Woodfield Development, a top multifamily developer, is expanding West into the fast-growing Arizona and Nevada markets.
“We think it’s the beginning of what’s going to have us regarded by the investment community and our partners as a true national player, instead of as a regional or super-regional player,” says Todd Jacobus, a partner at Woodfield Development.
Celebrating its 20th anniversary, the developer has had a thoughtful and deliberate approach to expansion over the years—growing its footprint from the Mid-Atlantic to adding a new market with an experienced boots-on-the-ground leader every year-and-a-half to two years. It ranked No. 21 on the National Multifamily Housing Council’s top 25 developers of 2025 and now has a footprint that includes markets in the Mid-Atlantic, Northeast, Florida, Tennessee, and Texas.
According to Woodfield, expanding into the Phoenix and Las Vegas markets is part of a broader growth strategy. The markets also share many of the same strengths as the Southeast and Texas markets it’s in: strong population and job growth, business-friendly environments, and an attractive quality of life.
Woodfield has tapped Neil Hanlon as vice president of development to lead the developer’s Western expansion.
“Neil’s experience and expertise in both Phoenix and Las Vegas allow us to make a strategic expansion into two dynamic, fast-growing metros that Woodfield has been eyeing for some time now,” notes Jacobus. “Our presence in these new markets gives us a strong foothold for future expansion in the Southwest and Mountain West markets.”
Prior to joining Woodfield, Hanlon spent over seven years with Greystar, most recently as director of development in Phoenix, where he oversaw multifamily projects in the Southwest. He previously worked in investment banking and senior housing acquisitions in New York and San Diego.
“I was drawn to Woodfield because of its reputation for delivering exceptional communities and its strong culture of collaboration,” says Hanlon. “The opportunity to bring that approach to Arizona and Nevada, two markets experiencing tremendous growth, was incredibly compelling. I look forward to building on Woodfield’s track record of success and establishing a strong presence in the West.”