Herman & Kittle Properties, Inc.

What Herman & Kittle Properties, Inc. does

Herman & Kittle Properties, Inc. is a privately held, Indianapolis-based real estate firm operating since 2001. According to the available firmographic data, the company provides three integrated lines of service: property development, construction, and management. This full-stack positioning suggests the firm can self-execute projects from land acquisition and build through to ongoing asset and property management, reducing reliance on third-party general contractors or management firms. The company employs between 251 and 500 people, placing it in the mid-market segment for U.S. real estate operators and consistent with a regionally scaled developer/manager rather than a national platform.

The company's revenue model is not disclosed in the source material, but in this vertical it would typically combine (a) development yields and sale or refinance proceeds, (b) general-contracting / construction margins on third-party or in-house projects, and (c) recurring property management fees tied to an owned or third-party-managed portfolio. No pricing, customer segment, or portfolio size details are available; the firm's public web presence returned only a verification placeholder, and no partnerships, awards, certifications, M&A history, or capital raises were documented. Operating status is confirmed as active, and Jeff Kittle serves as Exec V.P., Managing Director, President and CEO.

The evidence base is thin: no customer logos, no geographic footprint beyond headquarters, no technology stack, no regulatory history, and no leadership team beyond the CEO are recorded. Any downstream assessment of growth, moat depth, or capital structure should be treated as preliminary and qualified by these gaps.

Name

Herman & Kittle Properties, Inc.

Legal name

Herman & Kittle Properties, Inc.

Website

https://hermankittle.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Herman & Kittle Properties, Inc. is a privately held, Indianapolis-based real estate firm founded in 2001 that provides integrated property development, construction, and management services, employing 251-500 people across its operating footprint.

Ownership category

akta.pro rank

Product category

Real Estate Property Management and Development Services

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Operators Of Apartment Buildings (6513), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Build-to-Rent (BTR) Community Management (BPAJAFAC)

akta.pro secondary industry

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

Keywords

• Property development services
• Real estate construction
• Property management services
• Multifamily housing development
• Residential real estate operations

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales

Core offering

Herman & Kittle Properties, Inc. is a privately held real estate firm that provides property development, construction, and management services. The company operates across the full real estate lifecycle, building and managing residential and multifamily properties for ownership and investment clients. Headquartered in Indianapolis, Indiana, the firm combines in-house development capability with ongoing property operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Development Services End-to-end property development services for residential and multifamily real estate assets, covering project identification, planning, and execution for investors and asset owners.
• Property Construction Services Construction services for residential and multifamily properties, delivered as part of the firm's integrated development-to-management capability for real estate investors and owners.
• Property Management Services Ongoing property management services for residential and multifamily real estate assets, supporting long-term operations for property owners and investors.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Regional players

• Elmington Property Management: Elmington is a Nashville-based real estate firm involved in multifamily development, construction, and property management. Comparable business model to Herman & Kittle (vertical integration of development, construction, and management), though focused on a different regional market.
• Pedcor Companies: Pedcor is an Indiana-based real estate developer, builder, and property manager operating across the Midwest. Similar vertical-integration model and regional Midwestern footprint as Herman & Kittle, with comparable multifamily and affordable housing exposure.

Direct peers

• Progress Residential: Progress Residential is a large private BTR operator and developer backed by institutional capital. It is a direct competitor to Herman & Kittle in single-family rental development, leasing, and management.
• Invitation Homes: Invitation Homes is the largest publicly-traded single-family rental REIT, operating a national portfolio. It competes with Herman & Kittle for tenants, capital partners, and potential acquisition targets in the BTR space.
• FirstKey Homes: FirstKey Homes is a major institutional owner-operator of single-family rentals. It operates in similar BTR development and management categories as Herman & Kittle, with a national footprint.
• American Homes 4 Rent: AMH is a leading publicly-traded single-family rental REIT that develops, acquires, and manages BTR communities. Directly comparable to Herman & Kittle on the development and operating side, with institutional scale.
• Tricon Residential: Tricon is a large publicly-traded single-family rental and BTR operator/developer. It directly overlaps with Herman & Kittle's build-to-rent development and management activities, though at greater scale and with a Sun Belt-weighted footprint.
• Pretium Partners: Pretium is a large private investment manager focused on single-family rental and BTR. It develops and operates rental housing communities at scale, competing with Herman & Kittle for land, tenants, and capital.

Broad incumbents

• D.R. Horton: D.R. Horton is the largest U.S. homebuilder and operates DHI Communities, its BTR/rental arm. It competes with Herman & Kittle on new construction of rental communities, leveraging national scale and public-company capital.
• Lennar Corporation: Lennar is one of the largest U.S. homebuilders and has a dedicated BTR/multifamily rental arm (Lennar Homes). Comparable to Herman & Kittle on the for-sale/BTR development side, with substantially greater scale and public-market financing access.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/herman-kittle-properties-113472222002061

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 Herman & Kittle Properties, Inc.