What Summit Contracting Group does

Summit Contracting Group, Inc. is a privately held Florida-incorporated general contractor headquartered in Jacksonville, FL, with a regional office in Atlanta, GA. The company delivers multifamily construction projects nationwide, with a geographic emphasis on the Southeast United States (Florida, Georgia, South Carolina, North Carolina, Alabama, and Tennessee). Its service offering comprises three core lines — General Contracting, Construction Management, and Pre-Construction Services — covering the full project lifecycle from feasibility and budgeting through final delivery. Summit builds across all major multifamily subtypes, including market-rate conventional apartments, garden-style and high-density apartments, mixed-use developments, student housing, senior living and assisted living, and affordable/HUD/tax credit projects.

The company's revenue model is professional services-based: Summit earns project-based revenue under fixed-price or cost-plus construction contracts with multifamily developers, real estate investors, and property owners. Pricing is quote-based and project-specific, with no standard rate card. Go-to-market is sales-led and direct, relying on executive and division-level relationships, repeat clients, and industry reputation; the firm does not use channel partners. Notable enterprise customers include Barings, Peak Campus, Crescent Communities, Branch Properties, MVAH Development, Vestcor, and Rimrock Companies.

Summit is led by President Marc Padgett and CAO Nicole Padgett, supported by division managers (Zach Graham, Tacy McGinty). The company employs 251–500 staff and operates an Employee Stock Ownership Plan (ESOP). It has cumulatively delivered 350+ multifamily projects and 100,000+ units, was ranked the nation's #1 multifamily builder by the National Multifamily Housing Council in 2019 (8,828 units started in 2018), remains on the NMHC 50 as of 2025, and delivered 21 projects reaching substantial completion in 2025. Its technology footprint is conventional for the industry: no proprietary software products, APIs, or AI capabilities; competitive differentiation rests on project management, quality control, financial strength, and relationship-driven customer service.

Name

Summit Contracting Group

Legal name

Summit Contracting Group, Inc.

Website

https://summit-contracting.com

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

Summit Contracting Group is a privately held, Jacksonville-based general contractor delivering multifamily projects nationwide, with Southeast U.S. emphasis. It provides general contracting, construction management, and pre-construction services across market rate, student, senior, mixed-use, and affordable housing for institutional and private developers.

Ownership category

akta.pro rank

Product category

Multifamily Construction Services

NAICS

Specialty Trade Contractors (238)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Multifamily construction services
• General contracting
• Construction management
• Pre-construction services
• Affordable housing construction

Headquarters

HQ city

Jacksonville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting and Construction Services: Summit generates revenue through construction contracts as a general contractor for multifamily residential projects. Revenue is project-based, earned through fixed-price or cost-plus construction contracts. The company delivers projects on time and within budget, providing services across the entire project lifecycle from pre-construction through project completion.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Summit Contracting Group is a multifamily general contractor delivering ground-up construction for apartment, condominium, senior living, student housing, mixed-use, affordable, and tax credit/HUD residential developments. The company provides general contracting, construction management, and pre-construction services to real estate developers, investors, and property owners, with primary geographic focus on the Southeast United States.

Product overview

Summit Contracting Group is a multifamily general contractor offering a comprehensive suite of construction services. Their core service offerings include General Contracting, Construction Management, and Pre-Construction Services. The company specializes in diverse project types including Garden Style Apartments, High Density Apartments, Student Housing, Senior Living & Assisted Living, Mixed-Use Development, Tax Credit & HUD Projects, and Market Rate Multifamily. The company operates primarily in the Southeast United States with offices in Jacksonville, FL and Atlanta, GA.

Differentiator

Problem solved

Functional benefit

Products and services

• General Contracting Full-service general contracting for multifamily construction projects, managing all aspects of construction from start to finish for real estate developers, investors, and property owners.
• Construction Management Professional construction management services overseeing project planning, coordination, and execution for multifamily developments, delivered to developers, investors, and property owners.
• Pre-Construction Services Early-stage consulting services including project planning, feasibility analysis, budgeting, and scheduling delivered to developers and owners prior to construction commencement.

Quantifiable outcome

• 21 projects reached substantial completion in 2025
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered key account, standard and key partner.

