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DEVELOPMENT SNAPSHOT

7 Doors
Across 5 Properties
East Baltimore |
West Baltimore | Pigtown
Engineering & Infrastructure Leadership
Data-Intelligent Underwriting
Systems-Driven Execution
Long-Term Asset Stewardship

About

Us

RSDLGroup LLC is a Maryland-based, minority-owned real estate development and investment company transforming undervalued properties into thriving, income-producing assets across Baltimore.

Founded in 2024, RSDLGroup specializes in the Buy, Rehab, Rent, Refinance, Repeat (BRRRR) model. 

We have successfully completed multiple Baltimore projects and continue to expand our footprint through strategic acquisitions, sustainable construction, and community-focused  development.

Our mission is to revitalize Baltimore’s housing and commercial corridors through disciplined investment and community-driven development.

 

RSDLGroup plans to grow its portfolio from 6 to 15 properties by 2027 while keeping occupancy rates above 95% and achieving strong financial returns, with project-level ROI over 25% and annual cash-on-cash returns above 10%. The company is also pursuing MBE and Developer Certifications, obtaining a Baltimore City General Contractor license for in-house construction management, and gradually expanding into vertically integrated businesses under RSDL Holdings, including a barbershop, salon, café, and print services.

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Properties Transformed

Vision

To evolve into a scalable, multi-project real estate development firm recognized for operational excellence, strategic capital leverage, and transformative urban redevelopment. RSDL Group is building the foundation to operate at institutional standards while remaining community-rooted and execution-driven.

Mission

To redevelop underutilized urban properties in Baltimore through disciplined execution, responsible capital deployment, and long-term stewardship—creating stable, income-producing assets that strengthen neighborhoods and deliver sustainable value.

Strategic Goals & Objectives

Portfolio Growth
Expand beyond the current seven-door portfolio across East Baltimore, West Baltimore, and Pigtown through measured acquisition and disciplined underwriting.

Operational Excellence
Refine construction management, financial tracking, and asset stabilization systems to ensure repeatable, scalable execution.

Capital Leverage
Strategically recycle capital through refinancing and structured financing to accelerate sustainable growth without compromising quality.

Community Partnerships
Engage neighborhood stakeholders, contractors, and local professionals to ensure projects align with community revitalization efforts.

Licensing Expansion
Pursue licensed general contracting capabilities to vertically integrate construction oversight, increase efficiency, and strengthen cost control.

Structured Scalability
Transition from emerging developer to fully institutional-grade operator through standardized processes, disciplined growth, and multi-project management infrastructure.

Licensing Expansion
Pursue licensed general contracting capabilities to vertically integrate construction oversight, increase efficiency, and strengthen cost control.

Structured Scalability
Transition from emerging developer to fully institutional-grade operator through standardized processes, disciplined growth, and multi-project management infrastructure.

Our Team & Professional Experts

RSDL Group is led by hands-on developers who combine market intelligence with operational grit. As a lean but focused team, we emphasize execution over optics, systems over shortcuts, and long-term performance over short-term gains.

Every project is actively managed with attention to structural integrity, financial prudence, and strategic positioning. Our size allows us to stay close to the work; our vision compels us to build for scale.

We believe credibility is earned through consistent delivery, disciplined decisions, and properties
that perform.

Leul Ayana
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Leul Ayana

Co-Founder & Chief Executive Officer

Girum Melaku
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Girum Melaku

Co-Founder & Chief Operating Officer

Raizel Girum
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Raizel Girum

Director of Development Operations

Rahwa Haile
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Rahwa Haile

Portfolio Manager

Terri MacInnes
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Terri MacInnes

Property Manager