DevMar
- Company typePrivate
- Founded2012
- HeadquartersSt. Petersburg, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
DevMar firmographics
Firmographics- Name
- DevMar
- Legal name
- DevMar
- Website
- https://devmardevelopment.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
DevMar industry classification
Industry- Product category
- Luxury Multifamily Real Estate Development
- NAICS
- New Multifamily Housing Construction (except For-Sale Builders) (236116), Lessors of Residential Buildings and Dwellings (53111)
- SIC
- Operative Builders (1531)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where DevMar is headquartered
LocationHeadquarters
- HQ city
- St. Petersburg
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
DevMar business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Others
Revenue model
- Residential Property Development and Rental: DevMar generates revenue through the development, construction, and operation of luxury multifamily residential apartment communities. The company develops properties in urban settings, offering modern luxury loft residences for rent. Revenue is generated through rental income from tenants occupying the residential units.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Luxury apartment rentals - pricing varies by property, unit size, and amenities |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
DevMar product offering
Product offeringCore offering
DevMar develops, constructs, and operates luxury multifamily residential apartment communities in urban walkable neighborhoods, primarily in Florida and Michigan. The company handles the full lifecycle from market and site selection through design, entitlement, construction management, marketing, and ongoing asset management, generating revenue from monthly rentals of high-end loft and apartment residences.
Product overview
DevMar is a luxury multifamily residential real estate development company that creates architecturally distinctive urban communities. The company operates across Florida (St. Petersburg, Winter Haven, Fort Myers) and Michigan (Milford, Plymouth, Royal Oak, Ann Arbor), developing luxury apartment communities under multiple product lines including Vantage (high-rise luxury), The Metro/Sky (urban boutique), RainDance/Breeze (downtown luxury), and various Lofts brands (industrial-inspired urban living). The portfolio includes completed developments ranging from 21 to 230 units, as well as upcoming projects scheduled through 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Vantage St. Petersburg A 211-unit luxury loft residential community in St. Petersburg's EDGE District featuring modern interiors with 11-foot ceilings, rooftop pool and lounge, fitness center, yoga room, co-work space, and pet spa for urban luxury renters.
- RainDance A 105-unit upscale apartment community in Downtown Winter Haven, Florida offering one- and two-bedroom residences with resort-style pool, pet spa, and dog park for urban luxury renters.
- The Metro A 100-unit fully furnished flex-term-stay apartment community in St. Petersburg's Edge District featuring artistic murals by Melanie Posner and resort-style amenities, targeting residents seeking flexible-stay luxury urban living.
- Sky St. Pete A planned 20-story, 230-unit luxury residential highrise in St. Petersburg's EDGE District offering a rooftop pool amenity deck, Sky Lounge, fitness center, and penthouse living options for high-end urban renters.
- Breeze A boutique luxury apartment development in Downtown Winter Haven featuring a resort-style pool, open-air café lounge, gaming lounge, bar, and fitness center for luxury urban renters.
- Vantage Fort Myers A planned 17-story, 229-unit luxury residential highrise in Downtown Fort Myers' River District featuring a resort-style pool, fitness center, and dog park for urban luxury renters.
- Station 3 Lofts A 45-unit warehouse loft residential community in Royal Oak, Michigan featuring urban industrial design with brick walls, polished concrete floors, and gourmet kitchens with stainless steel appliances for luxury urban renters.
- Loft 322 A 21-unit, 5-story residential loft community in Downtown Ann Arbor, Michigan with industrial chic design inspired by SOHO, Tribeca, and Chicago's Printers Row, targeting urban luxury renters.
- Metro Lofts A 30-unit, 4-story mixed-use loft development in Royal Oak, Michigan's rail district featuring an industrial aesthetic, exposed systems, and 57,141 square feet of space for urban luxury renters.
- Starkweather Lofts A 93-unit luxury loft-style apartment community in Plymouth, Michigan across two 4-story buildings featuring 10-foot ceilings and high-end finishes for urban luxury renters.
- The Marquette A 100-unit luxury loft-style residential community in Downtown Milford, Michigan spanning 140,000 square feet with community lounge, fitness room, and secured storage for urban luxury renters.
