McCarthy Companies

What McCarthy Companies does

McCarthy Companies, founded in 1980 and headquartered in Ventura, California, is a privately held, full-service multifamily general contractor, construction manager, and developer operating across approximately five U.S. states (California, Texas, Arizona, Idaho, Florida). The company delivers vertically integrated services spanning land acquisition, entitlements, development management, preconstruction, general contracting, construction management, and post-construction services, with a project portfolio of 4,775+ residential units exceeding $1 billion in combined value and 1,572 multifamily units actively underway in 2025. Service lines cover affordable multifamily, market-rate multifamily, senior housing, single-family, build-to-rent, and mixed-use developments, with documented expertise in public-private partnerships, LIHTC, RAD, Project Homekey, and other affordable housing financing mechanisms.

The underlying technology stack is conventional construction rather than software-driven: build methodologies include GreenPoint Rated certification, ENERGY STAR appliances, and Net-Zero energy construction (e.g., Paseo Nuevo and Terraza de Las Cortes in Oxnard). The company maintains two affiliated entities — Homes & Hope (a nonprofit affordable housing developer) and the McCarthy Homes sub-brand — that extend the platform's vertical reach. There are no disclosed software products, APIs, AI/ML capabilities, or proprietary technology beyond process systems refined over four decades.

Revenue is generated through project-based fee arrangements: construction management fees on client-owned projects, general contracting margin on cost-plus or fixed-price contracts, development management fees, and equity participation in build-to-rent joint ventures with institutional investors such as BlackRock Realty Advisors, Montgomery Street Partners, and New Growth Living. Customer segments include public housing authorities (e.g., HACSB, City of San Buenaventura, Oxnard Housing Authority), nonprofit developers (e.g., People's Self Help Housing, Many Mansions, Cabrillo EDC, Homes & Hope, NPHS), private market-rate developers, and institutional real estate investors (e.g., Kennedy Wilson, Dansk Investment Group). Distribution is exclusively direct enterprise B2B sales via relationship-based business development and competitive procurement/RFP processes.

Name

McCarthy Companies

Legal name

McCarthy Companies

Website

https://gomccarthy.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

McCarthy Companies is a Ventura, California-based privately held full-service multifamily general contractor, construction manager, and developer serving public housing authorities, nonprofit housing developers, and institutional investors across affordable, market-rate, senior, and build-to-rent housing segments in California, Texas, Arizona, Idaho, and Florida.

Ownership category

akta.pro rank

Product category

Residential Construction Services

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Construction Management (Agency/Owner’s Rep) (IMAFAAAC)

Keywords

• Multifamily general contracting
• Affordable housing development
• Build-to-rent communities
• Construction management services
• Residential real estate development

Headquarters

HQ city

Ventura

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting Services: Provides full-service general contracting for multifamily, single-family, senior, and mixed-use housing projects. Revenue generated through construction contracts with fees based on project cost plus margin. Services span preconstruction, general construction, and post-construction phases.
2. Construction Management Services: Project planning, contract management, onsite supervision, quality control, and detailed reporting for client-owned projects. Fee-based engagement model.
3. Development Management: Provides project visioning, financing coordination, investment analysis, risk and equity management, land acquisition, zoning and permitting, and collaborative partnership facilitation.
4. Build-to-Rent Development: Joint venture development partnerships with institutional investors for single-family build-to-rent communities. Company provides development and construction management services with equity participation.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

McCarthy Companies is a full-service multifamily general contractor, construction manager, and developer managing every phase of the building process from acquisitions and entitlements to construction and occupancy. The company delivers multifamily, single-family, senior, and mixed-use housing across both market-rate and affordable sectors, with vertically integrated capabilities spanning preconstruction, general construction, and post-construction phases.

Product overview

McCarthy Companies operates as a full-service multifamily general contractor, construction manager, and developer with a vertically integrated platform. The company offers four core services: General Contracting (new construction and rehabilitation), Development Management, Construction Management, and Build-to-Rent. McCarthy Companies manages projects across multifamily, single-family, senior, and mixed-use housing in both market-rate and affordable sectors. The company is affiliated with two sub-brands: McCarthy Homes (focused on residential development and property management) and Homes & Hope (an affordable housing developer). Services span the full project lifecycle from acquisitions and entitlements through construction and occupancy, with emphasis on public-private partnerships in the affordable housing sector.

