What Neology Life Development Group does

Neology Life Development Group is a vertically integrated real estate development firm founded in 2002 by Lissette Calderon and headquartered in Coconut Grove, Miami. The company specializes in transforming undervalued urban neighborhoods — initially the Miami River corridor and subsequently Allapattah and Palmer Lake — into attainable luxury residential communities. Its operations span five in-house functions: development (land acquisition through project stabilization), licensed general contracting for construction management, property management, leasing and marketing, and investment underwriting. Completed and stabilized assets include three for-sale condominium projects (Neo Lofts 2004, Neo Vertika 2006, Wind by Neo 2008) and four rental communities (Pier 19 Residences & Marina, No.17 Residences, The Julia, and Fourteen Allapattah), with a portfolio reportedly valued at over $2 billion and approximately 1,200 apartments currently owned.

The company's revenue model combines recurring multifamily rental income from the owned portfolio with professional services revenue from in-house construction management, property management, leasing, and investment advisory work. Rents range from approximately $1,200/month for studios at No.17 Residences to over $3,000/month for larger workforce-housing units, marketed as 'attainable luxury' with amenities including rooftop pools, co-working spaces, dog parks, EV charging, and smart-home access control. Customer acquisition is direct-to-tenant via in-house leasing teams, with target renters segmented as urban professionals, medical and graduate students near the Miami Health District, and workforce renters seeking amenity-rich housing in resurgent neighborhoods.

Capital structure is heavily project-level debt financed through relationships with Starwood Property Trust, Trez Capital, Churchill Real Estate, Berkadia, and most recently Apollo. Major recent financings include a $78.2M construction loan from Trez (2021), $57.5M from Churchill (2022), $54.5M Berkadia-arranged refinancing for Pier 19 (2024), a $63.5M Starwood bridge loan (December 2024), and an $84.5M Apollo-led round (January 2025). Neology operates as a privately held, founder-controlled LLC with approximately 20-30 employees, leveraging capital partners and repeat construction vendors (JAXI Builders, Behar Font Architects, designBAR) to execute a development pipeline of 1,350 pre-development units and an additional 2,000-unit expansion pipeline.

Name

Neology Life Development Group

Legal name

Neology Development Group, LLC

Website

https://neologylife.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Neology Life Development Group is a Miami-based, vertically integrated real estate developer founded in 2002 by Lissette Calderon, specializing in attainable luxury multifamily housing across the Miami River, Allapattah, and Palmer Lake neighborhoods.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Architectural Services (54131), Architectural Services (541310), Portfolio Management and Investment Advice (523940)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate (6500)

akta.pro primary industry

Senior Living & 55+ Community Brokerage (BPAJAAAH)

akta.pro secondary industries

Senior Living Property Management (BPAJAGAI), New Development / Declarant Transition Management (BPAJAHAK), Real Estate / PropTech Growth Equity (FSANACAH)

Keywords

• Residential real estate development
• Multifamily housing
• Property management
• Construction management
• Condominium development

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Multifamily Rental Income: Long-term rental revenue from residential units across portfolio including No.17 Residences (192 units), The Julia (323 units), Fourteen Allapattah (237 units), and Pier 19 Residences (199 units)
2. Condominium Sales: For-sale condominium units including Neo Lofts (199 units, 2004), Neo Vertika (443 units + 20,000 SF retail, 2006), and Wind by Neo (489 units, 2008). Combined with 2,000 condo units previously built and sold.
3. Construction Management Services: In-house licensed general contractors overseeing planning, design, and construction of each project from inception to completion
4. Property Management Services: Dedicated property management team handling operations, maintenance, leasing, tenant relations, and financial management for owned properties

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Neology Life Development Group is a vertically integrated real estate development firm that develops, constructs, manages, leases, and invests in residential and mixed-use communities across South Florida. The company focuses on transforming undervalued Miami neighborhoods into amenity-rich rental and condominium communities under an "attainable luxury" positioning, with a portfolio valued at over $2 billion.

Product overview

Neology Life Development Group is a vertically integrated real estate development firm offering residential development, construction management, property management, leasing and marketing, and investment services. The portfolio includes completed projects (Neo Lofts, Neo Vertika, Wind by Neo, Pier 19), recently completed developments (No.17 Residences, The Julia, Fourteen Allapattah), and projects in development. The company specializes in transforming undervalued neighborhoods in South Florida, primarily focused on the Miami River and Allapattah areas, with a portfolio valued at over $2 billion.

