"Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world."  
- Franklin D. Roosevelt

An increased demand and lack of supply for quality multi-family housing in Ozaukee county has spurred the growth of Shaffer Development. With over ten years of development experience in Ozaukee county, Shaffer has been able to overcome high barriers of entry into this affluent market. Several of Shaffer's developments have been the first new multi-family projects to be approved in over fifteen years. 

Current market conditions and demographic trends make Ozaukee county a desirable location for creative and innovative projects. There will be a limited opportunity for additional key projects in this area.

Historically, returns of real estate investments are less volatile than stocks. With interest rates low, real estate enables investors to diversify their portfolio, realize better returns, and increase cash flow. From a tax perspective, both interest payments and depreciation can be deductible. Gains may also be deferred through the structuring of 1031 exchanges.

Our focus is on collaborative community development. By bringing together and working with adjacent property owners, investors and the community, Shaffer Development is able to achieve innovative and financially sound developments that are beneficial to all concerned. If you are interested in becoming a partner, please contact us.

Cindy Shaffer, owner of Shaffer Development.



“I really appreciated working with [Cindy] on this project. [Her] professionalism, responsiveness, and interaction with the tenants is excellent!”

William M. Fuchs | President, Total Team Construction


“I often would run into Cindy onsite with a broom in hand or on a Sunday walking around the parking lot and buildings making sure that deadlines were being met and the development continued to stay moving forward as quickly as possible.  She was in constant communication with me, available day and night, seven days a week for any questions, concerns or problems I had to deal with along the way.  She assisted in meetings with city personnel throughout the process in order to minimize delays and in the last week, when it was down to the wire, she was in touch daily and throughout the weekend to assist in the delivery of the space so that it was up to occupancy standards.”

Catherine Van Laanen, PT DPT | Owner, Physical Therapist, Health In Balance Physical Therapy

"She's just a go-getter, and willing to put in the time to get done what she needs to get done."

Glenn Stadler | Senior Vice President, Westbury Bank