Chinburg Properties

What Chinburg Properties does

Chinburg Properties is a privately held, founder-led real estate development, construction, and property management firm headquartered in Newmarket, New Hampshire, founded in 1987 by civil engineer Eric Chinburg. The company operates an integrated, multi-vertical model across Northern New England's Seacoast region (NH, ME and VT) comprising: (1) new home construction through a Collaboration Home model in which buyers select lots, floor plans and customize finishes in an in-house Design Center, with pricing ranging from the mid-$800,000s to above $1,000,000; (2) residential rental operations of 1,800+ apartment units managed by the wholly-owned Chinburg Management Company; (3) commercial rentals in converted mill buildings (150 to 10,000+ sq. ft.) housing an estimated 900 businesses; and (4) commercial construction, general contracting, and historic renovation services. The company reports ~110 new homes built annually — the largest production volume in the Seacoast region — and has received the EPA ENERGY STAR Partner of the Year Sustained Excellence designation continuously since 2016, with all homes built to Energy Star standards since 2002.

The underlying technology and operational stack combines an in-house Design Center with a dedicated Selections Team, an integrated property management function (including a resident portal at chinburgmanagement.managebuilding.com), and a specialized adaptive-reuse construction capability covering historic textile and manufacturing mill conversions that preserve original architectural details while modernizing building systems (e.g., the geothermal Portsmouth Luxury Condo project). The firm holds 11-50 employees and operates from 13 documented office and property locations across NH, ME and VT, with corporate headquarters at 3 Penstock Way, Newmarket, NH. Revenue mechanics are diversified across one-time home sales, recurring residential and commercial rental income, and project-based construction contracts, with the Energy Star credential and the 35+ year mill renovation track record serving as the primary brand and trust assets. The company is privately held with no evidence of institutional investment, has no public stock listing, and reports no M&A activity in the input data.

Name

Chinburg Properties

Legal name

Chinburg Properties

Website

https://chinburg.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Chinburg Properties is a New Hampshire-based, privately held real estate developer and home builder founded in 1987, operating across Northern New England. The company constructs Energy Star-certified homes, manages 1,800+ residential rentals and commercial mill properties, and provides commercial construction and historic renovation services.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Residential Building Construction (23611), New Single-Family Housing Construction (except For-Sale Builders) (236115), Residential Remodelers (236118), Real Estate Property Managers (53131), Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

akta.pro secondary industry

Townhomes & Row Houses (THAMAAAE)

Keywords

• Custom home building
• Residential property management
• Commercial construction services
• Historic mill renovation
• Real estate development

Headquarters

HQ city

Newmarket

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. New Home Sales: Sale of single-family homes and condominiums through collaboration, quick delivery, and quick start models. Buyers can choose from pre-designed floor plans and customize through the in-house Design Center. Revenue is generated through one-time home purchase transactions.
2. Residential Rentals: Monthly rental income from over 1,800 modern, stylish apartments across New Hampshire, Southern Maine, and Vermont. Chinburg Management Company provides in-house property management. Rental prices range from approximately $1,250 to $2,975 per month depending on unit size and location.
3. Commercial Rentals: Lease revenue from commercial spaces ranging from 150 sq. ft. to 10,000+ sq. ft. in unique working mill environments. Spaces accommodate Class A offices, artist studios, specialty food production, restaurants, and manufacturing facilities.
4. Commercial Construction & Fit-Ups: General contracting and construction management services for commercial clients including restaurants, health care facilities, fitness centers, and office fit-outs. Revenue generated through project-based contracts for both tenant improvements within Chinburg's own buildings and external commercial construction projects.
5. Renovation & Restoration: Historic renovation and restoration services for homeowners looking to modernize historic properties while preserving their heritage. Includes design, permitting, and construction management through to completion.
6. Property Management: In-house property management through Chinburg Management Company, providing leasing, maintenance, and ongoing management for both residential and commercial portfolios.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Chinburg Properties is a vertically integrated real estate development, construction, and property management firm that builds Energy Star certified custom and semi-custom single-family homes and condominiums, manages 1,800+ residential apartment rentals, leases commercial mill-based spaces, and delivers commercial construction, general contracting, and historic renovation services across New Hampshire, southern Maine, and Vermont. The company operates an in-house Design Center and Chinburg Management Company to support buyers and tenants end-to-end.

