Petra Development is a national real estate development firm focused on disciplined execution, regulatory expertise, and long-term value creation across residential, hospitality, and mixed-use asset classes. Company Overview Petra Development is a real estate development company founded in 2011 and headquartered in Washington, DC, with additional operations in Dallas, Texas. The firm has developed and […]
Rashid Salem
Since launching Petra Development in 2011, Entrepreneur & Real Estate Developer Rashid Salem has guided its evolution from boutique luxury residential renovations in Washington, DC into a vertically integrated development organization delivering thousands of housing units and millions of square feet of real estate across multiple U.S. markets. Rashid Salem’s work is defined by disciplined […]


