Brinshore Development

What Brinshore Development does

Brinshore Development is a privately-held, national affordable and mixed-income housing developer founded in 1994 in Northbrook, Illinois, and currently headquartered in Evanston. The company develops single-family homes, townhomes, multi-use buildings, planned communities, senior housing, supportive housing, educational housing, and historic restorations, operating through public-private partnerships with government housing authorities, municipal governments, and non-profit organizations across 16-20 states. Brinshore's go-to-market is enterprise field sales responding to competitive RFPs from housing authorities and government agencies, primarily HUD Choice Neighborhoods Implementation Grants, LIHTC allocations, and federal/state housing programs.

Revenue is generated through developer fees on new construction, long-term ownership and operation of completed affordable housing assets, and recurring asset and property management fees on its owned portfolio. The underlying project technology centers on sustainable construction practices — LEED, Enterprise Green Communities, Green Globes, Energy Star, geothermal, solar, and green rooftops — combined with a proprietary H.E.A.R.T. development framework (Health, Education, Art, Recreation, Technology) that integrates supportive services partners into each project. The company's customer base is entirely institutional (housing authorities, healthcare and education non-profits, state HDCs, LIHTC investors, and construction lenders), with $4.8 billion of cumulative local investment deployed across 12,000+ residential units in 110+ communities and nine HUD Choice Neighborhoods Implementation Grants secured.

Name

Brinshore Development

Legal name

Brinshore Development, LLC

Website

https://brinshore.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Land Subdivision (2372), Lessors of Residential Buildings and Dwellings (53111), New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115), Residential Property Managers (531311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Lessors Of Real Property, Nec (6519), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Residential Affordable Housing Development & Construction (IMAFABAI)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF), Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH), Sustainable/Green Building & LEED Consulting (BPAHAKAG)

Keywords

• Affordable housing development
• Mixed-income housing
• LIHTC financing
• HUD Choice Neighborhoods
• Public-private partnerships

Headquarters

HQ city

Evanston

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Affordable Housing Development: Brinshore develops mixed-income residential properties including single-family homes, townhomes, multi-use buildings, planned communities, and historic restorations. Revenue is generated through development fees, property management, and long-term ownership.
2. LIHTC Financing: Low Income Housing Tax Credit financing is a primary mechanism, where tax credit equity is raised from investors to fund affordable housing developments.
3. Property Portfolio Management: Management of owned affordable housing properties including 2,435 units in Chicago portfolio being marketed for reshuffling ownership.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Brinshore Development is a national real estate developer specializing in affordable and mixed-income residential housing. The company develops single-family homes, townhomes, multi-family apartments, senior housing, supportive housing, and historic adaptive reuse projects. Revenue is generated through LIHTC-financed development, HUD Choice Neighborhoods Implementation Grants, public-private partnerships with housing authorities and non-profits, and long-term property ownership and asset management.

Product overview

Brinshore Development is a national real estate development company specializing in mixed-income residential development, ranging from large-scale master planned communities to historic restorations. The company operates through distinct product categories including Choice Neighborhoods Developments (HUD-funded transformations), Mixed-Use Buildings (residential with commercial ground floors), Supportive Housing (permanent housing for vulnerable populations), Multi-Family Residential (affordable apartments), Senior Housing (age-restricted communities), Educational Housing (scholar housing for students), Planned Communities (comprehensive neighborhood development), and Historic Restorations (adaptive reuse projects). Their portfolio spans over 11,000 residential units across 16 states, with flagship projects like Highlander in Omaha, The Aster in Salt Lake City, Kindred in Norfolk, The Foglia Residences in Chicago, and SPARK! in Salt Lake City. The company applies its proprietary H.E.A.R.T. framework (Health, Education, Art, Recreation, Technology) across all developments to create holistic, sustainable communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Choice Neighborhoods Developments

Quantifiable outcome

• 12,000 residential units developed across 110 communities
• +3 more outcomes

Named customers7 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

Feature1 record

Partnerships

25 partnerships are on record, tiered core and minor.

