North America Sekisui House

What North America Sekisui House does

North America Sekisui House (NASH) is a US real estate development company and wholly-owned subsidiary of Sekisui House, Ltd., Japan's largest homebuilder. Established in 2010 and headquartered in Arlington, Virginia, NASH develops master-planned communities, mixed-use developments, and urban multifamily residential properties across more than twelve US states, with offices in Arlington (East Coast HQ), Kirkland (Southwest), and La Jolla (California). The company operates a portfolio exceeding 30 active suburban master-planned communities (including Tehaleh, Nexton, Briar Chapel, Reed's Crossing, Brighton Crossings, Alamar, and Blossom Rock) and approximately 20 urban infill and transit-oriented developments (including The Ivey on Boren, Hallasan, Vespr, Gateway Crossing, and City Ridge).

NASH executes its development pipeline principally through joint ventures with institutional partners rather than direct construction. Flagship co-developer Brookfield Properties is the primary partner across the suburban MPC portfolio, while Holland Partner Group anchors the urban multifamily pipeline on the West Coast; RangeWater Real Estate and Roadside Development extend reach into the Southeast multifamily and DC mixed-use markets, respectively. Each master-planned community hosts 5-12 homebuilder partners selling to individual homebuyers, while multifamily properties are leased via property management partners and commercial spaces are leased directly to retailers and office tenants (e.g., Wegmans at City Ridge, Whole Foods at The Daphne). The company's differentiation rests on the parent's 60+ year heritage in sustainable community planning, Built Green Three-Star certification at Tehaleh, and APRA recognition at Alamar, with no proprietary technology platform disclosed.

NASH's revenue model is hybrid: one-time land/lot sales to homebuilders in MPCs, recurring rental income from multifamily JV properties, and recurring commercial leasing income from retail and office cores within communities. The company has no public listing, operates with 51-100 employees, and functions as the North American capital and planning platform for its Japanese parent rather than as an independent venture-backed operator.

Name

North America Sekisui House

Legal name

North America Sekisui House, LLC

Website

https://nashcommunities.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

North America Sekisui House (NASH) is a US real estate developer and subsidiary of Japan's Sekisui House that builds master-planned communities, urban multifamily towers, and mixed-use developments through joint ventures with partners such as Brookfield Properties and Holland Partner Group.

Ownership category

akta.pro rank

Product category

Master-Planned Community Development

NAICS

Land Subdivision (2372), Lessors of Residential Buildings and Dwellings (531110), Real Estate (531)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Mixed-Use Property Management (BPAJAGAE), Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)

Keywords

• Master-planned communities
• Mixed-use development
• Real estate development
• Multifamily housing
• Sustainable communities

Headquarters

HQ city

Arlington

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Single-family home sales: Revenue from selling single-family homes in master-planned communities developed through joint ventures. Homebuilders operating within NASH communities purchase land and sell homes to end consumers.
2. Multifamily rental income: Revenue from apartment and condominium properties developed and operated through joint ventures. Properties include urban multifamily towers and suburban rental communities.
3. Commercial leasing: Revenue from retail, office, and mixed-use commercial spaces within master-planned communities and urban developments. Commercial cores within communities include retail centers, office space, and amenity facilities.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

NASH is a real estate development company and wholly owned US subsidiary of Sekisui House, Ltd., Japan's largest homebuilder. The company develops master-planned communities, mixed-use developments, and multifamily residential properties across the United States through joint ventures with partners including Brookfield Properties, Holland Partner Group, RangeWater Real Estate, and Roadside Development. NASH's portfolio includes over 30 active suburban master-planned communities and 20 urban infill and transit-oriented developments spanning coast-to-coast, focused on sustainable, environmentally sound community development aligned with the parent company's 60+ year heritage in homebuilding.

Product overview

North America Sekisui House (NASH) is a real estate development company and wholly owned subsidiary of SEKISUI HOUSE, LTD, Japan's largest homebuilder. NASH develops master-planned communities, mixed-use developments, and multifamily residential properties across the United States. Their portfolio includes over 30 active suburban master-planned communities (such as Tehaleh, Nexton, Briar Chapel, Brighton Crossings, and Reed's Crossing) and 20 urban-infill and transit-oriented developments (including properties like The Ivey on Boren, Gateway Crossing, Hallasan, and West). Projects range from large-scale master-planned communities with thousands of homes, retail, and commercial space to high-rise multifamily residential towers. Many developments are undertaken as joint ventures with partners including Brookfield Properties, Holland Partner Group, and RangeWater Real Estate. The company focuses on sustainable, environmentally sound community development aligned with their parent company's philosophy of ecological balance and asset appreciation.

