What Elmington does

Elmington is a privately held, Nashville-headquartered real estate investment, development, and operating firm founded in 2010. The company runs an integrated platform spanning five interlocking business units: Elmington Affordable (top-tier US affordable housing developer, with 16,000+ units developed and built across 8 states), Elmington Construction (full-service general contracting for multifamily housing), Elmington Living (property management for 60+ owned affordable and conventional assets), Elmington Residential (luxury single-family rental communities), and Elmington Commercial (office, retail, and industrial investment with a value-add renovation thesis). Across these units, Elmington owns and manages 12,000+ affordable and conventional units, over 1,000,000 square feet of commercial space, and a total portfolio of 40,000+ units spanning 27+ states, supported by 1,000+ team members and more than $4 billion in completed real estate transactions since inception.

The company's core technology asset is Fortress, a proprietary all-in-one property management software developed internally by Elmington property managers. Fortress provides operational intelligence on income and occupancy, rent trends, smart pricing recommendations, renewal management, and broader business intelligence — features that distinguish it from generic third-party platforms and reinforce operational integration across the platform.

Commercially, Elmington generates revenue through four streams: real estate development (development fees, construction services, and property sales — transactional), property management (rental income and management fees — recurring), construction services (project fees — professional services), and commercial real estate investment (asset appreciation and leasing — transactional). The company operates on a direct sales motion across all segments, with no public pricing disclosure; engagement is quote-based and varies by project scope, location, and client requirements. End customers include affordable housing residents, multifamily community owners and operators, single-family rental residents, and commercial real estate stakeholders.

Name

Elmington

Legal name

Elmington

Website

https://elmingtoncapital.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Elmington is a privately held, Nashville-based integrated real estate firm developing, constructing, owning, and managing affordable and conventional multifamily housing, single-family rentals, and commercial properties across 27+ states, serving residents, owners, and commercial tenants.

Ownership category

akta.pro rank

Product category

Real Estate Development and Investment

NAICS

Nonresidential Property Managers (531312), Offices of Other Holding Companies (551112)

SIC

Operative Builders (1531), Operators Of Apartment Buildings (6513), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Housing Development, Construction & Rehabilitation Programs (BPAIANAB)

akta.pro secondary industries

Affordable Housing Property Management (BPAJAGAJ), Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

Keywords

• Real estate development
• Affordable housing
• Property management
• Commercial real estate
• Multifamily construction

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development: Development and construction of affordable housing, multi-family residential, single-family rental communities, and commercial properties. Revenue generated through development fees, construction services, and property sales.
2. Property Management: Management of 60+ owned affordable and conventional assets totaling over 12,000 units and 1,000,000+ square feet of commercial space. Revenue through rental income and property management fees.
3. Construction Services: Elmington Construction provides full-service general contracting for multi-family housing. Revenue generated through construction project fees.
4. Commercial Real Estate Investment: Investment and management of office, retail, and industrial assets. Revenue through asset appreciation and leasing.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Elmington is a privately owned real estate investment and development firm that develops, constructs, owns, and manages affordable housing, multi-family residential, single-family rental, and commercial properties across 27+ states. The firm operates integrated business units covering development, construction (general contracting), property management, residential leasing, and commercial real estate investment, supported by its proprietary Fortress property management software.

Product overview

Elmington is a privately owned real estate investment and development firm offering a diversified portfolio of real estate services through multiple sub-brands. The company operates an integrated platform comprising Elmington Affordable (affordable housing development), Elmington Construction (general contracting), Elmington Living (property management), Elmington Residential (single-family rentals), and Elmington Commercial (commercial investment). Additionally, the company has developed Fortress, a proprietary all-in-one property management software that provides insights on income, occupancy, rent trends, smart pricing recommendations, and renewals. These products work together to support Elmington's operations across over 12,000 owned and managed units, 1,000,000+ square feet of commercial space, and developments spanning 27 states.

Differentiator

Problem solved

Functional benefit

Brands

• Fortress: An all-in-one property management software, designed by property managers for property managers. Allows access to insights on income and occupancy, rent trends, smart pricing recommendations, renewals, and beyond.

Products and services

• Elmington Affordable

Named customers8 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• WinnCompanies: WinnCompanies is a national owner, developer, and manager of affordable, mixed-income, and market-rate housing with property management at scale - directly comparable across Elmington's affordable and conventional housing verticals and management operations.
• The NRP Group: NRP is a top US developer, builder, and manager of affordable and market-rate multifamily housing, operating across multiple states with vertically integrated development-to-management capabilities - directly comparable to Elmington Affordable, Elmington Construction, and Elmington Living.
• Greystar Real Estate Partners: Greystar is the largest apartment property manager and developer in the US, managing roughly 800,000+ units across conventional and affordable housing with an integrated investment, development, and management platform - directly comparable to Elmington's multi-family development and Elmington Living property management operations.
• Bridge Housing Corporation: Bridge Housing is a leading nonprofit affordable housing developer and manager on the US West Coast - directly comparable to Elmington Affordable's mission, LIHTC-driven development pipeline, and property management function for affordable communities.
• Dominium Management Services: Dominium is one of the largest US developers, owners, and managers of affordable housing with a regional-to-national footprint and in-house management - directly comparable to Elmington Affordable's affordable housing development pipeline and Elmington Living's management operations.
• Bozzuto Group: Bozzuto is a privately held residential property developer, builder, and manager with integrated capabilities across multi-family and student housing - comparable to Elmington's vertically integrated model for management and construction of multi-family assets.

Broad incumbents

• The Related Companies: Related Companies is one of the largest privately held US developers with significant affordable housing, market-rate, and commercial mixed-use operations - comparable to Elmington's affordable, residential, and commercial businesses but at meaningfully greater scale and breadth.
• Cushman & Wakefield: Cushman & Wakefield is a global commercial real estate services, investment, and management firm with focus on office, retail, and industrial - comparable to Elmington Commercial's office/retail/industrial investment and value-add repositioning strategy, though at vastly larger scale.
• Lincoln Property Company: Lincoln Property Company is a top-five national apartment manager and developer with conventional and affordable housing exposure - comparable to Elmington Living's property management and Elmington's market-rate development activities.
• Hunt Companies: Hunt is a diversified real estate developer and investor with strong affordable housing (LIHTC), multi-family, and commercial exposure plus in-house construction - broadly comparable to Elmington's full-stack platform, but operating at larger scale across more asset classes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

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 Elmington