Boligbyggelaget Midt

What Boligbyggelaget Midt does

Boligbyggelaget Midt is a member-owned Norwegian housing cooperative (borettslag) headquartered in Verdalsøra, Trøndelag, with additional offices in Levanger and Steinkjer. Founded in 1969 as Verdal Boligbyggelag and operating under its current name following a 2018 rebrand, the cooperative serves approximately 5,000 individual members and roughly 150 affiliated housing cooperatives that together cover around 4,000 managed residential units. The organization operates with a small headcount of 11-50 employees and has expanded its footprint over time through mergers, most notably the 2010 consolidation of Levanger Boligbyggelag into what was then Innherred Boligbyggelag.

The cooperative's revenue model rests on three streams: an annual membership fee (300 NOK/year for regular members, 300 NOK one-time for juniors), recurring management and administrative fees from affiliated borettslag covering the ~4,000 managed apartments, and partner commissions generated through the Medlemsfordeler member benefits program. Core services include board advisory (Styreskolen), janitorial and maintenance coordination (Vaktmestertjenester), a digital maintenance work-order system (MidtVLP), and a turnkey bathroom renovation offering (Bad på 1, 2, 3). The cooperative also intermediates a member mortgage product (Midt Boliglån) via a banking partner and offers the forkjøpsrett priority-purchase-rights mechanism, which is the central member-facing value proposition and ranks members by accumulated seniority (ansiennitet).

Digital infrastructure is functional rather than differentiating. The member-facing portal 'Min Side' provides account access, while MidtVLP digitizes maintenance coordination. Affiliation with NBBL, the national cooperative housing federation, supplies shared services and access to a network of more than 20 Norwegian cooperatives. The 2008 long-term cooperation agreement with Verdal Municipality anchors a municipal counterparty relationship, and the 1998 elevator-installation program, co-financed with Husbanken, demonstrates a history of building-side capital programs across the managed portfolio.

Name

Boligbyggelaget Midt

Legal name

Boligbyggelaget Midt

Website

https://bomidt.no

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Boligbyggelaget Midt is a member-owned Norwegian housing cooperative serving ~5,000 members and 150 affiliated borettslag covering ~4,000 apartments across Trøndelag, providing administrative management, maintenance coordination, member benefits, and turnkey renovation services.

Ownership category

akta.pro rank

Product category

Housing Cooperative Management Services

NAICS

Other Community Housing Services (624229)

SIC

Services-To Dwellings & Other Buildings (7340), Services-Facilities Support Management Services (8744)

akta.pro industry

PRIMARYBPAJAFAH

HOA / Condominium Association Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

SECONDARYBPAJAHAD

Master-Planned Community & POA Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/HOA/Condominium Association Management

SECONDARYBPAJAFAD

Affordable & Subsidized Housing Property Management (LIHTC, Section 8)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

Keywords

• Housing cooperative management
• Member benefits programs
• Property administration services
• Priority purchase rights
• Residential maintenance services

Headquarters

HQ city

Verdalsøra

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Membership Fees: Annual membership fees from individual members. Junior membership costs 300 kr one-time with annual fee waived until age 18. Regular membership costs 300 kr annually.
2. Housing Cooperative Management Services: Administration and management fees charged to housing cooperatives (borettslag) and housing companies (sameier) for services including accounting, maintenance coordination, and advisory services.
3. Member Benefits Program: Partnership-based benefits program where retail and service partners provide discounts and bonuses to members, creating a network value proposition.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Boligbyggelaget Midt is a member-owned Norwegian housing cooperative (boligbyggelag) that manages housing cooperatives (borettslag) and condominiums (sameier) in northern Trøndelag. It provides professional administration services including accounting, maintenance coordination, janitorial services, and energy advisory to ~150 affiliated housing entities serving 4,000+ homes and 5,000 members. Core offerings include the Medlemsfordeler member benefits program with forkjøpsrett (priority purchase rights) on apartments, the Min Side digital member portal, the MidtVLP maintenance system, and the Bad på 1, 2, 3 coordinated bathroom renovation service.

Product overview

Boligbyggelaget Midt operates as a housing cooperative management organization offering a comprehensive suite of services for housing cooperatives (borettslag) and condominiums (sameier) across northern Trøndelag. The portfolio includes the Min Side digital member portal as the central hub for member services, the Medlemsfordeler benefits program providing nationwide purchase rights and partner discounts, MidtVLP for digital maintenance management, Bad på 1, 2, 3 coordinated bathroom renovation services, and Midt Boliglån mortgage products. The organization manages 5000+ members and 4000+ homes, providing property management services including finance/accounting, renovation, janitorial, and energy efficiency assessments. The core offering centers on housing cooperative administration, member benefits aggregation, and digital tools for property management.

