About Us

The Gryphon Group, LLC is a real estate development and consulting firm that specializes in providing community development solutions. With our company, you will find a partner that is well equipped to provide a wide variety of land development strategies. Our proven team of professionals has a track record of success and a reputation steeped in integrity.

At the Gryphon Group, we undertake ventures that are difficult in order to expand our capabilities. We have extensive experience in federal and state loan programs, tax credit syndication and conventional financing. Our firm has worked within Brownfield and Historic Districts, incorporated “Green” design features into our developments and have partnered with non-profit entities to meet a variety of housing needs. Our increasing knowledge base allows us to offer unique features within our properties as well as implement creative financing solutions in order to build quality developments that will withstand the test of time and strengthen their respective communities for years to come.

The Gryphon Group is progressive minded, which is necessary in order to acclimate to ever changing market trends. We participate in continuing education so that we can stay abreast of the latest financing tools, investor funds, planning and land use trends, desired amenities, building products and compliance requirements. In 2007 we completed one of the first “Green” affordable housing developments in the State of Michigan with grant money from the Michigan State Housing Development Authority. In regards to future developments, we are planning for the integration of geothermal, solar and wind power as alternative energy sources in order to reduce operating costs and positively impact the environment. Our goal is to remain on the cutting edge, ensuring our developments are highly marketable to prospective tenants, an asset to the community and profitable to our investors and clients.




executive team

hovey Timothy R. Hovey
Founder, Owner

Prior to forming the Gryphon Group, Timothy Hovey was managing member of The Hovey Companies. Under Tim’s leadership, The Hovey Companies portfolio doubled in size and the firm was recognized for building first-rate affordable housing developments with premium amenities. Mr. Hovey specializes in development financing, tax credits, securing investors, loan closings, construction oversight and lease-up. As an owner of several apartment communities throughout the State of Michigan, Tim is responsible for the asset management of over 1,000 apartment units.

• Art of Leadership Foundation Advisory Board
• Michigan Housing Council
• Lansing Regional Chamber of Commerce
• Michigan State University Alumnus