The Nehemiah Company

What The Nehemiah Company does

The Nehemiah Company is a private real estate development firm founded in 2012 and headquartered in Arlington, Texas, that develops master-planned communities, multifamily rental properties, and build-to-rent single-family communities in the Dallas/Fort Worth Metroplex and select Colorado markets. Its core platform spans four service lines: master-planned community development (large-scale sustainable communities such as the 2,000-acre Viridian, 612-acre Talia in Mesquite, and 565-acre Karis in Crowley); multifamily development (including the 353-unit Roosevelt and 358-unit The Truman at Arlington Commons); build-to-rent single-family rental communities (Zetta, Avena, Mission Town Square, Mission at Johnson Creek, Mission on Ascension); and in-house property management through Nehemiah Management. The firm's technical approach emphasizes sustainable, pedestrian-oriented design integrating public pathways, parks, and open space; Viridian is one of only a handful of Texas master-planned communities certified to Audubon Gold Signature Standards, with 500 acres of open space and 500 acres of lakes, rivers, streams, and wetlands. The company has adopted third-party construction technology (TraceAir) for data-driven earthwork management on large-scale projects.

The Nehemiah Company's business model combines one-time development revenue from finished lot sales to homebuilders (David Weekley, Drees Custom Homes, Highland Homes, Cadence Homes, Chesmar Homes) and from completed for-sale homes priced from the $280,000s to over $423,000s, with recurring revenue from build-to-rent rental operations and third-party property management through Nehemiah Management. Its go-to-market is relationship-driven, partnering directly with local municipalities in public-private partnership arrangements — exemplified by the $200 million, 1,328-unit Arlington Commons redevelopment with the City of Arlington, which received unanimous council support and is projected to generate $2.9 billion in property on tax rolls and $346 million in net benefits over 30 years while saving more than $300 million in infrastructure costs through offset arrangements. The company is founder-led by Robert Kembel and operates without disclosed institutional investment or parent company.

Name

The Nehemiah Company

Legal name

The Nehemiah Company

Website

https://thenehemiahcompany.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

The Nehemiah Company is a private Arlington, Texas-based real estate developer building master-planned communities, multifamily rentals, and build-to-rent single-family homes in the DFW Metroplex and Colorado, serving homebuyers, renters, homebuilders, and municipal partners through public-private partnerships.

Ownership category

akta.pro rank

Product category

Master-planned community real estate development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Master-planned community development
• Multifamily real estate development
• Build-to-rent homes
• Property management services
• Public-private partnerships

Headquarters

HQ city

Arlington

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Community Development and Home Sales: Revenue generated through development and sale of master-planned communities, including finished lots to homebuilders, completed multifamily units, and build-to-rent single-family communities. Home sales prices range from $280,000s to $423,000s depending on community and floor plan.
2. Property Management Services: Property management services through Nehemiah Management, managing multifamily communities including new development, lease up, multi-phased properties, turnkey acquisitions, and TDHCA bonded and affordable properties. Previous clients include public private partnerships, pension funds, individual investors, lenders and government agencies.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

The Nehemiah Company develops master-planned communities, multifamily apartment communities, and build-to-rent single-family rental communities in partnership with local municipalities, primarily in the Arlington/DFW Metroplex and select Colorado markets. The firm plans and entitles large-scale communities, delivers finished lots to national homebuilders, and operates an in-house property management arm (Nehemiah Management/TNC Management) for its multifamily and rental portfolio.

Product overview

The Nehemiah Company is a real estate development firm specializing in master-planned community, multifamily, and build-to-rent development in the Arlington/DFW Metroplex and Colorado. The company operates four core service lines: Master-Planned Community Development (creating large-scale sustainable communities like Talia with 2,500 homes, Karis with 2,500 homes, and Viridian with 2,000 acres), Multifamily Development (luxury apartment communities including Arlington Commons - The Roosevelt with 353 units and The Truman with 358 units), Build-to-Rent Community Development (single-family rental communities including Zetta, Avena, Mission Town Square, Mission at Johnson Creek, and Mission on Ascension), and TNC Property Management (providing management services for their multifamily and build-to-rent portfolio). Their portfolio spans master-planned communities with thousands of planned homesites, multifamily complexes with hundreds of units, and single-family rental communities with dozens to over 100 homes each, all focused on creating resilient communities that age gracefully.

Differentiator

Problem solved

Functional benefit

Brands

• Nehemiah Management: Property management division providing exceptional customer service for multifamily communities with over 25 years of combined experience.

