American Nevada Company

What American Nevada Company does

American Nevada Company, founded in 1972 by Hank and Barbara Greenspun and headquartered in Henderson, Nevada, is a privately held, family-controlled real estate development and commercial property management platform operating as a subsidiary of The Greenspun Corporation (TGC). The company develops and manages master planned communities and commercial properties across Southern Nevada, with development assets extending into Arizona (Mission Peaks near Tucson) and Texas (Meridiana near Houston). Its managed commercial portfolio covers approximately 2 million square feet, and its developed master planned communities — including Green Valley (7,100 acres, the first MPC in the Las Vegas Valley, broken ground in 1978), Green Valley Ranch, Seven Hills, and Aliante — total 15,000+ acres and are home to more than 75,000 residents.

The firm's service offering is organized across four connected lines: (1) third-party commercial property management (office, retail, industrial, multifamily) with full accounting, tenant relations, and in-house maintenance supported by general contractor and HVAC licenses; (2) asset management and advisory services including joint venture structuring, acquisitions, dispositions, and construction management; (3) commercial association management for HOAs, mixed-use centers, and Class A office parks; and (4) brokerage/leasing for properties within its managed and developed portfolio. The company leverages MyCOI for centralized Certificate of Insurance tracking and management. ANC's leadership holds CPM, ARM, and general contractor credentials, supported by awards including multiple BOMA TOBY Awards (Plaza 8, renovated building) and a CPM of the Year designation.

Revenue is generated through management fees (managed services), advisory and development fees (professional services), leasing commissions, and equity participation in joint ventures with builders and operators such as Warmington Apartment Communities, Tradewind Properties, Pulte Homes, Forest City, and Partners Capital. Pricing is quote-based and not publicly disclosed; the company serves property owners, institutional investors (e.g., Kingsbarn Realty Capital, TLM Holdings, Partners Capital/CNR Retail), developers, commercial associations, and a tenant base spanning healthcare (Dignity Health, Sunrise Health, Grant a Gift Autism Foundation), financial services (Credit Union 1), and local retail. GTM motion is relationship-driven, enterprise field sales anchored in 50+ years of Southern Nevada presence and Greenspun family network, with no public marketing spend, marketplace listing, or app distribution channels.

Name

American Nevada Company

Legal name

American Nevada Company

Website

https://americannevada.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

American Nevada Company, founded 1972 and headquartered in Henderson, Nevada, is a family-controlled (Greenspun) real estate developer and third-party commercial property manager serving property owners, investors, and developers across Southern Nevada with extension into Arizona and Texas, managing approximately 2 million square feet and 15,000+ acres of master planned communities.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Management & Development

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Master-Planned Community & POA Management (BPAJAHAD)

akta.pro secondary industries

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Land & Development Site Brokerage (BPAJABAG)

Keywords

• Commercial property management
• Asset management services
• Master plan development
• Commercial real estate brokerage
• Commercial association management

Headquarters

HQ city

Henderson

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Third-Party Property Management: American Nevada Company manages commercial properties for third-party clients including office, retail, industrial, and multifamily properties. The company charges management fees for overseeing day-to-day operations, maintenance, tenant relations, accounting services, and reporting.
2. Asset Management Services: Full range of asset management services including advisory services, joint venture planning and execution, construction management, and assistance with acquisitions and dispositions. Revenue generated through advisory fees and potentially through equity participation in joint ventures.
3. Real Estate Development: Development of master planned communities and commercial properties. Revenue generated through development fees, land development, construction activities, and potentially through equity participation in development projects.
4. Commercial Association Management: Management services for commercial associations including developing standards, CC&Rs, board establishment, vendor contracts, site inspections, budgeting, and reserve account management.
5. Brokerage and Leasing Services: Listing, leasing, and brokerage services for commercial properties, including the Green Valley Ranch District project. Revenue generated through leasing commissions and brokerage fees.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

American Nevada Company is a Henderson, Nevada-based real estate developer and property management firm that develops master-planned communities and commercial properties, and provides third-party property management, asset management, commercial association management, and brokerage and leasing services to property owners and investors. Founded in 1972, the company owns and operates a portfolio of commercial and mixed-use properties in the Las Vegas valley and also serves external clients on a contract basis.

Product overview

American Nevada Company offers a comprehensive suite of real estate development and commercial property management services organized as a platform of interconnected offerings. The core portfolio includes commercial property management services (handling day-to-day operations, tenant relations, accounting, and maintenance for office, retail, and industrial properties), commercial association management (managing HOA operations, standards, and budgets), asset management (strategic advisory, joint ventures, acquisitions/dispositions, and construction management), and master plan development (guiding community development as manager or equity partner). The company also owns and manages a diverse portfolio of commercial properties including office buildings (such as 2360 Corporate Circle and Plaza 8), retail centers (Aliante Marketplace, Boulder Crossings Shopping Center), master planned communities (Green Valley, Green Valley Ranch, Seven Hills, Aliante), and multifamily apartment communities (Green Valley Town Center Apartments, Alma Apartment Homes, Sync Luxury Apartments). The MyCOI platform integration enables automated Certificate of Insurance management across the managed portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Third-Party Property Management Management of commercial and mixed-use real estate assets on behalf of outside property owners and investors, covering day-to-day operations, tenant relations, maintenance, and financial reporting.
• Asset Management Strategic oversight of real estate asset performance for clients, including financial planning, capital allocation, leasing strategy, and value enhancement across owned portfolios.
• Commercial Association Management Administration and management of commercial owners' associations, handling budgeting, common-area maintenance, vendor coordination, and governance for commercial property owners.
• Master Plan Development Large-scale, mixed-use community and commercial master planning, including the planning and build-out of integrated developments such as Green Valley Ranch in Henderson, Nevada.
• Brokerage and Leasing Services Commercial brokerage and tenant representation services that handle leasing transactions across the company's owned and managed portfolio for landlords and tenants.

