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'properties developer' is a grammatically correct term, and can be used in written English.
Example Sentence: The properties developer created a brand new housing estate on the outskirts of the city.
Exact(2)
They include the head of Dubai World, Sultan Ahmed bin Sulayem, and Mohammed Alabbar, the chief of Emaar Properties, developer of the Burj Dubai and hundreds of other projects.
With a 52-week high of $13.10 and a 52-week low of $1.03, the mineral properties developer has fallen a great distance down the mine shaft and continues to struggle to recover.
Similar(58)
What's new: Property developer City Developments doubled its land bank to 10 million square feet.
What's new: Property developer City Developments doubled its land bank to 900,000 square meters.
Thanks to negative real interest rate and mortgage rate, Hong Kongs properties developers retreated significantly.
Hugo Sells, 26, property developer, London.
Gearon called a friend, a property developer.
Then he became a multimillionaire property developer.
He is a habitually unfaithful property developer.
Her father was a property developer.
Auburn's mayor is also a property developer.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com