Name

LeCesse Development Corporation

Legal name

LeCesse Development Corporation

Website

https://lecesse.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Altamonte Springs

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Apartment Rental Revenue: LeCesse develops and owns multifamily properties that generate recurring rental income from residents. The company also manages properties for investment partners, collecting management fees while delivering high-quality returns.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

LeCesse Development Corporation is a multifamily real estate developer that acquires land, designs, builds, owns, and operates Class A apartment communities across the Eastern United States. The company develops luxury and market-rate rental housing featuring SMART Home technology, sustainable NGBS-certified construction, and transit-oriented locations, while partnering with institutional investors and managing properties through its affiliated firm, Cambridge Management Services Inc.

Product overview

LeCesse Development Corporation is a multifamily real estate developer offering a portfolio of apartment communities across the Eastern United States. The company's products are organized into three portfolio categories: Currently Owned (stabilized properties generating income), Under Construction, and In Development. Key product lines include the luxury Skye brand (Skye City Centre, Skye at Arbor Lakes, Skye 750) featuring SMART home technology packages with smart locks, voice-controlled lights, and Wi-Fi-enabled thermostats; the ECCO brand communities known for rooftop amenities and downtown Orlando locations; Vinty (Vintage City), an award-winning transit-oriented development in Elizabeth, NJ; and senior-focused communities like Matteson Ridge (55+ active adult). All communities feature standard high-end finishes including quartz/granite countertops, Italian/custom cabinetry, stainless steel Energy Star appliances, wood-style plank flooring, and nine-foot ceilings. The company also offers sustainable living options with National Green Building Standard (NGBS) certifications at select properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Vinty (Vintage City) A 267-unit luxury apartment community in Elizabeth, NJ featuring Class-A interiors, smart home features, and over 37,000 square feet of ground-floor retail space. Transit-oriented development with direct rail access to New York City (three stops from New York Penn Station, Walk Score of 95).
• ECCO A 258-unit Class A apartment community in Elizabeth, NJ featuring Italian cabinetry, quartz countertops, SMART home package with voice-controlled lights, and luxury amenities including indoor pool, hot tub, and golf simulator. Part of the second phase of the award-winning Vintage City development.
• Skye City Centre A 297-unit transit-oriented apartment community in Warwick, RI adjacent to T.F. Green International Airport and MBTA commuter rail. Features SMART-home technology package with smart locks, access controls, and property-wide WiFi.
• The Rowan A 252-unit luxury apartment community in Oviedo, FL featuring elevator-serviced buildings, high-end finishes with quartz countertops and smart-home technology. Includes resort-style pool and two-story clubhouse.
• Matteson Ridge A 55+ luxury active adult community in West Warwick, RI offering single-family style living with duplexes and triplexes featuring stainless steel appliances, granite countertops, and attached garages. Designed for independent seniors seeking luxury finishes and community amenities without city noise.
• NOBO A 245-unit apartment community in Saugus, MA featuring quartz countertops, custom cabinetry, SMART home package with smart locks, voice-controlled lights, and Wi-Fi enabled thermostats.
• TRIO at JubiLee Park A 292-unit apartment community in Orlando, FL with studio, 1-, 2-, and 3-bedroom options. Features smart locks, WiFi-enabled thermostats, and luxury amenities including 11,000-square-foot clubhouse.
• BellaNova at JubiLee Park A luxury apartment community in Orlando, FL with 2-story buildings featuring tile roofs, Italian cabinetry, quartz countertops, and National Green Building Standard (NGBS) certification meeting rigorous benchmarks in energy efficiency, water efficiency, and resource efficiency.
• The Sarah at Crescent Park A 252-unit apartment community in Orlando, FL featuring SMART home package with smart locks, voice-controlled lights, and Wi-Fi-enabled thermostats.
• GrandeVille at Malta - Phase II Second phase luxury apartment community in Malta, NY with SMART home package featuring smart locks, voice-controlled lights, and Wi-Fi-enabled thermostats. NGBS Bronze certified for energy efficiency, design, and construction.
• Slate at Merrimack A luxury apartment community in Merrimack, NH featuring smart home technology and NGBS Bronze certification.
• 500 Ocean A 341-unit mixed-use apartment community in Boynton Beach, FL designed to meet NGBS Silver Certification with granite countertops and stainless steel appliances. Joint venture with Morgan Management and Drum Hill Partners with financing from SunTrust Bank and Atlantic American Opportunities Fund.
• Vinty (Phase II) A 78-unit luxury Class A apartment community continuation in Elizabeth, NJ mirroring Phase I with smart home features and access to Phase I's 32,000+ square feet of ground floor retail.
• The Gemini at CNE A 100-unit affordable apartment community for residents aged 55 and older in West Greenwich, RI.
• The Vue at CNE A 233-unit apartment community in West Greenwich, RI featuring one- and two-bedroom apartments ranging from 677 to 1,187 square feet.
• The Mabry Apartment community in development in Tampa, FL.
• Prato Apartment community in development in Orlando, FL.
• Oviedo Commons Apartment community in development in Oviedo, FL.
• Cambridge Management Services (Property Management) Affiliated full-service property management company providing cost-effective property management and asset management to multifamily dwellings. Manages more than 2,600 units in Florida, New York, New Hampshire, and New Jersey.

