B2K Development

Name

B2K Development

Legal name

B2K Development

Website

https://b2kdevelopment.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Jericho

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Real Estate Development Fees & Profit Participation: B2K Development generates revenue through development fees and profit participation from residential, commercial, senior living, and mixed-use projects it entitles, develops, and often constructs in-house. The company also purchases notes and mortgages from institutional lenders and reposition properties for profit.
2. Construction Services (General Contracting): B2K Construction Division provides general contracting services both for B2K Development's own projects and for third-party developers. Revenue is earned through construction management fees on projects such as The Bridgeview ($45M), Vitale Properties ($56M), and Starbucks builds.
3. Property Management & Senior Living Operations: Through its Ultimate Care Management subsidiary and affiliated brands (The Bristal Assisted Living, Encore Luxury Living, 305 West End, Elegance at Home), B2K manages senior living communities and generates recurring revenue from resident fees.
4. Land Development & Entitlement Services: B2K identifies, entitles, and land acquires properties, generating revenue through the sale or transfer of entitled sites to operators or co-development partners.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

B2K Development is a fully integrated real estate firm that identifies, entitles, develops, constructs, and manages residential, commercial, senior living, and healthcare properties. The company operates an in-house construction division (B2K Construction) that builds both its own projects and serves as third-party general contractor for other developers. Through its Ultimate Care Management subsidiary and The Bristal brand, it operates 24 senior living communities and provides in-home care services.

Product overview

B2K Development is a fully integrated real estate company operating a multi-brand portfolio across residential, commercial, senior living, and healthcare sectors. The company's core offerings include The Bristal Assisted Living (flagship senior living brand), The Seasons (active adult communities), Sutton Landing (55+ luxury rentals), The Breeze and The Boardwalk (luxury waterfront developments). Operations are supported by in-house construction (B2K Construction), property management (Ultimate Care Management), and home care services (Elegance at Home). The company develops, builds, and manages communities across Long Island, NY, New Jersey, and is expanding to South Florida.

Differentiator

Problem solved

Functional benefit

Brands

• The Bristal: Senior living and assisted living communities with memory care, operating 24 locations across Long Island, Westchester County, Manhattan, and New Jersey
• The Seasons
• Sutton Landing
• The Boardwalk
• The Breeze
• Ultimate Care
• The Bristal Collection
• 305 West End Assisted Living
• Encore Luxury Living

Products and services

• The Bristal Assisted Living Flagship senior living brand offering assisted living, independent living, and specialized memory care communities with resort-style amenities across 24 locations in NY and NJ, expanding into Florida.
• The Seasons Active adult condo communities offering maintenance-free living for 55+ residents across multiple Long Island locations including East Northport, East Meadow, Seaford, Plainview, and Dix Hills.
• Sutton Landing Luxury 55+ rental communities offering resort-style amenities and modern residences in Commack, Patchogue, Deer Park, Mount Sinai, and Uniondale.
• The Breeze Luxury waterfront apartment community in Long Beach, NY featuring resort-style amenities including a courtyard with heated pool, along with retail spaces.
• The Boardwalk Luxury oceanfront condominium development in Long Beach, NY spanning 740 feet of beach and boardwalk with residential units and retail spaces.
• Encore Luxury Living Senior living community offering luxury accommodations and personalized care services as part of the B2K senior living portfolio.
• 305 West End Assisted Living Assisted living community in New York serving seniors with comprehensive care services and hospitality.
• B2K Construction Construction division providing general contracting and construction management services for B2K developments as well as third-party clients such as Vitale Properties.
• Ultimate Care Management In-house assisted living management division responsible for day-to-day operations, hospitality, and quality care delivery across B2K's senior living communities.
• Elegance at Home Home care provider offering in-home senior care services complementing B2K's residential senior living communities.
• Wellbridge Addiction Treatment and Research Addiction treatment and research center co-developed in partnership with Northwell Health.

Quantifiable outcome

• 24 senior living communities operated across NY and NJ
• +5 more outcomes

Named customers16 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered minor and core.

