DMB Associates
DMB Associates is a privately held real estate developer founded in 1984 that builds master-planned residential communities and mixed-use commercial properties in Arizona, California, Hawaii, and Utah, serving homebuyers, homebuilders, commercial tenants, and municipalities through joint developments with landowners, capital partners, and co-developers.
- Company typePrivate
- Founded1984
- HeadquartersScottsdale, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What DMB Associates does
DMB Associates, Inc. is a privately held real estate development firm founded in 1984 and headquartered in Scottsdale, Arizona. The company specializes in master-planned community development and mixed-use commercial real estate, developing and operating large-scale residential and commercial properties across Arizona, California, Hawaii, and Utah. Its active portfolio includes Verrado (Buckeye, AZ), Eastmark (Mesa, AZ, co-developed with Brookfield Residential), One Scottsdale (a 120-acre mixed-use project with Class-A office, hospitality, retail, and up to 2,000 residential units), and Rancho Mission Viejo (a 23,000-acre Southern California community entitled for 14,000 homes). Legacy projects include DC Ranch, Marley Park, Power Ranch (Arizona), Ladera Ranch and Martis Camp (California), and Kukui'ula (Hawaii).
The business model is built on a joint-development capital structure: DMB brings master-planning expertise, entitlement capability, and capital coordination, while partners — landowners (Marley-Corrigan, Moiso/O'Neill/Avery families), municipalities (City of Mesa), strategic co-developers (Brookfield Residential, Macerich), and private equity (Argonaut Private Equity) — contribute land, capital, and operational scale. Revenue is generated primarily through one-time residential lot sales to homebuyers and homebuilder partners, supplemented by commercial space leasing/sales within mixed-use projects (retail, Class-A office, hospitality) and appreciation-driven exits on co-developed assets. The company has a particular focus on integrated lifestyle communities featuring parks, golf, nature preserves, and amenitized active-adult sub-communities such as Victory at Verrado (55+).
DMB positions itself on depth of land-use entitlement expertise, multi-decade institutional relationships with landowners and municipalities, and the ability to honor each site's natural and cultural heritage while delivering commercial returns. It sells primarily through direct channels (company website, phone, email) and through homebuilder partners who purchase lots in bulk to construct and resell homes. The firm is founder-led, with Drew M. Brown as Chairman and Mark Sklar as Founding Partner, and is operated by a C-suite including President Bennett Dorrance, CFO Brian Bohart, and COO Dan T. Kelly.
DMB Associates firmographics
Firmographics- Name
- DMB Associates
- Legal name
- DMB Associates, Inc.
- Website
- https://dmbinc.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- DMB Associates is a privately held real estate developer founded in 1984 that builds master-planned residential communities and mixed-use commercial properties in Arizona, California, Hawaii, and Utah, serving homebuyers, homebuilders, commercial tenants, and municipalities through joint developments with landowners, capital partners, and co-developers.
- Ownership category
- akta.pro rank
DMB Associates industry classification
Industry- Product category
- Master-Planned Community Development
- NAICS
- Land Subdivision (23721), Land Subdivision (2372), New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)
Keywords
Where DMB Associates is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
DMB Associates business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Residential Property Sales: DMB develops master-planned communities and sells residential lots and homes to individual homebuyers. Revenue is generated through direct property sales within communities like Verrado, Eastmark, and One Scottsdale.
- Commercial Real Estate Development: Development and leasing of commercial spaces including retail, office, and hospitality within master-planned communities. Includes Class-A office space, retail restaurants, and hotels.
- Joint Development Capital: Together with development partners, DMB provides capital to fund expansive community developments. Revenue generated through property appreciation and sales.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
DMB Associates product offering
Product offeringCore offering
DMB Associates develops master-planned residential communities and mixed-use commercial real estate projects, selling residential lots and homes to individual homebuyers and commercial spaces to business tenants. The firm partners with landowners, municipalities, homebuilders, and investors to entitle, plan, and deliver large-scale communities such as Verrado, Eastmark, Rancho Mission Viejo, and One Scottsdale. Revenue is generated through direct property sales, lot sales to homebuilders, and joint development capital arrangements.
Product overview
DMB Associates is a diversified real estate development company offering master-planned communities and mixed-use commercial developments. Their portfolio includes active projects (Verrado, Rancho Mission Viejo, Eastmark, One Scottsdale) and legacy projects (DC Ranch, Marley Park, Power Ranch, Ladera Ranch, Martis Camp, Kukui'ula). The company provides comprehensive development services combining residential, retail, office, and hospitality offerings with a focus on land preservation and community-building.
Differentiator
Problem solved
Functional benefit
Products and services
- Verrado
- Rancho Mission Viejo
- Eastmark
- One Scottsdale
Companies that use DMB Associates
Customer profileSegments5 records
Ideal customer profiles5 records
DMB Associates technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DMB Associates partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Brookfield Residential Properties, Inc.coreDevelopment partner for Eastmark community in Mesa, Arizona. Brookfield Residential is a major residential real estate developer with operations across North America.
