M&R Holdings
M&R Holdings (M&R Development Group) is a Scarborough, Maine-based, privately held real estate firm providing investment, development, construction, and management services for mixed-use, residential, and commercial projects across Maine and New England, serving municipalities, land owners, and community partners.
- Company typePrivate
- Founded-
- HeadquartersScarborough, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What M&R Holdings does
M&R Holdings, operating under the brand M&R Development Group, is a privately held real estate firm based in Scarborough, Maine, that provides real estate investment, development, construction, and management services across Maine and New England. The company operates as a vertically integrated 'family of building solutions' that guides projects from early vision through long-term property management, encompassing mixed-use, residential, and commercial developments. With 80 employees and 15+ years of operating history, M&R has built 999K+ square feet and developed 1,000 acres across Maine, targeting community partners, municipalities, land owners, and property investors.
The company's service portfolio spans the full real estate lifecycle through core operations and affiliated subsidiaries: investment and development (M&R Development Group), construction (Michaud Risbara), property management (Maine Properties LLC), remodeling (Southern Maine Remodeling), and architecture/engineering (Dirigo AE). The go-to-market motion is relationship-driven and direct, with the company actively soliciting large-scale development opportunities across New England and engaging community partners for projects that balance smart growth, design excellence, and lasting community benefit. No proprietary technology platform, AI capabilities, or digital product offerings are disclosed; operations rely on conventional real estate development, construction, and property management practices. The ownership structure appears founder/operator controlled with no external institutional investors identified, and no revenue, funding, or backlog figures are publicly disclosed.
M&R Holdings firmographics
Firmographics- Name
- M&R Holdings
- Legal name
- M&R Development Group
- Website
- https://mrholdings.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- M&R Holdings (M&R Development Group) is a Scarborough, Maine-based, privately held real estate firm providing investment, development, construction, and management services for mixed-use, residential, and commercial projects across Maine and New England, serving municipalities, land owners, and community partners.
- Ownership category
- akta.pro rank
M&R Holdings industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Real Estate Property Managers (53131), Residential Remodelers (236118), Management of Companies and Enterprises (55111)
- SIC
- Operative Builders (1531), General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)
Keywords
Where M&R Holdings is headquartered
LocationHeadquarters
- HQ city
- Scarborough
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
M&R Holdings business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Others
Revenue model
- Real Estate Development: Development fees and property appreciation from mixed-use, residential, and commercial projects across Maine and New England. The company invests in land acquisition, entitlements, construction, and long-term property management.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
M&R Holdings product offering
Product offeringCore offering
M&R Holdings (operating as M&R Development Group) is a Maine-based real estate investment, development, construction, and management company serving Maine and the broader New England region. The firm delivers mixed-use, residential, and commercial projects from early vision through long-term asset management, leveraging affiliated brands for construction, property management, remodeling, and architecture/engineering services. With 80 employees, 999K+ SF built, and 1,000 acres developed over more than 15 years, the company actively seeks large-scale development opportunities in partnership with municipalities, land owners, and investors.
Product overview
M&R Development Group is a unified real estate platform offering investment, development, construction, and property management services as an integrated suite. The company operates as a family of building solutions comprising its core development operations plus affiliated companies including construction partner Michaud Riscobar, property management subsidiary Maine Properties LLC, remodeling services provider Southern Maine Remodeling, and architecture/engineering partner Dirigo. This multi-brand structure enables M&R to guide projects from early vision through long-term management while delivering mixed-use developments across Maine and New England.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Investment Investment services focused on acquiring and funding large-scale development opportunities across New England, targeting residential, commercial, and mixed-use projects. Intended for community partners, municipalities, land owners, and investors.
- Real Estate Development Development of mixed-use properties balancing smart growth, design excellence, and lasting community benefit across Maine and New England communities, delivered for municipalities, land owners, developers, and community organizations.
- Construction Construction services delivered through affiliated company Michaud Risbara (also referenced as Michaud Riscobar/Michaud Riscobra), building residential and commercial projects from early vision through completion for development partners across New England.
- Property Management Long-term property management services provided through wholly owned subsidiary Maine Properties LLC, maintaining and managing developed real estate assets for ongoing community benefit and asset performance.
- Home Remodeling and Renovation Home remodeling and renovation services delivered through affiliated company Southern Maine Remodeling, supporting renovation and improvement projects within the portfolio and serving southern Maine markets.
- Architecture and Engineering Services Architecture and engineering design services delivered through affiliated partner Dirigo AE (Dirigo Architecture & Engineering), supporting design and engineering needs across M&R's development and construction projects.
Quantifiable outcome
- 999K+ SF built and delivered
- +2 more outcomes
Companies that use M&R Holdings
Customer profileSegments2 records
Ideal customer profiles2 records
M&R Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
M&R Holdings partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor.
