Redburn Development Partners
Redburn Development Partners is a private Capital Region (NY) real estate developer specializing in adaptive reuse of historic properties, operating 1M+ sq ft of apartments, retail, hospitality, and medical assets under sub-brands like Slip 12, The Kenmore, and The Wick Hotel, with a proprietary All-In Living bundled-utility amenity.
- Company typePrivate
- Founded2013
- HeadquartersSchenectady, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Redburn Development Partners does
Redburn Development Partners is a private real estate development firm founded in 2013 and headquartered in Troy, New York, specializing in the adaptive reuse and historic preservation of underutilized urban properties across the New York Capital Region — Albany, Troy, Schenectady, Watervliet, and Hudson. The company's portfolio spans more than one million square feet of apartments, retail, office, medical, and hospitality assets under multiple sub-brands including Slip 12, The Kenmore, The Knick, 930 on Broadway, The Collar Factory Lofts, Tilley Lofts, State and Clinton, The Wick Hotel, and the in-development Catholic Central High School conversion. Its core differentiator is "All-In Living," a trademarked bundled-utility system combining on-site green electricity generation, fiber optic internet, DirectTV, heating/cooling, and water supply at a single flat monthly rate — a model the company has begun licensing to outside developers as a consulting service.
Redburn operates through three integrated entities: Redburn Development Partners (development), Redburn Property Services (maintenance, construction, and leasing), and Redburn Capital Management (an accredited-investor capital channel into individual projects). Revenue derives primarily from recurring residential and commercial rental income across the portfolio, with a growing contribution from the All-In Living utility bundle and ancillary consulting fees. The company uses a sales-led go-to-market combining direct property leasing, dedicated commercial-leasing and maintenance phone lines, branded property-listing websites, social media, regional press, and an investor portal. Notable execution includes three completed acquisitions between 2022 and 2024 — Kiernan Plaza ($1.25M), Huck Finn's Warehouse ($8M), and Catholic Central High School ($2.5M) — with redevelopment budgets totaling more than $95M, earning Albany Business Review's 2022 Developer of the Year and Deal of the Year.
Redburn Development Partners firmographics
Firmographics- Name
- Redburn Development Partners
- Legal name
- Redburn Development Partners
- Website
- https://redburndev.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Redburn Development Partners is a private Capital Region (NY) real estate developer specializing in adaptive reuse of historic properties, operating 1M+ sq ft of apartments, retail, hospitality, and medical assets under sub-brands like Slip 12, The Kenmore, and The Wick Hotel, with a proprietary All-In Living bundled-utility amenity.
- Ownership category
- akta.pro rank
Redburn Development Partners industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Residential Building Construction (2361), Commercial and Institutional Building Construction (23622), Residential Property Managers (531311)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Operative Builders (1531)
- akta.pro primary industry
- Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI)
- akta.pro secondary industries
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL), Commercial Real Estate Asset Management (BPAJAMAB)
Keywords
Where Redburn Development Partners is headquartered
LocationHeadquarters
- HQ city
- Schenectady
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Redburn Development Partners business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Apartment Rental Income: Rental income from market-rate apartments across multiple properties in the Capital Region of New York.
- All-In Living Utility Services: Bundled utility services (electricity, internet, TV, heating/cooling, water) provided to tenants at a flat monthly fee, generating revenue while offering cost savings versus traditional utilities.
- Commercial Space Leasing: Rental income from commercial spaces including restaurants, retail locations, and office space within mixed-use developments.
- Investment Management (Redburn Capital Management): Redburn Capital Management offers investment opportunities in Redburn projects for accredited investors, providing above average returns through socially responsible, environmentally sustainable and historically significant projects.
- Consulting Services: Redburn provides consulting services, energy system design and installation, Internet and DirecTV cabling and service to other developers who wish to offer All-In Living as an amenity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Skilled Construction Laborer position |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Redburn Development Partners product offering
Product offeringCore offering
Redburn Development Partners is a Troy, New York-based real estate development firm founded in 2013 that develops, owns, and operates commercial and residential properties in upstate New York's Capital Region. Its portfolio spans retail, medical office, hospitality/specialty, and multi-family residential assets, with an emphasis on historic building rehabilitation. The company also offers an "All-In Living" bundled utility-service program for its apartment residents and operates affiliated subsidiaries for property services and capital management.
Product overview
Redburn Development Partners is a real estate development company operating a diversified portfolio across the Capital District region of New York. The company's core offerings include All-In Living, a proprietary bundled utility service combining electricity, fiber optic internet, DirectTV, heating/cooling, and water at a flat monthly rate for residential tenants. The residential portfolio includes apartment complexes in Albany (The Kenmore, The Knick, Slip 12, 930 on Broadway), Troy (The Collar Factory Lofts), Schenectady (State and Clinton), and Watervliet (Tilley Lofts). Commercial leasing spaces are available at multiple properties. The company also develops medical office and hospitality/specialty properties. Redburn Capital Management provides investment opportunities for accredited investors in select projects. Redburn Property Services handles property management and maintenance operations.
Differentiator
Problem solved
Functional benefit
Brands
- All-In Living: A trademarked utility-bundling amenity system offering electricity generation, fiber optic internet, DirecTV, heating/cooling, and water services bundled at one flat monthly rate for tenants.
Products and services
- All-In Living A bundled utility and services package offered to tenants of Redburn's apartment communities, combining utilities and related living services into a single all-inclusive offering.
- Apartment Rentals Leasing of multi-family apartment units in Redburn's residential developments in the Capital Region of upstate New York.
- Commercial Real Estate Leasing Leasing of retail, medical office, and specialty commercial space owned and operated by Redburn in the Capital Region.
- Mixed-Use Real Estate Development Development of mixed-use properties that combine commercial and residential components within a single project.