- Rancho Mission ViejocoreLong-term development partner for the Rancho Mission Viejo master-planned community in Southern California. DMB and Rancho Mission Viejo provided capital to fund this expansive development entitled for 14,000 homes.
- MacerichminorDevelopment partner mentioned in the DMB portfolio, likely involved in commercial real estate components within master-planned communities.
- Marley-Corrigan FamilycoreLand owners who have partnered with DMB on various development projects, contributing land assets to master-planned community developments.
- Moiso/O'Neill/Avery FamilycoreLand owners and development partners for the Rancho Mission Viejo project. This family partnered with DMB to plan and develop one of the most acclaimed communities in the country.
- City of Mesa, ArizonacoreMunicipal government partner for the Eastmark development. The city has partnered with DMB and Brookfield Residential to create a world-class master-planned community at the center of the region's growing economy.
- Caterpillar FoundationminorListed as a land beneficiary in DMB's portfolio, indicating involvement in land transactions or conservation efforts.
- The Kemper & Ethel Marley FoundationminorListed as a land beneficiary in DMB's portfolio, indicating involvement in land transactions or conservation efforts.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
DMB Associates competitors and assessment
Company assessmentDirect peers
- Meritage Homes: Public homebuilder with a large master-planned community presence in Arizona, California, and Texas. Often a partner/bulk lot buyer within DMB-style master plans.
- Brookfield Residential Properties: Major North American master-planned community and homebuilder. Brookfield is DMB's JV partner on Eastmark and operates an identical build-to-sell residential subdivision model with the same single-family and active-adult focus.
- Shea Homes: Long-standing Arizona/California-based master-planned community developer and homebuilder. Shea competes directly with DMB in Phoenix-area master plans and luxury 55+ communities.
- Five Point Holdings: Public master-planned community developer (Great Park Neighborhoods in Irvine; Valencia). Same entitlement-and-sell-through-to-homebuilders model, same California focus as DMB.
- Toll Brothers: Luxury homebuilder active in master-planned communities across AZ, CA, and NV, including 55+ communities that overlap DMB's target buyer. Toll is a typical lot-purchaser within DMB's communities.
- Irvine Company (Irvine Ranch): Owner/developer of the Irvine Ranch master-planned community and operator of mixed-use commercial real estate in Orange County. Same blend of large-scale, mixed-use, multi-decade community development as DMB.
- Tri Pointe Homes: Multi-brand homebuilder with significant activity in Arizona, California, and Nevada master-planned communities. Direct overlap with DMB's geographic footprint and builder customer base.
Broad incumbents
- PulteGroup: National, public homebuilder (Pulte, Centex, Del Webb for 55+) operating across DMB's geographies, including Sun Belt master plans. Overlaps DMB as both a buyer of lots within DMB communities and a competitor in active-adult.
Emerging players
- Landsea Homes: Growing homebuilder focused on master-planned communities in AZ, CA, FL, and TX. Smaller scale than DMB but participates directly in the same Sun Belt master-plan channels.
Others
- Forestar (a Daiwa House group company): Public Texas-based residential land developer that entitles and sells lots to homebuilders within master-planned communities. Closely analogous role to DMB's land-development and entitlement function.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
DMB Associates social profiles
Digital presenceDMB Associates financial estimates
Financial estimateRevenue estimate
Valuation estimate
DMB Associates leadership team
Management profileNumber of profiles
Profiles8 records
DMB Associates funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DMB Associates 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 DMB Associates
What does DMB Associates do?
DMB Associates develops master-planned residential communities and mixed-use commercial real estate projects, selling residential lots and homes to individual homebuyers and commercial spaces to business tenants. The firm partners with landowners, municipalities, homebuilders, and investors to entitle, plan, and deliver large-scale communities such as Verrado, Eastmark, Rancho Mission Viejo, and One Scottsdale. Revenue is generated through direct property sales, lot sales to homebuilders, and joint development capital arrangements.
Is DMB Associates a public or private company?
DMB Associates is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was DMB Associates founded?
DMB Associates was founded in 1984. It employs 101 to 250 people.
Where is DMB Associates based?
DMB Associates is headquartered in Scottsdale, United States, in the North America region.
How does DMB Associates make money?
Three revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Real Estate Development and joint Development Capital.
Who are DMB Associates's main competitors?
Direct peers on record are Meritage Homes, Brookfield Residential Properties, Shea Homes, Five Point Holdings, Toll Brothers, Irvine Company (Irvine Ranch) and Tri Pointe Homes. PulteGroup is listed as a broad incumbent. Landsea Homes is listed as an emerging player. Forestar (a Daiwa House group company) is listed as an others.
Does DMB Associates have an API?
No public API is recorded for DMB Associates.
What industry is DMB Associates in?
DMB Associates's product category is Master-Planned Community Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of IMAFABAE, Residential Design-Build & Renovation-Integrated Builders. Its NAICS code is 23721 and its SIC code is 6552.