What Eden Multifamily does

Eden Multifamily (legally Eden Residential) is a private residential development and investment firm founded in 2015 by Jay Jacobson and Jay Massirman, headquartered in Coconut Grove, Miami, FL with a regional office in Belmont (Charlotte), NC. The firm capitalizes on unique off-market properties in targeted urban infill submarkets throughout the Southeast United States, developing build-to-rent and multifamily residential projects with a current pipeline of more than 5,500 units in development and construction. Named projects include Eden West (Tamarac, FL), Lazul (North Miami Beach, FL), The Registry Las Olas (Fort Lauderdale, FL — JV with Lincoln Property Co.), Eden Crystal Lake (Port Orange, FL), Eden Heritage Lakes (West Melbourne, FL), and Palm Tree Residences.

The company's business model is a project-based development platform: it sources sites off-market, underwrites deals, manages construction, and delivers returns through development fees, promoted interest, and asset sales to institutional capital partners. Eden executes almost exclusively through joint ventures with institutional investors and capital partners — notably Cypress Equity (with whom it closed a $73M sale of Eden West Apartments in 2023) and Lincoln Property Co. (The Registry Las Olas). It secures non-recourse construction financing for individual projects, evidenced by a $55M loan for a Port St. Lucie build-to-rent development in December 2023. Post-development property operations are handled through an affiliation with RKW Residential, covering 35,000+ units.

No proprietary technology, software platform, or AI/ML capability is disclosed. The differentiators are human-capital driven: co-founder industry tenure (70+ years combined), a track record of $15B in residential multifamily investments and 24,000+ completed units by the founders, and proprietary off-market sourcing access. Eden's customer base consists of institutional investors (JV capital partners) and, downstream, residents of completed multifamily communities in the Southeast US.

Name

Eden Multifamily

Legal name

Eden Residential

Website

https://edenmultifamily.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Eden Multifamily is a private Southeast US residential development and investment firm that sources off-market urban infill sites and develops build-to-rent multifamily properties through joint ventures with institutional capital partners. Founded in 2015, it manages a 5,500+ unit pipeline.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Land Subdivision (2372)

SIC

Operators Of Apartment Buildings (6513), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Multifamily (Apartment) Property Management (BPAJAGAD), Multifamily Mortgage Origination (FSALADAB)

Keywords

• Multifamily real estate development
• Build-to-rent development
• Residential investment firm
• Urban infill development
• Joint venture development

Headquarters

HQ city

Coconut Creek

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development: EDEN generates revenue through developing multifamily residential properties for sale or长期持有. The company identifies off-market investment opportunities, underwrites deals, manages construction, and delivers returns to investors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Eden Multifamily is a residential development and investment firm that sources off-market urban infill and repurposed retail/commercial sites in the Southeast United States to develop multifamily and build-to-rent communities. The firm operates a unified platform spanning real estate development, financial underwriting, construction management, investor relations, and market research, delivering housing solutions and returns to institutional investors and joint venture partners.

Product overview

Eden Residential is a residential development and investment firm that operates as a single unified platform offering property development, financial underwriting, construction management, investor relations, and market research services. The company's portfolio consists of multifamily residential properties across Florida and the Southeastern United States, including named developments such as Eden West, Lazul, The Registry Las Olas (JV with Lincoln Property Co.), Eden Crystal Lake, Eden Heritage Lakes, and Palm Tree Residences. The firm capitalizes on unique off-market properties in targeted urban infill submarkets and has created a pipeline of more than 5,500+ units in development and construction since its founding in 2015.

Differentiator

Problem solved

Functional benefit

Products and services

• Eden West A multifamily residential property developed by Eden in Tamarac, Florida.
• Lazul

Quantifiable outcome

• $73M property sale (Eden West)
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• RKW ResidentialcoreStrategic or Co-development PartnerAffiliation with RKW Residential for property management services, managing 35,000+ units. RKW Residential provides ongoing property operations and tenant management for EDEN's multifamily portfolio.
• Lincoln Property Co.coreStrategic or Co-development PartnerJoint venture partner for The Registry Las Olas development in Fort Lauderdale, FL. LP co-invests in and co-develops luxury multifamily projects with EDEN Residential.
• Cypress EquitycoreStrategic or Co-development PartnerJoint venture partner for multiple EDEN multifamily developments. Cypress Equity partnered on the $73M sale of Eden West Apartments in Tamarac, Florida, demonstrating ongoing JV relationship for development and exit strategies.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Lincoln Property Company: Major national multifamily developer, manager, and JV partner. Eden has an active JV with Lincoln Property Co. on The Registry Las Olas in Fort Lauderdale, and Lincoln competes directly in the Southeast multifamily development market.
• RKW Residential: Affiliated property management firm managing 35,000+ multifamily units and operating as a strategic partner to Eden. RKW provides property management services to Eden-developed communities and operates across the Southeast US multifamily market.
• Crescent Communities: Multifamily and master-planned community developer with strong Southeast US presence. Comparable in product type (multifamily rental), regional focus, and institutional capital partnership model.
• The Related Group: Major Florida-based residential developer with deep institutional relationships and active multifamily pipeline across the state. Directly comparable to Eden in geographic focus, multifamily product, and institutional JV capital model.
• Wood Partners: National multifamily developer with strong Southeast US presence developing Class A apartment communities. Directly comparable to Eden in product type (multifamily), target market (Sun Belt institutional investors), and JV-driven development model.
• Trammell Crow Residential: National multifamily developer focused on Class A urban and suburban infill communities with deep institutional JV relationships. Comparable in build-to-rent and urban infill strategy, Southeast US activity, and institutional capital partnerships.

Broad incumbents

• Greystar Real Estate Partners: Largest multifamily developer, operator, and investment manager globally with significant Sun Belt activity. Comparable in that Greystar competes in the same urban infill and build-to-rent submarkets in the Southeast and operates an integrated development-to-management platform similar to Eden's RKW-affiliated model.
• Lennar Multifamily: Public homebuilder's multifamily development arm with significant Sun Belt rental product activity. Comparable in product type and geography, though operating with a national balance sheet and significantly greater capital access than Eden.

Emerging players

• RangeWater Real Estate: Sun Belt-focused multifamily developer and manager with similar build-to-rent and urban infill strategy to Eden. Comparable in regional focus, product type, and emerging institutional capital model though typically smaller project scale.
• PCCP, LLC: Real estate investment manager with significant Southeast multifamily debt and equity activity. Comparable as a capital partner / peer in the institutional multifamily space, often co-investing with developers like Eden in similar submarkets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/edenmultifamily
• LinkedInlinkedin.com/company/eden-multifamily

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 Eden Multifamily