Farbman Group
Farbman Group is a family-owned, full-service commercial real estate firm managing 35 million+ square feet across the Midwest through eight subsidiaries spanning property management, brokerage, construction, receivership, and in-house mechanical/electrical services.
- Company typePrivate
- Founded1976
- HeadquartersDetroit, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Farbman Group does
Farbman Group is a privately held, family-owned full-service commercial real estate firm founded in 1976 in metro Detroit by Burton D. Farbman and Lee Stein. The company manages more than 35 million square feet of office, retail, industrial, multi-family, and medical properties across the Midwest, operating through a platform-plus-subsidiaries architecture that includes eight core operating units: NAI Farbman (brokerage via the NAI Global network), Huntington Construction Co. (commercial construction), Huntington Maintenance Company, FarbNET LLC (single-tenant net lease investment sales with over $5 billion in cumulative transactional volume), Apex Mechanical Solutions (HVAC/plumbing launched 2021), Apex Wall and Finish, Apex Circuitry (electrical), and ClimateGuard Pro (environmental monitoring launched 2026). It also operates in-house specialty practices spanning receivership, development and site selection, financial services (including historic tax credits and government funding), and a tenant services portal.
Revenue is generated through a mix of recurring fee-based streams and transactional fees: subscription/contract-based third-party property management over multi-year contracts, transaction-fee brokerage and net lease investment sales, professional-services fees from construction and receivership engagements, and ancillary maintenance/HVAC/electrical services. Pricing is quote-based and not publicly disclosed. The go-to-market motion is sales-led, anchored by 200+ in-house professionals, direct relationship-driven client development, and the NAI Global referral channel for international reach.
The firm serves commercial property owners, tenants, and investors across Michigan, Ohio, Illinois, Florida, and additional states, with notable client engagements including Wayne County (Old Wayne County Building restoration), Detroit Medical Center, the Drug Enforcement Agency, Comerica Park/Ford Field land acquisition, and Michigan State University (Fisher Building). Leadership is concentrated in the Farbman family — Andy Farbman (CEO) and David Farbman (Partner) — supported by President/CFO Andy Gutman and a deep operational bench of EVPs and SVPs across property management, construction, and financial services.
Farbman Group firmographics
Firmographics- Name
- Farbman Group
- Legal name
- Farbman Group
- Website
- https://farbman.com
- Company type
- Private
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Farbman Group is a family-owned, full-service commercial real estate firm managing 35 million+ square feet across the Midwest through eight subsidiaries spanning property management, brokerage, construction, receivership, and in-house mechanical/electrical services.
- Ownership category
- akta.pro rank
Farbman Group industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (531210), Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)
- akta.pro primary industry
- Real Estate Transaction Advisory & Due Diligence (FSAEAJAJ)
- akta.pro secondary industry
- Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)
Keywords
Where Farbman Group is headquartered
LocationHeadquarters
- HQ city
- Detroit
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
Farbman Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Property Management: Third-party commercial property management services managing over 35 million square feet of office, retail, and industrial space throughout the Midwest
- Brokerage Services: Commercial real estate brokerage including sales, leasing, and investment transactions through NAI Farbman platform
- Construction Services: Huntington Construction provides commercial construction services from tenant buildouts to adaptive re-use and new construction
- Receivership Services: Court-appointed receiver services managing distressed assets and asset repositioning for creditors and stakeholders
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Property Management Services |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Farbman Group product offering
Product offeringCore offering
Farbman Group is a full-service commercial real estate firm providing third-party property management for more than 35 million square feet of office, retail, industrial, and multi-family space, alongside commercial brokerage, construction, development, financial services, and receivership for distressed assets. Operating as NAI Farbman under the NAI Global affiliation, the firm serves commercial property owners, tenants, investors, and healthcare providers across the Midwest.
Product overview
Farbman Group is a full-service commercial real estate firm offering a comprehensive portfolio of interconnected services. The company operates as a platform-plus-modules architecture with core services (Commercial Property Management, Brokerage, Construction, Development, Financial Services, Receivership) supported by subsidiary organizations including NAI Farbman (brokerage platform), FarbNET (net lease investment sales), Huntington Construction (construction services), Huntington Maintenance Company (maintenance support), Apex Mechanical Solutions (HVAC), Apex Wall and Finish (contracting), Apex Circuitry (electrical), and ClimateGuard Pro (environmental monitoring). The company manages over 35 million square feet of commercial space across the Midwest and was founded in 1976, celebrating its 50th anniversary in 2026.
Differentiator
Problem solved
Functional benefit
Brands
- NAI Farbman: Commercial brokerage and investment sales platform operating as part of NAI Global, the largest brokerage and management organization in the world.
