New West Company

What New West Company does

New West Company is a privately held real estate investment and development firm founded in 2000 by Terry Manley and headquartered at 1100 Grier Drive in Las Vegas, Nevada. The company operates as a full-service Southwest US real estate platform, delivering entitlements, land development, project management, general contracting (via its licensed affiliate New West Construction, LLC), asset management, real estate advisory, and home building services across residential, multi-family, master-planned, industrial, office, and medical asset classes.

The firm generates revenue through a blend of project-based development and construction fees, asset management fees on master-planned communities and investment portfolios, and advisory fees for repositioning and investment decision support. Goto-market is a relationship-driven B2B model with enterprise and institutional clients (homebuilders such as KB Home and Beazer Homes, institutional investors such as The Lightstone Group, logistics users such as FedEx Ground, and quasi-governmental clients such as Nevada Health and Bioscience Asset Corporation), with no digital marketing channel or formalized lead generation function.

Since inception New West has developed more than 10,000 single-family lots, 900 acres of industrial park property, and managed multiple master-planned communities totaling 4,100 acres, with cumulative managed project value approaching $2 billion across Nevada, Arizona, Texas, and California. The team is small (11–50 employees) and founder/owner-controlled, with Terry Manley as CEO, Kristi Owens as Controller, and Mike Manley handling land acquisition. Ownership and control are concentrated with the founder, and the firm carries no disclosed institutional capital, parent entity, or external shareholders.

Name

New West Company

Legal name

New West Company

Website

https://newwestnv.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

New West Company is a Las Vegas-based, founder-owned real estate investment and development firm offering entitlement, construction, asset management, and advisory services across residential, industrial, office, and medical assets in the Southwest US.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development Services

NAICS

New Housing For-Sale Builders (236117), Other Activities Related to Real Estate (531390)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Services-Management Services (8741), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

akta.pro secondary industry

New Construction & Builder Sales (BPAJAAAB)

Keywords

• Real estate development
• Land entitlement services
• Asset management
• General contracting
• Master planned communities

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development Services: Revenue generated from land development, entitlement, construction management, and general contracting services for commercial and residential projects. Income derived from project fees, development margins, and construction services.
2. Asset Management Fees: Ongoing asset management services for master planned communities and investment portfolios, generating recurring management fees.
3. Real Estate Advisory: Consulting fees for advising clients on project outcomes, repositioning strategies, and investment decisions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

New West Company is a commercial real estate development firm providing six integrated services: Entitlement & Development, Project Management, General Contracting, Asset Management, Real Estate Advisory, and Home Building. Services span the full real estate project lifecycle from land acquisition and zoning through construction to final sale or lease-up, delivered to property owners, developers, and institutional investors across the Southwest US.

Product overview

New West Company is a commercial real estate development firm offering six integrated service modules: Entitlement & Development, Project Management, General Contracting, Asset Management, Real Estate Advisory, and Home Building. The company operates as a single unified offering where these services work together across the project lifecycle—from land acquisition and zoning through construction to final sale or lease-up. Projects span multiple sectors including industrial, residential multi-family, master planned communities, and office buildings across the southwestern United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Entitlement & Development Land development service handling zoning, environmental considerations, permits, and utility availability for real estate projects in the Southwest US. Targeted at property owners, developers, and investors.
• Project Management Represents ownership from pre-construction through execution, managing details to achieve project vision. Targeted at developers and project owners requiring oversight across the construction lifecycle.
• General Contracting Delivers construction solutions on time and on budget through licensed and bonded affiliate New West Construction, LLC (License No. 0088383). Targeted at commercial, industrial, residential, and medical project owners.
• Asset Management Complete life cycle and business management of projects from design and engineering through construction to commissioning, operating systems, and sale or lease-up. Targeted at investment funds and institutional investors managing real estate portfolios.
• Real Estate Advisory Advises clients on optimal project outcomes using extensive project experience for repositioning or optimization. Targeted at investors, developers, and owners seeking strategic guidance on real estate decisions.
• Home Building Guides clients from conceptual idea through home completion with expert guidance and personalized approach. Targeted at home buyers and developers of residential projects in the Southwest US.

Quantifiable outcome

• 3x return on investment over 4 years for distressed land portfolio

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Nevada Health and Bioscience Asset CorporationcoreStrategic or Co-development Partner · 1 January 2020Engaged by Nevada Health and Bioscience Asset Corporation to manage design and construction of UNLV Medical Education Building, a 130,000 SF facility for UNLV School of Medicine.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Century Communities: Top-10 US homebuilder with concentrated SW US (Las Vegas, Phoenix, Texas) operations. Comparable builder-of-taker and master-planned community buyer profile for New West-developed lots.
• Forestar Group: Pure-play land developer owned by D.R. Horton, focused on residential lots across the SW US and other growth markets. Closest direct comparable in lot acquisition, entitlement, and disposition to homebuilders.
• Shea Homes: Long-standing SW US homebuilder and master-planned community developer with vertically integrated acquisition, entitlement, and construction capabilities — overlapping residential development and builder lot-sale model.
• Greenlaw Partners: Las Vegas-based commercial real estate investment and development firm operating across the SW US. Closest regional peer — comparable scope of office, industrial, and land development with institutional capital partners.
• Sun Belt Holdings: SW US-focused real estate investment and development firm covering industrial, office, and residential land. Overlaps in regional asset class mix and institutional partnership model.
• Woodbridge Homes: SW US homebuilder and land developer active in Las Vegas, Phoenix, and Tucson. Overlaps in master-planned community land development and lot-to-builder sales motion.

Broad incumbents

• D.R. Horton: Nation's largest homebuilder with a dedicated land acquisition division and SW US dominance. Comparable in executing large master-planned community offtake, but at materially greater scale.
• Lennar Corporation: Largest US homebuilder with substantial land acquisition and entitlement capability. Competes with New West on SW US residential lot supply and builder relationships but is national scale and public.
• The Howard Hughes Corporation: Large master-planned community developer (e.g., Summerlin, Bridgeland, The Woodlands). Comparable in operating MPCs at scale and managing land entitlements across multiple metros, though at far larger scale and public.
• PulteGroup: National homebuilder with strong Las Vegas, Phoenix, and Texas presence. Comparable end-customer relationship in acquiring finished lots from developers and competes for prime SW US land positions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 New West Company