The Garrett Companies
The Garrett Companies is a privately held, vertically integrated multifamily firm founded in 2014 that develops, builds, and manages apartment communities across 22 states for institutional capital partners and residents, with 20,000+ units delivered to date.
- Company typePrivate
- Founded2014
- HeadquartersGreenwood, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What The Garrett Companies does
The Garrett Companies is a privately held, vertically integrated multifamily real estate firm founded by Eric Garrett that develops, builds, and manages apartment communities across 22 states. Operating through its core divisions — Garrett Construction (ground-up construction, adaptive reuse, renovation), Garrett Residential (property management including market-rate and HUD projects with lease-up, asset repositioning, and value-add capabilities), and a portfolio of seven wholly-owned affiliate brands (Apex Lumber & Materials, Blue Horseshoe Framing, Blue Star Mechanical, EDGE Multifamily Design Group, Teldar Drywall, Legacy Development Partners, and the Garrett Family Foundation) — the company delivers full-stack development-to-management services supported by in-house materials supply, framing, mechanical, drywall, and design capabilities.
The company runs a B2B go-to-market targeting institutional investors and capital partners through joint ventures and recapitalizations, with named repeat partners including Harbor Group International, Buchanan Capital Partners, Telis Group, and Weinstein Properties. Debt capital is arranged through intermediaries such as Walker & Dunlop and ACRE, with construction financing sourced from banks like Wintrust and National Bank of Indianapolis. Revenue is generated through development fees, equity participation, construction contracts, and property management fees. The company ranks #7 on the NMHC 25 Largest Developers List and #9 on the 25 Largest Builders List, has delivered 20,000+ apartment units across 70+ projects since 1999, and maintains offices in Nashville (HQ), Greenwood IN, Carmel IN, and Denver. The business is founder-controlled by Eric Garrett as CEO with co-founder Rhonda Garrett as VP, alongside a senior bench including President Rob Martinson, CFO Evan Brown, and COO Jonathan Byrd, with no external private equity or venture capital backing.
The Garrett Companies firmographics
Firmographics- Name
- The Garrett Companies
- Legal name
- The Garrett Companies LLC
- Website
- https://thegarrettco.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Garrett Companies is a privately held, vertically integrated multifamily firm founded in 2014 that develops, builds, and manages apartment communities across 22 states for institutional capital partners and residents, with 20,000+ units delivered to date.
- Ownership category
- akta.pro rank
The Garrett Companies industry classification
Industry- Product category
- Multifamily Real Estate Development
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Management of Companies and Enterprises (55)
- SIC
- General Bldg Contractors - Residential Bldgs (1520), Real Estate Agents & Managers (For Others) (6531), Wholesale-Lumber & Other Construction Materials (5030), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)
- akta.pro secondary industry
- New Construction & Builder Sales (BPAJAAAB)
Keywords
Where The Garrett Companies is headquartered
LocationHeadquarters
- HQ city
- Greenwood
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
The Garrett Companies business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Multifamily Development: Full-service multifamily development from site selection through entitlement and construction management. Revenue generated through development fees, equity participation, and property sales to investors.
- Construction Services: Garrett Construction provides multifamily construction services for company-developed properties and potentially third-party clients. Revenue from construction contracts.
- Property Management: Garrett Residential manages apartment communities for company-owned assets and third-party clients. Revenue through management fees.
- Mixed-Use Development: Complementary mixed-use, retail, office, and restaurant development through trusted partners and in-house brands.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
The Garrett Companies product offering
Product offeringCore offering
The Garrett Companies is a full-service multifamily real estate organization that develops, builds, and manages apartment communities across 22 states. Its core offering encompasses site selection, development, ground-up construction, and third-party property management delivered through direct and joint-venture engagements with institutional investors, capital partners, and property owners, supported by vertically integrated affiliate brands covering lumber, framing, mechanical, design, and drywall trades.
