Gorman & Company
Gorman & Company is a vertically integrated, privately held affordable housing developer founded in 1984 that develops, designs, constructs, and manages affordable, workforce, and public housing across 13+ U.S. states through dedicated architecture, construction, and property management subsidiaries.
- Company typePrivate
- Founded1984
- HeadquartersOregon, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Gorman & Company does
Gorman & Company is a privately held, vertically integrated affordable housing developer founded in 1984 and headquartered in Wisconsin. The company develops, designs, constructs, and manages affordable, workforce, and public housing communities, alongside historic preservation and adaptive reuse projects, through three core operating subsidiaries: Gorman Architectural (established 1998), Gorman General Contractors, LLC (established 2009), and an in-house Portfolio Management division. Its portfolio spans nearly 15,000 units developed or under development and more than 7,000 units actively managed across 13+ states, with regional offices in Wisconsin, Arizona, Colorado, Illinois, Indiana, Pacific Northwest (Portland), and the Southeast (Atlanta).
The company generates revenue through development fees, construction services, long-term property management, asset management, compliance, and tax-credit syndication work structured around federal Low-Income Housing Tax Credits, state LIHTCs, historic tax credits, tax-exempt bonds, RAD program conversions, Choice Neighborhoods grants, and ARPA funding. Its go-to-market is exclusively sales-led via public-private partnerships with municipalities, county governments, public housing authorities, and nonprofit co-developers, targeting AMI tiers from 0% to 120% and specializing in permanent supportive housing for Veterans, seniors, individuals with disabilities, and the chronically homeless.
Gorman is recognized by Affordable Housing Finance magazine as one of the nation's top Affordable Housing Developers for more than a decade, has received the Secretary's Award for Excellence in Historic Preservation, and operates major regional presences including the largest affordable housing portfolio in Arizona with 2,000+ units.
Gorman & Company firmographics
Firmographics- Name
- Gorman & Company
- Legal name
- Gorman & Company
- Website
- https://gormanusa.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Gorman & Company is a vertically integrated, privately held affordable housing developer founded in 1984 that develops, designs, constructs, and manages affordable, workforce, and public housing across 13+ U.S. states through dedicated architecture, construction, and property management subsidiaries.
- Ownership category
- akta.pro rank
Gorman & Company industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131), Architectural Services (54131)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)
- akta.pro secondary industries
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)
Keywords
Where Gorman & Company is headquartered
LocationHeadquarters
- HQ city
- Oregon
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Gorman & Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Technology or R&D
Revenue model
- Housing Development & Property Management: Gorman & Company generates revenue through development fees, construction management, and long-term property management of affordable and workforce housing communities across their portfolio of nearly 7,000 managed units.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Affordable Housing at 30%-80% AMI |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Gorman & Company product offering
Product offeringCore offering
Gorman & Company is a fully integrated affordable housing developer that develops, finances, designs, constructs, and manages affordable, workforce, public, and senior housing communities across the United States. The company operates through in-house divisions covering architecture (Gorman Architectural), construction (Gorman General Contractors), development, and portfolio/property management, delivering nearly 15,000 units developed or in development across 13 states. Revenue is generated through development fees, construction management, and long-term property management of rental housing serving households from 0% to 120% of Area Median Income.
Product overview
Gorman & Company is a fully integrated affordable housing development company offering architecture, development, construction, and portfolio management services through its in-house divisions. The company operates as a unified platform rather than separate modules, with services including Gorman General Contractors (construction), Gorman Architectural (design), and Portfolio Management (property management). The portfolio includes diverse housing products ranging from affordable apartment communities serving 0-80% AMI households to workforce housing (80-120% AMI), permanent supportive housing for special populations, senior housing, and historic adaptive reuse projects. Recent major developments include Vista Verde in Colorado (Net Zero ready), Centerline on Glendale in Arizona (368 units), and various historic preservation projects like the Embassy Suites Rockford Hotel & Conference Center.
