
Neutral
11–50 employees 6 principals
Last updated
About Neutral
Neutral is a real estate operator. Neutral operates in Bentonville-Rogers-Fayetteville, Arkansas (Northwest Arkansas), Madison, Wisconsin and Milwaukee, Wisconsin. Its investment focus is on Multifamily - Ground-up.
Neutral is a real estate development company founded in 2020 and headquartered in Madison, with an additional office in San Jose. The company operates as a vertically integrated developer, managing development, design, construction, technology, and sustainability initiatives in-house. Neutral employs approximately 11–50 people and focuses on creating multifamily housing that emphasizes resident health, wellness, and environmental performance. The firm specializes in ground-up multifamily and mixed-use development, with a strong emphasis on mass timber construction, sustainable building materials, and high-performance certifications. Its portfolio includes projects such as Bakers’ Place in Madison, 517 W Main Street in Madison, and the 353-unit Edison tower in Milwaukee, which received $133.3 million in construction financing and is expected to become one of the tallest mass timber residential buildings in the United States.
Principals at Neutral
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6 principals on file
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Recent activity at Neutral
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Neutral's project portfolio
3 projects on file · Multifamily (2), Mixed-Use (1)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets Neutral operates in
- Bentonville-Rogers-Fayetteville, Arkansas (Northwest Arkansas)
- Madison, Wisconsin
- Milwaukee, Wisconsin
Investment themes at Neutral
Capabilities
- Data-driven
- Sustainability
- Technology-forward
Operators similar to Neutral
- Forward Development GroupMid-market tierMilwaukee, WisconsinMadison, WisconsinMultifamily - Ground-up
- Bender CompaniesMid-market tierMilwaukee, WisconsinMadison, Wisconsin
- Three Leaf PartnersMid-market tierMilwaukee, WisconsinMultifamily - Ground-up
- Kensington Development Group, Inc.Mid-market tierMilwaukee, WisconsinMultifamily - Ground-up
- Wingspan Development GroupMid-market tierMilwaukee, WisconsinMultifamily - Ground-up
- Vermilion DevelopmentMid-market tierMadison, WisconsinMultifamily - Ground-up
- Diversified Healthcare TrustMid-market tierBentonville-Rogers-Fayetteville, Arkansas (Northwest Arkansas)Madison, Wisconsin
- Livesey CompanyMid-market tierMadison, WisconsinMultifamily - Ground-up
- Elcan and AssociatesMid-market tierBentonville-Rogers-Fayetteville, Arkansas (Northwest Arkansas)Multifamily - Ground-up
- Elmdale PartnersMid-market tierMilwaukee, WisconsinMultifamily - Ground-up
Frequently asked questions about Neutral
- What does Neutral do?
- Neutral is a real estate development company founded in 2020 and headquartered in Madison, with an additional office in San Jose.
- What markets does Neutral operate in?
- Neutral is active in Bentonville-Rogers-Fayetteville, Arkansas (Northwest Arkansas), Madison, Wisconsin, and Milwaukee, Wisconsin.
- How many employees does Neutral have?
- Neutral has 11–50 employees.
