THE ASSET COMPANIES owns, operates, develops, builds and invests in assets concentrated in leading urban infill submarkets in and around Washington, DC metro area. Our growing portfolio comprises distinct multifamily and retail assets, 90 % of which are Metro-served.

With a focus on superior quality and design, we drive synergies across the portfolio and create affordable high class properties in walkable neighborhoods. ASSET COMPANIES future development pipeline includes 30 thousand square feet of potential development density.


Our Company Pillars



Arc is driven by one thing: delivering exceptional results for clients. Our reason for existence is to help transform our clients’ dreams into reality. Our focus, therefore, remains squarely on the client—not on ourselves.



Our legacy reputation and combined experience as a best-in-class construction management firm was built from the ground up. We will continue to set a high bar for ourselves, and our company, and we intend live up to this standard of excellence day in and day out.



With projects big and small, clients place their trust in us to bring their visions to life. And we have and will deliver.



Our ability to successfully navigate unique challenges stems from our deep bench of talent and the hardworking, solutions-driven culture embodied by our employees. We pursue solutions that utilize every available resource.



Delivering exceptional results for clients is our deepest commitment. It’s the driving force behind everything we do.



We are passionate about supporting many partners and causes in the regions that we serve, because we know that great communities are built through collaboration, commitment and care.



Our long track record of exceeding client expectations—job after job, year after year, decade after decade—allows clients to rest assured knowing we’ll deliver on our promises and do whatever it takes to get the job done.



We do not cower in the face of adversity. Whatever the challenge, we aim to meet it head on and overcome it with persistence, integrity, and grace.


The Asset Companies is the vision of Kevin D Palka. Mr. Palka has lived in the Washington DC area for 15 Years with his wife and 2 young children. Starting as a carpenter helper at the
age of 15, Mr. Palka worked his way up through the ranks of residential and commercial construction companies throughout his career.

With over 27 years of experience and countless amounts of Urban Infill mixed use projects in over 20 different jurisdictions, the Washington DC area has helped mold the Asset Companies into a reliable construction company and real estate developer. Mr. Palka Received a Bachelor’s degree in Construction Management for the University at Buffalo.


THE ASSET COMPANIES has focused teams concentrating on each of our asset classes. With over 20 years of experience developing properties in and around Washington DC and through close partnerships with local jurisdictions, we create dynamic environments— including our hallmark mixed-use developments.



Mr. Darrow has been a superintendent in the Washington DC Market for 25 years. Specializing in large scale mixed use projects form 15,000 Sq. ft. up to 300,000 Sq. ft. Mr. Darrow has the industry knowledge and personal skills to get the project done right. He served in the US NAVY as a Hydraulic engineer.


VP of Construction

As Vice President of Construction, Mike is responsible for the general oversight of all projects and Project Managers as well as the construction process and quality control. In addition to a variety of professional achievements, Mike served four years in the U.S. Army as a Combat Engineer and was awarded two Good Conduct Medals for is service. He received his undergraduate diploma in Commercial Refrigeration Engineering from Gwinnett University in 1993.