- Huntington Construction
- Huntington Maintenance Company
- Apex Mechanical Solutions
- FarbNET, LLC
- ClimateGuard Pro
- Apex Wall and Finish
- Apex Circuitry
- Farbman Cares
Products and services
- Commercial Property Management
Quantifiable outcome
- 50+ years in business with proven track record through multiple market cycles
- +1 more outcomes
Companies that use Farbman Group
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Farbman Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature2 records
Farbman Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NAI GlobalcoreNAI Global is the international real estate services organization providing Farbman Group with the institutional strength of one of the world's leading brokerage firms. Farbman operates as NAI Farbman, part of the largest brokerage and management organization in the world with transactional capabilities across the globe.
Scale indicators4 records
Recent moves9 records
Expansion highlights6 records
Farbman Group competitors and assessment
Company assessmentDirect peers
- Friedman Real Estate: Michigan-based full-service commercial real estate firm offering brokerage, property management, and investment services across the Midwest. Directly comparable to Farbman in scale, geography, and service mix, competing head-to-head for the same owner/tenant relationships in Southeast Michigan.
- Signature Associates: Grand Rapids-based full-service commercial real estate brokerage and property management firm serving Michigan and the Midwest. Directly competes with Farbman for the same owner/tenant base across Michigan markets with similar service offerings.
Broad incumbents
- Cushman & Wakefield: Global commercial real estate services firm offering brokerage, property management, valuation, and advisory across all major asset classes. Competes with Farbman on institutional mandates and large portfolio assignments, especially via NAI Global's overlap.
- JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm. Competes with Farbman for large owner mandates, capital markets transactions, and institutional property management in the Midwest.
- CBRE Group: World's largest commercial real estate services firm, providing investment sales, leasing, property management, and valuation. Competes with Farbman across virtually every Midwest submarket and asset class.
- Colliers International: Global commercial real estate services firm offering brokerage, property management, and advisory. Active in the Midwest through regional offices, competing with Farbman for institutional and owner-representative mandates.
- Newmark Group: Commercial real estate advisory and services firm with growing Midwest presence in brokerage, capital markets, and property management. Competes with Farbman on investment sales and leasing mandates.
- Marcus & Millichap: National investment real estate brokerage specializing in net lease and middle-market investment sales — directly comparable to Farbman's FarbNET platform. Significant overlap on single-tenant NNN deal flow.
- Lee & Associates: National commercial real estate brokerage and management firm with Midwest office presence. Competes with Farbman for brokerage, property management, and tenant/owner representation mandates in similar submarkets.
Others
- NAI Global: Global commercial real estate brokerage network of which Farbman is an affiliate (operating as NAI Farbman). Comparable as a network peer and indirect competitor through its other regional members operating in overlapping Midwest geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Farbman Group social profiles
Digital presenceFarbman Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Farbman Group leadership team
Management profileNumber of profiles
Profiles13 records
Farbman Group subsidiaries and ownership
Company hierarchySubsidiaries8 records
Farbman Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Farbman Group 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 Farbman Group
What does Farbman Group do?
Farbman Group is a full-service commercial real estate firm providing third-party property management for more than 35 million square feet of office, retail, industrial, and multi-family space, alongside commercial brokerage, construction, development, financial services, and receivership for distressed assets. Operating as NAI Farbman under the NAI Global affiliation, the firm serves commercial property owners, tenants, investors, and healthcare providers across the Midwest.
Is Farbman Group a public or private company?
Farbman Group is a private company. It is classified as family owned and is currently operating.
When was Farbman Group founded?
Farbman Group was founded in 1976. It employs 501 to 1,000 people.
Where is Farbman Group based?
Farbman Group is headquartered in Detroit, United States, in the North America region.
How does Farbman Group make money?
Four revenue lines are on record. Property Management is the primary driver. The others are brokerage Services, construction Services and receivership Services.
Who are Farbman Group's main competitors?
Direct peers on record are Friedman Real Estate and Signature Associates. Broad incumbents are Cushman & Wakefield, JLL (Jones Lang LaSalle), CBRE Group, Colliers International, Newmark Group, Marcus & Millichap and Lee & Associates. NAI Global is listed as an others.
Does Farbman Group have an API?
No public API is recorded for Farbman Group.
What industry is Farbman Group in?
Farbman Group's product category is Commercial Real Estate Services. Its primary akta.pro industry code is FSAEAJAJ, Real Estate Transaction Advisory & Due Diligence, with a secondary code of BPAJANAF, Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships). Its NAICS code is 53131 and its SIC code is 6531.