• Baringskey accountOthersBarings, a $325+ billion global financial services firm, engaged Summit as general contractor for Millenia Lakes market rate multifamily development in Orlando, FL (330 units). Barings is developing the project on behalf of institutional investors. Summit has worked with Barings on multiple market rate projects.
• Peak Campuskey accountStrategic or Co-development PartnerPeak Campus, a property owner/manager, has engaged Summit for six student housing projects including Theory West Midtown in Atlanta (525 beds near Georgia Tech). This long-term relationship demonstrates Summit's capability in the student housing sector.
• Crescent Communitieskey accountStrategic or Co-development PartnerCrescent Communities engaged Summit for multiple projects including NOVEL O4W in Atlanta (233 units) and NOVEL Nashville West in Tennessee (435 units). These are mixed-use market rate developments.
• Branch Propertieskey accountStrategic or Co-development PartnerBranch Properties, a real estate developer, partnered with Summit for West Village Phase III mixed-use development in northwest metro Atlanta (313 units). The relationship spans multiple phases of this 50-acre master-planned community.
• MVAH DevelopmentstandardStrategic or Co-development PartnerMVAH Development engaged Summit for Reserve at Hollywood affordable housing project in Atlanta (288 units). The project received support from the Georgia Department of Community Affairs.
• VestcorstandardStrategic or Co-development PartnerVestcor, a developer, partnered with Summit for Lofts at LaVilla affordable housing in Downtown Jacksonville (130 units). The project achieved 100% occupancy within 45 days of completion.
• Group 4 Design, Inc.key partnerTechnology or IntegrationGroup 4 Design, Inc. serves as architect on multiple Summit projects including Millenia Lakes, Fusion, The Reserve at Nocatee, and assisted living communities. This is a recurring architectural partnership across many projects.
• Dwell Design Studio, LLCkey partnerTechnology or IntegrationDwell Design Studio serves as architect for NOVEL projects including NOVEL O4W in Atlanta and NOVEL Nashville West. Partnership on mixed-use market rate developments.
• Niles Bolton Associates, Inc.standardTechnology or IntegrationNiles Bolton Associates served as architect for Theory West Midtown student housing project in Atlanta, working with Summit on this 525-bed development near Georgia Tech.
• BDCL Architects, PCstandardTechnology or IntegrationBDCL Architects served as architect for Reserve at Hollywood affordable housing project in Atlanta (288 units).

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Holder Construction: Privately held national GC with multifamily, commercial, and mission-critical work. Competes with Summit for large developer-driven multifamily builds, though broader in sector exposure.
• Gilbane Building Company: Privately held national GC active in multifamily, education, healthcare, and life sciences. Competes with Summit for institutional multifamily work while operating a more diversified portfolio.
• Clark Construction Group: Major U.S. general contractor across multifamily, commercial, healthcare, and education. Larger and more diversified than Summit but routinely competes for the same large multifamily developer accounts.
• Whiting-Turner Contracting Company: Large East Coast-headquartered private GC with multifamily, commercial, and industrial work. Comparable to Summit as a private, employee-involved GC competing for similar developer-driven multifamily projects.
• JE Dunn Construction: Large employee-owned GC with multifamily, healthcare, and commercial segments. Comparable ownership structure (employee-centric) and competes for institutional multifamily work across the Southeast.
• McCarthy Building Companies: National GC with multifamily, healthcare, education, and renewable energy work. Comparable as a large private GC competing for similar institutional developer business, though broader in scope.
• Balfour Beatty US: Large diversified U.S. general contractor with multifamily as a key segment alongside commercial, civil, and healthcare. Broader portfolio and national footprint than Summit but competes for many of the same institutional multifamily projects.

Direct peers

• Hunt Construction Group: Affiliated with Hunt Companies and a major builder of multifamily, hospitality, and mixed-use projects nationally. Comparable to Summit for institutional-scale multifamily delivery and developer relationships.
• Brasfield & Gorrie: One of the largest privately held U.S. general contractors with a strong multifamily and mixed-use portfolio. Directly comparable to Summit in size, regional Southeast emphasis, and reliance on repeat institutional developer relationships.
• Robins & Morton: Privately held GC with significant multifamily, healthcare, and commercial work, headquartered in the Southeast. Comparable to Summit in regional footprint, project mix, and private ownership profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Summit_Con
• Facebookfacebook.com/Summit-Contracting-Group-Inc-1568786963350459
• LinkedInlinkedin.com/company/summit-contracting-group-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Summit Contracting Group