and experiences to the table, allowing us to build market-rate apartment communities that appeal to all types of residents.

There has never been a greater need for housing in West Michigan, and our goal is to build as many new rental units

as possible.

"THE SECRET OF CHANGE IS TO FOCUS ALL OF YOUR ENERGY NOT ON FIGHTING THE OLD, BUT ON BUILDING THE NEW."

SOCRATES

CURRENT PROJECT​

Victory on Leonard is a $21 Million, 120-Unit, Mixed-Use apartment development located at 900 W Leonard Street in Northwest Grand Rapids, MI.

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The original Grand Rapids YMCA building was located here, and in 2020 Victory Development Group purchased it with the intent to develop and build apartment units.  We broke ground in November, 2021 and are scheduled to welcome our first residents in June, 2023.

WATCH OUR
CONSTRUCTION LIVESTREAM

Jack Hoedeman

Jack is the CEO of Compass Insurance Agency.  His 20+ years of risk management, entrepreneurship, and leadership has grown Compass into a $20M operation, covering 22 states. Compass has twice been nationally recognized as an “Insurance Agency of the Future”  by Liberty Mutual Insurance.

Brian Hamrick

Brian is the owner of Hamrick Investment Group and asset manages over $60 M in real estate, including multifamily and apartments, self-storage, and vacation rentals.

Brian has bought & sold over 450 units and is the host of "The Rental Property Owner & Real Estate Investor Podcast."

Brad Laackman

Brad is President and CEO of Honor Construction and a U.S. Navy Veteran.  Brad's significant experience in commercial construction includes over $100 M in projects such as multifamily, senior housing, healthcare, hospitality, light industrial
and office.

Jeff Royce

As developer, Jeff has delivered nearly $400M in large apartment and high-rise projects in MI, GA, TN and TX.  These projects created nearly 1,500 residential units and over 40,000 sf of retail.  Jeff is also the owner of 1025 Ventures and Partner in Honor Construction.

Get Involved

VICTORY MEANS OPPORTUNITY.

Grand Rapids isn't the only city in West Michigan we're developing— We're also in Muskegon and other soon to be announced locations.

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If you are an accredited investor and would like to learn more about the opportunities to invest with us, please get in touch.