Hovde Properties

About Hovde Properties

Hovde Properties is a real estate operator headquartered in Madison, WI. Hovde Properties operates in Madison, Wisconsin and Milwaukee, Wisconsin. Its investment focus is on Historic Tax Credits, Multifamily - Core and Multifamily - Ground-up.

Hovde Properties is a family-owned real estate investment, development, and property management enterprise headquartered in Madison, Wisconsin. Founded in 1933 by Ingvald “Inky” Hovde, the firm brings 93 years of continuous operation to the Midwestern real estate sector, guided by third- and fourth-generation leadership—including Steve Hovde and CEO Eric Hovde—and supported by a team of 11 to 50 professionals across regional offices in Milwaukee and Janesville. The enterprise specializes in land planning, site acquisition, ground-up development, urban infill, and full-service property management. Its portfolio strategy balances multi-family residential communities and commercial office properties, having historically developed over 3,000 acres of mixed residential and commercial land across Madison’s east side during the 1990s before shifting toward high-density urban infill and mixed-use projects. Operating throughout key Wisconsin submarkets, the organization maintains a strong regional asset footprint. Signature assets include the historic 87,730-square-foot Hovde Building in downtown Madison, alongside recent Class A residential projects such as Breakwater 233 in Racine and The Idylwood Residences in Janesville.

Principals at Hovde Properties

Recent activity at Hovde Properties

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Hovde Properties's project portfolio

5 projects on file · Residential (general) (4), Commercial (general) (1)

Markets and themes

Markets Hovde Properties operates in

• Madison, Wisconsin
• Milwaukee, Wisconsin

Investment themes at Hovde Properties

• Historic Tax Credits
• Multifamily - Core
• Multifamily - Ground-up
• Multifamily - Value-Add
• Standalone Retail
• Urban Office
• Workforce Housing

Capabilities

• Asset Management
• Construction Management
• Economic Development
• Mixed Use
• Site Development
• Transit-oriented development
• Urban infill

Operators similar to Hovde Properties

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• Hempel Companies
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• Brinshore Development
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• Republic Family of Companies
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• Saunders Construction
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• Monument Realty
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• Prado Group
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Frequently asked questions about Hovde Properties

What does Hovde Properties do?

Hovde Properties is a family-owned real estate investment, development, and property management enterprise headquartered in Madison, Wisconsin.

Where is Hovde Properties based?

Hovde Properties is headquartered in Madison, WI.

What markets does Hovde Properties operate in?

Hovde Properties is active in Madison, Wisconsin and Milwaukee, Wisconsin.

How many employees does Hovde Properties have?

Hovde Properties has 11–50 employees.