- Multi-Family Residential Development Ground-up and adaptive-reuse development of multi-family apartment communities in the Capital Region.
- Historic Building Rehabilitation Adaptive-reuse and rehabilitation of historic structures into functional commercial or residential space, a signature element of Redburn's development approach.
- Medical Office Development Development and operation of medical office space for healthcare tenants within the Capital Region.
- Hospitality and Specialty Development Development of hospitality and specialty commercial properties for hospitality operators and specialty tenants.
- Redburn Capital Management Affiliated capital management subsidiary supporting real estate investment and asset management activities for the Redburn portfolio.
- Redburn Property Services Affiliated property services subsidiary providing property management and maintenance support for the company's owned portfolio.
Quantifiable outcome
- Energy costs lower than traditional utility providers
- +1 more outcomes
Companies that use Redburn Development Partners
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
Redburn Development Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature1 record
Redburn Development Partners partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Other Developers (All-In Living Consulting)minorRedburn provides consulting services, energy system design and installation, Internet and DirecTV cabling and service to other developers who wish to offer the trademarked All-In Living as an amenity to their residents.
Scale indicators14 records
Recent moves6 records
Expansion highlights6 records
Redburn Development Partners competitors and assessment
Company assessmentEmerging players
- Fairstead: Vertically integrated developer, owner and operator of multifamily housing with a focus on sustainable, energy-efficient building operations and utility management. Comparable to Redburn on integration of green utility systems into residential operations and on growing multifamily portfolio in secondary markets.
- Preservation of Affordable Housing (POAH): Nonprofit owner, developer and manager focused on preserving and developing affordable multifamily housing, often using historic rehabilitation tax credits. Comparable to Redburn on adaptive reuse expertise and tax-credit-driven underwriting, though operating in a more mission-driven segment.
Broad incumbents
- The Related Companies: Large national developer of mixed-use, multifamily and affordable housing, including adaptive reuse of historic industrial properties. Comparable to Redburn on product type and historic preservation, but operates at vastly greater scale and broader geography.
- Bozzuto Group: Northeast-based multifamily developer, owner and manager with a national operating platform. Comparable to Redburn on mixed-use urban multifamily development and integrated property management services.
Others
- National Trust Community Investment Corporation: Specialized investor in federal and state historic rehabilitation tax credits that finances adaptive reuse projects like Redburn's Huck Finn and Catholic Central redevelopments. Comparable as an enabler of Redburn's historic tax credit–driven business model rather than a direct competitor.
Direct peers
- The NRP Group: National multifamily developer specializing in mixed-income housing that frequently leverages LIHTC and historic tax credits on adaptive reuse and urban infill projects. Comparable to Redburn on tax-credit-driven urban multifamily development and mission-aligned investing.
- L+M Development Partners: Northeast-focused mixed-income and mixed-use real estate developer with deep experience leveraging historic and low-income housing tax credits. Comparable to Redburn on complex financing structures, historic tax credit expertise and mixed-use urban redevelopment.
- Galesi Group: Largest Capital Region-based real estate developer and owner, operating mixed-use, multifamily, industrial and commercial assets across Albany, Schenectady, Troy and Saratoga. Directly comparable to Redburn on geography, product mix and adaptive reuse of older urban properties.
- WinnCompanies: Northeast-based developer, owner and manager of market-rate and affordable multifamily housing, including adaptive reuse of historic mill and warehouse properties. Comparable to Redburn on multifamily development, historic rehabilitation expertise, and vertically integrated property management.
- Columbia Development Companies: Capital Region developer and owner of mixed-use, multifamily, hospitality and office assets with projects across Albany and Troy. Directly comparable to Redburn on geographic focus and on the redevelopment of historic downtown buildings into apartments and commercial space.
Market position
Strengths2 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Redburn Development Partners social profiles
Digital presenceRedburn Development Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Redburn Development Partners leadership team
Management profileNumber of profiles
Profiles2 records
Redburn Development Partners subsidiaries and ownership
Company hierarchySubsidiaries2 records
Redburn Development Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Redburn Development Partners 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 Redburn Development Partners
What does Redburn Development Partners do?
Redburn Development Partners is a Troy, New York-based real estate development firm founded in 2013 that develops, owns, and operates commercial and residential properties in upstate New York's Capital Region. Its portfolio spans retail, medical office, hospitality/specialty, and multi-family residential assets, with an emphasis on historic building rehabilitation. The company also offers an "All-In Living" bundled utility-service program for its apartment residents and operates affiliated subsidiaries for property services and capital management.
Is Redburn Development Partners a public or private company?
Redburn Development Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Redburn Development Partners founded?
Redburn Development Partners was founded in 2013. It employs 11 to 50 people.
Where is Redburn Development Partners based?
Redburn Development Partners is headquartered in Schenectady, United States, in the North America region.
How does Redburn Development Partners make money?
Five revenue lines are on record. Apartment Rental Income is the primary driver. The others are all-In Living Utility Services, commercial Space Leasing, investment Management (Redburn Capital Management) and consulting Services.
Who are Redburn Development Partners's main competitors?
Emerging players on record are Fairstead and Preservation of Affordable Housing (POAH). Broad incumbents are The Related Companies and Bozzuto Group. National Trust Community Investment Corporation is listed as an others. Direct peers are The NRP Group, L+M Development Partners, Galesi Group, WinnCompanies and Columbia Development Companies.
Does Redburn Development Partners have an API?
No public API is recorded for Redburn Development Partners.
What industry is Redburn Development Partners in?
Redburn Development Partners's product category is Real Estate Development. Its primary akta.pro industry code is BPAIANAI, Urban Renewal, Brownfield Redevelopment & Land Reuse, with a secondary code of BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization). Its NAICS code is 2361 and its SIC code is 6532.