Mission DG
Mission Development Group is a privately-owned San Antonio-based real estate developer that builds workforce, affordable, and senior multifamily housing across Texas through public-private partnerships, adaptive reuse, and faith-based collaborations.
- Company typePrivate
- Founded1995
- HeadquartersSan Antonio, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Mission DG does
Mission Development Group, LLC (Mission DG / MDG) is a privately-owned, San Antonio-based real estate development firm that specializes in workforce, affordable, and senior multifamily housing throughout Texas. The company develops, finances, and delivers Class-A apartment communities through turn-key development services, construction management, and Public-Private Partnership (P3) expertise, partnering with housing authorities (San Marcos Housing Authority, Opportunity Home San Antonio), the City of San Antonio, faith-based organizations (Faith Based Opportunity Fund, Haven for Hope), and private investors. Its portfolio spans 12 named projects totaling roughly 2,600+ units delivered or in development, including income-based communities priced at 30-80% of Area Median Income, adaptive-reuse conversions of historic and abandoned sites, senior living communities for residents 62+, and mixed-income developments with both affordable and market-rate components.
The operating model centers on acquiring or partnering on development sites, structuring federal financing through Low Income Housing Tax Credits (LIHTC), Opportunity Zone incentives, and HUD programs, and partnering with capital providers and public entities to fund construction. Revenue is generated through development fees, equity participation in completed projects, and ongoing rental income from properties the principals retain or co-own, while third-party property managers (Lincoln Property Company, Pinnacle) handle leasing and operations on delivered assets. The firm is small (1-10 employees) and execution is driven personally by its principals, Managing Partner Mark Tolley (30+ years, 6,000+ residential units overseen) and Managing Partner John Latham (4,000+ multifamily units, $400M+ in real estate experience, former CIO of an Austin-based private investment firm), who together have directed over $365 million in partner investments to create 3,600+ housing units across San Antonio, San Marcos, Boerne, and Richwood.
Mission DG's competitive differentiation is its P3 specialization and its capacity to repurpose blighted, historically significant, or underutilized properties—former seminaries (The St. John), military barracks (Aviator at Brooks), a 1912 peanut processing plant (Peanut Factory Lofts)—into Class-A mixed-income communities. Customer relationships are anchored on long-cycle public and institutional partnerships and direct private-investor outreach through a dedicated investor relations channel. The firm carries no proprietary technology, software platforms, or AI components; competitive advantage is entirely human-capital and relationship-driven rather than technology-driven.
Mission DG firmographics
Firmographics- Name
- Mission DG
- Legal name
- Mission Development Group, LLC
- Website
- https://missiondg.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mission Development Group is a privately-owned San Antonio-based real estate developer that builds workforce, affordable, and senior multifamily housing across Texas through public-private partnerships, adaptive reuse, and faith-based collaborations.
- Ownership category
- akta.pro rank
Mission DG industry classification
Industry- Product category
- Affordable Housing Real Estate Development
- NAICS
- Commercial and Institutional Building Construction (236220)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
Keywords
Where Mission DG is headquartered
LocationHeadquarters
- HQ city
- San Antonio
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Mission DG business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Real Estate Development: Mission DG develops multifamily housing communities and generates revenue through development fees, equity returns from completed projects, and ongoing rental income from properties they retain or co-own with investors.
- Property Management Services: Through partnerships with property management firms like Lincoln Property Company and Pinnacle, the company manages rental communities and earns fees from tenant services and property operations.
- Public-Private Partnership (P3) Development: The company collaborates with public entities (housing authorities, municipalities, state agencies) to develop income-based housing, earning development fees and equity returns while providing affordable housing units.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Affordable units at 30-60% AMI |
| Subscription | Monthly | Affordable income-based units |
| Subscription | Monthly | Market rate units in mixed-income communities |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Mission DG product offering
Product offeringCore offering
Mission DG (Mission Development Group, LLC) is a privately-owned Texas real estate development company that develops workforce, affordable, and senior multifamily housing communities. The company provides turn-key development services, construction management, and Public-Private Partnership (P3) expertise, partnering with housing authorities, faith-based organizations, municipalities, and private investors to deliver Class-A income-based rental housing across Texas.
