Redstone was formed in 1991 by two cousins, Jonathan Levy and Lee Burdman. Both founders grew up in the development business, learning all aspects of the business from their uncles while still in their teens. Having worked in different capacities over the years in Washington, D.C. and Youngstown, Ohio, Levy and Burdman ultimately joined forces in 1987 to start their own construction and development firm. This firm became known as Redstone Investments in 1991.

While Redstone has always worked on different types of real estate projects, the company specializes in ground-up development and redevelopment of shopping centers. The company manages all aspects of development, including land acquisition, entitlement of the property, ground-up construction, including site development and vertical construction, and leasing and property management. The majority of this work is done in-house with Levy and Burdman's direct day-to-day involvement, which is key in Redstone's success.

Redstone has experience in many types of financial transactions including buying distressed notes, joint venture financing, equity financing and workouts of distressed real estate. In the economic downturn of the late 1980's and early 1990's, Redstone completed a number of projects by working with affiliates of the FDIC to buy distressed assets and successfully turn them around. These assets remain a strong part of the company's portfolio today.

In late 2003 Redstone opened its second office in Tampa, Florida. Originally the office concentrated on tenant representation for Lowes and Wal-Mart in parts of the west coast of Florida. In 2005 Levy relocated to the Tampa office and changed its focus from tenant representation to development. In 2008, Redstone added two new components to its successful real estate business, launching Redstone Commercial LLC, a brokerage firm, and Redstone Asset Management Services LLC, specializing in the management, disposition and workout of distressed assets held by financial institutions and other third party owners.

Both Levy and Burdman have extensive backgrounds in banking, which prove valuable in the company's day-to-day business. Levy has had an extensive lending background and both Levy and Burdman have served on boards of publicly traded financial institutions. Their financial expertise makes them uniquely qualified to manage a variety of project types in today's difficult economic environment.