Differentiator

Problem solved

Functional benefit

Products and services

• Neo Lofts Luxury condominium building with 199 units that catalyzed the Miami River renaissance, introducing industrial warehouse loft living
• Neo Vertika 36-floor loft building with 443 residential units and 20,000 SF of retail space, featuring exposed ductwork, duplex floors, and Le Corbusier-inspired design
• Wind by Neo Luxury condominium development with 489 units positioned between downtown Miami and Brickell, offering panoramic views of the Brickell skyline
• Pier 19 Residences & Marina 21-story multifamily rental property with 199 residences, private marina with up to 10 boat slips, and 360-degree views of Miami's skyline
• No.17 Residences Allapattah 192-unit attainable luxury rental apartment building in Allapattah's Fruit Packing District with Florida Green Building Certification and urban park amenities
• The Julia Residences 14-story, 323-unit attainable luxury rental community in Allapattah featuring tropical glam design, with EV charging, smart technology, and Florida Green Building Certification
• Fourteen Allapattah Residences 237-unit apartment community featuring mid-century design inspiration, 10,000 sq. ft. rooftop pool and clubhouse, with Florida Green Building Certification
• Development Services Manages complete development journey from initial acquisition to project stabilization, specializing in value-add acquisition and ground-up projects in South Florida
• Construction Management Licensed in-house General Contractors oversee planning, design, and construction from inception to completion with focus on quality, safety, and on-time delivery
• Property Management Streamlines property operations for maximum efficiency, handling leasing, tenant relations, maintenance, and financial management
• Leasing & Marketing Strategic marketing using digital platforms, creative campaigns, and community engagement complemented by leasing services for property occupancy
• Investments Identifies and evaluates investment opportunities through strategic financial planning, market research, and due diligence to maximize returns for investors

Quantifiable outcome

• The Julia Residences achieved 95% occupancy, redefining attainable luxury in Miami's Allapattah neighborhood
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• BerkadiaminorGTM or Marketing Partner · 12 May 2026Abby Lindenberg, Founder and CEO of caa, moderated a panel at Future PropTech Miami 2026 with representatives from Berkadia, Neology Group, Planet Smart City, Enterprise Minds In, and the Miami Association of Realtors discussing PropTech trends.
• Planet Smart CityminorGTM or Marketing Partner · 12 May 2026Planet Smart City participated in Future PropTech Miami 2026 panel discussion on technology, affordability, and equity in urban housing with Neology Group and other industry leaders.
• Enterprise Minds InminorGTM or Marketing Partner · 12 May 2026Enterprise Minds In participated in Future PropTech Miami 2026 panel discussion on PropTech trends and enterprise automation accessible to affordable communities.
• Miami Association of RealtorsminorGTM or Marketing Partner · 12 May 2026Miami Association of Realtors participated in Future PropTech Miami 2026 panel on intersection of technology, affordability, and equity in urban housing.
• JAXI BuilderscoreStrategic or Co-development PartnerJAXI Builders serves as general contractor for multiple Neology projects including The Julia Residences and Fourteen Allapattah Residences. Construction partner for No.17 Residences as well.
• Behar Font ArchitectscoreStrategic or Co-development PartnerBehar Font Architects provided designs for The Julia Residences and Fourteen Allapattah Residences projects.
• designBARcoreStrategic or Co-development PartnerdesignBAR handles interior design for Neology projects including The Julia Residences.
• Witkin Hultz DesigncoreStrategic or Co-development PartnerWitkin Hultz Design serves as landscape architect for Neology projects including The Julia Residences.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Terra Group: Miami-based real estate developer (David Martin) with a portfolio spanning luxury condos, multifamily rentals, and mixed-use projects in South Florida. Highly comparable in business model, geography, and "attainable luxury"/luxury positioning targeting urban professionals.
• Two Roads Development: Miami-based residential developer with a focus on multifamily rental and condominium projects in urban South Florida submarkets. Directly comparable in product mix (mid-rise urban residential), target renter demographic, and geography.
• Property Markets Group (PMG): Miami-based residential developer of high-rise condos and multifamily rentals in urban South Florida submarkets. Directly comparable in targeting urban professionals with luxury and attainable-luxury product, vertical integration, and Miami River / downtown focus.
• Related Group: Miami-based, founder-led (Jorge Pérez) residential and mixed-use developer of luxury high-rises and attainable housing across South Florida. Closest direct peer—Lissette Calderon trained under Pérez before founding Neology, and both firms compete head-to-head for Miami urban-core sites and multifamily renters.
• Alliance Residential Company: Large U.S. multifamily developer and property manager with significant Florida exposure. Comparable in vertical integration (development + in-house property management), attainable-luxury positioning, and amenity-rich urban infill communities.
• Mill Creek Residential: National multifamily developer specializing in attainable luxury garden-style and mid-rise apartment communities across Sun Belt markets. Comparable in targeting working professionals, Florida Green-style sustainability focus, and class-A rental product.
• Crescent Heights: Miami-founded high-rise residential developer and operator with a national portfolio of luxury and attainable-luxury rental and for-sale multifamily. Comparable in vertical integration, design-led urban infill strategy, and amenity-rich renter targeting.

Regional players

• Stiles Corporation: Fort Lauderdale-based, vertically integrated commercial and residential real estate firm operating across South Florida. Comparable regional presence and mixed residential/commercial portfolio, though more weighted to office and retail than Neology's residential focus.

Emerging players

• AHP Living: Mid-Atlantic and Sun Belt multifamily developer/operator focused on attainable luxury rental communities. Comparable in renter demographic, amenity-rich mid-rise product, and sustainability/smart-home features, though smaller and less concentrated in Florida than Neology.

Broad incumbents

• Lennar Corporation: One of the largest U.S. homebuilders with a major multifamily (Lennar Multifamily Communities) arm operating across Florida. Comparable end-customer (renters/buyers in Florida) and product category, but vastly larger scale and primarily for-sale/single-family focus versus Neology's urban rental specialization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/neologylife
• LinkedInlinkedin.com/company/neology-life

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neology Life Development Group