Forza
Forza Commercial Real Estate is a privately held Indiana-based real estate developer founded in 2015 that develops, acquires, renovates, and manages residential apartment communities and commercial properties across six Midwestern and Southeastern US states, serving individual renters and small-to-medium commercial tenants.
- Company typePrivate
- Founded2015
- HeadquartersIndianapolis, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Forza does
Forza Commercial Real Estate is a privately held real estate development and property management firm founded in 2015 and headquartered in Central Indiana (Indianapolis / Lebanon). The company develops, acquires, renovates, and operates a portfolio of commercial and residential rental properties across six states — Indiana, Ohio, Illinois, Missouri, Kentucky, and Florida. Forza serves two primary customer segments: residential renters seeking quality, affordable housing in Midwest secondary markets (offering renovated apartment homes and single-family rental villas with modern appliances and amenities), and small-to-medium commercial tenants seeking retail, office, mixed-use, and industrial space in community-oriented developments.
The company's core product lines are Commercial Development (mixed-use buildings, business centers, industrial properties), Residential Development (apartment communities and rental villas, ranging from 15 to 80 units per property), and Renovation Services (modernization of older properties with new appliances, finishes, and technology upgrades to drive rent growth). The portfolio comprises approximately 10 commercial properties and 12+ residential communities totaling roughly 240+ residential units. Underlying technology is traditional real estate development and engineering — there is no proprietary software platform, app, or AI/data product. The company operates a direct-to-consumer leasing model with no third-party brokers; pricing is quote-based and recurring monthly.
Forza's revenue model is straightforward subscription/recurring rental income from residential and commercial leases. The business is owner-operated (partnership structure with named Partner Patrick McGinley), with a lean leadership team and 1-10 total employees. Growth has been funded organically through acquisitions and operational cash flow — no venture capital, private equity, or institutional capital has been disclosed. The most significant recent strategic action was the December 2025 acquisition of an 80-unit Danville, Illinois apartment community, alongside an April 2025 addition of new leadership to support continued portfolio expansion.
Forza firmographics
Firmographics- Name
- Forza
- Legal name
- Forza Commercial Real Estate
- Website
- https://forzacre.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Forza Commercial Real Estate is a privately held Indiana-based real estate developer founded in 2015 that develops, acquires, renovates, and manages residential apartment communities and commercial properties across six Midwestern and Southeastern US states, serving individual renters and small-to-medium commercial tenants.
- Ownership category
- akta.pro rank
Forza industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Residential Property Managers (531311), Nonresidential Property Managers (531312), Lessors of Real Estate (5311), New Multifamily Housing Construction (except For-Sale Builders) (236116)
- SIC
- Real Estate Agents & Managers (For Others) (6531), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where Forza is headquartered
LocationHeadquarters
- HQ city
- Indianapolis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Forza business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Residential Property Rentals: Revenue generated from rental income from residential apartment communities and villa properties across multiple states.
- Commercial Property Leasing: Revenue from leasing commercial spaces including mixed-use buildings, business centers, and industrial properties to business tenants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Residential rental rates - quote-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Forza product offering
Product offeringCore offering
Forza is a commercial real estate firm that develops, owns, leases, and renovates residential and commercial properties across the U.S. Midwest and Florida. The company operates a portfolio of more than 12 residential apartment communities and roughly 10 commercial properties, offering rental villas, apartments, mixed-use buildings, business centers, and industrial spaces alongside renovation services that modernize older properties.
Product overview
Forza Commercial Real Estate is a real estate development company founded in 2015, headquartered in Central Indiana, that operates a portfolio of commercial and residential properties. The company offers three core service lines: Commercial Development (focused on community-oriented commercial properties), Residential Development (rental villas and apartments for single family communities), and Renovation Services (property modernization). The portfolio includes approximately 10 commercial properties across Indiana, Ohio, Missouri, Kentucky, and Florida, and over 12 residential apartment communities in Indiana, Illinois, and Ohio, ranging from 15-unit garden-style properties to 80-unit communities. The company serves as both property developer and manager, focusing on quality construction, sustainability, safety, and technology in its developments.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Development Commercial real estate development solutions designed to set businesses up for success, focusing on community-oriented properties that nurture and develop community relationships. Includes mixed-use buildings, business centers, and industrial spaces leased to business tenants.
