Riverside Development Group

What Riverside Development Group does

Riverside Development Group (RDG America) is a privately held New York–based real estate development and construction firm founded in 2016 by Ari Schwebel, a 15-year New York real estate veteran who previously served as COO at a New York real estate firm and as an executive at Leviev-Boymelgreen Developers. The firm operates from 3 Columbus Circle in Manhattan and runs two distinct business lines: a Riverside Residential Interior Renovation division focused on design-led residential renovation work, and a Riverside Design-Build Nursing Home division that delivers design-build services to nursing home operators across the U.S. Northeast.

The company's business model is project-based and relationship-driven, with revenue derived from fixed-price construction and design-build contracts in two specialized subsegments: high-end residential renovation and healthcare facility construction. RDG's track record includes the revitalization of The Apthorp, a landmark New York residential development, and a portfolio of nearly a dozen nursing home projects spread across four states. The firm is privately held, has not disclosed funding rounds, and does not appear to publish revenue, headcount, or pipeline metrics.

Customer concentration is structurally elevated: enterprise-scale project work in residential development and nursing home design-build typically involves a small number of large contracts per period, and RDG's referenceable project count is consistent with that pattern. No technology platform, AI/ML capabilities, or data infrastructure are described in the available information; the firm operates as a traditional construction and development services business.

Name

Riverside Development Group

Legal name

Riverside Development Group

Website

https://rdgamerica.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Riverside Development Group is a New York–based real estate development and construction firm founded in 2016 that delivers residential interior renovations and design-build nursing home projects across the U.S. Northeast for property owners and healthcare operators.

Ownership category

akta.pro rank

Product category

Real Estate Development & Construction Management

NAICS

Land Subdivision (2372)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH)

Keywords

• Real estate development
• Construction management services
• General contracting
• Residential interior renovation
• Nursing home renovation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Interior Renovation Services: Full-service interior construction management and general contracting for residential and nursing home projects, providing services from pre-construction through project closeout.
2. Real Estate Development: Multi-family and high-end residential development, including property revitalization and new construction projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Riverside Development Group is a New York-based real estate development firm that provides full-service interior construction management and general contracting through two operating divisions: the Riverside Residential Interior Renovation Division (high-end residential interior renovations, including historic property revitalization such as The Apthorp) and the Riverside Design-Build Nursing Home Division (nursing home renovations across four states). Services span pre-construction through project closeout, with in-house design-build capabilities and principal involvement on every project.

Product overview

Riverside Development Group is a New York-based real estate development and construction company founded in 2016. The company operates a unified parent structure with two specialized subsidiary divisions: the Riverside Residential Interior Renovation Division (offering full-service interior construction management and general contracting for high-end residential projects) and the Riverside Design-Build Nursing Home Division (specializing in nursing home renovation across multiple states). The company manages projects from pre-construction through project closeout, serving both multi-family residential and healthcare facility markets.

Differentiator

Problem solved

Functional benefit

Brands

• Riverside Residential Interior Renovation Division: Full-service interior construction management and general contracting for residential properties
• Riverside Design-Build Nursing Home Division

Products and services

• Riverside Residential Interior Renovation Division Full-service interior construction management and general contracting division offering renovation services from pre-construction through project closeout for high-end residential properties, including historic property revitalizations such as The Apthorp.
• Riverside Design-Build Nursing Home Division Design-build nursing home renovation division providing full-service interior construction management and general contracting for healthcare facilities, with completed renovations of nearly a dozen nursing homes across four states.
• Multi-Family and High-End Residential Development Real estate development services for multi-family and high-end residential projects, including new construction and property revitalization, serving enterprise developers and property owners in New York.

Quantifiable outcome

• Completed renovation of nearly a dozen nursing homes across four states
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Structure Tone: NYC-based construction management firm specializing in interior construction, renovations, and build-outs across commercial, residential, and institutional sectors. Comparable to Riverside as a NYC interior construction manager with multi-sector project capabilities.
• Lettire Construction: New York general contractor specializing in residential, commercial, and institutional construction with strong interior renovation capabilities. Highly comparable to Riverside's design-build residential and institutional renovation model.
• JRM Construction Management: NYC-based general contractor and construction manager focused on high-end residential, commercial, and corporate interiors. Comparable to Riverside as a boutique NYC firm delivering interior construction management for premium residential and specialized facility projects.
• Sholom & Zenkhauser: NYC-based residential general contractor focused on luxury renovations and high-end custom residential construction in Manhattan. Direct competitor to Riverside's residential interior renovation division in the same NYC market.

Broad incumbents

• HFZ Capital Group: NYC-based real estate investment and development firm active in luxury residential, hospitality, and mixed-use projects including The Apthorp. Comparable to Riverside as a participant in the same NYC luxury residential market, though at a larger scale.
• AECOM Tishman: Major NYC construction management firm with deep residential, commercial, and institutional project portfolio. Comparable to Riverside as a general contractor and construction manager serving NYC developers and property owners.
• The Gotham Organization: Established NYC real estate developer with a broad portfolio of residential, mixed-use, and commercial properties including ground-up development and renovation. Comparable to Riverside on multi-family residential development in Manhattan but at significantly larger scale.
• Gilbane Building Company: National design-build construction management firm with significant healthcare facility and multi-family residential renovation practices. Comparable to Riverside on the nursing home design-build division, but operating at a national scale.
• Skanska USA: Global construction and development firm with significant NYC presence across residential, commercial, and healthcare construction. Comparable to Riverside in delivering multi-family residential and healthcare facility projects.
• Taconic Investment Partners: NYC-based real estate investment and development firm operating across residential, office, and mixed-use properties. Comparable to Riverside in multi-family and mixed-use development in the New York metro area.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 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 Riverside Development Group