The Habitat Company

Name

The Habitat Company

Legal name

The Habitat Company LLC

Website

https://habitat.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Development and Property Management

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Affordable Housing Property Management (BPAJAGAJ)

akta.pro secondary industry

HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Multifamily property management
• Real estate development
• Affordable housing
• Mixed-income housing
• Residential property investment

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Development Fees: Fees earned from developing residential communities including market-rate, affordable, mixed-income, and condominium properties
2. Property Management Services: Ongoing property management fees for managing residential communities across market rate, affordable, mixed-income, and condominium sectors
3. Investment Returns: Returns from strategic capital investments in real estate acquisitions, repositioning underperforming properties, and affordable housing investments

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

The Habitat Company is a vertically integrated real estate firm that develops, manages, and invests in residential communities including market-rate apartments, affordable housing, mixed-income developments, and condominium properties. The company's portfolio encompasses nearly 19,000 apartment units across Illinois, New York, Michigan, and Minnesota, supported by a development pipeline of nearly $1 billion. It also operates a nonprofit affiliate, Generations Housing Initiatives, providing social services to affordable housing residents.

Product overview

The Habitat Company operates as a vertically integrated real estate platform offering development, property management, and investment services across market-rate, mixed-income, affordable housing, and condominium communities. Their portfolio includes residential properties across Illinois, New York, Michigan, and Minnesota, with notable projects including Cassidy on Canal (luxury riverfront living), 43 Green (mixed-income eTOD in Bronzeville), Marine Drive Redevelopment ($600+ million waterfront transformation in Buffalo), and The Bowery of Highland Park (227-unit townhome community). The company manages approximately 19,000 apartment units including more than 11,000 affordable and mixed-income homes, and oversees a development pipeline of nearly $1 billion. Their integrated platform enables oversight from concept through stabilization and long-term management.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Nearly 19,000 apartment units managed including more than 11,000 affordable and mixed-income homes
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core and major.

• M/I Homes of ChicagocoreStrategic or Co-development Partner · 8 April 2026Joint venture partnership to redevelop the former Solo Cup Company site into The Bowery of Highland Park, a 227-unit for-sale townhome community. M/I Homes serves as the homebuilder bringing extensive track record of for-sale housing to suburban markets.
• Buffalo Municipal Housing Authority (BMHA)coreStrategic or Co-development Partner · 17 December 2025Partner through affiliate Bridges Development for the Marine Drive Apartments redevelopment, preserving affordable housing on Buffalo's waterfront for generations.
• Duvernay + BrookscoreStrategic or Co-development Partner · 17 December 2025Development partner with Habitat and BMHA for the Marine Drive redevelopment project, contributing local expertise and development capabilities.
• Chicago Housing AuthoritycoreStrategic or Co-development Partner · 10 March 2020Partner in Ogden Commons development bringing mixed-income housing to North Lawndale, Chicago.
• Sinai Health SystemmajorStrategic or Co-development Partner · 10 March 2020Development partner for Ogden Commons, providing healthcare services as part of the mixed-use development's commercial space.
• Cinespace Chicago Film StudiosmajorStrategic or Co-development Partner · 10 March 2020Development partner for Ogden Commons, bringing film studio facilities as an economic driver to the North Lawndale community.
• Chicago Housing AuthoritycoreStrategic or Co-development PartnerLong-standing government partner for affordable housing development and management in Chicago.

Scale indicators11 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• WinnCompanies: One of the largest multifamily developers and managers in the U.S. with a major affordable housing focus. WinnCompanies manages ~100,000 units across market-rate, affordable, and mixed-income—directly comparable in business model, asset mix, and public-private development expertise to The Habitat Company.
• The Michaels Organization: Vertically integrated multifamily developer, owner, and manager specializing in affordable, market-rate, and student housing. Similar mid-Atlantic/Midwest geographic orientation, comparable unit count (~75,000 units), and shared reliance on LIHTC and public-private partnerships.
• Jonathan Rose Companies: Mission-driven real estate developer and investment manager focused on affordable and mixed-income multifamily housing. Comparable in size, asset class focus, and public-private partnership approach, with similar vertically integrated development-to-management operations.
• The Community Builders: Nonprofit developer and manager of affordable and mixed-income housing, primarily in the Northeast and Midwest. Comparable in mission, LIHTC reliance, vertical integration, and urban mixed-use project profile (similar to Ogden Commons and Marine Drive).
• BRIDGE Housing: Nonprofit affordable and mixed-income housing developer and manager focused on California and the Pacific Northwest. Similar vertically integrated model, LIHTC-driven financing, and strong emphasis on transit-oriented and mixed-use developments—comparable to Habitat's 43 Green eTOD project.
• Bozzuto Group: Mid-Atlantic-rooted multifamily developer, owner, and manager with ~80,000 units under management. Comparable as a vertically integrated multifamily platform with both market-rate and affordable exposure, though less concentrated in LIHTC-driven affordable housing than Habitat.
• McCormack Baron Salazar: Urban-focused affordable and mixed-income housing developer and manager specializing in complex public-private partnerships and HOPE VI/mixed-finance redevelopments. Highly comparable in mission, deal complexity, and resident mix to Habitat's urban affordable projects.
• Preservation of Affordable Housing (POAH): Nonprofit affordable housing owner and operator with ~12,000+ units across multiple states. Comparable in scale, mission orientation, LIHTC reliance, and long-term stewardship model—though Habitat's mixed-income and market-rate exposure is broader.

Broad incumbents

• Lincoln Property Company: One of the largest diversified real estate firms in the U.S. with significant multifamily management (~210,000 units) and development across geographies. Comparable as a third-party manager and developer, though much larger and broader in scope than The Habitat Company.
• Greystar Real Estate Partners: The largest multifamily property manager and a top developer globally with ~$320B AUM. Directly comparable on property management scale and multifamily development activity, though Habitat differentiates sharply on affordable housing specialization and public-private partnership depth.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubevimeo.com/user85891575
• Facebookfacebook.com/TheHabitatCompany
• LinkedInlinkedin.com/company/the-habitat-company
• Instagraminstagram.com/the_habitatcompany/?hl=en
• Xx.com/habitatcompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 The Habitat Company