What Hunter Pasteur does

Hunter Pasteur is a private, founder-led luxury residential real estate developer headquartered in Farmington Hills, Michigan, founded in 1999 by Randy Wertheimer. The company focuses on the Southeast Michigan market and has built more than 1,500 homes historically, with 2,250+ residential units currently in active development and over $1B in cumulative development investment. Its product scope spans custom single-family luxury homes, for-sale condominiums, large-scale multifamily rental communities, and select co-developed hospitality assets such as The Godfrey Hotel Detroit.

The company's portfolio covers ground-up new construction, master-planned mixed-use redevelopment (notably Northville Downs in partnership with Toll Brothers, Forbes, and Soave), and historic adaptive reuse (Red Arrow Lofts). Pricing on the for-sale side ranges from approximately $684K to $2.5M per unit, while rental product is positioned at $1,990–$6,000 per month, placing the developer in the upper tier of the regional market rather than the mass-market segment. Buyer and renter counterparties are distributed individuals and households rather than institutional customers.

The business model is project-driven rather than recurring-revenue: Hunter Pasteur sources and entitles land, structures joint ventures with capital and operating partners (Toll Brothers, Forbes, Soave, Oxford Capital, L Catterton, DACRA), manages design and construction, and monetizes through unit sales, rental income, and JV-level economics. Revenue recognition is therefore a function of construction completion and unit delivery cadence rather than subscriptions or licensing. Geographic expansion to Miami (CASSI, with DACRA and L Catterton in 2023) is the company's first material move outside Southeast Michigan, supported by leadership additions including Omar Eid (joined 2021, promoted to VP Development / Partner).

Name

Hunter Pasteur

Legal name

Hunter Pasteur Homes

Website

https://hunterpasteur.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Hunter Pasteur is a Southeast Michigan luxury residential real estate developer founded in 1999, building custom homes, condominiums, multifamily rental communities, and select hospitality projects, with $1B+ in development investment and recent expansion to Miami.

Ownership category

akta.pro rank

Headquarters

HQ city

Farmington Hills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Luxury Single Family Home Sales: Custom luxury single family homes sold to individual buyers in communities such as The Downs Northville, Prescott Park, Gramercy Ridge, and City Modern. Homes range from approximately $684,900 to $2.5 million+.
2. Luxury Multifamily Rental: Development and operation of luxury rental apartment communities including Perennial Corktown (195 units), Red Arrow Lofts (28 units), The Apex West Bloomfield (212 units), Woodview Commons Ann Arbor (551 units), Birmingham Pointe (152 units), and CASSI Miami (107 units). Monthly rents range from approximately $1,990 to $6,000 depending on unit size and location.
3. Hospitality Development: Co-development of The Godfrey Hotel Detroit with Oxford Capital Group. The 227-room luxury hotel includes Hamilton's restaurant (operated by Chickpea Hospitality) and I/O rooftop lounge. Hunter Pasteur acts as development partner on hospitality projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Hunter Pasteur is a luxury residential real estate developer and homebuilder that constructs and sells custom single-family homes, develops and operates luxury multifamily rental communities, and co-develops hospitality properties. Its portfolio spans single-family home communities, condominium projects, mixed-use developments, and a 227-room hotel, primarily in Southeast Michigan with expansion into Miami.

Product overview

Hunter Pasteur is Southeast Michigan's premier luxury residential builder and developer offering a portfolio of luxury custom homes, condominiums, and multifamily rental communities. The company's product portfolio includes single-family home communities (The Downs Northville, Prescott Park, Gramercy Ridge, Broadway Park, City Modern), luxury rental apartment complexes (Perennial Corktown, Red Arrow Lofts, The Apex, Woodview Commons, Birmingham Pointe), and hospitality developments (The Godfrey Hotel with Hamilton's restaurant). Hunter Pasteur also has its first out-of-state development, CASSI, in Miami's Design District. The company has built over 1,500 luxury homes across 25 years and currently has 2,250 residential units in development with $1B+ in new development investment.

Differentiator

Problem solved

Functional benefit

Products and services

• The Downs Northville Distinctive residential community in historic downtown Northville featuring homes from 1,967-3,576 ft2 with 2-4 bedrooms and 3-4 bathrooms, priced from $989,000 to $2.5M+.
• Prescott Park Serene residential community in West Bloomfield offering Modern Farmhouse, Transitional, Contemporary, Shingle Style, and Traditional architecture, with homes from 1,975-4,500 ft2 starting at $1,300,000.
• Gramercy Ridge Exclusive collection of 52 ranch-style condominiums in West Bloomfield with modern open floorplans and high-end finishes; units from 2,204-2,286 ft2 priced $684,900-$749,900.
• Broadway Park State-of-the-art residences along Ann Arbor's Huron River with 1-3 bedroom units and penthouses from 780-2,700+ ft2; pre-sale pricing coming soon.
• City Modern Groundbreaking mixed-use development in Detroit's Brush Park neighborhood comprising four renovated Victorian mansions and 20 new buildings with six distinct housing styles; homes from 2,280-3,170 ft2 priced $1,015,000-$1,414,000 (sold out).
• Perennial Corktown Mixed-use development near Ford's innovation campus combining 7 townhomes and 188 apartments with co-working spaces, pool deck, and fitness center; units from 597-2,700+ ft2 (195 units total).
• Red Arrow Lofts Historic renovation project transforming a former storage building into 28 loft-style apartments in Corktown; units from 570-1,180 ft2 including Studio, 1Br, and 2Br options.
• The Apex 212-unit apartment complex in West Bloomfield with 1Br, 2Br, and 3Br units from 766-1,950 ft2 featuring resort-style pool, EV chargers, 2,500 SF gym, and 20,000 SF pool deck; rents $1,990-$6,000/month.
• Woodview Commons 90-acre development on Ann Arbor's Jackson Rd. featuring 551 units including stacked flats, townhomes, attached ranches, and a 4-story apartment building; units from 800-1,650 ft2.
• Birmingham Pointe 152-unit rental property in Birmingham's Triangle District with 4,100+ SF retail space; amenities include ground floor outdoor lawn, 3,000 SF workout facility, work-from-home space, and 13,200 SF rooftop pool deck.
• CASSI 20-floor luxury rental residence in Miami's Design District featuring 107 units and 22,830 ft2 of retail space; units from 890-3,150 ft2 with 1Br, 2Br, 3Br, and Penthouse options; opens 2027.
• The Godfrey Hotel Detroit 227-room luxury hotel in Corktown, Detroit developed in partnership with Oxford Capital Group, featuring Hamilton's restaurant, I/O rooftop lounge (city's largest indoor/outdoor with retractable glass), and 9,000 SF ballroom space.
• Hamilton's Restaurant Full-service American cuisine restaurant at The Godfrey Hotel, paying homage to Hamilton Carhartt; offers breakfast, lunch, and dinner daily with 93 indoor seats and 38 terrace seats.