Products and services

• Master-Planned Community Development Development of large-scale, sustainable master-planned communities with comprehensive infrastructure, amenities, and diverse housing options, designed in partnership with municipalities for long-term resilience. Communities include Viridian (2,000 acres, Audubon Gold Signature certified), Talia (612 acres), Karis (565 acres), Falcon Creek (230 homesites), Buffalo Ridge (93 homesites), and Wildcat Ridge (500 homes on 320 acres).
• Multifamily Development Modern luxury apartment community development offering high-end rental units with premium amenities (resort-style pools, coworking spaces, fitness centers, on-site coffee shops) in urban and suburban locations, including Arlington Commons - The Roosevelt (353 units, completed 2018) and Arlington Commons - The Truman (358 units, featuring a first-of-its-kind Nerd Street Gamers esports lounge in Texas).
• Build-to-Rent Community Development Single-family rental community development combining the personal space of standalone homes with luxury leasing experience and maintenance-free living. Communities include Zetta (65 homes, Arlington, TX), Avena (42 homes, Farmers Branch, TX), Mission Town Square (67 homes, Hurst, TX), Mission at Johnson Creek (106 homes, Arlington, TX), Mission on Ascension (108 homes, Arlington, TX), and Echelon at Reverchon Bluffs (82 homes, Dallas, TX), with smart home packages, modern finishes, and green spaces.
• TNC Management (Property Management) In-house property management services providing customer service and operations for multifamily and build-to-rent communities, including new development lease-up, multi-phased property management, turnkey acquisitions, and management of TDHCA-bonded and affordable housing. Previous institutional clients include public-private partnerships, pension funds, individual investors, lenders, and government agencies. Operates under the Nehemiah Management / TNC Management brand with over 25 years of combined Multifamily industry experience.
• Karis Master-Planned Community 565-acre master-planned community in Crowley, TX offering approximately 2,500 homes with diverse product types including townhomes and single-family homes priced from the $280,000s, featuring community parks, lifestyle amenities, and 35'-60' homesite options. Phase I includes 325 homesites. Won the 2023 Dallas Business Journal Best Real Estate Deals award in the Single-Family or Masterplanned Community category.
• Viridian Master-Planned Community 2,000-acre master-planned community in Arlington, TX featuring five major lakes, 500 acres of open space, 500 acres of lakes/rivers/streams/wetlands, Audubon Gold Signature Sanctuary Certification, and diverse housing from townhomes to custom homes with premium homesites ranging from the $250,000s to over $1 million.
• Talia Master-Planned Community 612-acre new-home master-planned community in Mesquite, TX featuring over 30 miles of trails, lakes, parks, and sustainability-focused design, with approximately 2,500 homes planned and diverse product types from starter homes to larger family residences.
• Arlington Commons - The Roosevelt (Multifamily) 353-unit luxury rental apartment community in Arlington, TX completed in 2018 as part of the ten-year Arlington Commons $200 million public-private partnership redevelopment project near Globe Life Ballpark and AT&T Stadium.
• Arlington Commons - The Truman (Multifamily) 358-unit upscale rental community in Arlington, TX featuring one to three-bedroom apartments with resort-style pool, coworking spaces, on-site coffee shop, and a dedicated esports lounge by Nerd Street Gamers with free game time included for residents.
• Zetta Build-to-Rent Community Contemporary 65-home single-family rental community in Arlington, TX offering pet-friendly homes with smart home packages and modern finishes.
• Avena Build-to-Rent Community 42-home single-family rental community in Farmers Branch, TX featuring high-end finishes, fitness center, and community gathering areas.
• Mission Town Square Build-to-Rent Community 67-home single-family rental community in Hurst, TX offering newly upgraded one-, two-, and three-bedroom homes with green spaces and walking trails.
• Mission at Johnson Creek Build-to-Rent Community 106-home single-family rental community in Arlington, TX featuring green living with walking trails, parks, and quality-crafted homes.
• Mission on Ascension Build-to-Rent Community 108-home single-family rental community in Arlington, TX now leasing, with modern convenience and proximity to AT&T Stadium and the University of Texas at Arlington.
• Falcon Creek Master-Planned Community 230-homesite single-family master-planned community in Littleton, CO featuring parks, walking trails, and recreational facilities with easy access to major highways.
• Buffalo Ridge Master-Planned Community 93 premium homesite community in Castle Pines, CO surrounded by Daniels Park, with high-end custom-built homes and access to world-class golf nearby.
• Nehemiah Management / TNC Property Management Services Property management services for multifamily and build-to-rent communities with over 25 years of combined experience, including new development lease-up, multi-phased properties, turnkey acquisitions, and TDHCA-bonded and affordable housing.

