The Engel Burman Group

What The Engel Burman Group does

The Engel Burman Group, operating primarily through its B2K Development brand, is a privately-held, fully integrated real estate company headquartered at 300 Jericho Turnpike, Jericho, NY. Founded in 1998, the firm has developed over 10 million square feet of property across four primary verticals: residential (55+ active adult, non-age restricted, luxury single-family and multifamily), commercial (office, industrial, retail), senior living (assisted living, independent living, active adult, memory care), and healthcare properties. Its operating footprint spans Long Island, NY and New Jersey. The firm self-describes as a "fully integrated" platform that combines divisional expertise across design, development, construction, and ongoing property management, enabling a single-source-responsibility model for clients and residents.

The company's business model operates across three revenue streams: (1) real estate development, monetized through development fees, equity participation, and project ownership; (2) general contracting and construction services, monetized through construction contracts, project management fees, and builder margins; and (3) property management, monetized through recurring management fees tied to property size and occupancy. Go-to-market is enterprise field sales targeting property owners, investors, healthcare and senior living operators, with a supplemental referral-based pipeline from financial institutions and professional networks. Named flagship assets include The Bristal at Armonk (senior living), Aqua on the Ocean (luxury residential), and 401 Franklin Avenue (mixed-use residential).

Leadership is family-anchored and tenured, with Jan Burman as Chairman (honored with the ABLI Lifetime Achievement Award), Steven Krieger as CEO, David Burman as Principal & President of Development, and Jonathan Weiss as Principal & President of Construction. The leadership team is cited as carrying 100+ years of combined experience. The company is privately held with no disclosed external investors, no funding rounds on record, and no public listing. Pricing is project-specific and quote-based with no publicly disclosed tiers.

Name

The Engel Burman Group

Legal name

B2K Development

Website

https://engelburman.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

501–1,000 employees

Short description

The Engel Burman Group (operating as B2K Development) is a privately-held, fully integrated real estate firm headquartered in Jericho, NY that develops, constructs, and manages residential, commercial, senior living, and healthcare properties across Long Island, NY and New Jersey, with over 10 million square feet developed since 1998.

Ownership category

akta.pro rank

Headquarters

HQ city

Jericho

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development: Full-cycle real estate development services including site acquisition, entitlement, design, construction management, and project delivery for residential, commercial, senior living, and healthcare properties. Revenue is generated through development fees, equity participation, and project ownership.
2. General Contracting and Construction Services: Construction and general contracting services offered as a direct service to clients. Revenue generated through construction contracts, project management fees, and builder margins on completed projects.
3. Property Management: Ongoing property management services for residential, senior living, and commercial properties. Revenue generated through management fees based on property size and occupancy.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

The Engel Burman Group (B2K Development) is a fully integrated real estate firm that develops, constructs, and manages residential communities, commercial properties, senior living facilities, and healthcare properties across Long Island, NY and New Jersey. Revenue is generated through development fees, construction/general contracting contracts, and ongoing property management engagements. Named property brands include The Bristal senior living communities, Aqua on the Ocean, and 401 Franklin Avenue.

Product overview

B2K Development is a fully integrated real estate company operating as a single unified platform that spans the entire real estate development lifecycle — from concept through completion and beyond. The company offers a cohesive portfolio of services including residential development (55+ and non-age restricted communities), commercial real estate (office buildings, industrial properties, retail establishments), senior living (assisted living, independent living, active adult, and memory care communities), and healthcare properties. Named property brands include The Bristal at Armonk (senior living), Aqua on the Ocean, and 401 Franklin Avenue (residential), alongside construction and general contracting services. The company integrates cross-departmental expertise across development, construction, and property management.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Development Designs, develops, and builds residential communities, including 55+ active adult and non-age restricted developments, offering services and amenities with high standards of quality and value for property owners and investors.
• Commercial Real Estate Development Wide-spanning commercial real estate portfolio including office buildings, industrial properties, and retail establishments, providing advanced real estate solutions from new development to redevelopment for property owners and investors.
• Senior Living Development Development of senior living communities including assisted living, independent living, active adult, and specialized memory care communities, serving senior living operators and healthcare organizations across Long Island, NY and New Jersey.
• Construction & General Contracting Services Provides construction and general contracting services for real estate development projects, delivering builder margins and project management fees on completed construction work for property owners and developers.
• Healthcare Property Development Development of healthcare properties, including medical office and specialized care facilities, as part of the firm's integrated real estate portfolio serving healthcare operators and investors.
• Property Management Ongoing property management services for residential, senior living, and commercial properties, generating management fees based on property size and occupancy for property owners and investors.

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Atria Senior Living: Major national senior living operator with communities in the Northeast including assisted living, independent living, and memory care. Direct competitor to The Bristal portfolio in the same geography and same product categories.
• Brookdale Senior Living: Largest US senior living operator with broad Northeast footprint. Competes directly with The Bristal brand in assisted living and memory care, and represents the type of scaled operator B2K would face if expanding outside its current geography.
• Toll Brothers: National luxury residential homebuilder active in the Northeast US, including luxury single-family and multifamily developments. Comparable to B2K's residential development vertical, particularly for high-end communities such as Aqua on the Ocean.
• Life Care Services (LCS): Senior living developer, owner, and operator with significant Northeast presence including independent living, assisted living, and memory care. Comparable to B2K's integrated developer-operator model in the senior living vertical.
• Benchmark Senior Living: Northeast-focused senior living operator with assisted living, memory care, and independent living communities. Closest geographic competitor to The Bristal with a similar mid-Atlantic to New England footprint.
• Sunrise Senior Living: National senior living operator with a significant Northeast presence across assisted living, independent living, and memory care. Comparable to B2K's senior living vertical in geography, service mix, and customer base.
• PulteGroup: National homebuilder with active adult (55+) communities that overlap directly with B2K's residential and active adult offerings. Provides a benchmark for scaled residential development operations.

Broad incumbents

• Lennar Corporation: One of the largest US homebuilders with active adult and age-restricted product lines. Operates at vastly greater scale but overlaps with B2K's residential and 55+ community offerings.
• The Related Companies: Large, diversified New York-based real estate developer with senior living (Related Senior Living), residential, commercial, and mixed-use developments. Operates at far greater scale than B2K but overlaps directly across all four of B2K's verticals in the same Northeast geography.

Regional players

• Eastview Companies: Regional real estate developer active in the Northeast US with mixed-use, residential, and senior living projects. Closely comparable to B2K in regional scale, integrated development model, and product mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/b2k-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 The Engel Burman Group