Brookhurst Development

What Brookhurst Development does

Brookhurst Development Corporation (BDC), founded in 2000 and headquartered in Newport Beach, California, is a privately held government advisory and development services firm specializing in alternative project delivery for public facilities. The company provides project funding, real estate financing, development, and management solutions to governmental agencies nationwide using public-private partnership (P3), lease-leaseback, design-build, and DBFOM (Design, Build, Finance, Operate, Maintain) methodologies. BDC is the only firm in California recognized as having financed and developed a public school in full compliance with California Education Code 17406, and its CEO Jeff D. Baize is a court-recognized expert on California school lease-leaseback delivery. The company holds SEC Registered Municipal Advisor (ID# 867-01175), MSRB (ID# K1056), and California Real Estate Brokerage (License #01861045) designations, and operates as part of the Baize Corp family of companies.

The company's service portfolio spans four revenue streams: government advisory services, public facility development, SEC-regulated municipal advisory, and California real estate brokerage. BDC contracts directly with cities, counties, states, K-12 school districts, community colleges, and universities on multi-year, multi-million-dollar engagements. Notable project work includes the $575 million Sacramento Kings NBA Arena P3/DBFOM, the $1.75 billion Indianapolis Consolidated Justice and Correctional Complex advisory, a $2 billion Hawaii detention center program, the $1.3 million square foot Houston Justice Complex, the CSU San Marcos Extended Learning Building (the first major P3 academic building in CSU history), and the Inderkum High School lease-leaseback ($66 million at 1.6% interest rate). The firm relies on a relationship-based go-to-market motion, responding to public solicitations and being contracted by government entities, rather than traditional sales channels.

BDC's customer base is exclusively governmental and public-educational, with project values ranging from $15 million student housing facilities to multi-billion-dollar correctional and civic infrastructure programs. The interdisciplinary team brings over 200 years of collective experience across financing, development, design, construction, asset management, and public relations, supported by regional offices in Newport Beach, Indianapolis, and Sacramento. The company has testified at California Senate hearings and assisted in drafting P3 legislation, positioning it as both a service provider and a regulatory influencer in the alternative-delivery public infrastructure market.

Name

Brookhurst Development

Legal name

Brookhurst Development Corp

Website

https://brookhurstcorp.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Brookhurst Development Corporation is a Newport Beach-based government advisory and development firm that provides project funding, financing, and management for public facilities using P3, lease-leaseback, design-build, and DBFOM delivery models. It serves city, county, state, K-12, and higher-education clients nationwide through SEC-registered municipal advisory and real estate brokerage services.

Ownership category

akta.pro rank

Product category

Public Facility Development & Government Advisory Services

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Land Acquisition, Lot Development & Construction Financing (AD&C) (FSALAHAI)

Keywords

• Public facility development
• Municipal advisory services
• Lease-leaseback financing
• Public-private partnerships
• Government infrastructure advisory

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Government Advisory Services: BDC provides advisory services to public agencies including municipal funding advisory, real estate financing, project oversight, issues management, communications and public outreach. Revenue generated through consulting contracts with government entities.
2. Public Facility Development: BDC develops public facilities using alternative delivery methods including P3, lease-leaseback, design-build, and DBFOM. Revenue generated through development fees, financing arrangements, and project management oversight.
3. Municipal Advisory (SEC Registered): BDC is a Registered Municipal Advisor with the SEC and holds a Municipal Advisor designation with MSRB, providing financial analyses and advice on funding options for government capital programs.
4. Real Estate Brokerage: BDC is a licensed real estate brokerage firm in California (License #: 01861045) providing site selection, land use, valuations, dispositions, leasing, and property management services to government clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Brookhurst Development Corporation (BDC) provides project funding, development, and management solutions for public facilities through alternative delivery methods including P3, lease-leaseback, design-build, and DBFOM. The firm also delivers SEC-registered municipal funding advisory, real estate brokerage, and master planning services to government agencies, K-12 school districts, community colleges, and universities across the United States.

