Black Bear Real Estate & Development

What Black Bear Real Estate & Development does

Black Bear Real Estate & Development is a privately held, founder-led boutique real estate brokerage and property development firm headquartered at 132 W Emma Ave, Ste 201, Springdale, Arkansas. The company traces its roots to 2014, when founder Payton Parker created Black Bear Holdings to acquire and rehabilitate legacy buildings in Downtown Springdale, and was formally established as Black Bear Real Estate & Development in 2020 following Parker's receipt of a real estate broker's license. The firm operates across four Northwest Arkansas counties (Benton, Washington, Madison, and Crawford), serving individual home buyers and sellers, real estate investors and developers, and local business owners.

The firm generates revenue through transaction-fee commissions on residential, multi-family, farm, raw land, and commercial real estate deals, alongside rental and event-venue income from an owned portfolio that includes Mano's on Emma (a small event venue), two Lakefront Airbnbs in Rogers, a triplex, retail space, and additional commercial and mixed-use assets. Ancillary activities include property rehabilitation, lease placement (e.g., Access Point Movement Space at 512 Success Ave), and direct partnership with muralists and arts organizations on building activations.

The go-to-market is sales-led and relationship-driven, with founder-led client engagement and community positioning reinforced by a weekly newsletter, 'The Bear Necessities,' distributed every Friday at 6:15 AM and covering local development, policy, public art, and events. The firm operates on a Squarespace-hosted website, maintains organic social media, and benefits from Parker's role on the Springdale Planning Commission. Revenue, pricing, and unit economics are not publicly disclosed; the business is structurally low-tech with no proprietary platform, app, API, or AI component identified.

Name

Black Bear Real Estate & Development

Legal name

Black Bear Real Estate & Development

Website

https://blackbearnwa.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Black Bear Real Estate & Development is a boutique, founder-led real estate brokerage and property developer based in Springdale, Arkansas, serving buyers, sellers, investors, and local businesses across four Northwest Arkansas counties with brokerage, development, event-venue, and short-term rental services.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (5312), Real Estate Property Managers (53131)

SIC

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

akta.pro primary industry

Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

akta.pro secondary industries

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

Keywords

• Residential real estate brokerage
• Commercial real estate brokerage
• Property development services
• Event venue operations
• Short-term rental management

Headquarters

HQ city

Springdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Real Estate Brokerage & Development: Revenue generated through real estate commissions on buying and selling properties, property management, and development projects. Services span residential, multi-family, commercial, farm, raw land transactions across Benton, Washington, Madison, and Crawford Counties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Black Bear Real Estate & Development brokers residential, multi-family, farm, raw land, and commercial real estate transactions across Benton, Washington, Madison, and Crawford Counties in Northwest Arkansas. The firm also develops and rehabilitates properties in Downtown Springdale, manages an owned portfolio that includes commercial buildings, the Mano's on Emma small event venue, and lakefront Airbnb short-term rentals in Rogers.

Product overview

Black Bear Real Estate & Development is a real estate brokerage and development company serving Northwest Arkansas (Springdale area). The company operates as a unified offering combining real estate listings (residential and commercial properties for sale), a managed property portfolio (commercial and residential properties including event venues, retail spaces, and short-term rentals), sold/leased transaction representation across multiple counties, and real estate development services. The company also publishes 'The Bear Necessities,' a weekly community newsletter. All offerings are integrated under the single brand without separate product tiers or modules.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential and Commercial Real Estate Brokerage

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• Access Point Movement SpaceminorStrategic or Co-development Partner · 1 January 2025Movement studio tenant in Black Bear's building at 512 Success Ave in Springdale. The partnership represents successful tenant acquisition at a property that Black Bear had held since 2015 with a vision for adding a cool tenant and mural.
• Loretoh Art (Chilean-born artist)minorStrategic or Co-development Partner · 1 January 2025Chilean-born, New Jersey-based mural artist who created a mural at Black Bear's Success Ave building. Loretoh was in Springdale helping install a separate mural at the new Walmart campus.
• Arts One PresentsminorStrategic or Co-development Partner · 1 January 2025Organization that facilitated connection with mural artist Loretoh for the Success Ave building mural project.
• El Cekis (Harlem-based artist)minorStrategic or Co-development Partner · 1 January 2025Chilean-born, Harlem-based artist who worked alongside Loretoh on a mural project at the new Walmart campus. Associated through the same artist community.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• eXp Realty: Cloud-based brokerage with a low-overhead agent model that has expanded into Northwest Arkansas. Comparable to Black Bear as a residential brokerage leveraging technology, but competes via a fundamentally different cost structure.
• Compass: Tech-enabled residential brokerage expanding into secondary markets. Comparable to Black Bear as a brokerage serving similar high-end and residential clients, but with a national technology platform and agent base.

Broad incumbents

• Keller Williams Realty: Largest real estate franchise by agent count in the US with operating offices in Northwest Arkansas. Competes with Black Bear for the same local buyer and seller pool with far greater agent headcount and brand recognition.
• Century 21 Real Estate: Global real estate franchise with offices in Arkansas. Comparable to Black Bear as a residential brokerage competing for the same NWA buyer and seller base.
• RE/MAX: Global real estate franchise with multiple offices in the Northwest Arkansas region. Comparable to Black Bear as a full-service brokerage competing for the same residential and commercial transactions.
• Better Homes and Gardens Real Estate: National real estate franchise with affiliated agents in Arkansas. Comparable to Black Bear as a residential brokerage serving similar buyer and seller segments in the same regional market.
• Coldwell Banker: Established national brokerage brand with affiliated agents in Northwest Arkansas. Comparable to Black Bear as a residential and commercial brokerage serving the same regional market.
• Berkshire Hathaway HomeServices: National brokerage franchise with affiliated agents in Northwest Arkansas. Comparable to Black Bear as a residential brokerage serving similar client segments, but with significantly broader geographic reach and brand recognition.

Direct peers

• Crye-Leike Real Estate Services: Regional brokerage with strong presence in the South and Midwest, including Arkansas. Comparable to Black Bear as a multi-state residential and commercial brokerage serving similar buyer and seller segments.
• Lindsey & Associates: One of the largest independent residential brokerages in Northwest Arkansas, headquartered in the region. Directly comparable to Black Bear as a local real estate firm serving the same four-county NWA market with brokerage and development activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/black-bear-holdings-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 Black Bear Real Estate & Development