What Adam Berger Development does

Adam Berger Development is a privately held, vertically integrated design, development, and construction firm based in Denver, Colorado, specializing in modular housing for the affordable and workforce segments. Founded in 2012 by Adam Berger, the firm operates with a lean team of 1-10 employees and delivers volumetric modular projects — factory-built housing units assembled on-site using a replicable systems-based design approach, including a five-over-one podium configuration. Its portfolio spans duplexes, townhomes, and multifamily developments serving income tiers from 50% to 120% of Area Median Income, with the flagship West Holden Place being a 77-unit, six-story LEED Gold-certified workforce housing project in Denver's Sun Valley neighborhood. The firm generates revenue through development services (fees for design, permitting, financing, and construction management), for-sale modular housing products (such as the Emporia Street Duplexes targeting 70-80% AMI buyers), and rental housing operations on mixed-income projects.

The firm's go-to-market is sales-led and B2B, targeting government agencies and municipalities (City and County of Denver, Colorado Department of Housing, Colorado Department of Local Affairs, Colorado P3 Collaboration Unit), nonprofit housing organizations (Elevation Community Land Trust), private investors, and third-party developers. Go-to-market leverage comes from long-standing relationships with state financing partners (CHFA), a manufacturing partnership with BonnaVilla/Chief Industries for factory production, and a construction partnership with Nashua Builders. Marketing is primarily earned media (Forbes, Denver Gazette, Denver Post, Urban Land Institute, CNBC) and industry award recognition, including a first-place 2026 Modular Building Institute Award of Distinction. The pipeline includes the Governor's Mansion P3 project plus Teller Street (53 units, groundbreaking Q1 2027) and South Cherokee (50 units, groundbreaking Q2 2027), indicating an expanding multifamily footprint within the Denver metro and broader Colorado Front Range.

Revenue mechanics are project-based and episodic: the firm captures development fees, construction margin, and, on select projects, ongoing rental income. Pricing is quote-based and not publicly disclosed; deal economics depend on AMI targeting, partnership structure, and project scope. Operating geographies are limited to Colorado (Denver metro area), and the firm has no disclosed institutional capital, no parent company, and no subsidiaries. Key risks include high customer concentration on public-sector counterparties, lumpy project-driven revenue recognition, a single-metro geographic footprint, founder-key-person dependence, and limited headcount for executing a rapidly growing pipeline.

Name

Adam Berger Development

Legal name

Adam Berger Development LLC

Website

https://adamberger.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Adam Berger Development is a Denver-based, vertically integrated modular housing design, development, and construction firm serving government agencies, nonprofits, and private developers in Colorado with affordable and workforce housing.

Ownership category

akta.pro rank

Product category

Modular Housing Development and Construction

NAICS

New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Modular housing construction
• Affordable housing development
• Workforce housing solutions
• Multifamily modular design
• Vertically integrated construction

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Development Services: Serving as trusted development partner to private, public and nonprofit sector partners, providing unmatched experience and modular housing knowledge. Manages all aspects from design to permitting, construction, financing and development.
2. Modular Housing Sales: For-sale modular housing products including duplexes, townhomes and multifamily units sold to buyers including middle-income families through affordable housing programs and market-rate sales.
3. Rental Housing Operations: Rental workforce and affordable housing units generating ongoing rental income. Projects include mixed-income developments serving 80%-120% AMI residents.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Adam Berger Development is a vertically integrated design, development, and construction firm specializing in modular housing for commercial and multifamily projects. The company offers turnkey services spanning design, permitting, financing, development, and construction, using a systems-based volumetric modular construction approach that delivers factory-built housing units assembled on-site, primarily serving affordable and workforce housing markets across Colorado.

Product overview

Adam Berger Development is a vertically integrated design, development, and construction firm specializing in modular housing. The company offers a portfolio of modular housing products including multifamily developments (West Holden Place, South Cherokee, Teller Street), duplexes (Emporia Street Duplexes), and townhomes (Josephine Townhomes), along with supporting services for design, permitting, development, financing, and construction. The company's systems-based approach reduces construction costs and allows for faster delivery through factory-built volumetric modular units assembled on-site.

Differentiator

Problem solved

Functional benefit

Products and services

• West Holden Place A six-story, 77-unit LEED Gold-certified modular multifamily workforce housing project in Denver's Sun Valley neighborhood, featuring deed restrictions on 40% of units at 80% Area Median Income. The largest modular multifamily development in Denver.
• South Cherokee A 50-unit modular multifamily attainable rental project targeting 80-120% AMI with groundbreaking planned for Q2 2027.
• Teller Street A 53-unit modular multifamily project with groundbreaking planned for Q1 2027 in Olde Town Arvada.
• Emporia Street Duplexes A 12-unit affordable for-sale modular duplex development targeting 70-80% AMI, completed in 2024 in Aurora, Colorado.
• Josephine Townhomes Modular townhome development with 5 units completed in 2023.
• Fillmore Street Affordable for-sale modular housing development targeting 50-70% AMI.
• Modular Design Services Design services for modular housing with thoughtful floorplans, quality finishes, modern aesthetics, LEED certifications, all-electric designs, and waste minimization through replicable design.
• Modular Development Services Trusted development partnership bringing modular housing knowledge to private, public, and nonprofit sector partners across various project scales.
• Modular Construction Services Volumetric modular construction translating into reduced costs, faster and more efficient construction, and reduced construction risk on the job site through factory-built units assembled on-site.
• Modular Permitting Services Expert navigation of State and Local permitting processes specific to modular construction to meet site-specific requirements and streamline approvals.
• Modular Financing Services Financing solutions in partnership with innovative lenders that understand modular construction to ensure smooth funding flows.

