Strathmore Real Estate Group
Privately held real estate development, management, and investment company founded in 1986, executing residential, commercial, industrial, and brownfield redevelopment projects across the Midwest, Southeast US, and Canada for national credit tenants and residential occupants.
- Company typePrivate
- Founded1986
- HeadquartersEast Lansing, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Strathmore Real Estate Group does
Strathmore Real Estate Group is a privately held real estate development, management, and investment company founded in 1986 and headquartered in East Lansing, Michigan, with regional offices in Riverview, Florida and Gahanna, Ohio. The company executes commercial, mixed-use, and residential real estate projects across the Midwestern and Southeastern United States, with selective activity reaching Ontario, Canada. Its core offerings span ground-up development (retail centers, grocery-anchored centers, industrial parks, mixed-use projects, student housing, apartment communities, custom homes), debt acquisition and REO repositioning (since 2017), sales and leasing, comprehensive property management, and brownfield redevelopment of environmentally challenged sites including a national historic landmark.
Revenue is generated through three primary streams: one-time development sales and lease revenue (project-based), transactional sales and leasing commissions, and recurring property management fees. The company has delivered projects with individual values up to $90 million and maintains a national credit-tenant client base that includes Trader Joe's, Cracker Barrel, Extended Stay America, RaceTrac, Belle Tire, Dunkin' Donuts, Zaxby's, and Mavis Discount Tire. Notable scale signals include a 344-unit apartment community on a former landfill, a 300,000 sq ft adaptive reuse project in Grand Traverse County, and a $50M portfolio sale of stabilized retail and multi-family assets in Michigan and Florida.
The go-to-market motion is sales-led, executed through direct engagement with national credit tenants and residential buyers/renters via a three-office regional network and supporting digital channels (company website, LinkedIn, Instagram, Facebook, project-specific social pages). Senior management averages over 30 years of experience across engineering, law, accounting, and real estate disciplines. The firm operates without disclosed external institutional investment or private equity backing, and there are no funding rounds or SEC filings referenced, consistent with founder/management-owned private ownership.
Strathmore Real Estate Group firmographics
Firmographics- Name
- Strathmore Real Estate Group
- Legal name
- Strathmore Real Estate Group
- Website
- https://strathmorerealestategroup.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Privately held real estate development, management, and investment company founded in 1986, executing residential, commercial, industrial, and brownfield redevelopment projects across the Midwest, Southeast US, and Canada for national credit tenants and residential occupants.
- Ownership category
- akta.pro rank
Strathmore Real Estate Group industry classification
Industry- Product category
- Real Estate Development & Management
- NAICS
- New Housing For-Sale Builders (236117), Nonresidential Property Managers (531312), Residential Property Managers (531311), Real Estate Credit (522292)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industries
- Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI), Brownfield Redevelopment Support (Site Characterization & Reuse Planning) (EUAHAFAJ), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
Keywords
Where Strathmore Real Estate Group is headquartered
LocationHeadquarters
- HQ city
- East Lansing
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Strathmore Real Estate Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Development: Development of residential and commercial properties for sale or lease, including debt acquisition and REO repositioning.
- Sales and Leasing: Marketing and selling or leasing residential and commercial real estate properties. Revenue generated from transaction fees and commissions on sales and leases.
- Property Management: Comprehensive property management services ensuring efficient operations and tenant satisfaction.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Strathmore Real Estate Group product offering
Product offeringCore offering
Strathmore Real Estate Group develops, manages, sells, and leases residential and commercial real estate properties, with specialized expertise in brownfield redevelopment and environmentally challenged sites. The company provides debt acquisition and REO repositioning services for financial institutions, and executes ground-up development for national credit tenants as well as residential communities including student housing, apartments, and single-family homes.
Differentiator
Problem solved
Functional benefit
Products and services
- Oak Shore Commons (Apartment Community) 186-unit planned apartment community in Acme Township / Traverse City, Michigan. Includes multiple phases of apartments and is part of a broader redevelopment that includes Oak Shore Commerce Park. Targeted at residential renters seeking new construction in the Traverse City market.
- Woodland Lakes Apartments 344-unit apartment community developed on a former landfill site through brownfield redevelopment. Targeted at residential renters.
- Red Cedar Flats (Student Housing)
Quantifiable outcome
- $50M in stabilized retail and multi-family investments sold in Michigan and Florida markets
- +4 more outcomes
Companies that use Strathmore Real Estate Group
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles3 records
Strathmore Real Estate Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Strathmore Real Estate Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- E&L Construction GroupcorePartnership with Flint-based E&L Construction Group for construction of Oak Shore Commons project in Acme Township, Michigan. E&L serves as general contractor for the residential development.
