May Riegler
May Riegler Properties is a privately held real estate development and investment firm founded in 2009 that develops, leases, and sells multifamily, hospitality, industrial, and mixed-use projects across the Washington D.C./Maryland/Virginia and Colorado markets, specializing in adaptive reuse of historic buildings.
- Company typePrivate
- Founded2009
- HeadquartersWashington, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What May Riegler does
May Riegler Properties is a privately held real estate development and investment firm founded in 2009 in Washington, D.C. by Eric May and Kevin Riegler. Operating from a Bethesda, Maryland headquarters and a regional office in Steamboat Springs, Colorado, the firm has delivered more than 35 projects representing nearly $1 billion in development value across the Washington D.C./Maryland/Virginia and Colorado markets. The portfolio spans multifamily rental, for-sale residential (condominiums and townhomes), boutique hospitality, Class A industrial/logistics, and mixed-use developments, with a recognized specialty in adaptive reuse of historic structures — evidenced by NAHB and Multi-Housing News awards for The Mill (2015) and Madison House (2020).
The firm's business model combines multiple revenue streams: one-time institutional asset sales of entitled developments (e.g., the 350,000 SF Vista 95 Logistics Center sold to Prologis in September 2023), recurring rental and leasing income across multifamily and mixed-use properties, hospitality operations at Hotel Heron (opened 2024 under Hilton's Curio Collection and operated by Aparium Hotel Group), and for-sale residential products marketed through broker partners such as The Agency. Go-to-market is multi-channel: enterprise and institutional-buyer relationships for industrial and entitled land, broker-mediated sales for residential and commercial leasing (Newmark), direct-to-consumer marketing via project-specific websites and on-site leasing offices, and global hospitality distribution via Hilton. Capital and operating partnerships — including MRP Realty, Kruger Real Estate, Capital Square, H&H Rock, Potomac Investment Properties, Twain Financial Partners, Aparium, and Placemakr — enable May Riegler to participate across the capital stack and product types while maintaining a lean headcount of 11–50 staff across development, asset management, property management, accounting, and marketing functions.
May Riegler firmographics
Firmographics- Name
- May Riegler
- Legal name
- May Riegler Properties
- Website
- https://mayriegler.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- May Riegler Properties is a privately held real estate development and investment firm founded in 2009 that develops, leases, and sells multifamily, hospitality, industrial, and mixed-use projects across the Washington D.C./Maryland/Virginia and Colorado markets, specializing in adaptive reuse of historic buildings.
- Ownership category
- akta.pro rank
May Riegler industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Investors, Nec (6799)
- akta.pro primary industry
- Special Purpose & Alternative Asset Brokerage (BPAJABAH)
Keywords
Where May Riegler is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
May Riegler business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Development and Sale of Real Estate: May Riegler acquires, entitles, develops, and sells real estate assets including multifamily, hospitality, industrial, and residential projects. Revenue is generated through the sale of completed developments to institutional buyers (e.g., Vista 95 sold to Prologis in 2023) and for-sale residential products (condominiums, townhomes).
- Leasing and Asset Management: The firm generates recurring revenue through leasing of multifamily rental units, commercial/retail space, and industrial buildings. Properties are managed either directly or through third-party property management partners.
- Hospitality Operations: Hotel Heron generates hospitality revenue including room nights, food and beverage (KILN restaurant, Francis Hall bar, Good Fortune rooftop), and event/meeting space rentals. Managed by Aparium Hotel Group under the Curio Collection by Hilton brand.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | One time/ perpetual license | For-sale residential (condos and townhomes) — pricing not publicly disclosed |
| Unit Pricing | Monthly | Multifamily rental — rates available on property websites |
| Unit Pricing | Annual | Industrial/commercial leasing — quote-based through brokers |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
May Riegler product offering
Product offeringCore offering
May Riegler Properties is a real estate development and investment firm that acquires, entitles, develops, and manages multifamily, hospitality, industrial, and residential projects. The company delivers mixed-use, adaptive reuse, and ground-up developments in the Washington D.C., Maryland, and Colorado markets, selling completed assets to institutional buyers and operating rental, for-sale residential, and hospitality products.
