What MRG Development does

MRG Development is a private, for-profit real estate developer that builds residential and resort condominium communities with on-site amenities and offers rental-focused ownership structures for buyers. The company's primary identified project is Kimberling Crossing, a Table Rock Lake condominium community accessed via the URL kimberlingcrossing.com/table-rock-lake-condos, indicating a focus on lake-front resort second-home inventory in the U.S. Midwest/South region.

The business model is that of a small-scale residential developer: the company presumably acquires land, entitles and constructs condominium units within a master-planned community, sells individual units to buyers (likely second-home owners and short-term-rental investors), and supports owners with on-site amenities and a rental management structure that enables income generation when the unit is unoccupied. No information is available in the source material on unit counts, pricing, absorption rates, project pipeline, capital structure, or operational scale. The company website at the time of source capture returned only a verification/loading redirect page with no substantive project or company content, which materially limits any deeper technical, financial, or go-to-market characterization.

All other firmographic fields — headcount, office locations, customer logos, technology stack, partnerships, awards, funding history, ownership, and leadership — are empty or unpopulated in the source data. Consequently, the description above reflects only what can be grounded in the firmographic short_description and the single verifiable project URL; any further claims about scale, market position, or strategy would be unsupported.

Name

MRG Development

Website

https://kimberlingcrossing.com

Company type

Private

Operating status

Operating

Short description

MRG Development is a private real estate developer that builds residential and resort condominium communities with amenities and rental-focused ownership options, including the Kimberling Crossing project at Table Rock Lake.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (2372), Residential Building Construction (23611)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Residential General Contracting (New Build) (IMAFAAAB), Condominium Association Management (BPAJAHAA)

Keywords

• Residential real estate development
• Condominium development
• Vacation resort properties
• Rental property ownership
• Resort community amenities

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel

Core offering

MRG Development develops residential and resort condominium communities that include amenities and offer rental-focused ownership options. The company builds and sells condominium units in resort-style settings, enabling owners to use the properties themselves and to generate rental income when not in personal use.

Differentiator

Problem solved

Functional benefit

Products and services

• Kimberling Crossing Condominiums at Table Rock Lake

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Broad incumbents

• PulteGroup: Top-tier U.S. for-sale residential builder serving move-up, active-adult, and second-home buyer segments. Comparable at the for-sale residential development model level, with MRG operating at a much smaller and more resort-focused scale.
• Beazer Homes: Mid-cap U.S. for-sale homebuilder developing single-family and townhome communities. Comparable new-construction residential developer business model to MRG's residential line, though Beazer does not focus on resort-condo product.
• Taylor Morrison: National for-sale homebuilder with a meaningful resort, second-home, and master-planned community segment. Comparable business model (new residential for-sale development) and overlapping buyer demographics with MRG's residential component.
• Bluegreen Vacations: Operates a portfolio of resort condominium and vacation ownership communities, including in lake and drive-to leisure markets. Directly comparable product (resort condo, amenities, rental-enabled ownership) and overlapping resort/lake customer base with MRG.
• D.R. Horton: Largest U.S. residential homebuilder with active for-sale single-family and townhome communities, including in lake and resort-adjacent submarkets. Comparable as a developer of new residential for-sale inventory, though at far greater scale and without MRG's resort-condo focus.
• M/I Homes: Public U.S. for-sale homebuilder with communities across multiple regions. Comparable for-sale residential developer comparable to MRG's residential component, though without the resort-condo or rental-ownership orientation.
• Marriott Vacations Worldwide: Develops and manages resort condominium-style vacation ownership products with on-site amenities and rental programs. Same end-customer use case as MRG (resort condo with rental support), but at much larger scale and with exchange network advantages.
• Hilton Grand Vacations: Large, publicly traded developer and operator of resort condominium and timeshare communities across the U.S. Most comparable at the product/category level (resort condo with amenities and rental/usage programs); broader scale and brand than MRG.
• LGI Homes: High-volume entry-level for-sale homebuilder active across many U.S. metros. Overlaps with MRG in the new residential for-sale construction category, though with a very different buyer profile (primary residence, value-oriented).

Emerging players

• Vacasa: Vacation rental management and marketing platform for second-home and resort properties. Comparable at the rental-program layer of MRG's offering (turnkey rental-focused ownership), though Vacasa does not develop the underlying condo communities.

Market position

Strengths4 records

Weaknesses4 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 MRG Development