- Coldwell Banker Schmidt RealtorsminorScott Hardy of Coldwell Banker Schmidt Realtors represented the seller (TCAPS) in the $1.225M sale of Bertha Vos Elementary School property to Strathmore for Oak Shore Commons expansion.
- Port ManateeminorPort Manatee is a county-owned deepwater seaport and Strathmore commenced development of industrial buildings there including dry and cold storage facilities. One of Florida's largest deepwater seaports and closest U.S. deepwater port to the Panama Canal.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
Strathmore Real Estate Group competitors and assessment
Company assessmentDirect peers
- Ram Realty Services: Southeast and Midwest-focused real estate developer of multifamily, mixed-use, and retail assets. Operates across Florida and adjacent markets with development and investment capabilities directly comparable to Strathmore's regional footprint.
- Continental Properties: National developer and operator of multifamily and retail commercial real estate. Comparable in combining ground-up development with credit-tenant retail build-to-suit projects for national brands and large-scale multifamily communities.
- REDICO: Michigan-based diversified real estate developer and manager with similar multi-state portfolio across office, retail, multifamily, and mixed-use assets. Operates development, property management, and investment activities analogous to Strathmore's integrated model.
- McKinley Companies: Michigan-based real estate investment, development, and management firm with multi-state portfolio spanning multifamily, commercial, and student housing. Closely comparable to Strathmore's Ann Arbor-region operating model and asset mix.
- Geis Companies: Cleveland, Ohio-based diversified real estate developer with industrial, office, retail, and multifamily projects. Comparable regional Midwestern operator with development, construction, and property management capabilities similar to Strathmore's Cleveland-area activity.
- Frankel Enterprises: Long-established Midwest real estate developer with residential, retail, and mixed-use projects. Similar generational, privately-held operating model with comparable integrated development and management activities.
- Burton-Katzman Company: Michigan-based real estate development and management firm operating multifamily, retail, office, and industrial assets across the Midwest. Direct comparable given similar regional focus, asset class mix, and integrated development/management model.
Others
- Grandbridge Real Estate Capital: Commercial real estate finance company that provided the $19M refinance of Strathmore's MSU Red Cedar Flats student housing project. Lender/capital partner relationship rather than direct competitor, but operates in adjacent commercial real estate capital markets.
Regional players
- Horizon Realty Group: Midwest-focused real estate development and investment firm with multifamily, mixed-use, and commercial projects. Comparable regional operator though concentrated in different Midwest submarkets than Strathmore's Michigan/Florida core.
Broad incumbents
- Preferred Apartment Communities: Multifamily-focused real estate investment trust operating across the Southeast and Midwest. Larger and broader-scope operator of multifamily communities with development capabilities overlapping Strathmore's residential business.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Strathmore Real Estate Group social profiles
Digital presenceStrathmore Real Estate Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Strathmore Real Estate Group leadership team
Management profileNumber of profiles
Profiles6 records
Strathmore Real Estate Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Strathmore Real Estate Group 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 Strathmore Real Estate Group
What does Strathmore Real Estate Group do?
Strathmore Real Estate Group develops, manages, sells, and leases residential and commercial real estate properties, with specialized expertise in brownfield redevelopment and environmentally challenged sites. The company provides debt acquisition and REO repositioning services for financial institutions, and executes ground-up development for national credit tenants as well as residential communities including student housing, apartments, and single-family homes.
Is Strathmore Real Estate Group a public or private company?
Strathmore Real Estate Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Strathmore Real Estate Group founded?
Strathmore Real Estate Group was founded in 1986. It employs 11 to 50 people.
Where is Strathmore Real Estate Group based?
Strathmore Real Estate Group is headquartered in East Lansing, United States, in the North America region.
How does Strathmore Real Estate Group make money?
Three revenue lines are on record. Real Estate Development is the primary driver. The others are sales and Leasing and property Management.
Who are Strathmore Real Estate Group's main competitors?
Direct peers on record are Ram Realty Services, Continental Properties, REDICO, McKinley Companies, Geis Companies, Frankel Enterprises and Burton-Katzman Company. Grandbridge Real Estate Capital is listed as an others. Horizon Realty Group is listed as a regional player. Preferred Apartment Communities is listed as a broad incumbent.
Does Strathmore Real Estate Group have an API?
No public API is recorded for Strathmore Real Estate Group.
What industry is Strathmore Real Estate Group in?
Strathmore Real Estate Group's product category is Real Estate Development & Management. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAIANAI, Urban Renewal, Brownfield Redevelopment & Land Reuse. Its NAICS code is 236117 and its SIC code is 6552.