What Landex does

Landex is a privately held Chicago-based real estate development platform that connects real estate investors with a vetted network of independent builders for urban residential construction. Operating as Landex LLC from 77 W Washington, Suite 1115, the company centralizes three service modules: site acquisition of premium development sites, construction management for ground-up developments, and a trusted builder network that matches investors with pre-qualified construction partners. The platform exposes a public property inventory of 71 parcels spanning roughly ten Chicago neighborhoods (including Bridgeport, Bronzeville, Washington Park, Woodlawn, and Lincoln Park) plus Markham, IL, with each parcel annotated by zoning, lot dimensions, and availability status. The company is led by co-founders David M. Fleishman, John D. Cummins, Jr., and Ross Holdren, with Fleishman bringing ground-level market insight and Holdren providing a vision for tech-enabled solutions, though no proprietary technology stack, algorithms, or AI capabilities are disclosed.

The business operates on two primary revenue streams: development management services, where Landex sources land, coordinates financing, and oversees construction for investor-owned projects on a project or separately managed account basis, and transaction-based land sales, where the company facilitates land transfers between sellers and developers/investors. The go-to-market is sales-led and direct, with the website serving as the primary acquisition channel for both builders (invited to "Become a Partner") and investors (invited to "Build a Portfolio Today"). Three named builder partners are publicly displayed on the website: Jack Properties, Fargo Group, and Silver Lining Homes. Pricing is not publicly disclosed and is likely negotiated on a per-project or per-transaction basis. The company is founder-owned, reports fewer than 10 employees, and has no disclosed institutional funding, with operations confined to the Chicago metropolitan area and adjacent Midwest submarkets.

Name

Landex

Legal name

Landex LLC

Website

https://landexllc.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Landex is a Chicago-based real estate development platform that connects real estate investors with a vetted network of independent builders, providing site acquisition, construction management, and land inventory across 71 Chicago-area parcels for urban residential development projects.

Ownership category

akta.pro rank

Product category

Real Estate Development Services

NAICS

Real Estate Property Managers (53131), Land Subdivision (23721)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

akta.pro secondary industries

Land & Development Site Brokerage (BPAJABAG), Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

Keywords

• Real estate development
• Site acquisition
• Construction management
• Builder network
• Urban housing

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Development Management Services: Landex manages the entire development process for investors including land acquisition, builder selection, and project management. Revenue is generated through fees associated with sourcing land, planning, and contractor management for residential development projects.
2. Transaction-Based Land Sales: The company facilitates land transactions through its property inventory platform, connecting sellers of land with developers and investors. This creates a marketplace-style transaction revenue stream.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

Landex connects real estate investors with independent builders to develop urban residential housing in the Chicago metropolitan area, providing site acquisition, construction management, and access to a vetted builder network. The company maintains a ready-to-build land inventory of 71 parcels across Chicago neighborhoods and handles back-office operations, financing coordination, and owner relationships on behalf of builders. Investors receive separately managed accounts and real-time project oversight through the development process.

Product overview

Landex is a unified platform bridging Real Estate Investors with Builders to expand urban housing supply. The platform operates through interconnected service modules: Site Acquisition provides premium development sites with ready-to-build inventory; Construction Management offers expert representation and oversight for ground-up developments; the Trusted Builder Network connects investors with vetted independent builders. For builders, the platform provides Ready-to-Build Projects with pre-secured financing and land, Streamlined Administration handling back-office operations, and Growth Opportunities through property owner network access. For investors, Separately Managed Account enables direct real estate ownership with Landex managing the development process, Governance & Transparency provides real-time project oversight, and Certified Building Prototypes offer proven development templates. The Land Inventory module serves as the core property listing displaying available, pending, sold, and off-market parcels across Chicago neighborhoods.

Differentiator

Problem solved

Functional benefit

Products and services

• Landex Platform A unified platform bridging real estate investors with builders to expand urban housing supply, providing land inventory management, builder matching, and project oversight for urban residential development.
• Site Acquisition Service providing access to premium development sites with a ready-to-build inventory, leveraging 30+ years of experience in securing land for residential development.
• Construction Management Expert representation and construction management services for ground-up residential developments, handling the entire development process from planning through completion.
• Trusted Builder Network A vetted network of independent builders with a proven track record of quality projects, providing investors and property owners access to pre-screened construction partners for residential developments.
• Land Inventory A property listing platform showing 71 properties across Chicago area neighborhoods (Bridgeport, Bronzeville, East Douglas, Humboldt Park, Jeffery Manor/Cal Heights, Lincoln Park, North Kenwood, Washington Park, West Side, Woodlawn, and Markham) with zoning, lot dimensions, and availability status.

Named customers3 records

Segments2 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Jack PropertiescoreStrategic or Co-development PartnerJack Properties is listed as a building partner in Landex's trusted builder network. As a vetted independent builder with a proven track record of quality projects, Jack Properties represents the type of construction partner that Landex connects with real estate investors for residential development projects.
• Fargo GroupcoreStrategic or Co-development PartnerFargo Group is featured as a building partner in Landex's vetted builder network. The partnership enables Fargo Group to access Landex's land inventory and investor relationships while providing Landex investors with access to Fargo Group's construction capabilities.
• Silver Lining HomescoreStrategic or Co-development PartnerSilver Lining Homes (Silver Lining) is listed among Landex's building partners. As part of the trusted builder network, Silver Lining Homes benefits from Landex's land sourcing, financing coordination, and administrative support while contributing construction expertise to Landex-managed developments.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Spruce: Operates a real estate transaction platform aimed at simplifying property transactions for investors and builders, with services spanning title, scheduling, and home services — comparable to Landex's role as a transaction enabler for small builders.
• New Western: A two-sided marketplace connecting real estate investors with development opportunities and vetted builders, with a similar land-and-builder matching model to Landex, though operating at a larger national scale.
• Belrose: A small-scale residential developer and platform similar to Landex in connecting investors with ground-up development opportunities, with comparable bundling of land sourcing, construction management, and investor reporting.

Broad incumbents

• Roofstock: A larger online marketplace for single-family rental investment, providing investors with end-to-end property acquisition, management, and disposition. Comparable to Landex's investor-facing separately managed account model, though focused on existing SFR rather than ground-up development.
• Greystar Real Estate Partners: A global leader in rental housing property management, development, and investment. Comparable to Landex's investor separately managed account model for residential assets, though at substantially larger scale and institutional orientation.
• Fundrise: A real estate crowdfunding platform that pools investor capital for development and investment projects. Comparable to Landex's separately managed account model for investors, though at significantly larger scale and broader geography.

Emerging players

• Ribbon: A tech-enabled real estate platform that helps buyers make stronger cash offers and provides all-cash offers to sellers. Adjacent to Landex in addressing friction for residential real estate transactions, though focused on the existing-home market rather than new construction.
• Crowdstreet: An online commercial real estate investment platform that connects developers with investor capital, similar in spirit to Landex's investor marketplace approach, though focused on commercial rather than residential infill.
• Dealpath: A deal management platform for real estate investors and developers, offering pipeline tracking and collaboration tools. Comparable to Landex's investor reporting and project oversight capabilities on the technology layer.

Regional players

• Mynd Management: A residential property management and investment platform operating across multiple U.S. metros. Comparable to Landex's full-service approach bundling investor oversight with on-the-ground execution, though focused on existing rental rather than ground-up development.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/landex-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Landex