Product overview

Chinburg Properties operates as an integrated real estate development, construction, and property management company serving Northern New England. The company offers a portfolio of distinct products: (1) New Homes under the Collaboration Home model where buyers customize homes with Design Center support; (2) Residential Rentals through Chinburg Management Company managing 1,800+ apartment units across NH, ME, and VT; (3) Commercial Rentals featuring mill-based spaces from 150 to 10,000+ sq. ft. for offices, studios, food production, and manufacturing; (4) Commercial Construction and General Contracting services; and (5) Renovation & Restoration for historic preservation. These core offerings are supported by the company's in-house Design Center, Energy Star-certified construction standards, and dedicated property management operations.

Differentiator

Problem solved

Functional benefit

Brands

• Chinburg Management Company: In-house property management company handling residential and commercial rental properties for Chinburg Properties.

Products and services

• New Homes (Collaboration Homes) Custom and semi-custom single-family home construction where buyers select lots and floor plans and personalize finishes through Chinburg's in-house Design Center. Includes Quick Start, Quick Delivery, and full Collaboration Home options for individuals, families, empty-nesters, and luxury custom home buyers. Homes are built to Energy Star standards.
• Residential Rentals 1,800+ modern apartment rentals across New Hampshire, Southern Maine, and Vermont, managed by Chinburg Management Company. Includes pet-friendly options, in-house property management, and on-site amenities such as fitness facilities, dog parks, clubhouses, and waterfront access. Rental pricing ranges from approximately $1,250 to $2,975 per month depending on unit size and location.
• Commercial Rentals Commercial spaces in mill environments across the Seacoast region, ranging from 150 sq. ft. to 10,000+ sq. ft. Accommodates Class A, B, and C offices, artist studios, specialty food production, restaurants, and light manufacturing facilities. Leased and managed by a dedicated commercial property management team.
• Commercial Construction & Fit-Ups Full-service commercial construction including tenant fit-ups, expansions, and new facility builds for restaurants, healthcare facilities, fitness centers, markets, and office headquarters. Delivered both within Chinburg's own commercial buildings and as standalone projects for external clients.
• General Contracting Construction management and general contracting services for both residential and commercial projects, delivered by experienced project managers, supervisors, and specialized professionals. Leverages Chinburg's design, permitting, and on-site execution capabilities.
• Renovation & Restoration Historic renovation and restoration services for homeowners seeking to modernize and preserve heritage properties. Provides holistic design, permitting, and construction management from concept to completion, drawing on Chinburg's deep adaptive reuse experience with mill, timber, brick, and oversized window preservation.
• Eden Point 6 single-family home condominiums located atop a hill in Portsmouth, NH, featuring smart home packages, Energy Star certification, and proximity to downtown Portsmouth and I-95. Priced from around $999,900 with select units from $1,009,900.
• The Cliffs at Evergreen 79 single-family detached condominiums in Auburn, NH, featuring a custom clubhouse, pickleball courts, fitness facility, and access to the Rockingham Recreational Rail Trail.
• Wildwood at Terrace Green 39 single-family modern farmhouse-style homes in Kennebunk, ME, with community amenities including Mousam River access, recreation areas, and a riverside nature lookout. New homes start in the mid-$800,000s.
• Washington Street Mills 88-unit mixed-use building in downtown Dover, NH with over 100 operating businesses, featuring exposed brick, river views, and proximity to Henry Law Park. Studios from $1,250–$1,650; 1BR from $1,425–$1,895; 2BR from $2,195–$2,595.
• Newmarket Mills 112 loft apartments with over 50,000 sq. ft. of commercial space in Newmarket, NH, featuring waterfront park access, marina, and proximity to the Lamprey River. Studios from $1,500–$1,850; 1BR from $1,795–$2,095; 2BR from $1,895–$2,250.
• Millport 63 spacious apartments on Islington Street in Portsmouth, NH, featuring mill architecture, timber ceilings, and walking distance to downtown. Studios from $1,600–$1,800; 1BR from $1,825–$2,650; 2BR from $2,675–$2,975; 3BR from $2,700+.
• Canal Street Mill 69-unit building in Somersworth, NH, with artist live-work spaces, fitness facilities, and views of the Salmon Falls River. Studios from $1,595–$1,695; Live/Work $1,625–$1,700; 1BR $1,725–$1,800; 2BR $1,850–$2,400.
• Saco Mill #4 150-residence mixed-use property in Saco, ME, adjacent to the Amtrak Transportation Center, featuring rooftop deck, fitness room, dog park, and billiards room. Studios from $1,580; 1BR from $1,875; 1BR+ from $2,250; 2BR from $2,800.
• 27 & 31 Chestnut 96 luxury apartments in Exeter, NH, across two 4-floor buildings with designer club rooms, cyber lounges, dog wash facilities, and outdoor patio space.
• Picker House 27 apartments in downtown Dover, NH, featuring original mill architecture with 14-ft ceilings, oversized windows, and proximity to the Cocheco River Canal. 1BR $1,795–$1,900; 2BR $2,150–$2,700.

