ContraVest

What ContraVest does

ContraVest is a vertically integrated real estate development, construction, and property management company founded in 1986 and headquartered in Altamonte Springs, Florida. The firm develops luxury Class A multifamily residential communities, operates a wholly-owned general contracting subsidiary (ContraVest Builders), and provides ongoing property management for both its own assets and third-party owners. Its technology stack centers on Building Information Modeling (BIM) and 3D modeling for design coordination and clash detection, with no disclosed AI/ML capabilities. The company has developed 16,301 units ($1.87B in cumulative development cost) and built 32,425 units ($2.2B in cumulative construction value), with current developed-asset value exceeding $5B.

ContraVest serves four primary customer segments: accredited individual investors, institutional capital partners (Carlyle Group, Northwestern Mutual, UBS Realty Investors, GrayCo), land sellers seeking monetization through joint ventures, and third-party developers requiring general contracting services (historically Colonial Properties, Archstone-Smith, Kaplan Group, Daniel Corporation). Revenue is generated through development fees, joint-venture profit participation under Build-Fill-Refinance and Build-Fill-Sell strategies, third-party general contracting, and recurring property management fees. Equity requirements for individual projects range from $28M to $32.5M, indicating a deal-by-deal capital raise model.

The firm distributes its services through direct investor engagement via an "Invest at ContraVest" portal, supported by a long-tenured leadership team led by CEO Steven D. Ogier, who joined in 2000 and has overseen 13,000+ units across 45+ ground-up multifamily projects. Active expansion includes three Central Florida projects (Addison Four Corners, Addison Apopka, Addison Tomoka Farms) and a new North Carolina development (Addison One15) with JV partner Kandle. The company completed a corporate rebranding in April 2024 to refresh its market positioning while maintaining its veteran-owned identity.

Name

ContraVest

Legal name

ContraVest, Inc.

Website

https://contravest.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

501–1,000 employees

Short description

ContraVest is a vertically integrated luxury multifamily real estate developer, general contractor, and property manager based in Altamonte Springs, FL, serving accredited and institutional investors, land sellers, and third-party developers across the U.S. Southeast.

Ownership category

akta.pro rank

Headquarters

HQ city

Altamonte Springs

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Development Services: Fee-for-service development and joint venture development services where ContraVest develops luxury multi-family communities for investors and land owners. Revenue generated through development fees and profit participation.
2. General Contracting/Construction Services: Third-party general contracting services for multi-family development projects. Builds projects for third-party developers including both affiliated entities and external clients.
3. Property Management: Property management services for ContraVest developments and third-party clients, generating recurring management fees.
4. Capital Management/Investment Returns: Operates as a capital manager for investors, with returns generated through the Build-Fill-Refinance model and Build-Fill-Sell strategies.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

ContraVest is a vertically integrated real estate firm that develops, constructs, and manages luxury Class A multi-family residential communities. The company offers joint venture development and fee-for-service development to land sellers and investors, third-party general contracting for other developers, and ongoing property/asset management for completed communities. It deploys capital for accredited and institutional investors using Build-Fill-Refinance and Build-Fill-Sell strategies, supported by in-house Building Information Modeling (BIM) technology.

Product overview

ContraVest is a vertically integrated real estate development, construction, and property management company specializing in luxury multi-family residential communities. The company operates across three integrated divisions: Development (land acquisition, entitlements, project execution), Construction (general contracting, design-build, renovations), and Property/Asset Management. Their product portfolio consists primarily of apartment communities branded under 'The Addison' and 'The Courtney' names, with 64+ development projects totaling over 16,000 units. The company offers services including Joint Venture Development, Fee-for-Service Development, third-party general contracting, and property management. Key technology offerings include Building Information Modeling (BIM) for 3D project planning. Investment strategies include Build-Fill-Refinance (BFR) and Build-Fill-Sell (BFS) models. Current development projects include Addison Four Corners (259 units), Addison Apopka (266 units), and Addison Tomoka Farms (308 units) in Florida.

Differentiator

Problem solved

Functional benefit

Brands

• Addison: Luxury multi-family residential community brand under ContraVest, including properties such as Addison Lake Bryan, Addison Gateway, Addison Millenia, Addison Clermont, and other Addison-branded developments.

Quantifiable outcome

• 49% Average IRR for apartment communities developed and sold 1994-present
• +5 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered supporting.

• Shutts & BowensupportingOthersLegal services partner. Florida-based law firm at 300 S. Orange Avenue, Suite 1000. Contact: Dan Okeefe, Partner.
• Colonial PropertiessupportingChannel Partner/ Reseller/ DistributorThird-party development client for general contracting services. Multiple projects including Colonial Grand at Mallard Creek, Colonial Grand at Seven Oaks, Ashley Plantation, and Ashley Plantation II.
• Archstone-Smith CommunitiessupportingChannel Partner/ Reseller/ DistributorThird-party development client for general contracting services. Numerous multi-family projects including Cameron Lakes, Rockridge Apartments, The Fountains at Waterford Lakes, and others.
• Kaplan GroupsupportingChannel Partner/ Reseller/ DistributorThird-party development client for general contracting services. Projects include Mountain Vista (AZ), District at Greenville (TX), and Windy Hill (GA).
• Daniel CorporationsupportingChannel Partner/ Reseller/ DistributorThird-party development client for general contracting services. Projects include Wynnfield Phases I & II and Indigo Apartments.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. multifamily developer, operator, and investment manager with vertically integrated development, construction, and property management capabilities directly comparable to ContraVest's full-stack model.
• Lincoln Property Company: Large multifamily developer, manager, and investor with development, construction, and third-party services; comparable to ContraVest's vertically integrated platform at greater scale.
• Trammell Crow Company: Major commercial real estate developer (CBRE affiliate) with significant multifamily development across the U.S., including institutional capital partnerships akin to ContraVest's Carlyle/UBS relationships.
• JLL (Jones Lang LaSalle): Global real estate services firm with capital markets, development, and investment management capabilities overlapping ContraVest's capital management and risk management offerings.
• The Related Companies: Large diversified real estate developer with significant multifamily (Related Affordable, Related Ross) and mixed-use development, comparable institutional JV model to ContraVest's Carlyle/UBS partnerships.

Direct peers

• Wood Partners: National multifamily developer of Class A garden-style and mid-rise communities with in-house general contracting, directly comparable to ContraVest's luxury Class A focus and integrated GC arm.
• Alliance Residential Company: Multifamily developer and property manager focused on Class A urban and suburban communities across the Sun Belt, with in-house development and construction comparable to ContraVest.
• Crescent Communities: Multifamily and mixed-use developer with significant Southeast U.S. focus including Florida and the Carolinas, directly overlapping ContraVest's luxury Class A development footprint.
• RangeWater Real Estate: Sun Belt-focused multifamily developer and manager building Class A garden-style apartments in high-growth metros, directly comparable to ContraVest's Florida/Southeast strategy.

Emerging players

• Landmark Properties: Multifamily and student housing developer with strong Southeast U.S. presence and Class A product, with overlapping Florida/Georgia footprint comparable to ContraVest's regional strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCKkeY3eNYd1ookrLj6equPA
• Facebookfacebook.com/ContraVest
• LinkedInlinkedin.com/company/contravest-inc
• Instagraminstagram.com/contravestdevelopment
• Xx.com/contravest

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 ContraVest