Differentiator

Problem solved

Functional benefit

Brands

• Homes & Hope: An affiliate of McCarthy Companies, Homes & Hope is an affordable housing developer driven by a singular mission: to provide affordable, safe, and welcoming homes for those in need. This organization aims to balance the nonprofit affordable housing model's positive aspects with the efficiency, market responsiveness, and innovation of a market-rate developer.

Products and services

• General Contracting Services Full-service general contracting for new construction and rehabilitation projects across multifamily, single-family, senior, and mixed-use housing sectors, spanning preconstruction through post-construction phases for housing authorities, nonprofit developers, and private investors.
• Development Management Comprehensive development management services including project visioning and financing, investment analysis, risk and equity management, land acquisition, zoning and permitting, and collaborative partnership facilitation for residential development projects.
• Construction Management Construction management services encompassing project planning, contract management, onsite supervision, quality control, and detailed reporting for client-owned residential development projects on a fee-based engagement model.
• Build-to-Rent Development Build-to-rent development service delivering single-family homes or townhomes as neighborhood communities with private yards and open green space, targeting institutional investors and renters seeking homeownership-style living with professional management via joint venture partnerships.

Quantifiable outcome

• Delivered over 4,775 residential units with combined value exceeding $1 billion
• +4 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

15 partnerships are on record, tiered core and major.

• Neighborhood Partnership Housing Services (NPHS)coreStrategic or Co-development Partner · 1 January 2026Three-way partnership between McCarthy Companies, Homes & Hope, and NPHS to accelerate affordable housing delivery in Southern California. McCarthy brings construction innovation and preconstruction expertise, Homes & Hope provides development leadership, and NPHS contributes nonprofit mission alignment. The vertically integrated platform is designed to deliver affordable homes more efficiently from vision to occupancy.
• Homes & HopecoreStrategic or Co-development Partner · 1 January 2024McCarthy Companies partnered with Homes & Hope, a leading affordable housing developer. McCarthy provides in-house development management, construction management, and general contracting expertise while Homes & Hope contributes nearly 20 years of affordable housing development expertise. The partnership creates a vertically integrated platform for affordable housing delivery. Homes & Hope offers turnkey development, JV partnership, general contracting, or construction management services through this collaboration.
• Montgomery Street Partners (MSP)coreStrategic or Co-development PartnerMultiple joint venture partnerships for build-to-rent developments. McCarthy provides development and construction management services on BTR communities including Alpine Landing (Garden City, ID), Rancho Mercado (Surprise, AZ), Twelve Oaks (Liberty Hill, TX), and Vireo Medical District (McKinney, TX). Partnership has produced multiple successful BTR projects across multiple states.
• New Growth LivingcoreStrategic or Co-development PartnerJoint venture partner on multiple BTR developments including Twelve Oaks in Liberty Hill, TX and Vireo Medical District in McKinney, TX.
• Housing Authority of the City of Santa BarbaracoreStrategic or Co-development PartnerPartnership on Jacaranda Court (63-unit affordable workforce housing) and Monteria Village (80-unit affordable redevelopment). McCarthy provides general contracting and preconstruction services.
• Cabrillo Economic Development Corporation (CEDC)coreStrategic or Co-development PartnerPartnership on Camino de Salud (49-unit affordable senior development near Ojai) and Village Senior Apartments in Buellton (50 affordable senior units). McCarthy provides preconstruction and general contracting services.
• Burbank Housing Corporation (BHC)coreStrategic or Co-development PartnerDevelopment partnership on The Village at Fairview in Burbank (60 affordable homes). McCarthy providing preconstruction services; Homes & Hope assisting BHC in securing state and federal funding. This is BHC's first Low-Income Housing Tax Credit development.
• Kennedy WilsonmajorChannel Partner/ Reseller/ DistributorGlobal real estate investment company partnership on Anacapa Canyon master-planned community adjacent to CSUCI. McCarthy provided general contracting for 310 market-rate apartments (The Villas at Anacapa) and horizontal infrastructure for 600+ residential units.
• Dansk Investment GroupmajorStrategic or Co-development PartnerVentura County-based real estate firm partnership on The Olive Apartment Homes (43-unit market-rate Phase 1 of 121 total units). McCarthy provided preconstruction and construction services including extensive structural redesign.
• Many MansionsmajorStrategic or Co-development PartnerNonprofit affordable housing builder, property manager, and services provider partnership on multiple projects including Mountain View Apartments (77 affordable units in Fillmore). McCarthy provided preconstruction and construction services.
• People's Self Help HousingmajorStrategic or Co-development PartnerSan Luis Obispo-based nonprofit developer partnership on Hillcrest Homes (78 for-sale affordable homes in Thousand Oaks). McCarthy acts as builder while PSHHC serves as lead developer.
• Housing Authority of the City of San BuenaventuramajorStrategic or Co-development PartnerPublic-private partnership on Castillo del Sol (40-unit affordable for special needs), Willett Ranch (50 senior units), Valentine Road Project Homekey (134 permanent supportive housing units), and Vista del Mar Commons (142 affordable senior/disabled units).
• Area Housing Authority of the County of VenturamajorStrategic or Co-development PartnerPartnership on Walnut Apartments (24 cottage-style affordable units) and Mountain View Apartments (77 affordable units in Fillmore). McCarthy provides construction and preconstruction services.
• Oxnard Housing AuthoritymajorStrategic or Co-development PartnerPartnership on Paseo Nuevo Apartments (72 affordable units) and Terraza de Las Cortes (64 affordable units) with Las Cortes as co-developer. McCarthy acquired sites, entitled, designed, and built these net-zero energy communities.
• Housing Authority of the City of San Luis ObispomajorStrategic or Co-development PartnerPartnership on Nipomo 40 (40-unit affordable senior independent living facility) under public-private partnership. McCarthy acted as co-developer, completing entitlements and building the community.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. residential real estate platform spanning development, construction, and property management. Significant multifamily and BTR development arm; broader scale and capital access than McCarthy but the dominant institutional counterparty comparable for the BTR/investor segments McCarthy serves.
• Lennar Multifamily Communities (LMC): Lennar's multifamily/BTR development arm with national scale across Sun Belt and Western markets. Direct overlap in build-to-rent and institutional multifamily product type, though materially larger and more diversified than McCarthy.
• Related Companies: National multifamily and affordable housing developer with significant California presence and a broad, vertically integrated platform (development, construction, property management). Larger scale than McCarthy, but directly comparable in product type and target institutional investors.

