CB-Emmanuel Realty
CB-Emmanuel Realty is a private New York affordable-housing developer and manager that develops and rehabilitates properties for low-income households, seniors, and formerly homeless residents through government programs and nonprofit partnerships.
- Company typePrivate
- Founded2005
- HeadquartersQueens Village, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What CB-Emmanuel Realty does
CB-Emmanuel Realty is a private New York limited liability company founded in 2005 that develops, rehabilitates, owns, and manages affordable housing. Its work includes new construction, moderate and substantial rehabilitation, and adaptive reuse serving low-income families, seniors, formerly homeless residents, and other supportive-housing populations. The company reports more than 4,500 units developed or invested in across 40+ projects and approximately 3,000 owned units, with operations in New York City and Upstate New York.
Its offerings include affordable-housing development, turnkey development consulting, property and asset management, and project-specific joint ventures. The portfolio includes Utica Crescent, West Brighton Houses, Calvary Senior Housing, Angela's House, Alabama Avenue Apartments, and CB CSH. CB-Emmanuel uses 4% and 9% Low-Income Housing Tax Credits, tax-exempt bonds, HUD RAD/PACT, and state and local subsidies. The company has no disclosed proprietary technology platform; its disclosed technology use is limited to standard tools such as Yardi property-management software and web-based communications.
Revenue is derived from project and development fees, ownership and operation of affordable rental assets, property and asset management, and development consulting. Rents are not company-set prices: they are constrained by Area Median Income requirements and rent stabilization. The go-to-market is institutional, relying on government RFPs and awards, public-private partnerships, LIHTC syndicators and lenders, and relationships with faith-based and social-service nonprofits. The business is therefore dependent on public-program funding, procurement access, and project execution rather than consumer acquisition.
CB-Emmanuel Realty firmographics
Firmographics- Name
- CB-Emmanuel Realty
- Legal name
- CB Emmanuel LLC
- Website
- https://cbemmanuel.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CB-Emmanuel Realty is a private New York affordable-housing developer and manager that develops and rehabilitates properties for low-income households, seniors, and formerly homeless residents through government programs and nonprofit partnerships.
- Ownership category
- akta.pro rank
CB-Emmanuel Realty industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (2361)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)
- akta.pro secondary industries
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF), Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG), Government-Backed CRE Lending (FHA/HUD/USDA) (FSALADAE)
Keywords
Where CB-Emmanuel Realty is headquartered
LocationHeadquarters
- HQ city
- Queens Village
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
CB-Emmanuel Realty business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others, Marketing or Sales
Revenue model
- Affordable Housing Development Fees: CB-Emmanuel earns development fees by originating, financing, and constructing affordable housing projects. Revenue is generated through government-sponsored programs including Low-Income Housing Tax Credits (LIHTC — both 4% and 9% credits), tax-exempt bonds, and capital subsidies. Projects are typically 100% affordable, serving extremely low-, very low-, and low-income households.
- Property Management: The firm owns and manages a portfolio of approximately 3,000 units of affordable housing across New York State. Revenue is generated through ongoing property operations, rental income from affordable units, and asset management services.
- Turnkey Project Consulting: CBE offers consulting services for other developers navigating the development process from site selection through project conversion, including funding applications for LIHTC programs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Extremely Low-Income (up to 30% AMI) |
| Other | Monthly | Very Low-Income (up to 50–60% AMI) |
| Other | Monthly | Low-to-Moderate Income (up to 165% AMI) |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
CB-Emmanuel Realty product offering
Product offeringCore offering
CB-Emmanuel Realty develops, finances, and manages affordable housing across New York State. The firm originates projects through government RFPs and partnerships with faith-based institutions and nonprofits, structures LIHTC and tax-exempt bond financing, and operates or develops new construction, substantial rehabilitation, and adaptive reuse projects serving extremely low-, very low-, and low-income households, seniors, and supportive housing populations.
Product overview
CB-Emmanuel Realty is an affordable housing developer offering a portfolio of housing development products and services. The company's core offering is the development of affordable housing through new construction and rehabilitation projects. Their product portfolio includes senior housing developments (Angela's House, Calvary Senior Housing, Stuypark House), supportive housing (Alabama Avenue Apartments, CB CSH), multifamily properties (S-Five Properties, Regina Pacis), and large-scale mixed-use developments (Utica Crescent/Vital Brooklyn). Projects span New York State including New York City boroughs (Brooklyn, Queens) and Upstate locations (Buffalo, Rochester, Niagara Falls). The company focuses on moderate rehabilitation to ground-up construction, utilizing financing mechanisms including LIHTC (4% and 9%), HUD RAD, and various state/city housing programs.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 4,500+ affordable housing units developed or invested in across 40+ projects since 2005
- +4 more outcomes
Companies that use CB-Emmanuel Realty
Customer profileNamed customers7 records
Ideal customer profiles3 records
CB-Emmanuel Realty technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CB-Emmanuel Realty partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and supporting.