- Residential Development High-quality rental villas catering to single family communities with newly renovated one, two, or three-story rentals featuring luxurious open concept kitchens, one to three-bedroom options, attached garages, and modern amenities. Targets individuals and families seeking affordable rental housing.
- Renovation Services
Companies that use Forza
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Forza technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Forza partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights4 records
Forza competitors and assessment
Company assessmentDirect peers
- Milhaus: Indianapolis-based multifamily developer and operator focused on Class A urban and suburban communities across the Midwest. Highly comparable to Forza on geography (Indiana-centric), asset class (multifamily), and development-led business model.
- Birge & Held: Indianapolis-headquartered multifamily investment and management firm with a sizable Midwest portfolio of renovated apartment communities. Comparable to Forza in target markets, value-add renovation approach, and small-mid multifamily unit counts.
- The Annex Group: Indianapolis-based affordable multifamily developer and owner with developments across the Midwest. Comparable to Forza on affordable-rental focus, Midwest geographic footprint, and mixed new-construction plus renovation pipeline.
- Edward Rose & Sons: Family-owned multifamily developer, owner, and manager with deep Midwest presence and a portfolio of garden-style apartment communities. Comparable to Forza on asset class, geography, and long-held, vertically integrated operating model.
- Beztak: Michigan-based diversified real estate company that develops, owns, and manages multifamily, senior living, and commercial properties across the Midwest. Comparable to Forza on portfolio composition and regional focus.
- TWG Holdings: Indianapolis-based real estate investment and development firm active in affordable housing, multifamily, and commercial assets across the Midwest. Comparable to Forza on Indiana base, mixed residential/commercial strategy, and affordable-rental focus.
Broad incumbents
- Greystar Real Estate Partners: Largest multifamily operator and investment manager globally with a broad U.S. footprint including Midwest markets. Comparable to Forza as a multifamily operator at scale, but vastly larger, institutionally backed, and not focused on small-town secondary markets.
- Asset Living: National multifamily property management and investment firm with significant third-party management operations. Comparable to Forza as a multifamily operating platform, though much larger and primarily a fee manager rather than principal owner.
- Village Green: National multifamily property management and investment company with Midwest exposure. Comparable to Forza on multifamily operations but operates at significantly greater scale and primarily as a third-party manager.
Emerging players
- Havenpark Homes: Midwest-focused single-family rental community operator that acquires and renovates residential properties for rent. Comparable to Forza's value-add residential strategy, though Havenpark focuses on single-family rather than small multifamily.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Forza social profiles
Digital presenceForza financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forza leadership team
Management profileNumber of profiles
Profiles4 records
Forza funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forza 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 Forza
What does Forza do?
Forza is a commercial real estate firm that develops, owns, leases, and renovates residential and commercial properties across the U.S. Midwest and Florida. The company operates a portfolio of more than 12 residential apartment communities and roughly 10 commercial properties, offering rental villas, apartments, mixed-use buildings, business centers, and industrial spaces alongside renovation services that modernize older properties.
Is Forza a public or private company?
Forza is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Forza founded?
Forza was founded in 2015. It employs 1 to 10 people.
Where is Forza based?
Forza is headquartered in Indianapolis, United States, in the North America region.
How does Forza make money?
Two revenue lines are on record. Residential Property Rentals are the primary driver. The others are commercial Property Leasing.
Who are Forza's main competitors?
Direct peers on record are Milhaus, Birge & Held, The Annex Group, Edward Rose & Sons, Beztak and TWG Holdings. Broad incumbents are Greystar Real Estate Partners, Asset Living and Village Green. Havenpark Homes is listed as an emerging player.
Does Forza have an API?
No public API is recorded for Forza.
What industry is Forza in?
Forza's product category is Commercial Real Estate Development. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 531311 and its SIC code is 6531.