Quantifiable outcome

• 20-40% faster construction than conventional methods
• +4 more outcomes

Named customers4 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

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and major.

• City and County of DenvercoreStrategic or Co-development PartnerFunding partnership for West Holden Place workforce housing project in Denver's Sun Valley neighborhood. The City and County of Denver collaborated with Adam Berger Development along with CDOH and CHFA to finance the 77-unit modular development.
• Nashua BuilderscoreStrategic or Co-development PartnerConstruction partner for West Holden Place modular multifamily development. Nashua Builders collaborated on the project alongside other key partners including ProSet Set Services and Avodah Group.
• ProSet Set ServicesmajorStrategic or Co-development PartnerModule setting services provider for West Holden Place, responsible for installing 50 modules in just seven days as part of the six-story modular multifamily development.
• Avodah GroupmajorStrategic or Co-development PartnerDevelopment partner for West Holden Place modular multifamily project, collaborating with Adam Berger Development and other partners on the 77-unit workforce housing initiative.
• Colorado Department of Local AffairscoreStrategic or Co-development PartnerState agency partner supporting modular housing development in Colorado. Executive Director Maria De Cambra recognized Adam Berger Development as a leader in utilizing modular construction for affordable housing in the state.
• State of Colorado Public-Private Partnership (P3) Collaboration UnitcoreStrategic or Co-development PartnerStrategic partnership for developing forthcoming modular communities across the Denver metro area, including projects developed in partnership with Colorado's P3 unit such as Teller Place in Olde Town Arvada, Cherokee Place in Englewood, and a project across from the Governor's Mansion.
• BonnaVillacoreStrategic or Co-development PartnerPremier residential modular manufacturer established in Aurora, Nebraska. Partnership began in 2017 delivering modular duplex and townhome projects designed, engineered and constructed for the affordable, attainable housing market. Built Emporia Street Duplexes in factory-controlled environment.
• Elevation Community Land TrustcoreStrategic or Co-development PartnerColorado's largest affordable housing land trust. Partnership for for-sale modular affordable housing projects including Emporia Street Duplexes, serving residents at 70-80% AMI. ABD works with Elevation to provide much-needed affordable homeownership accessible to families.
• Chief IndustriesmajorStrategic or Co-development PartnerParent company of BonnaVilla, a private family-owned service-oriented manufacturer since 1954. Chief Industries established BonnaVilla in Aurora, Nebraska in 1970 to deliver residential and attached homes throughout the central and Rocky Mountain western states.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Dominium: Dominium is one of the largest US affordable multifamily developers and operators, delivering LIHTC and workforce housing across 30+ states. A scaled incumbent that overlaps with ABD's affordable multifamily thesis and public-partnership DNA.
• Habitat for Humanity: Habitat for Humanity is the largest US nonprofit affordable homebuilder, producing for-sale and rental housing for low-income households. A scaled, mission-driven incumbent that is comparable to ABD on affordable for-sale modular housing delivery and AMI-targeted homeownership.

Direct peers

• Factory_OS: Factory_OS is a technology-driven off-site multifamily modular housing manufacturer and developer focused on mid-rise apartment buildings. It is directly comparable to Adam Berger Development's vertically integrated design-develop-construct modular model serving affordable and workforce housing buyers.
• Mercy Housing: Mercy Housing is a national nonprofit developer of affordable, workforce and mixed-income housing. Comparable to ABD on partnership-driven delivery with Elevatio Community Land Trust-style nonprofit co-developers and on serving 70-120% AMI residents.
• Plant Prefab: Plant Prefab is a sustainable prefabricated home builder using factory-built modular systems for both single-family and multifamily projects. Comparable to ABD on modular construction methodology, LEED-grade sustainability focus, and developer-of-record delivery model.
• Brinshore Development: Brinshore is a mission-driven affordable housing developer partnering with municipalities and nonprofits to deliver mixed-income communities. Comparable to ABD on nonprofit and public-partnership go-to-market and on serving 60-120% AMI workforce residents.
• BRIDGE Housing: BRIDGE Housing is a California-based nonprofit affordable housing developer delivering mixed-income communities through public-private partnerships. Comparable on nonprofit/government co-development structure and on workforce and AMI-targeted multifamily output.
• Gorman & Company: Gorman & Company is a Wisconsin-based affordable and workforce housing developer with active modular and offsite construction programs. Highly comparable to ABD's affordable/workforce AMI-targeted model and integrated development-plus-financing approach.

Emerging players

• Boxabl: Boxabl develops factory-foldable mass-produced housing units targeting affordable housing and ADU applications. Comparable emerging modular player focused on compressing construction timelines, though ABD operates at larger multifamily scale with developer-led projects.
• Highridge Developers: Highridge Developers is an emerging modular-focused affordable housing developer with projects leveraging off-site construction. Closely comparable to ABD's modular-for-affordable-housing niche and replicable system approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/adam-berger-development-llc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Adam Berger Development