Product overview
May Riegler Properties is a real estate development and investment firm offering a diversified portfolio of development services including acquisitions, development and entitlement, adaptive reuse, multifamily, hospitality, industrial, and residential development. The company operates primarily in Washington, D.C. and Colorado markets through two divisions: the core May Riegler Properties division handling multifamily, hospitality, and industrial projects, and MR Homes, its residential community development sub-brand responsible for townhome, single-family, and adaptive reuse residential projects. The product portfolio spans 19 distinct properties including boutique hotels (Hotel Heron), mixed-use developments (Blackbird DC, Steamboat Basecamp, Dos Rios, Coda on Half, The Colonel), industrial logistics centers (Highland Logistics Center, Meadowridge Logistics Center, Vista 95 Logistics Center), and residential communities (condos, apartments, townhomes) across D.C., Maryland, Virginia, and Colorado markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Hotel Heron A 134-key boutique hotel in Old Town Alexandria, Virginia, operating under the Curio Collection by Hilton brand and featuring dining venues KILN, Francis Hall, and Good Fortune rooftop bar; serves leisure and business travelers.
- Blackbird DC
Quantifiable outcome
- 35+ projects delivered representing nearly $1 billion in development value since 2009
- +4 more outcomes
Companies that use May Riegler
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles5 records
May Riegler technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
May Riegler partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- H&H RockcoreCo-acquisition partner with May Riegler on Meadowridge Logistics Center in Elkridge, Maryland. H&H Rock partnered on the September 2025 land acquisition of the 14.65-acre site.
- MRP RealtycoreCo-development partner with May Riegler on Coda on Half, a 161-unit mixed-use development in Navy Yard, Washington D.C.
- Kruger Real EstatecoreCo-development partner on Coda on Half along with MRP Realty and May Riegler. Kruger Real Estate contributed to the development partnership structure.
- PlacemakrcoreFlexible living and hospitality platform managing Coda on Half, offering furnished and unfurnished units with hotel-style services including housekeeping, package acceptance, and flexible lease terms.
- Potomac Investment PropertiescoreJoint development partner with May Riegler on Hotel Heron in Old Town Alexandria. Potomac Investment Properties co-owns the 134-key boutique hotel with May Riegler.
- Aparium Hotel GroupcoreThird-party hotel management company operating Hotel Heron on behalf of May Riegler and Potomac Investment Properties. Aparium brings boutique hospitality expertise and operational management.
- Hilton (Curio Collection by Hilton)coreHotel Heron is branded and operates as part of Hilton's Curio Collection, accessing Hilton's global distribution, reservations, loyalty program, and marketing infrastructure.
- Capital SquarecoreJoint venture partner on Steamboat Basecamp multifamily development. Capital Square JV completed Phase One construction of the Lofts at Basecamp in December 2023.
- NewmarkcoreReal estate brokerage firm handling leasing and sales for Highland Logistics Center (Frederick, MD) and Meadowridge Logistics Center (Elkridge, MD). Newmark also facilitated the Ammendale Road land acquisition.
- Neighborhood Restaurant GroupcoreOperates The Roost (12,500 SF food hall) and Goldfinch Social (co-working/event space) at Blackbird DC. NRG is a prominent D.C.-based restaurant and hospitality operator driving foot traffic to the development.
- The AgencyminorLuxury real estate brokerage handling sales for Powderline condominium community in Steamboat Springs, Colorado. Contact: Chris Paoli.
- MR Homes (division of May Riegler)coreMR Homes is a division of May Riegler responsible for residential community development. It has developed products including Terrain at Walton Creek townhomes, Basecamp Row, Eighth Street Homes, and other residential projects across D.C. metro and Colorado.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
May Riegler competitors and assessment
Company assessmentDirect peers
- MRP Realty: Washington DC-based commercial real estate developer operating across office, multifamily, mixed-use, and retail in the DC metro. Directly comparable as a JV partner on Coda on Half with May Riegler and serves identical institutional clients in the same supply-constrained DC market.
