Bomasada Group

What Bomasada Group does

Bomasada Group, Inc. is a privately-held multifamily real estate development and general contracting firm headquartered in Houston, Texas. Founded in 1984 by Stuart L. Fred, the company initially acquired, redeveloped, and managed existing multifamily and retail properties before transitioning into ground-up multifamily development across the southeastern and southwestern United States. The firm operates a portfolio of branded apartment communities (Enclave, Metropolitan, Cosmopolitan, Liam, River Oaks, Bee Street Lofts) ranging from 108 to 330 units in mid-rise, garden-style, and luxury condominium formats across nine U.S. markets including Alabama, Oklahoma, Arkansas, South Carolina, Tennessee, Florida, Missouri, Texas, and New Mexico.

The company's core operations span two integrated business lines: real estate development services (site selection, architecture consultation, design oversight through in-house interior design capability, construction management, and project supervision from concept through completion) and general contracting services for new development and renovation projects. Stuart L. Fred serves as Chairman and CEO, John L. Gilbert as President and COO, Wayne Hubley as Senior Project Manager with 31 years of tenure, and Lisa Fred as interior designer; principals and team combined carry 75+ years of real estate experience. Since inception, the Bomasada team has completed over $1.5 billion of transactional business in new developments, construction, and acquisitions, with supervised construction projects valued in excess of $750 million and one principal's career transactions exceeding $1 billion.

Revenue mechanics derive from development-and-sale of multifamily apartment communities to institutional and private real estate investors, complemented by leasing income to end-user tenants in retained assets. The firm targets secondary and tertiary U.S. submarkets with its go-to-market motion, combining direct enterprise-style project origination with project-specific property websites for end-user marketing. Pricing is not publicly disclosed as the model is B2B real estate development for investment-grade multifamily product rather than standardized consumer pricing.

Name

Bomasada Group

Legal name

Bomasada Group, Inc.

Website

https://bomasada.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Short description

Bomasada Group is a privately-held Houston-based multifamily real estate development and general contracting firm founded in 1984. It develops and constructs branded mid-rise and garden-style apartment communities (108-330 units) across nine U.S. markets in the Southeast and Southwest, serving institutional and private real estate investors and end-user renters.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Real Estate Development and Sales: Revenue generated from development and sale of multifamily apartment communities. The company acquires sites, develops properties, and either sells completed communities or retains them for management. Transaction-based revenue from property sales.
2. Construction Services: General contracting services for new development and renovation projects. Revenue from construction management, subcontractor management, and project supervision services.

Go-to-market motion2 records

Distribution channels1 record

Core offering

Bomasada Group is a privately-held multifamily real estate development and general contracting firm that acquires sites, develops, and constructs upscale apartment communities across the southeastern and southwestern United States. The company operates from initial site selection through final construction completion with an owner's mentality and hands-on approach. It also provides in-house general contracting and construction management services for new developments and renovation projects.

Product overview

Bomasada Group is a privately-held multifamily real estate development and construction firm based in Houston, Texas. The company operates a unified portfolio of residential property developments and integrated service offerings. Their product portfolio consists of named apartment communities (including Enclave, Metropolitan, and Cosmopolitan brands) across nine U.S. markets in the Southeast and Southwest regions, ranging from 108 to 329 units in various formats (mid-rise, garden-style, five-story urban). The company's core service offerings include development and design services and construction services, which work together to deliver projects from site selection through final completion.

Differentiator

Problem solved

Functional benefit

Named customers12 records

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 indicators7 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Berkshire Communities: Multifamily development and investment platform affiliated with Berkshire Realty Holdings, focused on Class A garden-style and mid-rise apartment communities in the U.S. Sun Belt — comparable product and target geography to Bomasada.
• Trammell Crow Residential: Multifamily developer subsidiary of Crow Holdings developing Class A mid-rise and high-rise apartments across U.S. markets — comparable in product type and end-user renter focus to Bomasada's portfolio.
• LMC (Lennar Multifamily Communities): Multifamily development arm of Lennar, building Class A rental apartment communities nationally with strong Sun Belt presence — comparable product mix and target markets, though at substantially larger scale and with public-company capital backing.
• RangeWater Real Estate: Sun Belt-focused multifamily developer and operator building Class A apartment communities across secondary markets in the Southeast and Southwest — directly comparable in geography, product type, and target renter demographic.
• Wood Partners: National multifamily developer active across Sun Belt and secondary U.S. markets developing Class A mid-rise and garden-style apartments under repeatable branded products — directly comparable to Bomasada's mid-rise, multi-market multifamily development model.
• GID Investment Advisers: Privately-held real estate investment and development firm operating multifamily and mixed-use platforms across U.S. markets — comparable as a private, founder-controlled multifamily developer of Bomasada's scale and profile.
• Mill Creek Residential: Multifamily developer focused on Class A apartment communities across U.S. Sun Belt and secondary markets, with integrated development and construction capabilities — a close structural analog to Bomasada's developer-plus-GC model.
• Alliance Residential Company: Privately-held multifamily developer and property manager operating across multiple U.S. Sun Belt and secondary markets with branded mid-rise communities — highly comparable in scale, geography, and product type to Bomasada.
• NAVA Real Estate: Privately-held multifamily developer focused on Class A apartment communities across U.S. Sun Belt and secondary markets — comparable in scale, geography, and developer-plus-construction model to Bomasada.

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. multifamily operator, developer, and investment manager with broad national scale and full-stack capabilities. While much larger than Bomasada and operating across all U.S. markets including primary gateways, it overlaps directly on Bomasada's development and operating product in the Southeast and Southwest.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/bomasada-group-ins

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Bomasada Group