About MIdcity
MIdcity is a Real Estate & Construction company based in Bethesda (United States) founded in 1965. It develops and operates multifamily real estate communities for partners. It operates on a B2B model. MIdcity offers products and services including Multifamily Development and Mixed-Use Development. Its focus areas include Real Estate, Property Development, Multifamily Communities and Affordable Housing. Its legal entity in India is Midcity Properties Private Limited (U70101WB2006PTC108131). Similar companies include Century Communities, DR Horton and Meritage Homes; 1 of its 3 listed similar companies has raised funding.
Company details
MidCity, established since 1965, focuses on developing and operating multifamily communities that address diverse resident needs and provide long-term value through public-private partnerships. Based in Bethesda, Maryland, it engages in strategic acquisitions and mixed-use developments like RIA in Washington, DC. The company emphasizes collaborative relationships and quality affordable housing to deliver results for partners and communities.
- Headquarters Bethesda, United States
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website midcitydev.com
- Social LinkedIn X Facebook
- Legal Name Midcity Properties Private Limited
- Date of Incorporation 20 Feb, 2006
- Jurisdiction Kolkata, West Bengal, India
- Indian entity revenue₹15,106
FY 2024 · 0% YoY
- Indian entity net loss-₹16.74 Cr
FY 2024 · -1108435% margin
- Indian entity EBITDA-₹16.74 Cr
FY 2024 · -1108407% margin
Associated legal entities of MIdcity
MIdcity operates through Midcity Properties Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Midcity Properties Private Limited CIN U70101WB2006PTC108131 | Active | 20 Feb 2006 | Kolkata, West Bengal | ₹0.0 Cr | 2 | View details |
Products & Services of MIdcity
MIdcity offers a comprehensive portfolio of products and services, including Multifamily Development and Mixed-Use Development.
Develops communities for residential needs and partnerships.
Creates revitalized urban projects with long-term value.
Board of directors of Midcity Properties Private Limited (MIdcity)
Midcity Properties Private Limited is the primary company behind MIdcity. The board of Midcity Properties Private Limited currently have 2 directors; the longest-serving is Bijay Kumar Mahakul, appointed in 2012. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bijay Kumar Mahakul DIN 03369244 | Director | 22 Mar 2012 | 14 yrs 7 mo | Midcity Properties Private Limited |
| Ayush Barman DIN 07620839 | Director | 24 Sep 2016 | 10 yrs 1 mo | Midcity Properties Private Limited |
People of MIdcity
4 people are tracked at MIdcity (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Stacy Spann | President and CEO | Leadership |
Terrence Kelley | Executive Vice President | Leadership |
Annette Brown | Operations Director | Leadership |
Vanessa Noble | Associate Project Manager | Team |
Complete people profiles for MIdcity
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Financials of MIdcity
Figures of Midcity Properties Private Limited, the primary company behind MIdcity, for FY 2024. Revenue was ₹15,106 (0% year on year). Net loss was -₹16.74 Cr (-1108435% margin). EBITDA was -₹16.74 Cr (-1108407% margin). Revenue has grown at a compounded annual rate of -89% over three years and -70% over five years.
- ₹15,106Revenue · FY 2024 · 0% YoY
- -₹16.74 CrNet loss · -1108435% margin
- -₹16.74 CrEBITDA · -1108407% margin
- ₹2.27 CrPaid-up capital
- -89%Revenue CAGR, 3 years
- -70%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Midcity Properties Private Limited are on its company page.
Detailed financial statements for MIdcity
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Similar companies to MIdcity
MIdcity has 3 listed similar companies in our database, 1 of them funded. They include Century Communities, DR Horton and Meritage Homes.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| centurycommunities.com | 2002 | Greenwood Village, United States | $241.5M | 1,575 | Residential homes and communities are developed across the United States. | |
| drhorton.com | 1978 | Dallas, United States | 13,450 | Residential property development services are offered nationwide in the US. | ||
| meritagehomes.com | 1985 | Scottsdale, United States | 1,838 | Real estate developer of residential properties |
Detailed similar companies of MIdcity
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Web traffic of MIdcity
The website of MIdcity (midcitydev.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 122.1% vs previous month
Top companies in Affordable & Senior Housing
3 companies that operate in the same segment as MIdcity (Affordable & Senior Housing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
REIT that focuses on senior living and healthcare sectors | 1992 | Hunt Valley, Maryland, United States | USD 1.2 B | 60 | ||
Nursing and senior living center services are provided nationwide. | 1978 | Durant, Oklahoma, United States | USD 100 M | USD 3.19 B | 36,000 | |
Healthcare real estate investment trust | 1970 | Toledo, Ohio, United States | USD 6.56 B | 533 |
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Related news about Midcity
Complete news archive for MIdcity
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Frequently Asked Questions about MIdcity
MIdcity was founded in 1965.
MIdcity is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
The primary company behind MIdcity, Midcity Properties Private Limited, reported revenue of ₹15,106 for FY 2024, down 0% year on year.
MidCity, established since 1965, focuses on developing and operating multifamily communities that address diverse resident needs and provide long-term value through public-private partnerships. Based in Bethesda, Maryland, it engages in strategic acquisitions and mixed-use developments like RIA in Washington, DC. The company emphasizes collaborative relationships and quality affordable housing to deliver results for partners and communities.
MIdcity's top competitors include Century Communities, Meritage Homes and DR Horton.
MIdcity offers Multifamily Development and Mixed-Use Development.
MIdcity operates through Midcity Properties Private Limited.
The legal entities of MIdcity currently have 2 directors, including Bijay Kumar Mahakul, Ayush Barman.