Steward + Helm

What Steward + Helm does

Steward + Helm is a Dallas-based, privately held multifamily housing owner-operator founded in December 2019 by CEO Jon P. Venetos and Ashley Venetos (Head of Client & Partner Group). The company acquires, repositions, and operates underperforming apartment communities in path-of-growth markets across the southeastern United States and Texas, with a stated portfolio of approximately 30 owned-and-operated communities spanning Alabama, Arkansas, Florida, Louisiana, and Texas, and a headcount of more than 125 dedicated team members. Its stated focus is providing "comfortable, attainable homes for the workforce community," including an affordable-designated property (Villas del Tesoro in Dallas), with monthly rents across the portfolio ranging from approximately $999 to $2,374.

The core product is the network of owned apartment communities, marketed and operated through a Yardi/RentCafe-powered technology stack that provides per-property SEO microsites, online applications, resident portals, and payments, aggregated through the stewardandhelm.com portfolio site. The platform is vertically integrated through two affiliated operating companies — Integrated Renovations, which delivers in-house construction, project, and design management, and Forward Building Products, which sources, warehouses, and fulfills building materials directly from manufacturers. A resident-facing "Our Innovation" program layers smart-home features (keyless entry, programmable thermostats, virtual parking), high-speed internet, dedicated work-from-home spaces, and an online service/maintenance portal across the portfolio.

The business model is predominantly recurring multifamily rental income from monthly per-unit leases, supplemented by an investment-management revenue stream in which Steward + Helm invests sponsor and key-executive equity (more than 25% of total equity capital) alongside third-party capital sourced through the Partner & Client Group ([email protected], hosted by Lurin). Go-to-market is direct-to-consumer for residents (portfolio website, per-property microsites, organic social, and on-site leasing teams) and relationship/event-driven for outside investors. The affiliated Integrated Renovations and Forward Building Products entities primarily support internal renovations but carry potential third-party supply-chain revenue. The company was recognized by Multifamily Leadership as one of the Best Places to Work in Multifamily® for 2023.

Name

Steward + Helm

Legal name

Steward + Helm

Website

https://stewardandhelm.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Steward + Helm is a Dallas-based, privately held multifamily owner-operator that acquires, repositions, and manages approximately 30 apartment communities across the southeastern US and Texas, serving workforce and affordable renters through a vertically integrated platform with in-house construction and supply-chain capabilities.

Ownership category

akta.pro rank

Product category

Multifamily Housing

NAICS

Lessors of Residential Buildings and Dwellings (531110)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Relocation & Corporate Housing Brokerage (BPAJAAAG)

akta.pro secondary industries

Corporate / Executive Housing Management (BPAJAFAK), Corporate & Executive Short-Term Housing Management (BPAJAIAH), Corporate Housing Property Management (Owner-Managed / Third-Party) (THAMAHAJ), Corporate Housing Providers & Operators (Direct Lease / Master Lease) (THAMAHAI)

Keywords

• Multifamily property management
• Apartment rental housing
• Value-add real estate
• Workforce housing operations
• Property renovation services

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Multifamily Rental Income: Primary revenue derived from monthly apartment rental contracts across ~30 owned and operated communities in Texas, Florida, Arkansas, Louisiana, and Alabama. Units include affordable (e.g., Villas del Tesoro), workforce, and market-rate product with rents ranging roughly $999–$2,374 across the portfolio.
2. Investment Management for Third-Party Capital: Steward + Helm operates a vertically integrated platform that invests sponsor and key-executive equity (more than 25% of total equity capital) and solicits additional outside capital from investors via a Partner & Client Group ([email protected]), generating management/fee and investment returns on underperforming multifamily repositionings.
3. Affiliated Construction and Supply-Chain Services: Two affiliated companies, Integrated Renovations (in-house construction, project, and design management) and Forward Building Products (sourcing, warehousing, and fulfillment of building materials direct from manufacturers), support internal property upgrades and create potential third-party supply-chain revenue.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Steward + Helm acquires, repositions, owns, and operates underperforming multifamily apartment communities in path-of-progress southeastern U.S. and Texas markets, delivering renovated "workforce" rental housing with smart-home features and amenities. The company runs a vertically integrated platform that includes in-house construction management (Integrated Renovations) and direct-from-manufacturer supply-chain sourcing (Forward Building Products), and solicits outside equity capital alongside sponsor and key-executive capital for property acquisitions.