- BFC Partners Development LLCcoreBFC Partners Development LLC is a co-development partner with CBE and Catholic Homes New York on the West Brighton Houses NYCHA PACT conversion — the first Staten Island project to convert under NYCHA's PACT program, involving $100M in capital repairs for 574 apartments.
- Catholic Homes New YorkcoreCatholic Homes New York is a co-development partner on West Brighton Houses, handling social services and assisting residents with the transition from Section 9 to Section 8 vouchers under the PACT program.
- Delta Development (Buffalo)coreDelta Development is CBE's co-developer and property manager for Angela's House in Cheektowaga (Buffalo), a 67-unit supportive senior housing project at the former Villa Maria Academy. Delta manages the property post-construction.
- Calvary Baptist Church of JamaicacoreCalvary Baptist Church of Jamaica is the faith-based partner for Calvary Baptist Church Senior Housing — 100 units of senior affordable housing in Queens. The church contributed land and serves as the anchor community institution for the development.
- Services for the UnderServed (S:US)coreS:US is co-developer and on-site social service provider for Alabama Ave. Apartments (70 units), providing services for 43 formerly homeless residents funded through NYC's 15/15 Program. Also partnered on 461 Alabama Avenue development.
- Monadnock Development LLCcoreJoint venture partner with CBE for Utica Crescent (Vital Brooklyn Site K) — a $256 million, 322-unit affordable housing development in East Flatbush, Brooklyn. Monadnock Construction also serves as the general contractor.
- Community Services Housing Development Corporation (CSHDC)coreCSHDC partnered with CBE on the 2016 preservation of 33 buildings with 359 units in Bed-Stuy and Brownsville, Brooklyn. CSHDC has 35+ years of experience providing housing in low-income African American and Latino communities of Brooklyn.
- One Brooklyn Health SystemcoreOne Brooklyn Health System (OBHS) is the owner of the parking lot at the Kingsbrook Jewish Medical Center campus being redeveloped as Utica Crescent. OBHS will receive a new dialysis center and 300 underground parking spaces as part of the development.
- Pinnacle City LivingsupportingPinnacle City Living serves as the property manager for West Brighton Houses I and II after conversion under NYCHA's PACT program, taking over day-to-day management from NYCHA.
- NYCHA (New York City Housing Authority)coreNYCHA is the government housing authority that selected CBE and its partners for the West Brighton Houses PACT conversion — the first Staten Island NYCHA development to convert under RAD/PACT. NYCHA retains ownership while transferring management to private partners.
- Catholic Charities of BuffalosupportingCatholic Charities of Buffalo provides referrals for a variety of resident services including physical and behavioral health services, money management education, independent living skills training, and transportation for residents of Angela's House's 21 supportive housing units.
- 67th Precinct Community Clergy CouncilsupportingThe 67th Precinct Community Clergy Council will have dedicated community facility space in the Utica Crescent development, supporting neighborhood cohesion and community programming in East Flatbush.
- Town of CheektowagasupportingThe Town of Cheektowaga is listed among CBE's corporate partners and provided HOME funds for Angela's House development in Buffalo's suburbs.
- Corporation for Supportive Housing (CSH)supportingCSH provided predevelopment financing for Alabama Ave. Apartments and is listed among CBE's charitable partners, supporting the organization's supportive housing initiatives.
- Catholic Charities Brooklyn and QueenscoreCatholic Charities Brooklyn and Queens provides on-site supportive services to Utica Crescent residents and manages a community facility in the development. The organization is described as the leading developer of affordable housing in Brooklyn and Queens.
- Censere ConsultingsupportingCensere Consulting serves as the technical adviser supporting the West Brighton Houses tenant review committee in navigating the PACT conversion process, ensuring transparent partnership decisions.
- BestSelf Behavioral HealthsupportingBestSelf Behavioral Health is the on-site supportive services provider for Mount Aaron Village's 59-unit development in Buffalo, providing mental health and addiction services to residents including 18 apartments for homeless individuals.
