Lobisser Building Corp

What Lobisser Building Corp does

Lobisser Building Corp, operating under the collective brand Lobisser Companies, is a Massachusetts-based real estate development and construction firm founded in 1996 by Kevin Lobisser. The firm operates across five verticals: residential developments (single-family homes, condominiums, and subdivisions such as Village of Cooks Farm, Devlin Acres, The Preserve at Dean Pond, and Hopkinton Village); multifamily apartment communities — including 149 Main St (44 units, Upton), Landmark Place (38 units, 55+, Milford), with 150 Draper Ave (40 units, North Attleboro) under construction and 47 Main St (60 units, Upton) under development; commercial construction (medical facilities for UMass Memorial Health, banking centers for Milford Federal, self-storage for CubeSmart, retail); renewable energy (utility-scale solar farms in Hopedale at 1 MW and Norton at 1.5 MW); and large-scale industrial infrastructure (notably a 13-mile linear industrial park along the Grafton Upton rail line completed in 2013 after eight years of development).

The business model is vertically integrated: the company handles site planning, permitting, construction, and long-term ownership of most properties. Revenue is generated through five streams — one-time sales of developed residential lots and homes; recurring rental income from owned apartment communities and mixed-use retail plazas (Hopkinton Square, LF Prospect Plaza); commercial construction contracts; rental income from retail and medical tenants; and utility-scale solar energy production. Pricing is project-quoted and not publicly disclosed, consistent with a custom-build development operation. End customers include individual homebuyers and renters, regional healthcare systems (UMass Memorial Health, Milford Regional Medical Center), community banks (Milford Federal), and commercial tenants (CubeSmart).

The company is privately held and founder-owned, with no institutional investors, external funding rounds, or M&A activity disclosed in the available sources. Operations are concentrated in central and eastern Massachusetts across at least eight towns — Hopedale (headquarters), Upton, Milford, Franklin, Medway, Norton, Hopkinton, and North Attleboro. Headcount at the Hopedale office is reported at six, though the operating footprint extends substantially through subcontractors and project-based labor. Multiple active projects in 2024 indicate an ongoing development posture rather than an exit-mode maturity.

Name

Lobisser Building Corp

Legal name

Lobisser Building Corp

Website

https://lobisserbuildingcorp.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

Lobisser Building Corp (operating as Lobisser Companies) is a Massachusetts-based, founder-owned real estate developer and constructor. It develops, builds, and owns residential, multifamily, commercial medical, retail, industrial, and solar energy properties across central Massachusetts, serving homebuyers, renters, healthcare systems, banks, and commercial tenants.

Ownership category

akta.pro rank

Product category

Real Estate Development and Construction

NAICS

Management of Companies and Enterprises (55), Solar Electric Power Generation (221114)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Multifamily (Apartment) Property Management (BPAJAGAD), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Residential construction
• Commercial construction
• Real estate development
• Multifamily housing
• Renewable energy projects

Headquarters

HQ city

Hopedale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Development and Sales: Development and sale of single-family homes, condominiums, and residential lots. Revenue generated from property sales to homebuyers.
2. Multifamily Rental Income: Ownership and management of apartment communities generating recurring rental income from tenants. Includes 44-unit, 38-unit, and additional apartment communities.
3. Commercial Construction: Ground-up construction of commercial spaces including medical facilities, banks, retail centers, and industrial buildings for clients.
4. Solar Farm Energy Production: Ownership and operation of solar farms (1-megawatt Hopedale and 1.5-megawatt Norton) generating renewable energy for the grid. Combined capacity of approximately 2.5 megawatts.
5. Retail Plaza Ownership: Development and management of retail plazas with mixed-use spaces including medical offices, restaurants, and retail storefronts generating rental income.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Lobisser Companies is a Massachusetts-based full-service development and construction firm that plans, designs, permits, builds, owns, and operates real estate across residential, multifamily, commercial, medical, industrial, and renewable energy sectors. The company sells single-family homes, condominiums, and residential lots; develops and manages apartment communities and mixed-use retail plazas; and constructs purpose-built commercial facilities for healthcare systems, banks, and businesses, while also operating ground-mounted solar farms generating approximately 2.5 MW of renewable energy.

Product overview

Lobisser Companies is a full-service development and construction firm offering a diverse portfolio of real estate products across Massachusetts. The company operates across five main sectors: residential developments (single-family homes, condos, and neighborhoods), multifamily apartment communities (ranging from 38-60 units with various bedroom configurations), commercial properties (medical facilities, banks, retail, and industrial spaces), renewable energy (solar farms with approximately 4 megawatts of combined capacity), and mixed-use retail plazas. The company handles the full development lifecycle from site planning and permitting through construction and long-term property ownership.

