C. Herman Construction, LLC

What C. Herman Construction, LLC does

C. Herman Construction, LLC is a regional general contractor founded in 2017 by Chris Herman and headquartered in Charlotte, North Carolina. The company is structured as an employee-owned LLC via an Employee Stock Ownership Plan (ESOP) and operates from five offices across North Carolina (Charlotte, Raleigh/Cary, Wilmington) and South Carolina (Charleston, Greenville), with an active expansion into Florida indicated by dedicated regional leadership. C. Herman self-reports approximately $545M in annual revenue and is ranked as the #17 largest multifamily contractor nationally by the National Multifamily Housing Council (NMHC) in 2025.

The firm delivers preconstruction planning, general contracting, and construction management services across four core verticals: multi-family residential (market-rate apartments, townhomes, build-to-rent, and mixed-use), commercial construction (office, retail, speculative), interior upfits and tenant improvements, and historic rehabilitation/adaptive reuse. Additional specialized work spans affordable housing (LIHTC-funded) and active adult/senior living communities. C. Herman has completed 25+ projects totaling more than 5,000 units across market-rate, affordable, and senior segments, with project sizes ranging from small infill townhome developments (30–70 units) to large 376-unit garden-style communities.

The business model is project-based professional services, with revenue earned through fixed-price or cost-plus construction contracts awarded via direct field sales to real estate developers and property owners. The company reports a 100% repeat client rate and has built a substantial base of multi-project developer relationships (Mission Properties, Chaucer Creek Capital, Westplan Investors, Graycliff Capital, Boulevard Real Estate, NHE, Greystone, and others). Pricing is project-by-project with no standard tiers publicly disclosed. The technology stack is conventional for the trade: no proprietary platform, no AI/ML tooling, and no AI-native services disclosed. The company's market reach spans seven markets across the Carolinas with Florida expansion underway.

Name

C. Herman Construction, LLC

Legal name

C. Herman Construction, LLC

Website

https://chermanconstruction.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

C. Herman Construction is an employee-owned (ESOP) regional general contractor providing preconstruction, general contracting, and construction management services to real estate developers and property owners across the Carolinas and Florida, with concentrated focus on multifamily, commercial, interiors, and historic rehab projects.

Ownership category

akta.pro rank

Product category

Commercial and Multifamily Construction Services

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (2361), Commercial and Institutional Building Construction (23622)

SIC

General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential General Contracting (New Build) (IMAFAAAB), Office & Corporate Building Construction (IMAFACAA), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• General contracting services
• Multi-family construction
• Commercial construction
• Historic rehabilitation
• Construction management

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting: Managing day-to-day construction operations as general contractor, leading site operations, selecting vendors and subcontractors based on safety, quality, and financial stability track records, and balancing quality, safety, schedule, and budget from concept to completion.
2. Construction Management: Partnering with clients throughout all project phases, becoming fully ingrained from the beginning, facilitating and managing overall projects while collaborating with design teams to evaluate options impacting schedule, budget, or quality.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

C. Herman Construction provides general contracting, construction management, and preconstruction planning services to real estate developers and property owners. The company specializes in four markets: multi-family residential (apartments, townhomes, mixed-use), commercial, interior upfits, and historic rehabilitation, delivering projects on-time and on-budget across North Carolina and South Carolina.

Product overview

C. Herman Construction is a regional general contractor offering four core construction services: multi-family residential (apartments, townhomes, mixed-use), commercial (office, retail), interior upfits, and historic rehabilitation. The company operates across North Carolina and South Carolina markets with services including preconstruction planning, general contracting, and construction management. As an employee-owned company with approximately $545M in annual revenue, they have completed 25+ projects totaling over 5,000 units in recent years, serving market-rate, affordable housing, senior living, and build-to-rent segments.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 100% repeat client rate through dedicated partnership approach
• +2 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

20 partnerships are on record, tiered core and minor.

