About us – NOVARUMDEV

WHO WE ARE

Novarum Development Partners is a full-service real estate development firm based in Minneapolis, focused on delivering projects from concept to completion.

We combine development expertise with access to capital allowing us to structure, execute, and deliver projects efficiently. Our team works closely with landowners, organizations, and investors to unlock value and bring projects to life.

We are not just advisors we are partners in execution.

LEADERSHIP

Our Leadership provides strategic guidance, capital markets insight, and long-term vision to support Novarum’s growth.

Dean Dovolis

Chief Executive Officer

Dean Dovolis

Chief Executive Officer

Founder of DJR Architecture and a nationally recognized architect and developer, Dean brings decades of experience in designing and delivering impactful residential and commercial projects across multiple markets.

Faraaz Yussuf

Chief Operating Officer

Faraaz Yussuf

Chief Operating Officer

Faraaz leads operations, partnerships, and development execution. With a strong focus on deal structuring and project delivery, he ensures projects move from concept to completion efficiently.

Jameel Ahmed

Chief Financial Officer

Jameel Ahmed

Chief Financial Officer

Jameel oversees financial strategy, underwriting, and capital management bringing discipline and clarity to every project’s financial structure.

LEADERSHIP

We operate as an integrated real estate developer, managing projects from early evaluation through planning, construction, and delivery. Our approach is built on clarity, discipline, and long-term value creation across residential and commercial developments.

Integrated Development Model

We manage the full development lifecycle under a single, coordinated structure, ensuring alignment from concept to completion.

Market-Driven Decision Making

Every project is informed by market analysis, feasibility studies, and data-driven evaluation.

Disciplined Project Execution

Clear processes and experienced leadership support predictable outcomes across complex developments.

Experience Across Asset Types

Residential, commercial, and mixed-use projects managed with an adaptable, asset-specific approach.

Strong Focus on Location & Design

We prioritize site selection, functionality, and design quality to support long-term asset performance.

Risk Management & Feasibility

Early-stage feasibility and risk assessment guide informed decisions throughout the development process.

Board & Strategic Advisors

Our board provides strategic guidance, capital markets insight, and long-term vision to support Novarum’s growth.

What Our Partners Say

We work closely with our clients to turn vision into reality bringing structure, clarity, and execution to every project. Here’s what our partners say about working with Novarum.

“Working with Novarum gave us clarity from day one. What started as an uncertain opportunity quickly turned into a structured, executable plan. Their team didn’t just advise they led every phase of the process with precision and accountability.”

Alena Fisher

Investment Manager

“Novarum stands out because they truly operate as partners, not consultants. They understood our vision, refined it into a viable strategy, and then executed it seamlessly. Their ability to align capital, manage complexity, and keep momentum throughout the project gave us complete confidence.”

Floyd Miles

Project Director

“We had the land and the vision, but lacked the structure to move forward. Novarum stepped in and transformed everything into a clear, actionable development plan. Their team handled zoning, approvals, and execution without delays, while keeping us fully informed at every stage.”

Esther Howard

Asset Management Lead

WHO WE ARE

LEADERSHIP

LEADERSHIP

Integrated Development Model

Market-Driven Decision Making

Disciplined Project Execution

Experience Across Asset Types

Strong Focus on Location & Design

Risk Management & Feasibility

Board & Strategic Advisors

Nazar Khan

Sulmaan Khan

Faraaz Yussuf

What Our Partners Say

Let’s evaluate your site and map out a clear path forward.

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