Product overview

Steward + Helm operates a vertically integrated multifamily housing platform consisting of (1) a portfolio of nearly 30 owned-and-operated apartment communities across Alabama, Arkansas, Florida, Louisiana, and Texas (acquired since December 2019), (2) a centralized investment management platform that covers due diligence, risk and asset management, capital financing, redevelopment, operations, and supply chain, and (3) two affiliated operating companies — Integrated Renovations (in-house construction management, project management, and design) and Forward Building Products (supply chain solutions that source, warehouse, and fulfill building materials directly from manufacturers). The resident-facing product is the RentCafe-powered Steward + Helm apartment community network (the named apartment communities listed below), supported by an innovation layer that delivers home technology (keyless entry, key fob amenity access, virtual parking stickers, programmable smart thermostats, online service/maintenance portals), work-life connectivity (high-speed internet, Wi-Fi, business centers, meeting spaces), purposeful renovations (fitness centers, pools, pet-friendly environments, indoor/outdoor relaxation areas), and a "White Glove Service for Workforce Housing" resident experience program. Together, the platform combines property acquisition, the Integrated Renovations construction arm, the Forward Building Products supply chain arm, and the named community properties into a single owner-operator offering for working households.

Differentiator

Problem solved

Functional benefit

Products and services

• 46Eleven
• Estates at Palm Bay
• Fitzroy Grove
• Latitude 2976
• The Ascend at Pensacola Bay
• The Lorient
• The Overlook at Pensacola Bay
• The Palmiere
• The Papillon
• Valley Estates
• Villas del Tesoro
• Westover on 80
• Integrated Renovations
• Forward Building Products

Quantifiable outcome

• ~30 apartment communities owned and operated across five states
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Integrated RenovationscoreStrategic or Co-development PartnerAffiliated Steward + Helm company that delivers in-house construction management, project management, and design capabilities to upgrade distressed properties. Operates as part of Steward + Helm's vertically integrated platform to improve quality and reduce costs, delays, and inefficiencies during community repositioning.
• Forward Building ProductscoreStrategic or Co-development PartnerAffiliated Steward + Helm company that provides supply-chain solutions by sourcing, warehousing, and fulfilling high-quality building materials and supplies directly from manufacturers. Works alongside Integrated Renovations to support property upgrades across the Steward + Helm portfolio.
• Yardi Systems / RentCafecoreTechnology or IntegrationSteward + Helm's portfolio site and all individual property sites are powered by the RentCafe platform owned and operated by Yardi Systems, Inc. Yardi provides the technology layer for property marketing, listings, applications, resident portals, and payment services referenced throughout the Terms of Service.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Dominium: One of the largest US developers and managers of affordable and workforce apartment housing, with vertically integrated development, construction, and property management — direct overlap with Steward + Helm's affordable/workforce thesis.
• Bridge Investment Group: Vertically integrated real estate investment manager with a deep value-add multifamily strategy in workforce and affordable housing, similar vertically integrated operating model and LP capital structure.
• Harbor Group International: Private real estate investment and management firm with a substantial multifamily value-add portfolio across the Sun Belt and Southeast, comparable vertically integrated acquisition-to-operation platform.
• The NRP Group: Vertically integrated developer, builder, and manager of affordable and workforce multifamily housing with strong Sun Belt presence — comparable product mix, vertical integration, and resident segment.
• Asset Living: Large third-party multifamily property manager and operator with a sizable Sun Belt workforce/market-rate book — comparable operating platform scale and resident base to Steward + Helm's vertically integrated owner-operator model.
• RangeWater Real Estate: Sun Belt-focused multifamily developer, acquirer, and manager building a vertically integrated platform across the Southeast and Texas — closely comparable business model, geography, and acquisition cadence to Steward + Helm.
• American Landmark Apartments: Privately held multifamily owner-operator focused on value-add workforce and market-rate apartment communities across the Sun Belt, with vertically integrated renovation capabilities — directly comparable to Steward + Helm's positioning, geography, and workforce thesis.
• Pretium Partners: Vertically integrated single-family and multifamily rental investment manager with strong Sun Belt exposure and a focus on workforce/working-class renters — comparable vertically integrated operating platform and Sun Belt investment thesis.

Broad incumbents

• Invitation Homes: Largest US single-family rental REIT with Sun Belt concentration; broader incumbent because of shared workforce/Sun Belt tenant base and institutional rental operating platform, though product type (single-family) differs from Steward + Helm's multifamily focus.
• Camden Property Trust: Publicly traded REIT owning ~170 multifamily communities concentrated in the Sun Belt; broader incumbent peer given Sun Belt multifamily overlap, though as a public market-rate operator rather than a workforce-focused private owner-operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/StewardAndHelm
• LinkedInlinkedin.com/company/steward-and-helm
• Instagraminstagram.com/stewardandhelm

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 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 Steward + Helm