Roundhouse

What Roundhouse does

Roundhouse is a fully integrated multifamily real estate developer and third-party property manager headquartered in Boise, Idaho, operating across more than 20 markets in the Mountain West region (Idaho, Montana, Utah, and Colorado). Founded in 2008 in Los Angeles (originally as LocalConstruct) and relaunched from Boise in 2020, the company develops, acquires, and operates multifamily housing, reporting a portfolio of more than 8,000 multifamily homes and over $1B in assets under management across 20+ projects including The Hayes, Cycle Apartments, Hearth on Broad, Blackbirds, Snowfarm, and The Fowler. Its platform combines ground-up development, adaptive reuse, property management, asset management, and pre-development advisory services delivered to institutional and private property owners with a minimum asset threshold of 100 units.

The product surface spans third-party property management services (operations, leasing, maintenance, accounting, marketing and lease-up), advisory services (financial analysis, due diligence, transition, pre-development consulting), and an institutional technology platform built on Yardi for property management and accounting, supplemented by Canopy Analytics for business intelligence, Leonardo 247 for operational visibility, Kingsley for tenant satisfaction measurement, and Modern Message for resident engagement. Roundhouse generates revenue through recurring management fees on third-party assets, development and construction revenue from owned and partner projects, asset management returns on its $1B+ owned portfolio, and professional services fees for advisory engagements; pricing is bespoke and not publicly disclosed.

Commercially, the company operates a sales-led enterprise field sales motion targeting Mountain West property owners and developers, supported by direct relationship development, design and sustainability credentials (LEED Gold, Fitwel), and earned media coverage in Bloomberg, LA Times, AIA, and Multi Housing News. Leadership is founder/management-led with no disclosed external private equity or venture capital backing, with Casey Lynch as CEO, Dan DeMitro as President, Katie Vila as COO, and David Buck as CIO.

Name

Roundhouse

Legal name

Roundhouse Communities LLC

Website

https://rndhouse.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Roundhouse is a fully integrated multifamily developer and third-party property manager operating across the Mountain West. The company develops, acquires, and manages over 8,000 multifamily homes and $1B+ in assets across 20-plus markets in Idaho, Montana, Utah, and Colorado.

Ownership category

akta.pro rank

Product category

Real Estate Property Management

NAICS

Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Multifamily development
• Property management services
• Residential real estate operations
• Apartment community management
• Real estate development

Headquarters

HQ city

Boise

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Property Management Fees: Roundhouse generates recurring management fees from third-party property owners and developers for operating their multifamily assets. Services include leasing, maintenance, accounting, marketing, and lease-up operations.
2. Development & Construction Revenue: Roundhouse develops and constructs multifamily housing projects for its own portfolio and potentially for third-party developers, generating revenue through ground-up development, adaptive reuse, and value-add redevelopment projects.
3. Asset Management: As an owner-operator with over $1B in assets under management and 8,000+ multifamily homes, Roundhouse earns returns on its own portfolio through rental income, appreciation, and operational performance.
4. Advisory & Consulting Services: Roundhouse provides pre-development consulting, financial analysis, due diligence, and transition services to property owners and developers, including proforma development, competitive market analysis, rent recommendations, and capital improvements strategy.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Roundhouse is a fully integrated multifamily real estate developer and operator based in Boise, Idaho. The company develops, owns, and operates apartment communities in the Mountain West region and also delivers third-party property management services to owners of multifamily assets. Its offering spans the full real-estate lifecycle—from development and construction oversight to leasing, operations, and asset management.

Product overview

Roundhouse is a fully integrated developer and operator of multifamily housing offering third-party property management services. The company operates a platform-based model combining operations services (management, leasing, maintenance, accounting), marketing and lease-up services, advisory services (financial analysis, due diligence, pre-development consulting), and an institutional technology platform. The technology stack includes Canopy Analytics for business intelligence, Leonardo 247, Kingsley, and Modern Message as property technology tools integrated with Yardi and other software. Roundhouse has developed and acquired a portfolio of over 8,000 multifamily homes across the Mountain West region.

Differentiator

Problem solved

Functional benefit

Products and services

• Third-party multifamily property management Property management services delivered to owners of multifamily assets, covering leasing, resident services, accounting, and ongoing operations. Targeted at owners, sponsors, and investors of apartment communities in the Mountain West region.
• Multifamily real estate development and ownership Development, construction oversight, and ownership of multifamily apartment communities, primarily in the Boise, Idaho market and broader Mountain West region. Designed for direct operation and long-term asset ownership by the firm.

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

One partnership is on record.

• True TicketsminorStrategic or Co-development Partner · 10 February 2026True Tickets partnered with Roundhouse (along with Royal Ballet & Opera) to integrate Twickets' face value resale marketplace into True Tickets' digital ticketing platform for UK arts and cultural venues. Roundhouse will launch this feature as a pilot venue partner as UK venues prepare for upcoming resale legislation prohibiting above-face-value sales. This is not a core property management partnership but rather related to Roundhouse's venue/event space operations.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Greystar Real Estate Partners: Greystar is the largest multifamily property manager and operator in the US, managing ~800,000 units globally. It is the closest large-scale analog to Roundhouse's integrated developer-plus-third-party-manager model, but at vastly greater scale and broader geographic footprint.
• Lincoln Property Company: Lincoln Property Company is a top-3 US multifamily property manager with an integrated development, investment, and management platform. Comparable to Roundhouse in offering end-to-end services but operates nationally and at materially greater AUM scale.
• Cushman & Wakefield (Multifamily): Cushman & Wakefield's multifamily capital markets and asset services division serves institutional owners in markets overlapping Roundhouse's. Comparable as a real estate services platform, though broader in scope than Roundhouse's pure multifamily focus.

Direct peers

• Avenue5 Residential: Avenue5 Residential is a multifamily third-party property manager managing ~150,000+ units across the western and southern US. It is the closest direct peer to Roundhouse's third-party management offering, with similar focus on regional/institutional owners.
• Asset Living: Asset Living is one of the largest third-party multifamily managers in the US, with a strong footprint across secondary markets in the West and Sun Belt. Highly comparable to Roundhouse's institutional third-party management positioning.
• Bozzuto Group: Bozzuto is an integrated multifamily developer, owner, and property manager focused on luxury and Class A product in select markets. Comparable to Roundhouse in integrated model and design-forward positioning, though more East Coast focused.
• BH Management Services: BH Management is a top-10 US multifamily third-party manager with an institutional client base. Closely comparable to Roundhouse's institutional-grade property management offering and similar technology-forward positioning.
• WinnCompanies: WinnCompanies is an integrated multifamily developer, owner, and manager with a notable affordable housing focus, comparable to Roundhouse's affordable housing capabilities. It operates nationally but with similar mixed-rent model.
• RPM Living: RPM Living is a multifamily third-party manager and developer with a strong Sun Belt and Mountain/Southwest footprint. Comparable in integrated approach and regional focus on high-growth secondary markets.
• Willow Bridge Property Company: Willow Bridge (formerly Lincoln-based subsidiary) is a top US multifamily third-party manager with significant Sun Belt and Mountain West presence. Highly comparable to Roundhouse's institutional third-party management model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights6 records

Customer concentration

• Facebookfacebook.com/roundhousecommunities
• LinkedInlinkedin.com/company/roundhousegroup
• Instagraminstagram.com/rndhouse

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 Roundhouse