Product overview
The Garrett Companies is a full-service multifamily real estate development, construction, and property management company operating a multi-brand portfolio model. The core offerings include Garrett Construction (ground-up multifamily construction), Garrett Residential (property management), and an ecosystem of affiliate brands supporting the development lifecycle: Apex Lumber & Materials, Blue Horseshoe Framing, Blue Star Mechanical, EDGE Multifamily Design Group, Teldar Drywall, and Legacy Development Partners. The Garrett Family Foundation provides charitable giving and community support. The company's portfolio spans 22 states with 20,000+ apartment units developed to date, including named communities such as Maeva Modern Apartments, The Baldwin Modern Apartments, Ebbtide Villas & Flats, Maverick Modern Apartments, Agave Ranch Modern Apartments, Lift at Jordan Creek, The Nash Rosemount, Rewind at Crest, and Stone Mesa Luxury Flats.
Differentiator
Problem solved
Functional benefit
Brands
- Garrett Construction: Full-service multifamily construction division of The Garrett Companies, committed to delivering exceptional results with expertise in ground-up construction, adaptive reuse, and renovation projects.
- Garrett Residential
- Garrett Family Foundation
- Apex Lumber & Materials
- Blue Horseshoe Framing
- Blue Star Mechanical
- EDGE Multifamily Design Group
- Teldar Drywall
Products and services
- Garrett Construction Full-service multifamily construction arm of The Garrett Companies; delivers ground-up construction, adaptive reuse, and renovation projects with expertise in multifamily buildings.
- Garrett Residential Property management services for multifamily communities owned by The Garrett Companies and third-party clients; covers lease-ups, value-add strategies, asset repositioning, and day-to-day residential operations.
- Multifamily Development Services Full-service multifamily development from site selection through entitlement and construction management, delivered primarily through joint-venture equity partnerships with institutional capital providers.
- Maeva Modern Apartments 260-unit luxury multifamily community in Lutz, Florida featuring resort-style amenities and one-to-three bedroom layouts with high-end finishes.
- The Baldwin Modern Apartments 200-unit luxury apartment community in Colorado Springs, Colorado built as four-story midrise buildings with elevator access and attached/detached garage parking.
- Ebbtide Villas & Flats 250-unit upscale apartment and townhome community in Kissimmee, Florida located near major highways and local attractions.
- Maverick Modern Apartments 226-home luxury apartment community in Greenwood, Indiana with an aviation-focused theme reflecting proximity to Greenwood Municipal Airport.
- Agave Ranch Modern Apartments 324-unit luxury apartment community in Glendale, Arizona featuring a large pool, dog park, and direct access to the 16.5-mile New River Trail greenway.
- Lift at Jordan Creek 180-unit tax credit affordable housing community in West Des Moines, Iowa offering one-to-three bedroom apartments at reduced pricing.
- The Nash Rosemount 250-unit luxury apartment community in Rosemount, Minnesota featuring 25 buildings with 10 apartments each, one-to-three bedroom layouts with attached garages.
- Rewind at Crest 296-home apartment community in Colorado Springs, Colorado offering one-to-three bedroom floor plans in a modern setting.
- Stone Mesa Luxury Flats 158-unit residential community in Colorado Springs, Colorado featuring a luxury pool, hot tub, outdoor grilling area, dog park, and fitness center.
- Garrett Centennial Apartments 368-unit garden-style multifamily development in the Denver Tech Center, capitalized via a joint venture between The Garrett Companies, Buchanan Capital Partners, and Weinstein Properties.
Quantifiable outcome
- 20,000+ apartment units developed and delivered to date
- +3 more outcomes
Companies that use The Garrett Companies
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
The Garrett Companies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
The Garrett Companies partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Telis GroupcoreTelis Group served as strategic partner and co-developer alongside The Garrett Companies on multiple multifamily projects including the eight-property portfolio refinancing and joint ventures with Harbor Group International.
- Telis GroupcoreTelis Group served as strategic partner on the Garrett Centennial Apartments (368-unit Denver Tech Center development) and prior 2024 collaboration on Garrett Fillmore Apartments in Colorado Springs.