- Michaud RiscobraminorRelated entity within the M&R family of building solutions. Appears to be a sister company or affiliated construction/development entity operating under the M&R umbrella.
- Maine Properties LLCminorProperty management company within the M&R family of building solutions, providing long-term property management services for completed developments.
- Southern Maine RemodelingminorRemodeling services company within the M&R family of building solutions, supporting renovation and improvement projects within the portfolio.
- Dirigo (Dirigo AE)minorArchitecture/engineering firm featured in the M&R family of building solutions footer, suggesting an ongoing working relationship for design services on development projects.
Scale indicators5 records
Recent moves4 records
Expansion highlights3 records
M&R Holdings competitors and assessment
Company assessmentBroad incumbents
- The Howard Hughes Corporation: Master-planned community developer that owns and operates large-scale mixed-use developments. Comparable as a broader incumbent creating thoughtful mixed-use communities combining residential, commercial, and retail — similar value proposition to M&R but at much larger scale and with public-market capital.
- Tishman Speyer: Global real estate developer and investor with mixed-use and residential portfolios. Comparable in mixed-use development scope, though Tishman Speyer focuses on larger urban markets rather than regional Maine/New England opportunities.
- Lennar Corporation: One of the largest U.S. homebuilders with land development, construction, and related services. Comparable in residential development scope, though Lennar operates nationally and does not focus on the community-mixed-use thesis M&R pursues.
- Greystar Real Estate Partners: Largest U.S. apartment property manager and developer with integrated investment, development, and management capabilities. Directly comparable to M&R's vertically integrated model spanning development through property management, though Greystar operates nationally rather than regionally.
- Toll Brothers: One of the largest U.S. homebuilders and mixed-use developers with a national footprint. Comparable as a broad incumbent in residential and mixed-use development, though Toll operates at far greater scale and on a national rather than regional basis.
- Related Companies: National developer of large-scale mixed-use, affordable, and luxury residential projects. Comparable value proposition around mixed-use community development, though Related operates at significantly larger scale and on a national basis.
- Boston Properties: New England-headquartered REIT developing and managing Class A office, residential, and mixed-use properties. Direct geographic and product overlap with M&R's New England mixed-use focus, though at much larger scale and with a different asset-class mix.
Emerging players
- Five Point Holdings: Owner and developer of large master-planned mixed-use communities in California and Florida. Comparable as a developer of thoughtfully designed mixed-use communities, though geographically distant from M&R's New England base.
- AvalonBay Communities: Multifamily REIT with a strong New England portfolio developing, owning, and managing apartment communities. Comparable in developing and managing residential/mixed-use assets in the Northeast, though structured as a public REIT rather than a private operator.
- Equity Residential: Multifamily REIT with a meaningful New England apartment portfolio, involved in development and property management of urban residential assets. Comparable in residential development and management focus, with overlapping New England geographic exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
M&R Holdings social profiles
Digital presenceM&R Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
M&R Holdings leadership team
Management profileNumber of profiles
Profiles1 record
M&R Holdings subsidiaries and ownership
Company hierarchySubsidiaries4 records
M&R Holdings funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
M&R Holdings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about M&R Holdings
What does M&R Holdings do?
M&R Holdings (operating as M&R Development Group) is a Maine-based real estate investment, development, construction, and management company serving Maine and the broader New England region. The firm delivers mixed-use, residential, and commercial projects from early vision through long-term asset management, leveraging affiliated brands for construction, property management, remodeling, and architecture/engineering services. With 80 employees, 999K+ SF built, and 1,000 acres developed over more than 15 years, the company actively seeks large-scale development opportunities in partnership with municipalities, land owners, and investors.
Is M&R Holdings a public or private company?
M&R Holdings is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was M&R Holdings founded?
M&R Holdings was founded in -1. It employs 51 to 100 people.
Where is M&R Holdings based?
M&R Holdings is headquartered in Scarborough, United States, in the North America region.
How does M&R Holdings make money?
One revenue line is on record: real Estate Development.
Who are M&R Holdings's main competitors?
Broad incumbents on record are The Howard Hughes Corporation, Tishman Speyer, Lennar Corporation, Greystar Real Estate Partners, Toll Brothers, Related Companies and Boston Properties. Emerging players are Five Point Holdings, AvalonBay Communities and Equity Residential.
Does M&R Holdings have an API?
No public API is recorded for M&R Holdings.
What industry is M&R Holdings in?
M&R Holdings's product category is Real Estate Development. Its primary akta.pro industry code is BPAJANAF, Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships). Its NAICS code is 53131 and its SIC code is 1531.