Product overview
Mission DG is a privately-owned real estate development company specializing in workforce and senior multifamily projects throughout Texas. Rather than a unified technology platform, the company offers a portfolio of distinct residential apartment communities developed as separate projects. The portfolio includes 12 named products spanning multiple market segments: (1) workforce and mixed-income housing (Aspire at VIDA, Aspire at Tampico, The St. John Apartments, East Bank, Brazos Crossing, The Peanut Factory Lofts), (2) senior living communities (Boerne LIVIN, LIV Westover Hills Seniors), (3) affordable income-based housing (The Lantana Apartments, Villa Espada), and (4) adaptive reuse/historic properties (Aviator at Brooks, The Vue). Each community operates independently with its own amenities, floor plans, and property management, developed through public-private partnerships (P3), construction management, and turn-key development services.
Differentiator
Problem solved
Functional benefit
Products and services
- Aspire at VIDA 300-unit, garden-style, Class-A multifamily community in San Antonio, TX, located across from Texas A&M University San Antonio. Mixed-income community offering one-, two-, and three-bedroom floor plans with high-end amenities including resort-style pool, clubhouse, and dog park. Targeted to students, faculty, staff, and families.
- The St. John Apartments Approximately 230-unit Class-A apartment community on 13.6 acres south of Downtown San Antonio. Redevelopment of the former St. John's Seminary, preserving historic structures with architectural and cultural significance to the Archdiocese of San Antonio.
- Boerne LIVIN 162-unit, 62+ senior living community in Boerne, TX (Texas Hill Country). Features one- and two-bedroom apartments with upscale finishes including granite countertops, in-home washer/dryer, and private patios. Community amenities include pool, yoga studio, salon, and bark park.
- Aspire at Tampico 200-unit Class-A urban apartment community on 3.6 acres in Downtown San Antonio near Alazán Creek. Mixed-income affordable housing with modern amenities including resort-style pool, fitness center, 4th floor viewing deck, and dog park.
- The Lantana Apartments 216-unit, 100% affordable Class A apartment community on 10 acres in San Marcos, TX. Income-based housing with one-, two-, and three-bedroom floor plans. Features resort-style pool, clubhouse, fitness center, and proximity to Interstate 35 between Austin and San Antonio.
- East Bank at Richwood Village 210-unit, Class-A craftworker housing apartment community on 9.5 acres in Richwood, TX. Located near major employment centers and commercial establishments. Features open concept floor plans with upgraded interior fixtures and finishes.
- The Peanut Factory Lofts 102-unit Class-A apartment community in Downtown San Antonio, converted from a 1912 defunct peanut processing plant. Historic adaptive reuse project near Southtown, Historic King William District, and Blue Star Arts Complex.
Quantifiable outcome
- Over 3,600 housing units created with $365+ million in partner investments
- +3 more outcomes
Companies that use Mission DG
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles1 record
Mission DG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mission DG partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core, major and minor.
- CLX VenturescoreCLX Ventures is a co-development partner with Mission DG on the Aspire at VIDA project. Together with Mission Development, CLX Ventures has begun construction on a 300-unit, Class-A multifamily community in San Antonio, Texas.
- SouthstarcoreSouthstar is the developer of VIDA, a 600-acre mixed-use master planned community in San Antonio's Southside. Southstar welcomed Mission DG and their Aspire at VIDA project to the VIDA community, located across from Texas A&M University San Antonio.
- PinnaclemajorPinnacle provides property management services for Mission DG's LIV at Westover Hills senior living community.
- Faith Based Opportunity FundcoreMission DG partners with Faith Based Opportunity Fund to lead the Faith Based Housing Initiative, creating quality affordable housing while optimizing physical assets and generating sustainable revenue for faith-based organizations throughout Texas.
- San Marcos Housing AuthoritycoreSan Marcos Housing Authority partnered with Mission DG to develop The Lantana Apartments, a 216-unit affordable housing project. This was the first new affordable income-based rental housing project in San Marcos in over fifty years.
- Lincoln Property CompanymajorLincoln Property Company manages property leasing for Mission DG projects including The Lantana Apartments and The St. John Apartments. They handle onsite leasing and property management services.
- Community Housing Resource (CHR) PartnersminorCHR Partners provides supportive services for residents at The Lantana Apartments including children's programs, career placement, health care assistance, GED & ESL programs, computer and financial literacy courses, and food assistance.
- Opportunity Home San AntoniocoreOpportunity Home San Antonio (formerly San Antonio Housing Authority) partnered with Mission DG to develop Aspire at Tampico, a $22 million, 200-unit affordable housing complex near downtown San Antonio serving residents at 30-60% of area median income.
- Haven for HopecoreMission DG is developing LIV at West Martin in partnership with Haven for Hope to provide safe, affordable housing for domestic abuse survivors and families experiencing homelessness who have graduated through Haven for Hope's stabilization programs.
