Our Team
Built on Experience, Driven by Results
Our team at C1 Development brings together industry veterans with deep expertise across student housing, attainable multifamily, and co-development partnerships. From site sourcing and entitlements to capitalization and construction execution, we’ve successfully guided projects through every phase of development. Backed by Virtus Real Estate Capital, we combine seasoned leadership with the financial strength to be a true strategic partner. Get to know the people who make C1 a trusted name in development across our national target markets.

David Helfrich
President

Dan Koebel
Managing Director, Development

Jay Lynde
Senior Director, Development

Greg Johnson
Development Manager
David Helfrich
President
David joined C1 Development as President in 2024, where his primary focus is leading ground-up development and co-development opportunities in C1’s national target markets. His responsibilities include oversight and management of all aspects of the development platform, from sourcing and analyzing to capitalization and execution for each development office. Prior to joining C1 Development, David served as President of Development for Aspen Heights Partners and was responsible for their student housing, BTR, and conventional multifamily development verticals. David also founded CampusWorks/CW Development which was acquired by Aspen Heights in 2018. He served as CEO of CampusWorks/CW Development for 22 years and was responsible for the strategy and execution of both the development and construction of multifamily and student housing communities. David has held General Contracting Licenses in over 8 states and holds a bachelor’s degree in business from Michigan State University.
Dan Koebel
Managing Director, Development
Dan joined C1 Development as a Managing Director in 2024, where his primary focus is leading C1’s development pursuits for its student housing platform nationally and attainable housing platform in the Carolinas. Dan is responsible for overseeing the entire development process from sourcing, underwriting, entitlements, design, capitalization and construction execution. Prior to joining C1 Development, Dan served as Senior Vice President of Development for Middleburg Communities, Aspen Heights Partners, and CampusWorks/CW Development. Dan holds a bachelor’s degree in building construction from Virginia Tech and an MBA in real estate finance from UNC Charlotte.
Jay Lynde
Senior Director, Development
Jay joined C1 Development as a Senior Director of Development in 2025, where his primary focus is growing C1’s attainable housing development platform in the Carolinas as well as execution of student housing and co-development opportunities nationally. His responsibilities include site sourcing, underwriting, entitlement, design, and execution of new multifamily and student housing developments. Prior to joining C1, Jay served as Director of Development for Elmington Residential and as Development Manager for Aspen Heights Partners. Jay holds a bachelor’s degree in economics from Washington & Lee University and an MBA in Real Estate from UNC Kenan-Flagler Business School.
Greg Johnson
Development Manager
Greg joined C1 Development in 2024 as a Development Manager, where his primary focus is supporting C1’s development pursuits for its student housing platform nationally and attainable housing platform in the Carolinas. Greg is responsible for managing the entire development process from sourcing, underwriting, entitlements, design, capitalization, and construction execution. Prior to joining C1 Development, Greg founded Besson Development and Better Properties Group where he led the team’s multifamily and single-family home development efforts. Prior to Besson Development, Greg worked as a Finance Associate on LStar Venture’s master plan developments and as an M&A Investment Associate for a family office in Durham, NC. Greg holds a bachelor’s degree in economics from the University of Connecticut and an MBA in finance, data analytics, and entrepreneurship from North Carolina State University.
LET’S REDEFINE THE FUTURE
OF RESIDENTIAL LIVING
We are actively seeking to partner with accomplished developers and industry professionals who share our vision. Together, we can deliver superior, institutional-grade assets that generate strong returns and leave a lasting, positive impact on the communities we serve.