Real Estate

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Summit Housing Group

Summit Housing Group has built 1,696 affordable units across five states using a vertically integrated LIHTC model.

Summit Housing Group

Summit Housing Group

Summit Housing Group was formed in 2002 as a subsidiary of Summit Management Group, Inc., a Montana corporation. The parent company also owns Highland Property Management and Summit Construction Group, creating a vertically integrated platform that handles the full lifecycle of a development — from site selection and engineering through construction, marketing, and ongoing property management. The firm focuses exclusively on multi-family residential projects, spanning market-rate, workforce, rent-to-own, and low-income housing tax credit (LIHTC) developments. The firm concentrates its work in LIHTC, a federal program that awards tax credits to developers of affordable housing, which they then sell to institutional investors to raise construction equity. Summit's projects are concentrated in Montana, South Dakota, Utah, Colorado, and Wyoming, and its overall book totals 35 properties representing 1,696 units, either built, awarded, or currently under construction (per the firm, 2026). While specific portfolio names are not listed, its recent work earned a 2023 award for Development That Best Preserves Family Housing. The firm's model — pairing in-house construction with in-house property management — allows it to control quality and compliance across the long hold periods typical for LIHTC assets. Staffing data is not publicly available, but the website lists a lean team of named functional leads — a Director of Acquisitions, a Controller & Senior Construction Accountant, and a Vice President of Highland Property Management, supported by an owner-chairman and a CEO-president. The firm is headquartered in Missoula, Montana, with no additional offices disclosed. No adjacent vehicles such as a philanthropic foundation or a club membership are publicly mentioned. In 2023, the firm won an industry award for a project that best preserves family housing, indicating a mature operational track record within its niche. Unlike most LIHTC developers that rely on third-party general contractors and property managers, Summit Housing Group keeps construction and management inside the same corporate umbrella. This structure aligns incentives uniquely: the entity that builds the asset is also the entity that will maintain and manage it for the 15-year LIHTC compliance period and beyond. For allocators evaluating a concentrated bet on affordable housing in the Mountain West, that integration may serve as both a risk mitigant and a source of operational yield that externalized firms cannot easily replicate.

General information

Firm type

Real Estate

Year founded

2002

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Missoula

Corporate office

Missoula, MT, United States

Principals

Summit Companies Owner and Chairman

Summit Companies Owner and Chairman

Summit Companies Chief Executive Officer & President

Summit Companies Chief Executive Officer & President

Director of Acquisitions

Director of Acquisitions

Controller & Senior Construction Accountant

Controller & Senior Construction Accountant

Sector focus

Real Estate

Frequently asked questions

What is Summit Housing Group's relationship to Summit Management Group?

Summit Housing Group is a wholly owned subsidiary of Summit Management Group, Inc., a Montana corporation formed in 2002. Summit Management Group also owns Highland Property Management and Summit Construction Group. This corporate structure allows the firm to handle development, construction, and property management internally for its multi-family housing projects.

Which geographic markets does Summit Housing Group operate in?

The firm concentrates its projects in the Mountain and Plains regions of the United States. Its portfolio spans five states: Montana, South Dakota, Utah, Colorado, and Wyoming. No projects outside these states have been publicly disclosed.

How does Summit Housing Group fund its developments?

Summit Housing Group specializes in Low-Income Housing Tax Credit projects. The LIHTC program allocates federal tax credits to developers, who syndicate them to corporate investors — often banks and insurance companies — in exchange for equity. The firm does not publicly describe any additional funding sources such as blind pools or institutional joint ventures, though its website references partnerships with institutions.

Does Summit Housing Group manage the properties it develops?

Yes. Summit Management Group's subsidiary, Highland Property Management, provides property management services. This means Summit retains long-term operational oversight of its assets rather than handing them off after construction, which is typical for LIHTC developers seeking to maintain compliance and asset quality through the mandatory 15-year affordability period.

What investment stages or asset classes does Summit Housing Group target?

Summit focuses exclusively on ground-up development of multi-family residential housing. It does not acquire existing stabilized assets as a core activity, nor does it invest in office, retail, or industrial property. Its developments fall into four product types: market-rate, workforce, rent-to-own, and LIHTC affordable housing.

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