- Southside First Economic Development CouncilminorMission DG Partner Mark Tolley serves on the board of Southside First, a non-profit economic development organization. The partnership focuses on Opportunity Zone programs and economic development on San Antonio's Southside.
- GRG ArchitecturemajorGRG Architecture serves as architect for Mission DG projects including Aspire at VIDA and LIV at West Martin. They provide architectural design services for multifamily developments.
- Concept BuildersmajorConcept Builders serves as general contractor for Mission DG projects including Aspire at VIDA and Aspire at Tampico. They provide construction services for multifamily developments.
- NRP Construction, LLCmajorNRP Construction, LLC serves as general contractor for The St. John Apartments redevelopment project.
- Cadence McShanemajorCadence McShane serves as general contractor for LIV at Westover Hills senior living community.
- B&A ArchitectsmajorB&A Architects serves as architect for The St. John Apartments redevelopment project.
- BIG RED DOG – San AntoniominorBIG RED DOG serves as civil engineer for The St. John Apartments redevelopment project.
- KFW EngineersminorKFW Engineers provides civil engineering services for Mission DG projects including Aspire at Tampico and LIV at West Martin.
- City of San AntoniocoreCity of San Antonio is a public partner for LIV at Westover Hills senior living community, providing support for the mixed-income development with affordable units.
Scale indicators7 records
Recent moves5 records
Expansion highlights5 records
Mission DG competitors and assessment
Company assessmentDirect peers
- Pennrose: Pennsylvania-based developer specializing in affordable, mixed-income, and mixed-use housing using LIHTC, Opportunity Zones, and P3 structures — a near-twin operating model to Mission DG's.
- RangeWater Real Estate: Sun Belt-focused multifamily developer and operator with a portfolio profile (Class-A garden-style, workforce and mixed-income) that competes with Mission DG's Texas projects.
- Wood Partners: National multifamily developer building Class-A apartment communities across high-growth U.S. markets including Texas, directly comparable to Mission DG's Class-A product positioning.
- LDG Development: Louisville-based multifamily developer with a strong affordable-housing and LIHTC practice and Public-Private Partnership expertise that parallels Mission DG's approach to workforce and mixed-income communities.
- The NRP Group: Cleveland-headquartered national affordable and workforce multifamily developer that uses LIHTC and public-private partnerships, closely mirroring Mission DG's financing and operating model across multiple states.
- Dominium: One of the largest U.S. affordable multifamily developers, using LIHTC and public housing authority partnerships to develop and manage workforce and family housing at scale, comparable to Mission DG's portfolio strategy.
- Mill Creek Residential: Large multifamily developer focused on Class-A apartment communities in high-growth Sun Belt markets, overlapping with Mission DG in Texas geography and product type.
- LMC: National multifamily developer with a meaningful Sun Belt footprint and Class-A product focus, operating in the same Texas submarkets where Mission DG develops its communities.
Regional players
- Embrey Partners: San Antonio-headquartered multifamily developer and operator actively building Class-A and mixed-income communities in the same South Texas submarkets where Mission DG competes for sites and LIHTC awards.
- The Bromley Companies: Texas-based multifamily developer with Class-A garden-style communities across the state, competing with Mission DG for sites, LIHTC, and investor capital in overlapping submarkets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Mission DG social profiles
Digital presenceMission DG financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mission DG leadership team
Management profileNumber of profiles
Profiles2 records
Mission DG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mission DG 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 Mission DG
What does Mission DG do?
Mission DG (Mission Development Group, LLC) is a privately-owned Texas real estate development company that develops workforce, affordable, and senior multifamily housing communities. The company provides turn-key development services, construction management, and Public-Private Partnership (P3) expertise, partnering with housing authorities, faith-based organizations, municipalities, and private investors to deliver Class-A income-based rental housing across Texas.
Is Mission DG a public or private company?
Mission DG is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mission DG founded?
Mission DG was founded in 1995. It employs 1 to 10 people.
Where is Mission DG based?
Mission DG is headquartered in San Antonio, United States, in the North America region.
How does Mission DG make money?
Three revenue lines are on record. Real Estate Development is the primary driver. The others are property Management Services and public-Private Partnership (P3) Development.
Who are Mission DG's main competitors?
Direct peers on record are Pennrose, RangeWater Real Estate, Wood Partners, LDG Development, The NRP Group, Dominium, Mill Creek Residential and LMC. Regional players are Embrey Partners and The Bromley Companies.
Does Mission DG have an API?
No public API is recorded for Mission DG.
What industry is Mission DG in?
Mission DG's product category is Affordable Housing Real Estate Development. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts). Its NAICS code is 236220 and its SIC code is 6552.