Summit Development LLC, founded by Felix T. Charney in 1982, is a privately held real estate investment, development, and management company based in Southport, CT. With over 38 years of experience, Summit specializes in redeveloping and repositioning undervalued assets, completing over 100 projects totaling more than 7.5 million square feet in Connecticut, New York, and Florida.
The company has been funded by various institutional capital sources and has a successful track record of purchasing non-performing bank loans secured by commercial real estate. Summit's properties include upscale retail villages, Class A office spaces, medical facilities, residential complexes, and aviation sites, offering unique opportunities for living, working, and enjoying the best of each community they are located in.
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