Differentiator
Problem solved
Functional benefit
Products and services
- Development Services
- Architecture Services
- Gorman General Contractors, LLC
- Portfolio Management
- Affordable Housing Communities (Rental Housing Portfolio)
- Vista Verde (Workforce Housing Community)
- Centerline on Glendale (Mixed-Income Housing)
- The Tapestry (Affordable Housing Development)
- Embassy Suites Rockford Hotel & Conference Center
- Mason Manor (Historic Preservation Affordable Housing)
Quantifiable outcome
- Nearly 15,000 units of housing developed or in development across 13 states
- +3 more outcomes
Companies that use Gorman & Company
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles4 records
Gorman & Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Gorman & Company partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Housing Authority of Maricopa County (HAMC)corePartnership on multiple public housing redevelopment projects including Coffelt-Lamoreaux (301 units), Madison Heights (77 units), and River at Eastline Village (56 units). HAMC is a key partner for RAD conversions.
- Vail ResortscoreGorman partnered with Vail Resorts to craft workforce housing for seasonal workers at Wintergreen Village (196 units) and Vista Verde (172 units) in Colorado ski resort communities.
- Denver Housing AuthoritycorePartnership on Colburn Hotel (91 units) SRO to Project Based Voucher conversion under HUD's RAD program, with admissions preference for homeless individuals.
- Save the Family Foundation / ARMcoreCo-developer and service provider for Valor on Eighth (Veteran housing) and Escobedo at Verde Vista (chronically homeless and SMI populations) in Arizona.
- Great Lakes DryhootchcoreNonprofit service provider at Valor on Washington providing on-site services for Veterans, with non-profit service provider on first floor of development.
- U.S.VETS / Department of Veterans AffairscorePartnership through Enhanced-Use Lease (EUL) program for Fort Whipple Veterans Housing project (126 residences) providing wraparound services including workforce development, case management, counseling, and healthcare.
- Esperanza En EscalantecoreCo-developer nonprofit for Esperanza I & II (94 units) serving chronically homeless Veterans in Tucson, providing social services including case management, transportation, wellness programs, and job readiness.
- Mountain Park Health (FQHC)minorHealthcare provider operating new FQHC at Centerline on Glendale development, providing health services near transit and employment.
- Bi-County ServicesminorSupportive services provider for Bluffton Family Townhomes in Indiana, providing services for residents with developmental or intellectual disabilities.
- YMCAminorLicensed YMCA childcare center included at Bluffton Family Townhomes development amenities.
Scale indicators11 records
Recent moves9 records
Expansion highlights6 records
Gorman & Company competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses1 record
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Gorman & Company social profiles
Digital presenceGorman & Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gorman & Company leadership team
Management profileNumber of profiles
Profiles1 record
Gorman & Company subsidiaries and ownership
Company hierarchySubsidiaries2 records
Gorman & Company funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gorman & Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gorman & Company
What does Gorman & Company do?
Gorman & Company is a fully integrated affordable housing developer that develops, finances, designs, constructs, and manages affordable, workforce, public, and senior housing communities across the United States. The company operates through in-house divisions covering architecture (Gorman Architectural), construction (Gorman General Contractors), development, and portfolio/property management, delivering nearly 15,000 units developed or in development across 13 states. Revenue is generated through development fees, construction management, and long-term property management of rental housing serving households from 0% to 120% of Area Median Income.
Is Gorman & Company a public or private company?
Gorman & Company is a private company. It is classified as unknown and is currently operating.
When was Gorman & Company founded?
Gorman & Company was founded in 1984. It employs 251 to 500 people.
Where is Gorman & Company based?
Gorman & Company is headquartered in Oregon, United States, in the North America region.
How does Gorman & Company make money?
One revenue line is on record: housing Development & Property Management.
Does Gorman & Company have an API?
No public API is recorded for Gorman & Company.
What industry is Gorman & Company in?
Gorman & Company's product category is Affordable Housing Development. Its primary akta.pro industry code is BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8), with a secondary code of IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes). Its NAICS code is 531311 and its SIC code is 6513.