Lambert Development

Name

Lambert Development

Legal name

Lambert Development LLC

Website

https://lambertdevelopment.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (23721)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

akta.pro secondary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

Keywords

• Luxury condominium development
• Mixed-use real estate
• Historic property renovation
• Townhome development
• Commercial asset management

Headquarters

HQ city

Knoxville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development and Sales: Lambert Development generates revenue through the development, construction, and sale of luxury condominiums, townhomes, mixed-use retail/loft properties, and commercial properties. Projects include luxury condominiums such as The Brannan (336 units in San Francisco), The Renaissance (221 units in San Diego), and various townhome communities in North Carolina.
2. Asset Management: Figueroa Realty Management LLC manages a portfolio of triple net leased CVS properties owned by a partnership affiliated with Henry Lambert. Properties are located in California, Texas and Minnesota, providing ongoing asset management fees.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Lambert Development is a privately-owned, full-service real estate development company that develops, constructs, and sells luxury condominiums, townhomes, and mixed-use retail/loft properties, with selective historic site renovation. The company also provides asset management services through Figueroa Realty Management LLC for a portfolio of triple net leased CVS properties owned by a partnership affiliated with the founder. Projects span California, North Carolina, and other U.S. states, with an international historic renovation in France.

Product overview

Lambert Development is a privately-owned, full-service real estate development company founded in October 2000, offering luxury condominiums, townhome communities, mixed-use retail/loft properties, and historic site renovation services. The company operates projects across California (San Francisco, San Diego, and Pasadena) and North Carolina (Raleigh, Durham, Cary, and Apex), with an office in New York City. The portfolio includes named projects such as The Brannan (San Francisco and Durham), The Renaissance, Bella Via, The Oriental Warehouse, The Potrero, The Lansing, Mission Meridian, The Vega Condominiums, Clark Townhomes, West + Lenoir Townhomes, Amberly Townhomes, Chamber Court, Creekside Commons, Enterprise Townhomes, and Homes on Ridge Road. Additionally, the company provides asset management services through Figueroa Realty Management LLC for a portfolio of triple net leased CVS properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Luxury Condominiums Luxury residential condominium developments offered across California and North Carolina markets, ranging from small boutique buildings to large-scale multi-tower complexes. Examples include The Brannan (336 units in San Francisco), The Renaissance (221 units in San Diego), The Potrero (165 units in San Francisco), The Lansing (82 units in San Francisco), The Vega Condominiums (Durham, NC), and Bella Via (42 units in San Diego). Targeted at high-net-worth individual buyers and households.
• Townhome Communities Townhome developments in North Carolina featuring modern designs, premium finishes, private elevators in select projects, rooftop terraces, designer kitchens with quartz countertops, and HOA-provided exterior maintenance in select communities. Examples include Clark Townhomes (Raleigh, 11 units), West + Lenoir Townhomes (Raleigh, 21 units), Amberly Townhomes (Cary, 7 units), Enterprise Townhomes (Raleigh, 14 units), Chamber Court (Raleigh, 3 single-family residences), Creekside Commons (Apex, 9 single-family residences), and Homes on Ridge Road (Raleigh). Targeted at affluent individual buyers seeking premium urban townhome living.
• Mixed-Use Retail/Loft Properties Mixed-use developments combining ground-floor retail space with residential loft units, often featuring historic renovation elements and live-work configurations. Examples include The Oriental Warehouse (66 live-work loft units at 650 Delancey Street, San Francisco, a historical landmark) and Mission Meridian (14 artist live-work lofts, 50 courtyard homes, 3 single-family homes, and approximately 5,700 sq ft of retail in Pasadena). Targeted at individual buyers seeking combined residential and light commercial functionality.
• Historic Site Renovation Renovation and adaptive reuse of historic properties, including The Grand-Hôtel du Cap-Ferrat in Cap-Ferrat, France (completed 2015) and The Oriental Warehouse at 650 Delancey Street in San Francisco, designated as a historical landmark. Targeted at preserving and repositioning architecturally significant properties into modern functional use.
• Asset Management Ongoing asset management services for a portfolio of triple net leased CVS properties owned by a partnership affiliated with founder Henry Lambert, delivered through Figueroa Realty Management LLC. Properties are located in California, Texas, and Minnesota. Provides recurring management fees from stable, long-term leased commercial assets.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered minor and core.