Differentiator

Problem solved

Functional benefit

Products and services

• Min Side (My Page) Digital self-service portal for members to manage their membership, pay fees via Vipps, access digital membership cards, view housing information, and submit rental applications.
• Bad på 1, 2, 3 (Bathroom in 1, 2, 3) Coordinated bathroom renovation service delivering finished bathrooms in maximum three weeks. A single contact person coordinates all tradespeople including plumbers, electricians, and tilers for members.
• Midt Boliglån (Midt Home Loan) Member benefit mortgage loan product offered through partnership with financial institutions.
• MidtVLP (Digital Maintenance System) Digital maintenance management system for housing cooperatives and condominiums to track and manage property maintenance tasks.
• Medlemsfordeler (Member Benefits Program) Benefits program providing members with discounts and bonuses from partner businesses including retailers, service providers, and travel companies. Includes national purchase rights for member apartments.
• Forkjøpsrett (Purchase Rights) Priority purchase rights system allowing members to buy apartments before other bidders, covering 3000+ homes in northern Trøndelag and nationwide through partnership with 21 other housing cooperatives.
• Tilstandsvurdering og Energikartlegging (Condition Assessment & Energy Survey) Building condition assessment and energy mapping services for housing cooperatives, including maintenance planning and Enova subsidy application assistance.
• Styreskolen (Board School) Training courses for board members of housing cooperatives covering governance, responsibilities, and best practices.
• Vaktmestertjenester (Janitor Services) Janitor and maintenance services for housing cooperatives including snow clearing, grounds maintenance, and emergency response.

Quantifiable outcome

• 72% reduction in energy consumption (from 344 to 84 kWh/m²) achieved through energy efficiency upgrades
• +1 more outcomes

Named customers3 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

Integration2 records

Feature2 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Norske Boligbyggelags Landsforbund (NBBL)coreStrategic or Co-development PartnerNational umbrella organization for housing cooperatives in Norway. Boligbyggelaget Midt is affiliated with NBBL, providing members access to national resources, legal support, training, and the shared priority purchase rights network covering over 20 housing cooperatives across Norway.
• Rørlegger'n VerdalcoreStrategic or Co-development PartnerLocal plumbing company partnered for the 'Bad på 1, 2, 3' (Bathroom in 1, 2, 3) service offering bathroom renovations for members. Provides 15% discount on materials and favorable hourly rates.
• Berg & OlsenminorStrategic or Co-development PartnerPartner in the 'Bad på 1, 2, 3' bathroom renovation service, providing specialized expertise.
• Elektriker-ServiceminorStrategic or Co-development PartnerPartner in the 'Bad på 1, 2, 3' bathroom renovation service, providing electrical work.
• Enes og OlsenminorStrategic or Co-development PartnerPartner in the 'Bad på 1, 2, 3' bathroom renovation service, providing specialized expertise.
• BBL Datakompetanse AScoreTechnology or IntegrationTechnology partner providing the Hårfagre system and Min Side platform functionality. Also operates Boligbyggelagenes Medlemsfordeler (Member Benefits) program that Boligbyggelaget Midt participates in.
• HusbankencoreOthersNorwegian government housing bank providing grants and favorable loans for housing cooperative renovations, accessibility improvements, and energy efficiency projects.
• EnovacoreOthersNorwegian energy efficiency agency providing financial support for building energy upgrades. Has provided millions in grants for housing cooperative renovation projects.
• Facebook Ireland / Facebook IncminorGTM or Marketing PartnerSocial media platform used for member communication, marketing, and advertising.
• Studio AlbinminorGTM or Marketing PartnerMarketing and communications services partner.

Scale indicators4 records

Recent moves10 records

Expansion highlights5 records

Regional players

• Boligbyggelaget Nord (BON): BON is a member-owned housing cooperative serving northern Norway with borettslag administration and member benefits. Closest regional peer in terms of operating geography (northern Norway) and cooperative structure.
• Boligbyggelaget Vest (BOV): BOV is a housing cooperative serving western Norway (Vestlandet) with member benefits, borettslag management, and priority purchase rights. Directly comparable cooperative structure and service portfolio but operating in a different geographic region.
• USBL (Boligbyggelaget i Stavanger-regionen): USBL is a regional Norwegian housing cooperative operating in the Stavanger region of southwestern Norway, offering borettslag management, member benefits, and priority purchase rights. Comparable member-owned model serving a different geographic territory.

Direct peers

• TOBB (Trondheim og Omegn Boligbyggelag): TOBB is a Trondheim-area housing cooperative with member services, borettslag administration, and priority purchase rights. The most direct regional peer given shared Trøndelag geography and NBBL membership, directly competing for members and managed cooperatives in adjacent markets.
• Boligbyggelaget Oslo (BO): BO is a regional Norwegian housing cooperative serving the Oslo area with member-owned structure, priority purchase rights, and housing management services for borettslag. Closely aligned business model to BoMidt, though operating in a larger urban market with overlapping NBBL affiliation.

Others

• NBBL (Norske Boligbyggelags Landsforbund): NBBL is the national umbrella association for Norwegian housing cooperatives and BoMidt's key strategic partner. Not a direct competitor but the industry coordination body governing priority purchase rights, advocacy, and shared resources across all member housing cooperatives in Norway.
• Stabelo Boligkreditt: Stabelo is a Norwegian mortgage provider offering competitive home loans to housing cooperative members. Comparable as an ecosystem participant serving the same member base with financial products, though operating as a financial services firm rather than housing manager.

Broad incumbents

• OBOS: OBOS is Norway's largest housing cooperative, headquartered in Oslo with over 580,000 members and a broad portfolio of services spanning banking, real estate brokerage, construction, and member benefits. Directly comparable business model to Boligbyggelaget Midt but at vastly greater scale and national scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/boligbyggelagetmidt
• LinkedInlinkedin.com/company/boligbyggelagetmidt

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Boligbyggelaget Midt