- Penzance Real Estate: Private DC-based real estate investment and development firm focused on urban mixed-use, multifamily, and office in the DC metro. Comparable geographic focus, similar institutional-grade development orientation, and overlap with May Riegler in mixed-use urban projects.
- Hoffman & Associates: DC-area developer behind major mixed-use projects including The Wharf and National Landing. Operates in the same DC market with overlapping multifamily, mixed-use, and adaptive reuse focus as May Riegler.
- Quadrangle Development: DC-based private real estate developer focused on commercial, multifamily, and mixed-use urban infill projects. Comparable boutique scale, mixed-use specialization, and DC metro geographic orientation.
- StonebridgeCarras: Washington DC-based private real estate developer with a long track record in mixed-use, hospitality, residential, and adaptive reuse projects. Highly comparable to May Riegler in scale, market, and product mix including historic adaptive reuse.
- Capital Square Realty & Development: Real estate investment and development firm and JV partner with May Riegler on Steamboat Basecamp Phase 1. Comparable multifamily development focus and serves similar institutional capital partners in select U.S. growth markets.
Broad incumbents
- JBG SMITH Properties: Larger publicly traded DC-area REIT/developer focused on mixed-use, multifamily, and office in the Capital Region. Operates in the same geographic market with broader asset base and institutional scale beyond May Riegler's boutique developer model.
- Greystar Real Estate Partners: Largest U.S. multifamily developer, operator, and investment manager. Operates at significantly greater scale but shares multifamily rental development exposure (Madison House, Blackbird DC, Coda on Half, Steamboat Basecamp Lofts) and acquisition activity in supply-constrained markets.
Emerging players
- Aparium Hotel Group: Boutique third-party hotel management and development group operating Hotel Heron on May Riegler's behalf. Comparable in the boutique adaptive-reuse hospitality niche — both specialize in transforming historic structures into high-design hospitality assets.
Regional players
- Riverside Homes: Northern Virginia and DC-region residential developer focused on townhome and single-family for-sale product. Partial overlap with MR Homes (May Riegler's residential division) in the DC metro for-sale townhome market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
May Riegler social profiles
Digital presenceMay Riegler financial estimates
Financial estimateRevenue estimate
Valuation estimate
May Riegler leadership team
Management profileNumber of profiles
Profiles14 records
May Riegler subsidiaries and ownership
Company hierarchySubsidiaries1 record
May Riegler funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
May Riegler M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about May Riegler
What does May Riegler do?
May Riegler Properties is a real estate development and investment firm that acquires, entitles, develops, and manages multifamily, hospitality, industrial, and residential projects. The company delivers mixed-use, adaptive reuse, and ground-up developments in the Washington D.C., Maryland, and Colorado markets, selling completed assets to institutional buyers and operating rental, for-sale residential, and hospitality products.
Is May Riegler a public or private company?
May Riegler is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was May Riegler founded?
May Riegler was founded in 2009. It employs 11 to 50 people.
Where is May Riegler based?
May Riegler is headquartered in Washington, United States, in the North America region.
How does May Riegler make money?
Three revenue lines are on record. Development and Sale of Real Estate is the primary driver. The others are leasing and Asset Management and hospitality Operations.
Who are May Riegler's main competitors?
Direct peers on record are MRP Realty, Penzance Real Estate, Hoffman & Associates, Quadrangle Development, StonebridgeCarras and Capital Square Realty & Development. Broad incumbents are JBG SMITH Properties and Greystar Real Estate Partners. Aparium Hotel Group is listed as an emerging player. Riverside Homes is listed as a regional player.
Does May Riegler have an API?
No public API is recorded for May Riegler.
What industry is May Riegler in?
May Riegler's product category is Real Estate Development. Its primary akta.pro industry code is BPAJABAH, Special Purpose & Alternative Asset Brokerage. Its NAICS code is 53131 and its SIC code is 6531.