Product overview

Brookhurst Development Corp operates as a project funding, development, and advisory services company offering two primary service lines: (1) Project Funding & Development for public facilities using alternative delivery methods including P3, lease-leaseback, design-build, and DBFOM models; and (2) Government Advisory Services encompassing municipal funding advisory, real estate brokerage, and master planning. The company is part of the Baize Corp family of companies and serves governmental agencies nationwide with over 200 years of collective professional experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Facility Funding & Development Comprehensive project funding, development, and management solutions for public facilities using public-private partnerships, lease-leaseback, design-build, and DBFOM delivery models. Targets government agencies, K-12 school districts, community colleges, and universities.
• Government Advisory Services Advisory services helping public agencies and elected officials navigate complexities of major development projects, including financing mechanisms, proposal development, team selection, and community relations. Targets government agencies and educational institutions.
• SEC Registered Municipal Funding Advisory SEC Registered Municipal Advisory providing financial analyses and funding options advice for government capital programs including general obligation bonds, certificates of participation, and lease revenue bonds. Required by law for providing municipal funding advisory services.
• Real Estate Brokerage Services Licensed California real estate brokerage providing site selection, acquisition, land use processing, valuations, dispositions, leasing, and property management services to government clients.
• Lease-Leaseback Development (California K-12) Proprietary California K-12 lease-leaseback financing program under Education Code 17406 providing full project funding where BDC pays all construction costs, guarantees schedule and construction cost, with lease payments due only upon evidence of completion and certificate of occupancy. Targeted at California K-12 school districts.

Quantifiable outcome

• Inderkum High School completed two months ahead of schedule and $1.5 million under budget
• +2 more outcomes

Named customers17 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

25 partnerships are on record, tiered core, major and minor.

• Baize Corp (Parent Holding Company)coreStrategic or Co-development PartnerBDC is part of the Baize Corp family of companies, a group of affiliated enterprises with over half a century of experience in development, design, engineering and project management. Baize Corp includes Baize Corporation, Baize Development Corporation, Baize Construction Management Corporation, Baize Engineering Corp, Baize Hawaii Corp, and Brookhurst Development Corporation. Founded by James E. 'Jim' Baize in 1959.
• Turner ConstructionmajorImplementation/ SI/ Consulting PartnerContractor for Inderkum High School project ($58 million), National Museum US Air Force expansion ($45 million), and Fort Benjamin Harrison Army Reserve Center ($48 million)
• Nacht & Lewis ArchitectsmajorImplementation/ SI/ Consulting PartnerArchitect of record for Inderkum High School and Sacramento Department of Human Assistance HQ projects
• Fisher-Friedman & AssociatesmajorImplementation/ SI/ Consulting PartnerAward-winning architectural firm designing McGeorge School of Law and University of the Pacific student housing projects
• Clark & Sullivan ConstructionmajorImplementation/ SI/ Consulting PartnerPart of development team for McGeorge School of Law student housing project
• Kutak RockmajorImplementation/ SI/ Consulting PartnerLegal counsel on McGeorge School of Law and Yolo County Child-Adult Services Facility projects
• Stone & YoungbergmajorImplementation/ SI/ Consulting PartnerFinancial advisor on McGeorge School of Law and Yolo County Child-Adult Services Facility projects
• MVE & PartnersmajorImplementation/ SI/ Consulting PartnerAward-winning architectural firm for Riverview Student Housing project at CSU Sacramento (Phase 1: $180 million, ~2,000 beds)
• DPR ConstructionmajorImplementation/ SI/ Consulting PartnerContractor for Ohlone Community College parking facility and renewable energy system project
• Watry Design, Inc.majorImplementation/ SI/ Consulting PartnerArchitect for Ohlone Community College parking facility project
• Skanska USAmajorImplementation/ SI/ Consulting PartnerInternational construction company partner for Orange County Civic Center P3 project and Sacramento Kings Arena project ($575 million)
• NBBJmajorImplementation/ SI/ Consulting PartnerWorld-renowned architectural firm for Orange County Civic Center and Sacramento Kings Arena projects
• Hammes DevelopmentmajorStrategic or Co-development PartnerCo-developer on Sacramento Kings NBA Arena project ($575 million P3/DBFOM)
• DPR ConstructionmajorImplementation/ SI/ Consulting PartnerContractor for Yolo County Child-Adult Services Facility project
• Sundt ConstructionmajorImplementation/ SI/ Consulting PartnerConstruction partner in Mohave Correctional Development Partners team for Mohave County Correctional Facility ($85 million)
• Arrington & Watkins ArchitectsmajorImplementation/ SI/ Consulting PartnerAward-winning architectural firm for Mohave County Correctional Facility project
• Kentucky Transportation CabinetminorStrategic or Co-development PartnerAdvisory on alternative financing arrangements for Ohio River Bridge project
• San Diego Airport International Airport AuthorityminorStrategic or Co-development PartnerAdvisory on needed distribution facilities
• Hagerman ConstructionmajorImplementation/ SI/ Consulting PartnerContractor for City Market Building project in Indianapolis ($30 million)
• Browning Day Mullins DierdorfmajorImplementation/ SI/ Consulting PartnerArchitect for The Coil Mixed-Use Development and CityWay YMCA projects
• Midwest Constructors, LLCmajorImplementation/ SI/ Consulting PartnerContractor for The Coil Mixed-Use Development project in Indianapolis (expected completion 2016)
• Shield Sexton ConstructionmajorImplementation/ SI/ Consulting PartnerGeneral contractor for CityWay YMCA ($24 million, 87,000 sq ft) in Indianapolis
• BRPH ArchitectsmajorImplementation/ SI/ Consulting PartnerArchitect for National Museum US Air Force expansion ($45 million, 224,000 sq ft) at Wright-Patterson AFB
• RSP ArchitectsmajorImplementation/ SI/ Consulting PartnerArchitect for Fort Benjamin Harrison Army Reserve Center ($48 million, 224,000 sq ft)
• Ben Ali ShrinersminorStrategic or Co-development PartnerSite owner partner for Sacramento Department of Human Assistance HQ project

