Aurelian Dev Co.
Aerial view of an undeveloped parcel of land adjacent to existing development outside Philadelphia

Development Entitlements Investment

Restoring places.Building what’s next.

Aurelian Development Company acquires, entitles, develops, and invests in real estate across Greater Philadelphia and Southern New Jersey.

We work through zoning and approvals, capital structure, construction, and long-term operations to move properties from concept to completion.

$300M+
Combined development experience
$70M+
Active development pipeline
200+
Housing units in development
30+ Years
Combined development, finance & real estate experience

What We Do

The disciplines a project requires.

01

Acquisition & Underwriting

We evaluate basis, zoning, infrastructure, demand, and downside before committing, and we pass on more than we pursue.

02

Entitlements

We work through zoning, planning, engineering, and municipal coordination to move properties toward development-ready status.

03

Development & Construction

We manage product, density, infrastructure, budgets, and construction from approvals through delivery.

04

Capital & Investment

We structure debt and equity conservatively, and we invest alongside our partners in the projects we sponsor.

Selected Experience

Projects that required patience, judgment, and follow-through.

Three projects taken through entitlement and approvals by Aurelian’s principals, spanning for-sale residential, self-storage, and downtown mixed-use redevelopment.

Aurelian’s principals bring more than $300 million of combined development experience across multiple asset classes.

Academy Row — Glassboro, New Jersey

For-sale residential

Academy Row

Glassboro, New Jersey

92-unit for-sale residential community on more than 3.8 acres adjacent to Rowan University. The project was taken through the entitlement process and into capitalization, construction, and sales.

StatusActive development / sales

  • Entitlements
  • Land Development
  • Capitalization
  • Construction
  • Sales
Cape May Self Storage — Dennis Township, New Jersey

Self-storage

Cape May Self Storage

Dennis Township, New Jersey

Approximately 100,000 SF ground-up Class A self-storage development on a 17+ acre site along Route 9. The project was taken through entitlements, site planning, capitalization, and construction.

StatusUnder construction

  • Entitlements
  • Ground-Up Development
  • Site Planning
  • Financing
  • Construction
Norristown Main Street — Norristown, Pennsylvania

Mixed-use / commercial

Norristown Main Street

Norristown, Pennsylvania

Multi-property downtown redevelopment focused on adaptive reuse, commercial activation, and mixed-use development. The properties have been advanced through entitlement and municipal coordination as part of the broader redevelopment strategy.

StatusPlanning & redevelopment

  • Entitlements
  • Adaptive Reuse
  • Municipal Coordination
  • Redevelopment

Our Approach

Discipline before commitment.

  1. 01Source
  2. 02Underwrite
  3. 03Entitle
  4. 04Execute

From acquisition through approvals, capitalization, construction, and disposition, we focus on reducing uncertainty and creating executable projects.

Different properties call for different structures — direct acquisition, a joint venture with a landowner, entitling a site for another developer, or carrying a project through development ourselves.

Acquire
Direct acquisition
Partner
Landowner and developer joint ventures
Entitle
Create development-ready opportunities
Develop
Capitalize and execute projects directly

Technology-enabled research and underwriting help us evaluate opportunities efficiently. Experience and judgment determine what we pursue.

Good development has to work on paper and in the real world. We consider local planning priorities, neighborhood context, long-term operations, and the people who will ultimately use the places we build.

Leadership

Complementary backgrounds. A long-term approach.

Aurelian is led by principals with complementary backgrounds in development, operations, finance, and investment, and a long-term approach to partnerships and the communities where they work.

Portrait of Momin Sheikh of Aurelian Dev Co.

Momin Sheikh

Developer · Entrepreneur · Investor

Momin Sheikh is a Philadelphia-based real estate developer and entrepreneur focused on development, entitlement strategy, capital formation, and investment.

His career began in finance, spanning investment banking, private equity, and commercial lending, including roles at JPMorgan, Bank of America, and Wells Fargo. He later built and sold a business before moving into real estate development. His experience spans residential, industrial, self-storage, adaptive reuse, and mixed-use projects.

  • Philadelphia Business Journal 40 Under 40
  • Philadelphia Business Journal Real Estate Deal Maker
  • Co-Founder, Friends For Good, a 501(c)(3) nonprofit
Portrait of Sean Frankel of Aurelian Dev Co.

Sean Frankel

Developer · Operator · Investor

Sean Frankel has more than 20 years of experience acquiring, developing, repositioning, and operating real estate across the Philadelphia region, including the development and ownership of hundreds of residential units alongside a portfolio of commercial and residential assets.

He works across acquisitions, construction, asset operations, capitalization, and execution, and brings an owner's perspective to how projects are built and how they perform once they are open.

  • 20+ Years Real Estate Experience
  • Hundreds of Residential Units
  • Acquisition & Development
  • Operations & Repositioning
  • Supporter of Children's Hospital of Philadelphia and local stuttering programs
  • Built a neighborhood playground in memory of his brother

Partners

Built for long-term relationships.

Municipalities

We understand entitlement processes, planning priorities, redevelopment objectives, community concerns, and the value of steady communication.

Capital & Lending Partners

Disciplined underwriting, thoughtful capital structures, transparency through the life of a project, and execution.

Development & Professional Partners

Long-standing relationships with the architects, engineers, attorneys, consultants, contractors, and brokers required to execute well.

Landowners

We evaluate properties carefully, work through complicated situations, structure transactions, and carry projects through approvals and development.

Inquiries

Start a conversation.

Development, municipal, capital, partnership, and property inquiries are welcome.