What Cornerstone Group does

Cornerstone Group is a family-owned real estate company headquartered in Jeffersonville, Indiana, operating across three integrated lines of business: commercial real estate development and ownership, residential development and rental operations, and commercial brokerage. The company traces its origin to founder Pat Hoehn in 1971 and is currently led by third-generation owners Cory Hoehn and Kyle Hoehn, who serve as Co-Presidents. Its commercial portfolio is anchored by Water Tower Square, a 28-acre mixed-use business park positioned on the Louisville waterfront, and its residential portfolio centers on Bolt + Tie, a 96-unit luxury apartment community overlooking the Louisville skyline. The firm also operates a commercial real estate brokerage serving the Louisville and Southern Indiana markets.

The company's business model combines capital-intensive real estate ownership with transaction-based brokerage commissions. Revenue is generated primarily through (1) rental income from Water Tower Square commercial tenants, (2) rental income from Bolt + Tie residential renters, and (3) brokerage commissions on commercial lease and sale transactions. Recurring rental income provides a stable base, while brokerage introduces episodic revenue tied to deal flow. The company serves a regional client base spanning businesses of varying sizes (commercial tenants), individual renters (residential), and buyers/sellers/landlords (brokerage).

In April 2026, Cornerstone Group executed a strategic double acquisition of UK-based design consultancy ONE Creative Environments and UK-based mechanical & electrical firm Brinson Staniland Partnership, establishing its first material international footprint and extending beyond pure real estate into multi-disciplinary professional services. The team remains small (on the order of 9–11 employees) and the company does not disclose financial figures, raise external funding, or operate as a public entity.

Name

Cornerstone Group

Legal name

Cornerstone Group

Website

https://csgrealestate.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

11–50 employees

Short description

Family-owned real estate development, management, and brokerage firm based in Jeffersonville, Indiana, operating a 28-acre commercial business park, a 96-unit luxury apartment community, and a regional brokerage serving Louisville and Southern Indiana markets.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development and Management

NAICS

Management of Companies and Enterprises (55111), Management of Companies and Enterprises (55)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industry

Urban Planning & Master Planning (BPAHAKAD)

Keywords

• Commercial real estate
• Property management
• Real estate development
• Commercial brokerage
• Luxury apartments

Headquarters

HQ city

Jeffersonville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Real Estate Development: Development of commercial, industrial, office, and residential properties for sale or lease. Projects include Water Tower Square business park and Bolt + Tie luxury apartments.
2. Property Management: Management of commercial and residential properties for tenants.
3. Commercial Real Estate Brokerage: Brokerage services for marketing, purchasing, selling, and leasing industrial, office, and retail space.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Cornerstone Group develops, owns, manages, and brokers commercial and residential real estate in the Louisville and Southern Indiana market. Its flagship assets are Water Tower Square, a 28-acre historic business park offering industrial, office, and warehouse space, and Bolt + Tie, a 96-unit luxury riverside apartment complex. The firm also provides commercial real estate brokerage services for the purchase, sale, and lease of industrial, office, and retail space.

Product overview

Cornerstone Group is a single-platform real estate company offering integrated development, management, and brokerage services. The company operates two primary property products: Water Tower Square (a 28-acre business park offering industrial, office, and warehouse space for commercial tenants) and Bolt + Tie (a 96-unit luxury residential complex). Additionally, the company provides commercial real estate brokerage services through its VP of Brokerage. In April 2026, the company expanded into full multi-disciplinary professional services through the acquisition of ONE Creative Environments (integrated design consultancy) and Brinson Staniland Partnership (mechanical and electrical services specialist).

Differentiator

Problem solved

Functional benefit

Products and services

• Water Tower Square A 28-acre historic business park in Clarksville, IN overlooking the Louisville skyline, offering industrial, office, and warehouse space for commercial tenants ranging from single-person offices to corporate headquarters. Includes built-to-suit interiors and historically preserved buildings.
• Bolt + Tie A 96-unit luxury riverside apartment complex in Clarksville, IN featuring studio, 1-bedroom, and 2-bedroom layouts with modern amenities, luxurious finishes, and a rooftop deck overlooking the Ohio River and the Louisville skyline. Targets individual residential renters.
• Commercial Real Estate Brokerage Brokerage services for marketing, purchasing, selling, and leasing industrial, office, and retail space in Kentucky and Indiana, led by VP of Brokerage Krista Yockey and serving owners and tenants of all sizes.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• ONE Creative EnvironmentscoreStrategic or Co-development PartnerIntegrated design consultancy headquartered in Worcester with offices in Birmingham, Cardiff and London. Acquired to expand Cornerstone Group into full multi-disciplinary professional services.
• Brinson Staniland Partnership (BSP)coreStrategic or Co-development PartnerKent-based firm specialising in mechanical and electrical services with focus on low-energy innovative designs. Acquired to strengthen M&E expertise and building performance capabilities.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Panattoni Development Company: Large industrial real estate developer that develops and leases warehouse, office, and logistics space — closely comparable to Cornerstone's industrial/warehouse development activities at Water Tower Square.
• NTS Development Company: Louisville-based, family-influenced real estate firm that develops, owns, and manages multifamily and commercial properties in the Kentucky/Southern Indiana region — directly comparable to Cornerstone Group's vertically integrated regional model.
• Becknell Industrial: Regional industrial and warehouse developer/operator with a similar mix of owned industrial parks and brokerage-adjacent services, making it a comparable to Cornerstone's Water Tower Square business.

Broad incumbents

• WSP Global: Global professional services firm with property and buildings design, M&E engineering, and sustainability expertise — overlaps with the multi-disciplinary platform Cornerstone is assembling through its UK acquisitions.
• Jones Lang LaSalle (JLL): Global CRE services firm offering brokerage, property management, and investment sales across all asset classes — overlaps with Cornerstone's full-service development/management/brokerage stack but at global scale.
• Stantec: Global design and engineering consultancy with integrated architecture, M&E, and building performance services — directly comparable to Cornerstone's newly acquired platform of ONE Creative Environments and Brinson Staniland Partnership.
• Cushman & Wakefield (Louisville): Global commercial real estate services firm with a Louisville office providing brokerage and property management services that overlap with Cornerstone's brokerage arm, but operating at vastly greater scale.

Regional players

• Semonin Realtors (Berkshire Hathaway): Large regional real estate firm operating in Louisville and Southern Indiana, providing brokerage and property services overlapping with Cornerstone's CRE brokerage offerings.
• Hilliard Faris Commercial Real Estate: Louisville-based commercial real estate brokerage and property management firm serving the same Kentucky/Southern Indiana market as Cornerstone's brokerage arm.
• Robinson Hill Commercial Real Estate: Regional Kentucky-based commercial real estate firm focused on investment sales, brokerage, and management in the Louisville/Cincinnati corridor — comparable as a similar-sized competitor in the same geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Cornerstone Group