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• KPMG Infrastructure Advisory: Big 4 firm with a substantial municipal advisory and infrastructure P3 practice advising state and local governments — competes for the same advisory engagements BDC wins, though typically at larger jurisdictions and as part of broader transformation mandates.
• Cintra (Ferrovial): One of the largest global P3 developers and operators of transportation and social infrastructure — competes for the same pool of public-sector alternative delivery mandates as BDC, especially in transportation, civic, and correctional infrastructure.
• Plenary Group: Specialized P3 developer focused on North American public infrastructure and social infrastructure (justice, education, healthcare) — same asset categories as BDC's delivery, functioning in the same buyer community (state/county governments) using the same DBFOM/lease structure.
• Meridiam: International P3 developer and long-term infrastructure investor active in North American public facility delivery — directly comparable to BDC's P3/DBFOM development model for civic assets, though Meridiam typically also provides equity capital.
• Stantec (Public Sector Practice): Global engineering and infrastructure advisory firm with an active public-sector practice covering facilities planning, program management, and P3 advisory — comparable on the advisory side to BDC's government advisory work, particularly in education and civic facilities.
• Macquarie Infrastructure & Real Assets: Global infrastructure investor and P3 developer/advisor with a large balance sheet — competes for the same public-sector P3 mandates BDC pursues (transportation, civic, justice) but at a different scale, providing capital alongside advisory and operating globally rather than as a boutique advisor.
• Gilbane Building Company: Large, family-controlled public-sector construction manager and developer with deep K-12, higher education, and civic facility practice — comparable in scope to BDC's development and oversight role for nonresidential public buildings, but at materially larger scale with a CM-at-risk model.

Direct peers

• Acacia Financial Group: Independent SEC-registered municipal advisor that works with K-12 districts, higher education, and state agencies on capital financing and alternative delivery — closely comparable to BDC's municipal advisory service line for public-sector clients.
• PFM Financial Advisors: Independent municipal advisory and financial planning firm serving state and local governments on capital financing, debt issuance, and P3 structuring — most direct advisory-side peer to BDC's SEC-registered Municipal Advisor business for government capital programs.
• Hammes Partners (Hammes Company): Hammes is a closely comparable real estate and facilities advisory firm serving healthcare and public-sector clients with development, financing, and advisory services — directly mirrors BDC's advisory + development dual model for public/civic clients and is already a co-developer on BDC's Sacramento Kings Arena project.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/brookhurst-development

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Brookhurst Development