Patoma

What Patoma does

Patoma is a privately-held, full-service real estate development, construction, and management firm headquartered in Brooklyn, New York. Founded in 2012 by Paul Henry and Thomas Finnican, former University of Pennsylvania classmates, the firm operates with a vertical integration model: it identifies and acquires sites, leads development design (Henry) and construction execution (Finnican), performs much of the build work in-house through its New York City General Contractor license, and manages completed residential assets. Its core focus is multi-unit residential development — gut renovations, new construction, and repositioning — across Brooklyn and the Bronx, with a stated product specialization in share apartments designed for NYC's young professional workforce. Documented projects include a 47-unit gut renovation/new construction in Brooklyn and a 29-unit repositioning in the Bronx.

The firm's business model spans three revenue streams: development fees and property appreciation tied to project sale or lease (one-time), in-house construction services (one-time, milestone-based), and ongoing property management for completed assets (recurring). It sells and leases directly to end consumers, primarily individual young professionals and tenants, with no external institutional investors, no parent company, and no disclosed funding rounds. The firm has completed or has under construction projects with a total capitalization of more than $100 million.

Operationally, Patoma runs a lean team (stated headcount 1–10) and relies on founder-led oversight. Its digital footprint is minimal — limited to a marketing site and an AppFolio-powered tenant portal — and there is no disclosed proprietary technology, AI/ML capability, or software product. Pricing and unit economics are not publicly disclosed, consistent with private developer norms where pricing is determined per project based on scope, location, and specifications.

Name

Patoma

Legal name

Patoma

Website

https://patoma.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Patoma is a Brooklyn-based, full-service real estate development, construction, and management firm specializing in multi-unit residential projects — including share apartments — designed for NYC's young professional workforce in Brooklyn and the Bronx.

Ownership category

akta.pro rank

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development: Development fees and property appreciation from residential development projects. Projects include new construction and gut renovations, repositioning of existing properties. Revenue realized upon project completion and sale or lease of units.
2. Construction Services: General contracting services for their own development projects, undertaken in-house to control project details and quality. Being fully licensed and insured as a General Contractor in NYC enables them to perform much of the construction work directly.
3. Property Management: Ongoing property management services for completed development projects, generating recurring revenue from tenant management.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Patoma is a full-service real estate development, construction, and management firm based in Brooklyn, NY. The company acquires, designs, and develops residential and mixed-use properties in NYC (Brooklyn and Bronx), undertaking much of the construction work in-house as a licensed General Contractor. It also provides ongoing property management for its completed developments, offering an integrated end-to-end real estate service.

Product overview

Patoma is a full-service real estate development, construction, and property management firm based in Brooklyn, New York. The company offers integrated real estate services encompassing acquisition, development design, construction execution, and property management. As a fully licensed and insured General Contractor in NYC, Patoma undertakes construction work in-house to control project details. The company is led by co-founders Paul Henry (acquisition and development design) and Thomas Finnican (construction and development execution), and has completed or has under construction projects with total capitalization exceeding $100 million. No distinct software products, modules, or branded service offerings beyond the company's core real estate services are referenced in the available source material.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Development Services
• General Contracting / Construction Services
• Property Management Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• The Gotham Organization: NYC-based developer of luxury and market-rate rental and for-sale residential properties, including significant Brooklyn portfolio. Comparable on multifamily residential development and NYC focus, though Gotham operates at materially larger scale.
• Two Trees Management: Largest privately-held Brooklyn-based real estate developer, known for Domino Sugar Factory and large-scale residential developments in Brooklyn. Directly comparable to Patoma on geography (Brooklyn focus) and product (residential multifamily), but operates at significantly greater scale and capital base.
• L+M Development Partners: Large NYC-based developer of affordable, mixed-income, and market-rate multifamily housing with deep municipal relationships. Comparable to Patoma on multifamily residential focus and NYC geography, but at substantially greater institutional scale.
• The Brodsky Organization: Long-standing family-owned NYC real estate developer with a major multifamily portfolio across Manhattan and Brooklyn, including ground-up development and value-add repositioning. Comparable to Patoma on integrated development/ownership and NYC geography, though at far greater scale.

Direct peers

• BRP Companies: NYC-based multifamily developer with active pipeline of market-rate and mixed-income rental developments across Brooklyn, the Bronx, and other outer-borough neighborhoods. Closely comparable to Patoma in target geography (Brooklyn, Bronx), product type (multifamily rental), and project scale.
• Monadnock Development: Brooklyn-based mission-driven developer specializing in affordable and mixed-income multifamily housing across NYC. Comparable to Patoma in Brooklyn focus, multifamily residential development, and integration of development with construction and management.
• Magnum Real Estate Group: NYC-based real estate investment and development firm focused on ground-up and value-add multifamily and mixed-use projects in Brooklyn, the Bronx, and Queens. Closely comparable to Patoma on outer-borough geography, multifamily product, and project-level scale.
• Arker Companies: NYC-based developer specializing in new construction and rehabilitation of affordable and market-rate multifamily housing across Brooklyn, the Bronx, and Queens. Comparable to Patoma on geography, multifamily residential product, and integration of development with in-house construction capability.

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/patoma-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Patoma