Direct peers

• AMCAL Housing Partners: California-based developer and general contractor of affordable and market-rate multifamily housing with similar LIHTC, RAD, and public-private partnership capabilities. Comparable size and project type (multifamily affordable + market rate) with overlapping California housing-authority and nonprofit client base.
• BRIDGE Housing: California-focused nonprofit developer of affordable and workforce housing using LIHTC, RAD, and public-private partnerships. Directly comparable mission and customer base (housing authorities, municipalities, nonprofits) for McCarthy's affordable housing pipeline.
• Cahill Contractors: Bay Area general contractor with significant multifamily, affordable housing, and senior living portfolio. Directly comparable in size, product mix, and California public-agency / institutional customer base.
• National CORE: California-headquartered affordable housing developer using LIHTC, RAD, and mixed-finance public-private partnerships. Comparable affordable housing pipeline, mission, and partnership model to McCarthy's housing-authority and nonprofit engagements.
• Swinerton: West Coast-headquartered general contractor and construction manager with deep multifamily, affordable housing, and mixed-use experience. Closely comparable delivery model (GC + CM) and similar target markets in California and the Western U.S.
• W.L. Butler Construction: California general contractor focused on multifamily, affordable, senior, and build-to-rent housing. Similar size profile and product mix to McCarthy, with overlapping California and Western U.S. markets.
• Webcor: California-based general contractor and construction manager specializing in multifamily, affordable housing, and large mixed-use developments. Direct overlap in product type, customer base (institutional developers, public agencies), and geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCIaX_Bh5ruUpe8dibbjRcyg
• Facebookfacebook.com/McCarthyCompanies
• Instagraminstagram.com/mccarthycompanies_/?hl=en
• LinkedInlinkedin.com/company/mccarthy-companies

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 McCarthy Companies