Scale indicators9 records
Recent moves4 records
Expansion highlights4 records
CB-Emmanuel Realty competitors and assessment
Company assessmentDirect peers
- Services for the UnderServed (S:US): NYC nonprofit developer and supportive housing operator; CBE's co-developer on Alabama Ave. Apartments. Directly comparable in supportive housing, formerly homeless set-asides, and LIHTC-financed development for vulnerable populations.
- The Arker Companies: NYC-based affordable and supportive housing developer with a comparable focus on LIHTC, HUD-financed, and supportive housing projects across NYC boroughs. Direct overlap in product type, customer base (HPD/HCR), and financing stack.
- Concern for Independent Living: Long Island/NYC nonprofit developer of supportive and affordable housing for special needs populations. Directly comparable in product type (supportive housing with on-site services), LIHTC financing model, and government contracting.
- BFC Partners: NYC-based affordable housing developer and co-development partner with CBE on the West Brighton Houses PACT conversion. Directly comparable as a minority-led, NYC-focused affordable housing developer pursuing LIHTC and government-financed multifamily projects.
- Catholic Homes New York: Faith-based affordable housing provider in NYC; CBE's co-development partner on West Brighton Houses PACT conversion. Comparable in affordable/senior housing focus, government contracting, and social services integration.
- Monadnock Development: NYC affordable housing developer and CBE's JV partner on the $256MM Utica Crescent project. Directly comparable focus on LIHTC-financed multifamily affordable housing in NYC, including supportive and senior housing.
- RiseBoro Community Partnership: Brooklyn-based nonprofit affordable housing developer and service provider. Directly comparable in NYC geography, affordable multifamily development, supportive housing emphasis, and community-based partnerships model.
Broad incumbents
- Phipps Houses: One of NYC's largest nonprofit affordable housing developers. Comparable in mission, NYC geography, and LIHTC-driven development model, though Phipps operates at substantially greater scale and longer operating history.
- L+M Development Partners: Large, well-capitalized NYC affordable and mixed-income housing developer. Comparable in target market and product type (LIHTC multifamily) but operates at significantly greater scale and with a broader mixed-income portfolio.
Others
- Enterprise Community Partners: National nonprofit affordable housing developer, lender, and LIHTC equity provider — CBE's financial partner across multiple projects. Comparable as a major affordable housing ecosystem participant, though Enterprise operates nationally as a developer-lender-investor rather than a NYC-focused boutique developer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
CB-Emmanuel Realty social profiles
Digital presenceCB-Emmanuel Realty financial estimates
Financial estimateRevenue estimate
Valuation estimate
CB-Emmanuel Realty leadership team
Management profileNumber of profiles
Profiles6 records
CB-Emmanuel Realty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CB-Emmanuel Realty 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 CB-Emmanuel Realty
What does CB-Emmanuel Realty do?
CB-Emmanuel Realty develops, finances, and manages affordable housing across New York State. The firm originates projects through government RFPs and partnerships with faith-based institutions and nonprofits, structures LIHTC and tax-exempt bond financing, and operates or develops new construction, substantial rehabilitation, and adaptive reuse projects serving extremely low-, very low-, and low-income households, seniors, and supportive housing populations.
Is CB-Emmanuel Realty a public or private company?
CB-Emmanuel Realty is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CB-Emmanuel Realty founded?
CB-Emmanuel Realty was founded in 2005. It employs 1 to 10 people.
Where is CB-Emmanuel Realty based?
CB-Emmanuel Realty is headquartered in Queens Village, United States, in the North America region.
How does CB-Emmanuel Realty make money?
Three revenue lines are on record. Affordable Housing Development Fees are the primary driver. The others are property Management and turnkey Project Consulting.
Who are CB-Emmanuel Realty's main competitors?
Direct peers on record are Services for the UnderServed (S:US), The Arker Companies, Concern for Independent Living, BFC Partners, Catholic Homes New York, Monadnock Development and RiseBoro Community Partnership. Broad incumbents are Phipps Houses and L+M Development Partners. Enterprise Community Partners is listed as an others.
Does CB-Emmanuel Realty have an API?
No public API is recorded for CB-Emmanuel Realty.
What industry is CB-Emmanuel Realty in?
CB-Emmanuel Realty's product category is Affordable Housing Development. Its primary akta.pro industry code is IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes), with a secondary code of BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8). Its NAICS code is 236116 and its SIC code is 6552.