Quantifiable outcome

• Commercial properties managed by ANC consistently outperform competition with better caliber tenants, higher rents, and higher tenant retention rates
• +2 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• Warmington Apartment Communities Inc.coreStrategic or Co-development Partner · 2 November 2021Joint venture partnership for development of Sync luxury apartment community, a 9.4-acre, 203-unit project near Aliante Hotel and Casino. American Nevada Company assisted throughout design and entitlement process as master developer of Aliante community. Warmington Apartment Communities is primary developer and manager of day-to-day development and operations.
• Tradewind PropertiescoreStrategic or Co-development Partner · 26 January 2021Partnership on Green Valley Town Center Apartments, a 300-unit multifamily community totaling 258,858 square feet across 23 buildings. This was American Nevada Company's first partnership with Northern Nevada-based Tradewind Properties, managed by the Rastello family.
• First Federal Realty DeSimonecoreStrategic or Co-development Partner · 29 October 2020Collaboration on Fort Apache Professional Park, a 50,000-square-foot medical/office project at Fort Apache Road and Martin Avenue. The partnership consists of six buildings ranging from 4,100 to 14,300 square feet on 5 acres.
• Forest CitycoreStrategic or Co-development PartnerPartnership to develop Seven Hills master planned community, a 1,300-acre hillside community in Henderson's rolling foothills of the Black Mountain Range. Completed in 2003 with more than 2,500 homes including approximately 300 custom estate homes.
• Pulte HomescoreStrategic or Co-development PartnerPartnership to develop Aliante master planned community, a 1,905-acre community in North Las Vegas with approximately 6,500 homes including primary village and active adult village. Opened in May 2003 and became one of the fastest-selling communities in the valley.
• TLM Holdings LLCminorChannel Partner/ Reseller/ DistributorAmerican Nevada Realty signed management contracts with TLM Holdings LLC on nine industrial assets and one retail asset, all located in Southern Nevada. Portfolio totals just over 300,000 square feet.
• Tradewind PropertiescoreStrategic or Co-development PartnerPartnership on Green Valley Town Center Apartments development project. Tradewind Properties managed by the Rastello family. Project includes collaboration on design, development, and construction of 300-unit apartment community.
• Sahuarita Water CompanyminorStrategic or Co-development PartnerAmerican Nevada Company acquired a 1/3 interest in Sahuarita Water Company as part of Mission Peaks master planned community development near Tucson, Arizona. ANC was responsible for assemblage, planning and entitlement for the 4,200-acre community planned for up to 15,000 homes.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Howard Hughes Holdings: Developer of large-scale master-planned communities (Summerlin, The Woodlands, Bridgeland, Ward Village) with vertically integrated commercial property management and asset management. Most directly comparable to ANC's master-planned-community-plus-property-management platform, although at substantially greater scale and publicly traded.
• Forest City Realty Trust (now part of Brookfield Properties): Master-planned community and mixed-use developer that partnered with ANC on the Seven Hills community (1,300 acres). Comparable vertically integrated developer-operator model with significant Nevada-relevant experience before being acquired by Brookfield.
• Warmington Residential: California-based residential developer that co-developed Sync (203 luxury units) with ANC near Aliante. Directly comparable as a co-development partner on multifamily product within ANC's master-planned communities.

Broad incumbents

• CBRE Group: Global commercial real estate services firm offering property management, brokerage, and asset management for office, retail and industrial assets — directly competes for third-party management contracts on the same Southern Nevada commercial portfolio types ANC services.
• JLL (Jones Lang LaSalle): Global commercial real estate services firm with property management, leasing, capital markets and asset management capabilities. Competes with ANC for institutional property management mandates and brokerage work in Southern Nevada.
• Cushman & Wakefield: Global commercial real estate services firm providing property management, valuation, leasing and asset management. Competes for the same third-party management and brokerage engagements on office, retail and industrial assets ANC manages.
• Colliers International: Global commercial real estate services and investment management firm with active Las Vegas operations. Overlaps with ANC's property management, leasing and brokerage service lines for office and retail assets.
• Newmark Group: Commercial real estate advisory and services firm with property management, leasing and capital markets offerings. Competitor for institutional third-party management contracts on Southern Nevada office and industrial product.

Emerging players

• Greystar Real Estate Partners: Largest multifamily property manager and developer globally. Comparable to ANC's multifamily management activities (Green Valley Town Center Apartments, Alma, Sync) and competes for similar residents and management contracts in Henderson and North Las Vegas.
• PulteGroup: National homebuilder that partnered with ANC on the Aliante master-planned community (1,905 acres, ~6,500 homes). Comparable as a development partner within ANC's MPC platform, though not a direct competitor for management or brokerage services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/in/american-nevada-realty-727059302

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

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 American Nevada Company