Differentiator

Problem solved

Functional benefit

Products and services

• 149 Main St - Upton A 44-unit luxury rental community in Upton, MA featuring a mix of 1, 2, and 3 bedroom apartments with high-end finishes, flexible layouts with dens, and modern conveniences for residential renters.
• Landmark Place - Milford A 38-unit residential community for adults 55 and over located steps from downtown Milford, MA, created through redevelopment of a historic former school building and offering modern 1 and 2 bedroom apartments.
• 150 Draper Ave - North Attleboro A four-story, 40-unit apartment community under construction in North Attleboro, MA offering modern, spacious living for residential renters.
• 47 Main St - Upton A development project featuring 60 modern apartments in Upton, MA, currently under development for future lease to residential renters.
• The Preserve at Dean Pond A 14-lot residential subdivision in Upton, MA offering peaceful country living with convenient access to I-495 for individual homebuyers.
• Devlin Acres A residential subdivision in Norton, MA featuring thoughtfully designed duplex-style homes with spacious, modern floor plans and premium finishes for individual homebuyers.
• Village of Cooks Farm A 56 single-family home development set along a scenic golf course in a Planned Village Overlay District, within walking distance of town center.
• Hopkinton Village A single-family condominium community located in downtown Hopkinton offering walkable access to local restaurants, shops, and amenities for individual buyers.
• Hopedale Solar Farm A 1-megawatt ground-mounted solar farm in Hopedale, MA designed to provide clean, sustainable power and reduce carbon emissions.
• Norton Solar Farm A 1.5-megawatt ground-mounted solar farm in Norton, MA delivering sustainable power using advanced solar technology.
• Hopkinton Square A mixed-use development in Hopkinton, MA featuring retail storefronts, medical offices, banking services, grocery, and restaurants, leased to small and mid-sized businesses.
• LF Prospect Plaza A retail center in Milford, MA featuring restaurants, a laundromat, medical offices, and an ATM, leased to commercial tenants.
• UMass Memorial Health at Medway A 22,000-square-foot purpose-built medical facility in Medway, MA supporting adult and pediatric care, women's health, urgent care, laboratory services, and diagnostic imaging for UMass Memorial Health.
• UMass Memorial at Franklin A modern outpatient facility in Franklin, MA supporting diagnostic imaging, lab services, primary care, rheumatology, pediatrics, and urgent care for UMass Memorial Health.
• Milford Federal Bank A 3,800-square-foot state-of-the-art banking center in Milford, MA featuring modern open-concept design with meeting rooms and customer service areas for Milford Federal Bank.
• CubeSmart - Hopedale A self-storage facility in Hopedale, MA featuring a range of unit sizes, advanced security, and flexible access for residential and commercial customers of CubeSmart.

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bozzuto Group: Mid-Atlantic and Northeast multifamily developer, owner, and manager. Comparable mixed-use and luxury apartment operating model with a similar diversified development/ownership approach.
• CubeSmart: Public self-storage REIT. Lobisser built and owns a CubeSmart-branded facility in Hopedale, making CubeSmart a direct counterparty and the closest public proxy for valuing that asset.
• WinnCompanies: Boston-based multifamily developer, owner, and manager with a deep New England portfolio of market-rate and affordable apartments. Most directly comparable to Lobisser on multifamily ownership/management in the same Massachusetts geography.
• Beacon Communities: Boston-headquartered multifamily developer and manager focused on the Northeast. Comparable to Lobisser's apartment ownership and 55+ Landmark Place product line.

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. multifamily developer, operator, and investment manager with broad national reach. Comparable on the multifamily ownership/management side, though vastly larger and broader geographically.
• PulteGroup: National homebuilder with active 55+ and active-adult communities. Comparable to Lobisser's Landmark Place 55+ product and broader single-family development activity.
• NextEra Energy Resources: Largest U.S. renewable energy developer/operator with significant distributed solar and utility-scale PV portfolio. Comparable to Lobisser's owned-and-operated ~4 MW solar farm assets in New England.
• Lennar Corporation: One of the largest U.S. homebuilders with active multifamily and land development operations. Comparable product portfolio in residential and rental development, though at national scale.
• Toll Brothers: National luxury single-family homebuilder and multifamily developer. Comparable to Lobisser's residential development (single-family and condominium) business at much larger scale.

Regional players

• The Ronto Group: Florida-based residential and multifamily developer/owner. Comparable as a privately held, founder-controlled integrated developer of for-sale homes and rental apartments, though geographically distinct.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lobisser-building-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Lobisser Building Corp