• Graycliff Capital PartnerscoreStrategic or Co-development PartnerKey repeat client with multiple completed projects including Anchor Pointe Apartments (204 units, Myrtle Beach), Encore at Westgate Townhomes (240 units, Leland), and The Halcyon (203 units, Charleston).
• Mission PropertiescoreStrategic or Co-development PartnerLong-term development partner with 10+ projects including Verde Vista II, Townes at McCullough, Giddy Hall, The Halcyon, and The Wagner Apartments. Multiple projects completed together over several years.
• Chaucer Creek CapitalcoreStrategic or Co-development PartnerRepeat client with multiple Wilmington market projects including The Reserve at Blake Farm (Phase 1 & 2), The Townes at Blake Farm, Midtown Junction, and Kannon at Wendell Falls.
• Westplan InvestorscoreStrategic or Co-development PartnerSix-project partnership including Accent Overlook (Charleston), Accent SouthRail (Charlotte), Accent Berkeley Place (Charlotte), Accent Brier Creek (Raleigh), and Accent Southrail Townhomes.
• Boulevard Real EstatecoreStrategic or Co-development PartnerDevelopment partner for 1800 Central Avenue (speculative office), 1120 S. Mint Street, 3605 S. Tryon sitework, and Carolina Foundry historic rehab. Also shares office space at headquarters.
• Fiduciary Real Estate DevelopmentminorStrategic or Co-development PartnerEchelon at Cary Apartments (185 units) and Echelon at Charlotte (232 units) - new client relationship.
• Delray VenturesminorStrategic or Co-development PartnerTwo projects: The Avery Apartments (187 units, Asheville) and Frazier at Mallard Creek (295 units, Charlotte).
• Crosland SoutheastminorStrategic or Co-development PartnerMaster developer partner for Solstice at Eastland Yards (274 units, Charlotte) and Camellia at One Nexton (351 units, Summerville, SC).
• Third Lake DevelopmentminorStrategic or Co-development PartnerArcadia at Waterway Hills (296 units, North Myrtle Beach) - first collaboration.
• Catalyst Capital PartnersminorStrategic or Co-development PartnerChorus Asheville (153 units, active adult) and Catalyst Biltmore Village (281 units, Asheville).
• NHE, Inc.minorStrategic or Co-development PartnerAffordable housing partner for Ovata at Reedy Creek (78 units, LIHTC project) and Woodlands N (57 units, senior affordable, Fort Mill).
• Zimmer Development CompanyminorStrategic or Co-development PartnerWilliam E. Murray Apartments (250 units, Charleston) - first partnership with C. Herman Construction.
• SunCap Property GroupminorStrategic or Co-development PartnerMarkley Square (277 units, mixed-use, Greenville, SC) - first partnership and entry into Greenville market.
• Integra Land CompanyminorStrategic or Co-development PartnerNuVo27 Apartments (335 units, Charlotte NoDa district) - urban infill development.
• GreystoneminorStrategic or Co-development PartnerVillages at Hayti (252 units, affordable housing, Durham) and New Bern Crossings (192 units, affordable housing, Raleigh).
• Mission PropertiescoreStrategic or Co-development PartnerRepeat client for Ridge Road Townhomes (198 units, Concord, NC) with Roland Architecture as architect.
• Estates & CompaniesminorStrategic or Co-development PartnerDevine & Heidt Apartments (55 units, Columbia, SC) - first project in Columbia market.
• Chaucer Creek CapitalcoreStrategic or Co-development PartnerKannon at Wendell Falls (376 units, Raleigh) - repeat client project with Planworx Architecture.
• ESOP (Employee Stock Ownership Plan)coreOthersEmployee-owned company structure through ESOP where all team members are employee-owners sharing in company success.
• S2KminorStrategic or Co-development PartnerSugar Creek Mixed-Use (350 units, Charlotte) - podium and deck wrap development with BB+M Architecture.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• New South Construction: Atlanta-based general contractor focused on multifamily, hospitality, and commercial projects across the Southeast. Comparable regional peer with similar customer base of real estate developers.
• Robins & Morton: Birmingham, AL-based general contractor with a strong multifamily, healthcare, and commercial book across the Southeast. Directly comparable regional peer serving similar developer clients in adjacent geographies.
• Brasfield & Gorrie: One of the largest privately held U.S. general contractors, headquartered in Birmingham, AL, with deep multifamily and commercial presence across the Southeast. Comparable for market focus and project types, though at significantly larger scale.
• Frampton Construction: Charleston, SC-headquartered general contractor specializing in multifamily, commercial, and industrial projects across the Carolinas and Southeast. Directly comparable in size, geography, and multifamily specialization.
• Choate Construction: Southeast-focused general contractor headquartered in Atlanta with strong multifamily and commercial portfolios across Georgia, the Carolinas, and Tennessee. Closest comparable in terms of regional Southeast focus and multifamily mix.

Broad incumbents

• Turner Construction: Largest domestic general contractor by revenue, with broad multifamily and commercial capabilities nationally. Competes for larger projects and serves national developer clients but does not focus exclusively on the Carolinas.
• Balfour Beatty: Major international contractor with significant U.S. operations including multifamily and commercial work across the Southeast. Larger and more diversified but competes for similar project types and developer clients.
• Gilbane Building Company: Family-owned national general contractor with multifamily, commercial, and interiors practices. Comparable in private ownership and employee-focused culture, though at much larger scale and broader geography.
• DPR Construction: National, employee-owned general contractor with multifamily, commercial, and interiors work across the U.S. Operates at much larger scale and broader geography but shares the ESOP structure and customer overlap.
• McCarthy Building Companies: Employee-owned national general contractor with multifamily, commercial, and institutional work across the U.S. Comparable in ownership structure (100% ESOP) and in multifamily and interiors capabilities, though at larger national scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/chermanconstruction
• LinkedInlinkedin.com/company/chermanconstruction
• Instagraminstagram.com/chermanconstruction

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 C. Herman Construction, LLC