• Carrier JohnsonminorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• SB ArchitectsminorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• Kohn Pedersen FoxminorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• Skidmore Owings & Merrill LLPminorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• Fentress Bradburn Architects Ltd.minorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• Sasaki AssociatesminorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• HKS ArchitectsminorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• JDavis Architects, PLLCminorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• Roger Ferris & Partners LLCminorStrategic or Co-development PartnerArchitectural firm that Lambert Development has worked with on various projects.
• Raleigh Architecture Company (RACo)coreStrategic or Co-development PartnerOngoing partnership with RACo for residential developments. Clark Townhomes earned top honors from AIA at local, state, and regional levels. RACo has completed over 100 projects since founding in 2012, including design and construction of over 100 residential units.
• Calhoun, Bhella & SechrestminorOthersLegal representation for Lambert Development in Durham, North Carolina.
• Latham & WatkinsminorOthersLegal representation for Lambert Development in San Diego, California.
• Carter Ledyard & Milburn LLPminorOthersLegal representation for Lambert Development in New York.
• Reuben & Junius, LLPminorOthersLegal representation for Lambert Development in San Francisco, California.
• Cadwalader, Wickersham & Taft, LLPminorOthersLegal representation for Lambert Development in New York.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Extell Development Company: Extell is a NYC-based boutique developer of ultra-luxury condominium and mixed-use towers (One57, Central Park Tower). Directly comparable to Lambert as a privately-held, founder-led luxury urban residential developer, though much larger and focused on NYC supertall product.
• The Durst Organization: Durst is a family-owned NYC real estate developer focused on sustainable, Class A office and multifamily residential. Comparable to Lambert as a privately-held, family/founder-controlled urban developer with a long-term capital base, although Durst operates at much greater scale and is NYC-centric.

Broad incumbents

• Lennar Corporation: Lennar is one of the largest U.S. homebuilders with national for-sale residential coverage. Lambert competes for similar luxury for-sale residential buyers in CA and NC markets but at a tiny fraction of Lennar's volume and with a more bespoke urban/infill product mix.
• Brookfield Properties: Brookfield Properties owns, develops and manages large office, multifamily, retail and mixed-use assets globally. Overlaps with Lambert in mixed-use urban development and asset management of commercial properties, but at institutional scale.
• Tishman Speyer: Tishman Speyer is a global real estate developer and investor with deep urban mixed-use and luxury residential experience (e.g., SoHo Mews, The Clare). Comparable to Lambert as a developer of urban luxury and mixed-use properties, though at vastly greater scale and with institutional capital.
• Toll Brothers: Toll Brothers is the largest U.S. luxury homebuilder with national reach in for-sale luxury residential. Lambert Development operates in the same luxury residential product category but at a much smaller, boutique scale focused on urban infill condos and townhomes.
• Related Companies: Related is a national developer of large-scale mixed-use, affordable and luxury residential projects (Hudson Yards, The Abington). Overlaps with Lambert in luxury for-sale residential and mixed-use development, but operates with a much larger institutional footprint.

Others

• AvalonBay Communities: AvalonBay is a publicly-traded REIT that develops, acquires and manages Class A multifamily rental apartments. Adjacent rather than direct: similar premium urban residential focus, but operates a rental multifamily model with institutional capital rather than for-sale condo/townhome development.
• Vornado Realty Trust: Vornado is a NYC-focused REIT that owns and develops Class A office and mixed-use properties. Comparable to Lambert in urban mixed-use development and high-end product positioning, but Vornado operates as a public REIT rather than a private developer.
• Greystar Real Estate Partners: Greystar is the largest U.S. multifamily rental housing operator and developer. Comparable to Lambert in residential real estate, but Greystar focuses on the rental/build-to-rent multifamily segment with global institutional capital rather than for-sale luxury condos.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/lambertdev
• Facebookfacebook.com/lambertdevelopment
• LinkedInlinkedin.com/company/lambert-development

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 Lambert Development