Scale indicators13 records
Recent moves11 records
Expansion highlights5 records
The Garrett Companies competitors and assessment
Company assessmentBroad incumbents
- Greystar Real Estate Partners: Largest U.S. multifamily property manager, developer, and investor with global scale across investment management, development, and operations; broad incumbent whose property-management and investment-management overlap mirrors Garrett Residential's third-party mission.
- Trammell Crow Residential (CBRE): National multifamily developer and capital partner within CBRE; comparable in partnering structure with institutional investors and in developing large-scale garden-style and mid-rise communities, though backed by a much larger parent.
- MAA (Mid-America Apartment Communities): Public multifamily REIT focused on the Sun Belt with extensive development and property management capabilities; relevant comparator for the geographic and operational overlap with Garrett's portfolio.
- GID Investment Advisers: Vertically integrated real estate investment, development, and operating platform operating multifamily and other asset classes; comparable diversified operating-company structure with vertical integration.
- Lincoln Property Company (Residential): Large national multifamily developer, owner, and third-party manager offering integrated services comparable in scope to Garrett, but with materially broader portfolio and capital base.
Direct peers
- RangeWater Real Estate: Sun Belt-focused multifamily developer, builder, and operator with integrated development and property management — closely matches Garrett's vertically integrated full-service structure and target geographies.
- Wood Partners: National multifamily developer/builder with integrated development, construction, and investment management serving similar institutional capital partners and growing U.S. footprint. Most directly comparable developer/builder peer to Garrett's full-service multifamily model.
- Edward Rose & Sons: Private, family-controlled multifamily developer, builder, and property manager operating across multiple U.S. regions with vertically integrated construction capabilities analogous to Garrett's affiliate-brand model.
- JLB Partners: Private multifamily real estate investment and development firm specializing in garden-style and mid-rise communities across Sun Belt markets; similar in-house capabilities and JV capital partner model to Garrett.
Others
- Humphreys & Partners Architects: National multifamily architecture firm serving developers like Garrett (recently engaged on Garrett's Longmont project); not a competitor, but a known vendor/ecosystem partner in the multifamily design-build chain.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
The Garrett Companies social profiles
Digital presenceThe Garrett Companies financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Garrett Companies leadership team
Management profileNumber of profiles
Profiles41 records
The Garrett Companies subsidiaries and ownership
Company hierarchySubsidiaries9 records
The Garrett Companies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Garrett Companies 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 The Garrett Companies
What does The Garrett Companies do?
The Garrett Companies is a full-service multifamily real estate organization that develops, builds, and manages apartment communities across 22 states. Its core offering encompasses site selection, development, ground-up construction, and third-party property management delivered through direct and joint-venture engagements with institutional investors, capital partners, and property owners, supported by vertically integrated affiliate brands covering lumber, framing, mechanical, design, and drywall trades.
Is The Garrett Companies a public or private company?
The Garrett Companies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was The Garrett Companies founded?
The Garrett Companies was founded in 2014. It employs 101 to 250 people.
Where is The Garrett Companies based?
The Garrett Companies is headquartered in Greenwood, United States, in the North America region.
How does The Garrett Companies make money?
Four revenue lines are on record. Multifamily Development is the primary driver. The others are construction Services, property Management and mixed-Use Development.
Who are The Garrett Companies's main competitors?
Broad incumbents on record are Greystar Real Estate Partners, Trammell Crow Residential (CBRE), MAA (Mid-America Apartment Communities), GID Investment Advisers and Lincoln Property Company (Residential). Direct peers are RangeWater Real Estate, Wood Partners, Edward Rose & Sons and JLB Partners. Humphreys & Partners Architects is listed as an others.
Does The Garrett Companies have an API?
No public API is recorded for The Garrett Companies.
What industry is The Garrett Companies in?
The Garrett Companies's product category is Multifamily Real Estate Development. Its primary akta.pro industry code is IMAFABAE, Residential Design-Build & Renovation-Integrated Builders, with a secondary code of BPAJAAAB, New Construction & Builder Sales. Its NAICS code is 5312 and its SIC code is 1520.