Companies that use DevMar
Customer profileSegments1 record
Ideal customer profiles1 record
DevMar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DevMar partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Melanie Posner (Muralist)minorDevMar commissioned nationally recognized muralist Melanie Posner to create art walls at The Metro property in St. Petersburg's Edge District. Her captivating artworks accentuate the area's unique vibe and culture, creating an artistic haven for residents.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
DevMar competitors and assessment
Company assessmentDirect peers
- RangeWater Real Estate: Atlanta-based multifamily developer with concentrated exposure to the Sun Belt (Florida, Georgia, Carolinas, Texas). Comparable in its focus on luxury Class A rental product and pipeline of mid- to high-rise urban apartments in growth metros.
- The Related Group: One of South Florida's most prolific luxury multifamily developers, known for high-rise urban residential towers with premium amenities. Closely comparable to DevMar's Vantage and Sky high-rise luxury product in Florida walkable downtowns.
- RAM Partners: Multifamily property manager and developer operating Class A apartment communities across the U.S. with significant Southeast/Florida presence. Comparable in luxury rental operations and on-site leasing model even though their primary role is third-party management.
- Atlantic Pacific Companies: Multifamily developer with significant Florida and Southeast operations building Class A apartment communities. Comparable to DevMar's luxury rental product in Florida growth markets and urban infill strategy.
- Kettler: Mid-Atlantic/DC-area multifamily developer and property manager with luxury urban apartment product. Comparable in its development-to-operate model and mid-rise Class A luxury positioning, though with different primary geography.
- Wood Partners: National multifamily developer focused on Class A urban infill communities in high-growth U.S. markets. Directly comparable to DevMar in product type (luxury walk-up and mid-rise apartment communities), target renter, and development approach in Sun Belt cities.
- Crescent Communities: Charlotte-based diversified real estate developer with active multifamily rental communities in the Southeastern U.S. Overlaps with DevMar's luxury Sun Belt multifamily rental product and walkable-urban site strategy.
- Mill Creek Residential: Multifamily developer and operator active in high-growth Sun Belt and Southeast markets, building Class A rental communities including high-rise and mid-rise product. Closely comparable to DevMar's luxury urban multifamily rental strategy.
- Bainbridge Companies: Multifamily developer and property manager with a strong Florida footprint. Directly comparable to DevMar's luxury apartment rental communities in Florida metros and resort amenity-driven product positioning.
Broad incumbents
- Toll Brothers Apartment Living: Multifamily rental arm of Toll Brothers, one of the largest U.S. luxury homebuilders, developing luxury Class A urban and suburban apartment communities nationally. Comparable on luxury positioning and developer-operator model, but with significantly greater capital and scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
DevMar financial estimates
Financial estimateRevenue estimate
Valuation estimate
DevMar leadership team
Management profileNumber of profiles
Profiles5 records
DevMar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DevMar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DevMar
What does DevMar do?
DevMar develops, constructs, and operates luxury multifamily residential apartment communities in urban walkable neighborhoods, primarily in Florida and Michigan. The company handles the full lifecycle from market and site selection through design, entitlement, construction management, marketing, and ongoing asset management, generating revenue from monthly rentals of high-end loft and apartment residences.
Is DevMar a public or private company?
DevMar is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was DevMar founded?
DevMar was founded in 2012. It employs 1 to 10 people.
Where is DevMar based?
DevMar is headquartered in St. Petersburg, United States, in the North America region.
How does DevMar make money?
One revenue line is on record: residential Property Development and Rental.
Who are DevMar's main competitors?
Direct peers on record are RangeWater Real Estate, The Related Group, RAM Partners, Atlantic Pacific Companies, Kettler, Wood Partners, Crescent Communities, Mill Creek Residential and Bainbridge Companies. Toll Brothers Apartment Living is listed as a broad incumbent.
Does DevMar have an API?
No public API is recorded for DevMar.
What industry is DevMar in?
DevMar's product category is Luxury Multifamily Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 236116 and its SIC code is 1531.