1006 4TH STREET, STE 701
SACRAMENTO, CA 95814
PH: 916.446.4040
FAX: 916.446.4044
SACRAMENTO, CA 95814
PH: 916.446.4040
FAX: 916.446.4044
CFY Development, Inc., led by its President/Owner Cyrus Youssefi, is a committed community developer
with over 25 years of experience acquiring, developing, building and rehabilitating workforce housing.
The portfolio includes twenty-nine projects in eighteen cities, with approximately 2,605 units under
management. Project sizes range from 10 units to 296 units with development costs from $1.8 million to
$38.0 million. In addition to specializing in affordable housing, the company is also active in mixed-use
and mixed-income development. CFY Development takes pride in creating diverse and vibrant
communities, and many of the projects have received local, state and national awards.
Since 2002, Egis Group Inc., with President/Owner John Cicerone, in capacity of Co-General Partner and
Co-Developer, has partnered with Cyrus Youssefi on 1,338 units of affordable housing across fourteen
projects in eleven cities.
with over 25 years of experience acquiring, developing, building and rehabilitating workforce housing.
The portfolio includes twenty-nine projects in eighteen cities, with approximately 2,605 units under
management. Project sizes range from 10 units to 296 units with development costs from $1.8 million to
$38.0 million. In addition to specializing in affordable housing, the company is also active in mixed-use
and mixed-income development. CFY Development takes pride in creating diverse and vibrant
communities, and many of the projects have received local, state and national awards.
Since 2002, Egis Group Inc., with President/Owner John Cicerone, in capacity of Co-General Partner and
Co-Developer, has partnered with Cyrus Youssefi on 1,338 units of affordable housing across fourteen
projects in eleven cities.