• Housing Authority of Kansas City (HAKC)coreStrategic or Co-development Partner · 6 June 2024Long-term strategic partner for Choice Neighborhoods redevelopment, including Paseo Gateway CNI transformation replacing Chouteau Courts with 308 mixed-income units. Partnership includes Pendleton Flats, Rose Hill, Quinlan Place, Quinlan Row, Pendleton ArtsBlock and Brookwood at Antioch developments.
• Samuel U. Rodgers Health CentercoreStrategic or Co-development Partner · 6 June 2024Non-profit healthcare partner in Samuel U. Rodgers Healthy Living Campus, providing pediatric primary care, WIC, behavioral health, dental services and nurse residency program integrated with affordable housing.
• Rebuild Foundation / Theaster GatescoreStrategic or Co-development PartnerArts programming partner for Dorchester Art + Housing Collaborative in Chicago. Rebuild Foundation coordinates arts programming with local organizations, and internationally acclaimed artist Theaster Gates founded the organization.
• Chicago Housing AuthoritycoreStrategic or Co-development PartnerMajor housing authority partner for Chicago developments including Dorchester Art + Housing Collaborative, Buffett Place, and multiple Choice Neighborhoods transformations.
• Raise The BarrcoreStrategic or Co-development PartnerNon-profit partner for The Huddle on 5th in West Sacramento - scholar house for single parents pursuing higher education with whole-family model emphasizing coaching, peer support, mental health, job training and financial empowerment.
• Yolo County Housing AuthoritycoreStrategic or Co-development PartnerProvided 17 project-based vouchers crucial for The Huddle on 5th scholar house project serving single parent students.
• Operative OfficecoreStrategic or Co-development PartnerDevelopment partner for The Huddle on 5th, acquired site and led development process including securing financing and partnerships.
• Omaha Housing AuthoritycoreStrategic or Co-development PartnerPartner for Highlander development - transformation of former Pleasantview public housing site into 36-acre mixed-income community with 280 units in Phase I.
• Seventy Five North RevitalizationcoreStrategic or Co-development PartnerNon-profit partner for Highlander and Nobility Point developments focused on comprehensive neighborhood revitalization in Omaha.
• Purpose Built CommunitiescoreStrategic or Co-development PartnerNetwork partner providing support for Highlander development model using institutional/private sector partnerships for sustainable community transformation.
• Canopy SouthcoreStrategic or Co-development PartnerNon-profit focused on South Omaha's holistic revitalization, partnering on Southside Terrace - Indian Hill HUD Choice Neighborhoods Transformation Plan with $50M HUD grant.
• Family Scholar HousecoreStrategic or Co-development PartnerServices provider for The Carpenter educational housing in Houston, providing case management and comprehensive services including childcare for single parents enrolled in post-secondary education.
• The Chicago LighthousecoreStrategic or Co-development PartnerPartner for The Foglia Residences - first residential project serving people who are blind or visually impaired financed through Low Income Housing Tax Credits in the US.
• Chicago Housing AuthoritycoreStrategic or Co-development PartnerPartner for 2,435-unit affordable housing portfolio in Chicago including assets under development and mature properties.
• Mattie Rhodes CentercoreStrategic or Co-development PartnerCommunity organization providing resident services for Pendleton Flats and Pendleton ArtsBlock in Kansas City.
• ThresholdscoreStrategic or Co-development PartnerChicago's respected non-profit mental illness supportive service provider delivering medical, educational, job training, placement, and community outreach for Buffett Place residents.
• Victory Housing Inc.coreStrategic or Co-development PartnerNon-profit partner for Spring Flats adaptive reuse project in Washington D.C., preserving historic Jewish senior housing.
• Maures Development GroupcoreStrategic or Co-development PartnerDevelopment partner for Century City Lofts in Milwaukee's Sherman Park neighborhood.
• Index Development GroupcoreStrategic or Co-development PartnerDevelopment partner for Villard Commons in Milwaukee's Old North neighborhood.
• The Michaels OrganizationcoreStrategic or Co-development PartnerPartner for Clybourn 1200 in Chicago Gold Coast and City Gardens developments.
• KCDC (Knoxville Community Development Corporation)coreStrategic or Co-development PartnerHousing authority partner for Western Heights Choice Neighborhoods transformation in Knoxville, TN.
• Rosemann & AssociatesminorStrategic or Co-development PartnerArchitect for Sam Rodgers Place and Propeller Building in Kansas City.
• Moody NolanminorStrategic or Co-development PartnerArchitectural firm for Sam Rodgers Place and Propeller Building in Kansas City.
• University of HoustonminorStrategic or Co-development PartnerEducational institution adjacent to The Carpenter in Houston's Third Ward, providing educational partnerships for Family Scholar House residents.
• Texas Southern UniversityminorStrategic or Co-development PartnerEducational institution adjacent to The Carpenter in Houston's Third Ward, providing educational partnerships for Family Scholar House residents.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Michaels Organization: One of the largest affordable and mixed-income housing developers in the US. The Michaels Organization is both a direct competitor in affordable housing development and an active Brinshore co-development partner (e.g., Clybourn 1200, City Gardens), making it the closest comparable on product, geography, and business model.
• McCormack Baron Salazar: National mission-driven developer specializing in urban mixed-income and Choice Neighborhoods redevelopments. Direct competitor for HUD Choice Neighborhoods grants and mixed-finance affordable housing projects of comparable scale and complexity.
• L+M Development Partners: Major New York-headquartered affordable and mixed-income housing developer. Comparable business model with deep LIHTC and public-private partnership expertise serving similar populations across multifamily, mixed-use, and mixed-income assets.
• The NRP Group: Large national multifamily developer with significant affordable housing focus, including LIHTC-financed communities and public-private partnerships. Comparable in scale, geographic breadth, and product mix (multifamily + supportive + mixed-use).
• Jonathan Rose Companies: National mission-driven real estate developer focused on affordable, mixed-income, and sustainable multifamily housing. Closely comparable on ESG/sustainability positioning, LIHTC expertise, and mixed-income community development.
• BRIDGE Housing: California-based nonprofit affordable and mixed-income housing developer of comparable scale and product focus. Comparable on mission orientation, LIHTC-financed mixed-income developments, and supportive housing expertise.
• Maures Development Group: Wisconsin-based affordable and mixed-use developer. Active Brinshore co-development partner (e.g., Century City Lofts in Milwaukee) and direct regional peer in the upper Midwest affordable housing market.

Broad incumbents

• Mercy Housing: One of the largest national nonprofit affordable housing developers, with far broader scale and geographic reach than Brinshore. Comparable product categories (multifamily, supportive, senior) but with a broader institutional platform.

Regional players

• Bickerdike Redevelopment Corporation: Chicago-based nonprofit affordable housing developer focused on mixed-income community revitalization. Comparable on mixed-income redevelopment, HUD partnerships, and Chicago portfolio — Linda Thurmond (Brinshore's SVP Asset Management) was previously COO. Geographic competitor in Brinshore's home market.

Others

• Enterprise Community Partners: National nonprofit that both develops affordable housing and is a major LIHTC/investment syndicator and capacity builder for affordable housing developers including Brinshore (Enterprise Green Communities certification partner). Not a direct competitor but a central ecosystem player and financing counterparty.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/brinshore
• Facebookfacebook.com/Brinshore-Development-LLC-105335774601385
• LinkedInlinkedin.com/company/brinshore-development-llc
• Instagraminstagram.com/brinshore

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles27 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 Brinshore Development