DMB Associates

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.

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

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

• Master-planned community development
• Mixed-use real estate
• Commercial property development
• Residential community planning
• Land development services

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. 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.
3. 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

Core 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

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

Eight partnerships are on record, tiered core and minor.

• Brookfield Residential Properties, Inc.coreStrategic or Co-development PartnerDevelopment partner for Eastmark community in Mesa, Arizona. Brookfield Residential is a major residential real estate developer with operations across North America.
• Rancho Mission ViejocoreStrategic or Co-development PartnerLong-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.
• MacerichminorStrategic or Co-development PartnerDevelopment partner mentioned in the DMB portfolio, likely involved in commercial real estate components within master-planned communities.
• Marley-Corrigan FamilycoreStrategic or Co-development PartnerLand owners who have partnered with DMB on various development projects, contributing land assets to master-planned community developments.
• Moiso/O'Neill/Avery FamilycoreStrategic or Co-development PartnerLand 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, ArizonacoreStrategic or Co-development PartnerMunicipal 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 FoundationminorOthersListed as a land beneficiary in DMB's portfolio, indicating involvement in land transactions or conservation efforts.
• The Kemper & Ethel Marley FoundationminorOthersListed 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

Direct 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

• Xx.com/DMBassociates
• Facebookfacebook.com/DMBAssociates

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 DMB Associates