What Chateau Development does

Chateau Development is a privately held LLC that operates residential apartment and townhome rental communities exclusively in Lincoln, Nebraska. Founded in 1975, the company manages over 1,300 units across three campus locations — Chateau on Vine (central Lincoln), Chateau at Holmes Lake (east Lincoln), and Chateau at Yankee Hill (south Lincoln) — with approximately 60 unique floor plans ranging from studios to 3-bedroom units, including townhomes and a luxury 3-bedroom product (Sherman Village). The company has been voted the #1 apartment complex in Lincoln by the local community for over 20 consecutive years.

The business is built on a standard property management technology stack rather than proprietary software. Chateau Development operates on AppFolio's platform for listings, rental applications, maintenance requests, and rent collection, with residents accessing these functions through an online portal and a mobile app on iOS and Android. Marketing and leasing infrastructure includes Zillow and Matterport 3D virtual tours, Sightmap interactive maps, Google Analytics, and Outlook-based tour scheduling. Amenities across the portfolio include resort-style pools, fitness centers, gas fire pits, private balconies, and Allo fiber internet at select properties. The company displays Equal Housing Opportunity compliance and maintains WCAG, CCPA, GDPR, and PIPEDA-aligned privacy practices.

Revenue is generated through monthly residential rental payments on a subscription-recurring model, with rents ranging from $900 to $2,300 per month depending on unit type, size, and location. The customer base consists of individual residential renters — singles, couples, and families — across all three Lincoln campuses, with no disclosed enterprise or commercial tenant component. The company has no parent organization, no institutional investors, no disclosed funding rounds, and no M&A activity on record. Local community involvement includes partnerships with the Lincoln Partnership for Economic Development, Habitat for Humanity, Boy Scouts of America, Foundation for Lincoln Public Schools, and the Lincoln Chamber of Commerce.

Name

Chateau Development

Legal name

Chateau Development, LLC

Website

https://www.chateaudev.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Chateau Development provides apartments and townhomes services.

Ownership category

akta.pro rank

Product category

Residential Apartment and Townhome Rentals

NAICS

Accommodation (721)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

Keywords

• Residential apartment rentals
• Luxury apartment communities
• Townhome rentals
• Property management services
• Apartment leasing

Headquarters

HQ city

Lincoln

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Monthly rental payments from residential apartments and townhomes across three Lincoln, Nebraska campus locations. Revenue is recurring based on month-to-month lease arrangements with standard rental terms.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Chateau Development owns and operates three residential rental campuses in Lincoln, Nebraska (Yankee Hill, Vine, and Holmes Lake), providing more than 1,300 apartment and townhome units across 60 unique floor plans on month-to-month leases. The company manages leasing, rent collection (via AppFolio's online Resident Portal and mobile app), 24/7 emergency maintenance, and amenity operations (fitness centers, pools, controlled access, fiber internet), serving individual residential renters across Lincoln.

Product overview

Chateau Development offers a portfolio of 15+ luxury apartment communities across three campus locations in Lincoln, Nebraska (Yankee Hill, Vine, and Holmes Lake), totaling over 1,300 apartment and townhome units. The company operates through AppFolio's property management platform, providing residents with an online resident portal and mobile app for rent payments, maintenance requests, and account management. The portfolio includes distinct property sub-brands such as Adriana Court, Charleston Court, Chateau La Fleur, Chateau La Fleur II, Chateau Townhomes, Chateau Meadows, Tangeman Terrace, Alena Court, Sherman Village, Chateau Terrace, Chateau Terrace II, Chateau Terrace III, and Yankee Hill.

Differentiator

Problem solved

Functional benefit

Brands

• Chateau on Vine: Luxury living in the heart of the city - Central Lincoln location at 63rd & Vine
• Chateau at Holmes Lake
• Chateau at Yankee Hill

Products and services

• Chateau at Yankee Hill

Quantifiable outcome

• Best of Lincoln award winner for over 20 years

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature2 records

Partnerships

Eight partnerships are on record, tiered minor.

• Lincoln Partnership for Economic DevelopmentminorStrategic or Co-development PartnerChateau Development partners with the Lincoln Partnership for Economic Development to support economic growth and development in Lincoln, Nebraska, sharing the vision of making Lincoln a great place to call home.
• Habitat for HumanityminorStrategic or Co-development PartnerChateau Development supports Habitat for Humanity, a local organization working to build affordable housing, aligning with their mission to improve living situations throughout the Lincoln community.
• Boy Scouts of AmericaminorStrategic or Co-development PartnerChateau Development partners with the Boy Scouts of America to support youth development programs in the Lincoln community.
• Foundation for Lincoln Public SchoolsminorStrategic or Co-development PartnerChateau Development supports the Foundation for Lincoln Public Schools as part of their commitment to making Lincoln a great place to call home.
• Lincoln Children's ZoominorStrategic or Co-development PartnerChateau Development supports the Lincoln Children's Zoo as part of their community involvement initiatives.
• Lied Center for Performing ArtsminorStrategic or Co-development PartnerChateau Development supports the Lied Center for Performing Arts, Lincoln's premier performing arts venue.
• Sunken Gardens RestorationminorStrategic or Co-development PartnerChateau Development supports the Sunken Gardens Restoration project in Lincoln.
• Lincoln Chamber of CommerceminorStrategic or Co-development PartnerChateau Development is a member of the Lincoln Chamber of Commerce, supporting local business community development.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Greystar Real Estate Partners: World's largest multifamily property management and rental housing operator, managing over 800,000 units globally. Comparable as a residential property manager/operator serving renters with similar apartment and townhome product, though at much larger scale and broader geography.
• Mid-America Apartment Communities (MAA): Large multifamily REIT owning and operating approximately 100,000+ apartment units across the Sunbelt and Midwest. Comparable as a residential apartment operator with similar Class A and B apartment/townhome product, though larger and publicly traded.
• Camden Property Trust: Multifamily REIT owning and operating approximately 172 apartment communities with 58,000+ units. Comparable as a residential rental operator with similar apartment and townhome offerings, though publicly traded and geographically diversified.

Direct peers

• Lincoln Property Company: One of the largest private multifamily operators and developers in the US, managing approximately 200,000+ apartment units. Directly comparable residential property management business model with similar Class A apartment and townhome offerings to renters.
• BH Management Services: One of the largest privately held multifamily management companies in the US, managing over 100,000 apartment units across 22 states. Comparable as a large-scale third-party and owned residential property manager.
• Bozzuto Group: Residential property management, development, and construction firm managing approximately 90,000 apartment units. Comparable as a luxury apartment operator offering amenity-rich Class A rental housing with similar resident services focus.
• Asset Living: Top-5 US multifamily property manager with over 300,000 units under management. Comparable as a residential property management operator serving individual renters with similar apartment and townhome product offerings.
• Hawthorne Residential Partners: National multifamily property management firm managing approximately 50,000+ units. Comparable as a residential rental operator with similar amenity-rich apartment and townhome portfolio across multiple markets.

Regional players

• Case Noble & Company: Local Lincoln, Nebraska real estate investment and property management firm. Regional peer operating in the same market with similar Class A and B apartment rental offerings to Lincoln renters.
• Scott Enterprises: Locally owned Nebraska real estate and property management company operating rental housing in Lincoln and surrounding markets. Comparable as a regional Lincoln-based residential rental operator targeting the same renter demographic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/chateaudev
• Facebookfacebook.com/chateaudev

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 Chateau Development