Differentiator

Problem solved

Functional benefit

Products and services

• Tehaleh
• Nexton
• Briar Chapel

Quantifiable outcome

• Three-Star rating (highest tier) from regional building association's Built Green Community program for Tehaleh
• +1 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered flagship and core.

• Brookfield PropertiesflagshipStrategic or Co-development Partner · 1 January 2011Major joint venture partner for master-planned community development. NASH entered joint venture with Brookfield Properties in spring 2011 to acquire and develop Tehaleh (4,700-acre, 6,400+ home community). Brookfield Properties serves as co-developer on numerous major communities including Reed's Crossing, Elyson, The Grove, RiverLights, Embrey Mill, Bexley, Wendell Falls, Sweetwater, Canyon Falls, Waterset, Briar Chapel, Blossom Rock, Alamar, and others. Brookfield Properties is one of NASH's primary development partners for large-scale residential communities.
• Holland Partner GroupflagshipStrategic or Co-development PartnerJoint venture partner for multifamily and mixed-use developments. Holland Partner Group partners with NASH on urban high-rise and suburban multifamily projects including Gateway Crossing (Coleman Highline in Santa Clara, 724 units), The Torrey (San Diego, 450 units under construction), Vicino (Bellevue, 402 units opened 2024), The Ivey on Boren (Seattle, 406 units opened 2022), The Ayer (Seattle, 454 units opened 2024), The Lark Uptown (Oakland, 330 units opened 2024), The Daphne (Los Angeles, 311 units under construction), Paxton (Huntington Beach, 346 units opening 2025), Resa (Long Beach, 271 units opened 2025), and multiple other properties including West, Town & Country, Hallasan, Maestro, 2200 Calle de Luna, Lydian, 1717 Webster, Vespr, Savanna, and Ruby at the Society.
• RangeWater Real EstatecoreStrategic or Co-development PartnerDevelopment partner for The Kingsman (Charlotte, NC - 350 units opened May 2025) and Camino (Doraville, GA - 303 units opened March 2025). RangeWater Real Estate specializes in multifamily development across the Southeastern US.
• Roadside DevelopmentcoreStrategic or Co-development PartnerDevelopment partner for City Ridge project in Washington, DC (690 apartments, 330,000+ SF commercial). Roadside Development is a Washington DC-based real estate development company.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Shea Homes: Large-scale residential developer with master-planned communities across California, Arizona, Nevada, Colorado, and Florida; comparable to NASH for combining master-planned community development with homebuilder operations in the same Western US footprint.
• Woodside Homes: Regional production homebuilder focused on master-planned communities in the Western US; comparable homebuilder-partner profile and subdivision footprint with NASH.
• Holland Partner Group: Flagship JV partner of NASH on 15+ multifamily towers across major West Coast metros; directly comparable urban multifamily development and residential property management platform.
• Five Point Holdings: Master-planned community developer of Great Park (Irvine, CA) and other large-scale mixed-use communities; directly comparable to NASH in developing thousands of entitled residential units with homebuilder partner networks and mixed-use cores.
• RangeWater Real Estate: Southeast-focused multifamily developer and JV partner of NASH (Kingsman 350 units, Camino 303 units); directly comparable as a multifamily co-developer and operator in NASH's Southeast footprint.
• Newland Communities: Pure-play master-planned community developer with projects across the Sun Belt; the closest type-pure comparator to NASH for building entitled, amenitized residential communities from scratch.
• Brookfield Properties: Flagship JV partner of NASH on 15+ master-planned communities and a top-tier US land developer; direct peer on residential master-planning at scale, although Brookfield also operates an office portfolio that NASH does not.

Broad incumbents

• KB Home: National production homebuilder with deep exposure to California, Arizona, Nevada, Colorado, and Texas entry-level and first-move-up homes - the same metros where NASH delivers entitled lots; comparable as the builder-side counterpart of NASH's community model.
• Lennar Corporation: One of the largest US homebuilders with a national land acquisition strategy; comparable in scale of communities and entitling activity, although Lennar owns and operates more directly.
• Toll Brothers: National luxury homebuilder with operations in NASH geographies (Seattle, Portland, Phoenix, Dallas, Raleigh, DC); comparable as the premium-position homebuilder partner within NASH master-planned communities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nashcommunities

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 North America Sekisui House