• VFW Post 6249 (Rocky Point)minorOthers · 1 May 2026B2K Development coordinated the expansion of the VFW Post 6249 Suffolk County WWII & Military History Museum in Rocky Point, coordinating volunteer subcontractors and donating construction expertise.
• Museum of American ArmorminorOthers · 1 May 2026David Burman serves as Trustee of The Museum of American Armor in Old Bethpage. B2K Development supports the museum's educational programs for students.
• Northwell HealthcoreStrategic or Co-development Partner · 1 March 2026B2K Development co-founded Wellbridge Addiction Treatment and Research Center in partnership with Northwell Health. This healthcare initiative reflects Jan Burman's commitment to addressing critical healthcare needs through purpose-driven development. Wellbridge has been recognized as Top Healthcare Project by LIBN (2019).
• Vitale PropertiescoreStrategic or Co-development Partner · 1 March 2025B2K Development was selected as general contractor for Vitale Properties' $56M mixed-use residential development in Island Park, NY (80 Waterfront Boulevard). This 117-unit luxury apartment project follows a 24-month construction schedule. B2K also served as third-party GC for The Bridgeview development by Vitale Properties.
• Douglas Elliman RealtyminorChannel Partner/ Reseller/ Distributor · 1 June 2023B2K Development partnered with Douglas Elliman Realty to begin sales for condominiums at The Boardwalk in Long Beach. Douglas Elliman serves as the exclusive or co-broker for luxury condominium sales.
• Long Island Builders Institute (LIBI)coreOthersJon Weiss serves as President of LIBI (2026). Steven Krieger served as President and Chairman of the Board (2022). LIBI is the state's largest trade association for residential builders. B2K leadership uses this platform for industry advocacy and workforce development.
• Long Island Home Builders Care (LIHBC)minorOthersJon Weiss serves as Officer and Director of LIHBC, leading fundraising events, the annual Charitable Walk committee, annual golf outing, and special projects such as renovating Long Island homes for families in need.
• Long Island Housing PartnershipminorOthersSteven Krieger is an active contributor to the Long Island Housing Partnership, supporting affordable housing and homeownership initiatives in the region.
• Vision Long IslandminorOthersSteven Krieger serves as board member of Vision Long Island, an organization advocating for smart growth and responsible development on Long Island.
• YogaSixminorChannel Partner/ Reseller/ DistributorYogaSix is opening a yoga studio at B2K Development's Long Beach superblock, serving residents of The Boardwalk and The Breeze as an amenity and tenant.
• Tulum Tacos and TequilaminorChannel Partner/ Reseller/ DistributorTulum Tacos and Tequila is the latest and largest restaurant tenant at B2K Development's Long Beach waterfront mixed-use project.
• Cycle for SurvivalminorOthersJon Weiss and his wife are longtime supporters of Cycle for Survival, contributing to fundraising efforts that have generated more than $4 million for rare cancer research at Memorial Sloan Kettering Cancer Center.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• The Related Companies: Major integrated real estate developer with affordable, mixed-income, and market-rate housing developments across the U.S. Related's scale, mixed-use expertise, and NY presence make it a broad incumbent comparable for B2K's residential development pipeline.
• Welltower Inc. Senior housing and healthcare REIT that is a major acquirer of senior living portfolios. Welltower is comparable as the institutional capital buyer counterpart to operators like B2K, and reflects the institutional exit pathway B2K has demonstrated via the $600M Ventas sale.
• AvalonBay Communities: Large multifamily REIT with East Coast concentration including Long Island/New Jersey assets. AvalonBay's rental community portfolio is comparable to B2K's Sutton Landing and The Breeze rental products and provides a benchmark for institutional multifamily valuations.
• Toll Brothers: Large publicly-traded luxury homebuilder and developer with active adult (55+) product lines. Toll Brothers operates at greater scale across more geographies, including active adult communities comparable to B2K's Seasons and Sutton Landing brands.

Direct peers

• Atria Senior Living: One of the largest privately-held senior living operators in the U.S., Atria operates 250+ communities and competes directly with The Bristal for premium assisted living and memory care residents. Both companies focus on amenity-rich, professionally-managed communities and target similar demographic segments.
• Sunrise Senior Living: Major senior living operator with communities primarily on the East Coast. Sunrise is a direct comparable in assisted living, memory care, and independent living, competing with The Bristal for residents in similar NY/NJ markets.
• Five Star Senior Living: Senior living operator and services provider with communities concentrated in the Northeast. Five Star offers assisted living, memory care, and independent living comparable to B2K's senior living portfolio, making it a direct comparable for operating performance.
• Brookdale Senior Living: The largest senior living operator in the U.S. with 650+ communities. Brookdale's scale and East Coast footprint make it a direct competitor in assisted living and memory care, and a benchmark for senior living operating efficiency and labor cost management.

Regional players

• Tritec Real Estate Company: Long Island-based residential and commercial real estate developer. Tritec competes with B2K for Long Island sites, entitlements, and residential buyers in the same submarket, making it a relevant regional comparable.
• L+M Development Partners: NYC-based integrated developer of affordable, mixed-income, and market-rate housing. L+M's NY metro focus, mixed-use expertise, and partnership-driven model make it a regional comparable for B2K's residential development pipeline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/b2k-development
• Facebookfacebook.com/b2kdevelopment

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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 B2K Development