Quantifiable outcome

• 30% reduction in annual energy costs for homeowners through Energy Star certification
• +3 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Brady Sullivan Properties: Brady Sullivan is a long-established New Hampshire-based real estate developer, owner, and property manager of mixed-use mill conversions and commercial/residential properties across northern New England — the closest direct analog to Chinburg's integrated build-rent-manage model in the same geography.
• Wood Partners: Wood Partners is a national multifamily developer, builder, and property manager that — like Chinburg — vertically integrates development, construction, and property management; they operate in many of the same Sun Belt and select Northeast submarkets where Chinburg's for-rent mill product competes.
• Mill Creek Residential: Mill Creek Residential is a national multifamily developer, investor, and operator of rental housing communities; comparable to Chinburg's 1,800+ apartment for-rent portfolio and adaptive-reuse repositioning of older buildings.
• LCOR: LCOR is a real estate developer, owner, and operator of multifamily and mixed-use properties on the U.S. East Coast, including adaptive-reuse and transit-oriented projects that mirror Chinburg's mill-conversion mixed-use strategy.

Broad incumbents

• Toll Brothers: Toll Brothers is the largest U.S. luxury homebuilder with an in-house Design Studio experience analogous to Chinburg's Design Center, and a portfolio of build-to-rent and active-adult communities that overlaps Chinburg's for-sale and rental product lines.
• Greystar Real Estate Partners: Greystar is the largest U.S. rental housing property manager, developer, and investment manager, providing the in-house property-management capability (analogous to Chinburg Management Company) at a national scale that Chinburg operates regionally.
• D.R. Horton: D.R. Horton is the largest U.S. homebuilder and a benchmark for Chinburg's "largest builder in the Seacoast" positioning; their broad for-sale product line overlaps with Chinburg's quick-delivery, quick-start, and collaboration home offerings.
• Lennar: Lennar is a top-three U.S. homebuilder with a national footprint in for-sale residential and a growing build-to-rent segment — a broad incumbent analog for Chinburg's for-sale single-family and multifamily rental operations.
• AvalonBay Communities: AvalonBay is a publicly traded multifamily REIT that develops, owns, and operates Class A apartment communities — comparable to Chinburg's apartment rental portfolio across NH/ME, particularly Millport and 27 & 31 Chestnut.
• PulteGroup: PulteGroup is a top U.S. homebuilder with Centex, Pulte, Del Webb, and John Wieland brands spanning first-time to active-adult buyers — a broad-incumbent benchmark for Chinburg's range from quick-delivery to luxury collaboration homes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/chinburg
• Facebookfacebook.com/chinburg
• LinkedInlinkedin.com/company/chinburg-properties

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Chinburg Properties