Quantifiable outcome

• Public-private partnership saved $300 million+ in infrastructure costs
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core.

• Nerd Street GamerscoreStrategic or Co-development Partner · 4 February 2022Partnership to bring esports/gaming lounge amenity to Arlington Commons (The Truman). First-of-its-kind amenity in Texas providing high-performance gaming PCs, consoles, and gaming monitors. 358-unit apartment community with dedicated esports space with free game time included with residency.
• Johnson DevelopmentcoreStrategic or Co-development PartnerThe Nehemiah Company serves as owner's representative for Johnson Development who acquired Viridian in 2015. Viridian is a 2,000-acre master-planned community.
• Home Builders (David Weekley Homes, Drees Custom Homes, Highland Homes, Cadence Homes, Chesmar Homes)coreChannel Partner/ Reseller/ DistributorNational and regional home builders offering floor plans in master-planned communities. Each builder brings unique home styles, floor plans, and price points from townhomes through estate homes.
• City of ArlingtoncoreStrategic or Co-development PartnerPublic-private partnership for Arlington Commons $200 million redevelopment project. Received unanimous support from Arlington City Council. 1,328-unit luxury rental development over ten years near Globe Life Ballpark and AT&T Stadium.
• Local Municipalities (Arlington, Mesquite, Crowley, Hurst, Farmers Branch)coreStrategic or Co-development PartnerPartnerships with local city and county governments in redevelopment of infill locations in DFW Metroplex, primarily focusing on housing development.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Hillwood Communities: Hillwood Communities is one of the largest master-planned community developers in the Dallas-Fort Worth market, developing large residential communities with sustainability and amenity programs — directly comparable to The Nehemiah Company's MPC operating model in the same geography.
• Highland Homes: Highland Homes is a Texas-based homebuilder and an active buyer of lots in Nehemiah's Karis community (first home closed 2024). It is a direct peer as both a channel partner and competing for-sale builder across DFW MPCs.
• Johnson Development: Johnson Development is a major Houston-based MPC developer that acquired the 2,000-acre Viridian community in 2015 — The Nehemiah Company serves as owner's representative on that exact asset, making Johnson Development a direct operational peer in master-planned community development.

Broad incumbents

• Lennar: Lennar is one of the largest U.S. homebuilders with a sizable Texas footprint (Lennar Homes, Village Builders) — competes for both finished-lot supply in MPCs and as a builder partner candidate within communities like Talia, Karis, and Viridian.
• D.R. Horton: D.R. Horton is the largest U.S. homebuilder with extensive MPC and for-sale operations in the DFW market — a broad incumbent competing for infill land, builder partnerships, and lot absorption share against Nehemiah's communities.
• PulteGroup: PulteGroup is a national homebuilder with significant Texas operations including MPC participation and lot acquisitions — comparable as a broad incumbent competing for lot supply and homebuilder relationships within Nehemiah's MPCs.

Emerging players

• AMH (American Homes 4 Rent): AMH is a leading institutional single-family rental (build-to-rent) operator with a substantial Texas portfolio — competes directly with Nehemiah's Mission, Zetta, and Avena build-to-rent communities on renter demand and capital-cost-driven acquisition.
• Greystar Real Estate Partners: Greystar is the largest U.S. multifamily property manager and operator with a meaningful DFW presence — overlaps with The Nehemiah Company's Nehemiah Management / TNC Management line of business in third-party multifamily management.

Regional players

• Perry Homes: Perry Homes is a Texas-focused luxury homebuilder (Houston/Dallas/San Antonio/Austin) — comparable as a regional builder that often purchases finished lots in master-planned communities, similar to the partnerships Nehemiah has built with Chesmar, Highland, Cadence, and Weekley.
• HistoryMaker Homes: HistoryMaker Homes is a Texas-focused homebuilder operating in Dallas-Fort Worth, Houston, Austin, and San Antonio — a regional peer comparable to Highland and Chesmar in building homes on lots Nehemiah sells inside its master-planned communities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TNCDEV
• LinkedInlinkedin.com/company/the-nehemiah-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 The Nehemiah Company