About Us
Experience You Can Build On
Our Mission
To add value to every project we touch and every person we lead.
Our Vision
To be the premier real estate development and investment firm, delivering exceptional returns and lasting communities through data-driven decisions, disciplined processes, and a commitment to minimizing risk at every stage.
Our Core Values
Data Driven
We base every decision on accurate, up-to-date data. Our analysis is unbiased, transparent, and peer-validated to ensure the best outcomes.
Process-Oriented
We follow proven steps every time—no shortcuts. Our systems are built to maximize efficiency and eliminate redundancy.
Disciplined
We stick to the data, think like builders, and avoid the “5 G’s”: Guesswork, Gut Feeling, Gamesmanship, Greed, and Group Think.
People-Centric
Whether working with investors, community members, or vendors, we lead with integrity, serve with purpose, and always add value.
Our Story
Hallowfield Development was founded to solve one of the biggest challenges in today’s housing market: the shortage of entitled lots that are ready for new residential construction. While demand for new homes surges throughout the Mid-Atlantic region, the complex and time-consuming entitlement process keeps builders from meeting that demand.
We bridge this gap by identifying high-potential, undeveloped land and transforming it into approved communities ready for development. Through rigorous analysis, disciplined risk mitigation, and deep entitlement expertise, we navigate the red tape and deliver projects that maximize value and minimize risk. Our streamlined approach allows national, regional, and local homebuilders to focus on what they do best, building homes, while we handle the critical steps that make it possible
Leadership Team
Matt Caffrey
Chief Development Officer
With over 20 years in real estate development and project management, Matt brings deep expertise in residential and multifamily projects across PA, NJ, MD, and DE. He specializes in identifying high-value land opportunities, securing entitlements, and managing every stage from acquisition to construction. Matt holds a Master’s in Real Estate Development and Construction Management from Drexel University and has led the successful delivery of projects totaling thousands of homes.
Peter Neill
Chief Investment Officer
Peter brings over a decade of experience in real estate development, investment, and fund management, with a strong track record in capital raising and corporate strategy. Skilled in structuring and operating residential and small multifamily funds, he has led acquisitions, due diligence, and asset management across multiple sectors. Based in the Mid-Atlantic market, Peter combines market expertise with strategic vision to drive investor value. He holds a B.A. in Media Business and Entrepreneurship and a Construction Management Certificate from Temple University
Nate Niles
CFO, Partner
With over 25 years of strategic and operational finance experience, Nate has served as CFO for leading healthcare companies and one of the region’s largest homebuilders and land developers. His expertise spans financial strategy, accounting, and operational leadership, providing a strong foundation for Hallowfield’s disciplined, data-driven approach. Nate holds a Bachelor’s in Accounting and Finance from Penn State University and an MBA from Harvard University.
Strategic Partnership
GSP REI is proud to serve as a strategic partner of Hallowfield Development.
As a builder and investment company with in-house construction and property management, GSP REI complements Hallowfield’s expertise in land acquisition and entitlement. Together, we create a full-spectrum development platform, from sourcing and entitling land, to building high-quality residential communities, to managing stabilized assets. This partnership ensures projects are executed with efficiency, accountability, and lasting value for both residents and investors.
When appropriate, GSP REI may step in to take projects through construction and management, only if it serves the best interest of the investment. This selective approach is another way we mitigate risk and protect investor capital
Our Network