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Oxford Capital GroupcoreStrategic or Co-development PartnerPartnership between Oxford Capital Group and Hunter Pasteur on The Godfrey Hotel Detroit, a 227-room luxury hotel featuring Hamilton's restaurant and I/O rooftop lounge. Oxford Capital Group handles hospitality operations while Hunter Pasteur provides development expertise.
• The Forbes CompanycoreStrategic or Co-development PartnerJoint venture partner with Hunter Pasteur on multiple luxury multifamily developments including The Apex West Bloomfield and Woodview Commons Ann Arbor. The Forbes Company brings additional capital and development expertise to the partnerships.
• Soave EnterprisescoreStrategic or Co-development PartnerDetroit-based partner co-developing luxury multifamily projects including The Apex West Bloomfield with Hunter Pasteur and The Forbes Company. Soave Enterprises provides local market expertise and capital resources.
• Toll BrothersminorStrategic or Co-development PartnerJoint venture partner on the Northville Downs redevelopment project, a 48-acre planned unit development on the former Northville Downs Racetrack. Hunter Pasteur is co-developing with Toll Brothers alongside The Forbes Company and Soave Real Estate Group.
• DACRAcoreStrategic or Co-development PartnerPartner on Hunter Pasteur's first out-of-state development - a high-end mixed-use development in Miami's Design District. DACRA contributes local Miami market expertise and design district connections.
• L CattertoncoreStrategic or Co-development PartnerStrategic partner on the Miami Design District mixed-use development. L Catterton brings private equity investment and real estate development expertise to the project.
• Chickpea HospitalityminorStrategic or Co-development PartnerHospitality operator partnered with Oxford Capital Group and Hunter Pasteur to create Hamilton's restaurant at The Godfrey Hotel Detroit. Chickpea Hospitality conceived and operates the full-service restaurant featuring authentic American cuisine.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Others

• L Catterton: Global consumer-focused private equity firm with a real estate strategy; comparable as the institutional capital partner behind Hunter Pasteur's Miami Design District (CASSI) project and reflects the type of PE capital the company could attract going forward.

Broad incumbents

• Howard Hughes Holdings: Public master-planned community developer building large-scale residential and mixed-use communities; comparable in master-planned residential community development and luxury product positioning but at national scale.
• Toll Brothers: National luxury homebuilder publicly listed on NYSE; comparable in product (luxury for-sale homes) and target market (affluent buyers), and is itself a JV partner with Hunter Pasteur on the Northville Downs redevelopment. Operates at much larger scale across the US.
• Related Companies: One of the largest US luxury and affordable housing developers with national geographic reach and a portfolio spanning residential, mixed-use, and hospitality; comparable at the luxury development product level but at vastly larger scale.

Direct peers

• Curis Real Estate Partners: Mid-market residential and mixed-use developer active in Southeast Michigan; comparable in regional luxury residential development focus and product mix (for-sale and for-rent).
• Bedrock (Quicken Loans/Rocket Family): Detroit-focused real estate firm developing mixed-use, residential, and commercial properties including City Modern-adjacent Brush Park projects; comparable as a Detroit-based luxury and mixed-use developer operating in Hunter Pasteur's core geography.
• The Forbes Company: Michigan-based luxury real estate developer and operator of Class-A mixed-use properties including Somerset Collection; directly comparable as a luxury developer and recurring JV partner on multiple Hunter Pasteur projects (The Apex, Woodview Commons, Northville Downs).
• Soave Enterprises / Soave Real Estate Group: Detroit-based diversified holding company with a real estate arm; comparable as a regional luxury multifamily developer and a recurring JV partner on Hunter Pasteur projects including The Apex and Northville Downs.
• Oxford Capital Group: Chicago-based hospitality-focused real estate investment, development, and management firm; directly comparable through the co-development of The Godfrey Hotel Detroit and partnership on multifamily developments with Hunter Pasteur.

Regional players

• Brooks Building & Development: Regional luxury custom homebuilder operating in Michigan markets; comparable as a Michigan-based luxury residential builder competing in the same geographic footprint for similar high-end buyers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/HunterPasteurHomes
• Instagraminstagram.com/hunterpasteur
• LinkedInlinkedin.com/company/hunterpasteur

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Hunter Pasteur