What Village Real Estate does

Village Real Estate, operating under the brand "Core Development" (DBA: Core), is a privately held urban residential real estate development firm headquartered at 2206 21st Avenue South, Suite 200, Nashville, Tennessee. The company is led by founder Mark Deutschmann and is also reported to have Hunter Connelly in a CEO capacity. Core Development specializes in neighborhood-focused, infill residential real estate across Nashville's urban core and Middle Tennessee submarkets, with a portfolio that includes boutique condominiums, adaptive-reuse loft conversions, townhomes, and mixed-use projects. Notable named projects include Six10 Merrit, Gentry Way, 12th & Paris, Werthan Lofts, Twelve60 Martin, Kress Lofts, Segment, 7th & Taylor, and the multi-phase Alloy Development near the Nashville Fairgrounds, which alone delivers 180 condos plus retail in Phase 1 and 20 residences in Phase 2 on Tech Hill.

The company reports 1,200+ homes delivered, 1.4 million square feet delivered, and 400,000+ square feet currently under development over a 20+ year operating history. Core's product innovation includes "Stackable Condos," described as a first in Nashville, representing modular residential construction. The firm sells directly to individual homebuyers and investors through direct property sales rather than through third-party brokerage channels. Investor relations are managed through a Juniper Square investor portal, and the firm operates a "CORE FUND" initiative tied to its community-building ethos. There is no proprietary technology platform; the business operates as a traditional project-based real estate developer with sustainability and neighborhood character as stated guiding principles. Revenue is not publicly disclosed, and pricing varies by project.

The firm is privately held with no disclosed parent company, no disclosed funding rounds, and no public listing. Its geographic footprint is regional — concentrated in Middle Tennessee — though news coverage references a Chattanooga Times Free Press article about commercial sites in Chattanooga, suggesting potential adjacent-market exploration. The company has received Urban Land Institute recognition (for Gentry Way) and has been featured in Nashville Business Journal, Tennessean, Nashville Post, NewsChannel 5, and City Now Next, supporting brand visibility in its core market.

Name

Village Real Estate

Legal name

Core Development

Website

https://villagerealestate.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

Village Real Estate (dba Core Development) is a privately held Nashville-based urban residential real estate developer that delivers boutique condos, adaptive-reuse lofts, townhomes, and mixed-use projects across Middle Tennessee, with 1,200+ homes delivered over 20+ years.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (2372), Residential Building Construction (2361)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531), Investors, Nec (6799)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)

Keywords

• Urban real estate development
• Residential construction
• Neighborhood revitalization
• Adaptive reuse projects
• Mixed-use development

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Distribution channels1 record

Marketing channels4 records

Core offering

Village Real Estate (operating as Core Development) is a Nashville-based urban real estate development firm that plans, builds, and sells residential properties including boutique condominiums, adaptive-reuse lofts, townhomes, and mixed-use developments across Middle Tennessee neighborhoods. The company delivers for-sale housing units directly to homebuyers and investors, supported by a community-focused sustainability ethos and the CORE FUND community investment initiative.

Product overview

Village Real Estate operates as a real estate development company with a portfolio of residential projects across Nashville's urban neighborhoods. The company follows a platform-plus-projects architecture, with development projects including boutique condominiums, adaptive reuse historic lofts, townhomes, and mixed-use developments. Key named projects include Six10 Merrit, Gentry Way, 12th & Paris, Werthan Lofts, Twelve60 Martin, Kress Lofts, Segment, 7th & Taylor, and Alloy Development. The portfolio emphasizes neighborhood-focused development with sustainability principles, spanning East Nashville, Germantown, Wedgewood-Houston, and Tech Hill areas. Projects range from 30-unit boutique developments to 180-unit mixed-use complexes, with initiatives in adaptive reuse (loft conversions), infill development, and sustainable community building supported by the CORE FUND.

Differentiator

Problem solved

Functional benefit

Brands

• CORE FUND: Community investment fund operated by Core Development as part of their ethos focusing on sustainability and community building.

Products and services

• Six10 Merrit

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Juniper SquaresupportingTechnology or IntegrationJuniper Square investor login portal integrated into website for investor relations management

Scale indicators4 records

Regional players

• RangeWater Real Estate: Atlanta-based multifamily and mixed-use developer active across the Southeast, including Nashville. Comparable to Core on residential community development and Sun Belt urban/suburban infill strategy, though primarily multifamily rather than for-sale condos.
• Wood Partners: National multifamily developer with active Sun Belt footprint including Nashville. Comparable on urban residential development at scale, though Wood focuses on rental multifamily rather than for-sale residential like Core.

Direct peers

• Southeast Venture: Nashville-headquartered commercial real estate developer with deep Middle Tennessee roots across office, mixed-use, and residential projects. Most directly comparable to Core as a locally embedded, multi-product Nashville developer with similar civic and community positioning.
• Crescent Communities: Southeast US mixed-use and multifamily developer with active Nashville presence. Comparable to Core on product type (mixed-use, residential community development), market geography, and project scale (mid-size urban communities).
• Elmington Capital Group: Nashville-based vertically integrated real estate investment and development firm operating across multifamily, mixed-use, and community development. Comparable to Core in scale, Nashville HQ, and multi-product residential/mixed-use strategy.
• Market Street Enterprises: Long-standing Nashville real estate investment and development firm active in urban infill, mixed-use, and adaptive reuse. Closely comparable to Core on city focus, urban neighborhood strategy, and product type mix.
• Castle Homes: Nashville-based luxury and urban homebuilder focused on custom and infill residences in established neighborhoods. Comparable to Core on Nashville HQ, urban infill orientation, and design-forward for-sale residential product.

Broad incumbents

• PulteGroup: National homebuilder (Centex, Pulte, Del Webb, John Wieland) with active Nashville presence. Comparable on for-sale residential product in the same metro, but with much greater scale, product breadth, and capital access than Core.
• Toll Brothers: National luxury homebuilder with an active Nashville division. Comparable on for-sale residential product and Nashville market presence, but at substantially larger scale and with broader geographic diversification than Core.
• D.R. Horton: Largest US homebuilder by volume with extensive Nashville-area operations. Comparable as a for-sale residential developer competing in the same metro, but operates at materially greater scale, with broader product range and stronger cost-of-capital advantage.

Market position

Weaknesses5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/corenashville
• Facebookfacebook.com/VILLAGETN
• LinkedInlinkedin.com/company/village-real-estate

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Village Real Estate