Quantifiable outcome

• Transit-oriented development achieving Walk Score of 95 at Vinty location
• +3 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and major.

• Michael Integlia & CompanycoreStrategic or Co-development Partner · 2 March 2026Development partner for Skye City Centre project in Warwick, RI, a 297-unit transit-oriented apartment community adjacent to T.F. Green International Airport and MBTA commuter rail station.
• MAS Development GroupcoreStrategic or Co-development Partner · 19 August 2025Long-term development partner collaborating on multiple projects including Vintage City (Vinty) and ECCO in Elizabeth, NJ. MAS Development Group, led by Salvador Garcia, brings vision for building communities that combine thoughtful design with high-quality living.
• Baker Barrios ArchitectsmajorImplementation/ SI/ Consulting PartnerArchitectural firm providing design services for Vintage City (Vinty), ECCO, and other LeCesse projects.
• Neglia EngineeringmajorImplementation/ SI/ Consulting PartnerCivil engineering firm for ECCO and Vinty projects in Elizabeth, NJ.
• March Associates ConstructionmajorImplementation/ SI/ Consulting PartnerGeneral contractor for ECCO project and Vinty development in Elizabeth, NJ.
• The City of ElizabethmajorStrategic or Co-development PartnerMunicipal partner providing support for Vintage City development including 30-year tax incentive program and opportunity zone benefits.
• Cambridge Management Services Inc.coreChannel Partner/ Reseller/ DistributorProgressive full-service property management company providing cost-effective property and asset management to multifamily dwellings. Manages more than 2,600 units in Florida, New York, New Hampshire, and New Jersey since 1991. An affiliated company that easily accommodates a broad spectrum of real estate management needs.
• 5G Studio CollaborativemajorImplementation/ SI/ Consulting PartnerArchitectural firm for Skye City Centre project in Warwick, RI.
• Callahan Construction ManagersmajorImplementation/ SI/ Consulting PartnerGeneral contractor for Skye City Centre project in Warwick, RI.
• DiPrete EngineeringmajorImplementation/ SI/ Consulting PartnerCivil engineering firm for Skye City Centre project in Warwick, RI.

Scale indicators16 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Bozzuto Group: Private, family-influenced multifamily developer, owner, and property manager along the East Coast. Closely matches LeCesse's vertical-integration model with affiliated property management and similar Class A apartment product.
• Hanover Company: Private multifamily developer focused on Class A urban and transit-oriented apartment communities with institutional capital partners. Closely comparable in TOD strategy, Class A finishes, and partnership-driven development model across the Eastern U.S.
• RangeWater Real Estate: Private multifamily developer and manager building Class A apartment communities across the Sun Belt and select East Coast markets. Comparable in product positioning, use of JV equity partners, and growth-stage pipeline dynamics.
• Wood Partners: National multifamily developer of Class A apartment communities across similar Sun Belt and East Coast markets. Highly comparable in product (Class A apartments), customer segment (rental residents and institutional investors), and project delivery model as an active developer/owner.
• Berkshire Residential Investments: Private multifamily owner, operator, and developer focused on institutional Class A apartment investments. Comparable in serving institutional capital partners, East Coast-heavy portfolio, and direct multifamily investment/development orientation.
• The NRP Group: National multifamily developer, owner, and builder that develops Class A market-rate and affordable apartments across similar regions. Comparable in product mix, including both Class A and active-adult/affordable communities, and JV-led development model.
• Toll Brothers Apartment Living: Multifamily development arm of national homebuilder Toll Brothers developing Class A rental communities in similar high-growth metros. Comparable in product positioning, scale of pipeline, and institutional-capital distribution model.

Broad incumbents

• GID Investment Advisers: Private real estate investment and development firm active in multifamily acquisition and development across similar U.S. markets. Comparable as a privately held developer/investor competing for institutional capital and Class A development sites.
• AvalonBay Communities: Public REIT that develops, owns, and operates Class A apartment communities in high-barrier-to-entry coastal markets overlapping Florida, New Jersey, and the Northeast. Comparable in product category and target renter, while operating as a much larger public REIT rather than a private developer.
• Greystar Real Estate Partners: Largest U.S. multifamily developer, owner, and operator with end-to-end capabilities across investment, development, and management. Overlaps with LeCesse's vertically integrated model and Class A rental product but operates at materially greater scale across all U.S. regions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCZ1DfAccMWnD-sTrv72iO_A
• LinkedInlinkedin.com/company/lecesse

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 LeCesse Development Corporation