Artificial Intelligence
Builders Company
Developers/Impact Developers
ID
Impact DevelopersAustin, United States · founded 2008 · 1 active markets
PRIVATE

IMPACT Developers is an Austin-area developer that creates multifamily and mixed-use communities, including condos, townhomes, apartments and retail space, across Central Texas markets. It originates sites, manages design and construction, and handles marketing, sales and leasing for residents and investors.

Years in business
18
founded 2008
LinkedIn headcount
12 people
employees, as shown on LinkedIn · size band 11–50
Projects last researched October 16, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
IMPACT DEVELOPERS OF AUSTIN, LLC1
Headquarters
2301 W ANDERSON LN STE 102-101, Austin, US
Founded
20081
Entity type
PRIVATE1
Business model
mixed use1
Markets
1 market listed
What they build
Residential, for sale (3 of 5) · Residential, for rent (2 of 5)
Full dossier in About →

Delivery record

4 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-16 through 2026-10-16, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+18.3 mo
the middle of 4 scored projects
Average delay
+14.5 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+28.0 mo
MESA · +21.0 to +35.0
1
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
3
red rows below

Against other developers

4 date-assessed here · 283 developers, 1062 date-assessed projects in United States
Median delay
Impact Developers·283 developers in United States
+18.3 mo vs +4.5 mo
this developer 13.8 mo worse
The typical project on each side.
Average delay
Impact Developers·283 developers in United States
+14.5 mo vs +7.3 mo
this developer 7.2 mo worse
Both pulled by their worst few.
On time
Impact Developers·283 developers in United States
25% vs 56%
this developer 31 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Projects and timelines in Track Record →

Resident experience

3 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.2/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Structure & systems
7.2/ 10
Fabric, services, waterproofing, envelope · from 3 of 3 rated buildings
Management & living
7.3/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 309 developers, 1552 rated buildings in United States
Overall rating
Impact Developers · 309 other developers in United States
7.2 vs 7.8
this developer 0.6 worse
The weighted verdict on each side. From 3 of 3 rated buildings here and 1552 in the market.
Structure & systems
Impact Developers · 309 other developers in United States
7.2 vs 6.9
this developer 0.3 better
Fabric and engineering only — fixed at handover. From 3 of 3 rated buildings here and 672 in the market.
Management & living
Impact Developers · 309 other developers in United States
7.3 vs 7.4
this developer 0.1 worse
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 1493 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

  • PROJECT AWARD Winner 2021 award winners (page published January 17, 2022)
    Best in American Living Award — Development up to 3 Stories, For Rent · Hermosa Village
    Hermosa Village received the Gold award in the Development up to 3 Stories, For Rent category; Impact Developers is identified as the developer.
    National Association of Home Builders (NAHB) · https://bestinamericanliving.com/awards/hermosa-village/
  • PROJECT AWARD Winner 2021 (reported June 17, 2021)
    Gold Nugget Grand Award — Best Multifamily Housing Community, Under 15 du/acre · Hermosa Village
    Hermosa Village was named the grand-award winner for Best Multifamily Housing Community, Under 15 du/acre, with Impact Developers identified as developer.
All awards →

Risks & source coverage

  • SAFETY / LABOUR September 19, 2019 (fire); October 1, 2019 (reconstruction report) On September 19, 2019, a three-alarm fire originating at the MESA condominium construction site being built by IMPACT Developers destroyed the unfinished structure, spread to nearby occupied apartment buildings, displaced 26 residents, and caused substantial damage; reporting said the cause was initially undetermined, while the developer later said it had been told arson was not the cause and committed to restoring the project.
  • RISK March 4, 2024 (BBB file opened) The Better Business Bureau profile, opened March 4, 2024, rated Impact Developers C and stated that the business had failed to respond to one complaint; BBB also cautioned that its profiles do not verify third-party information, so the underlying complaint is not treated here as proven misconduct.
  • DELIVERY DELAY Event: 2019-09-19; report published: 2019-10-01; later status update: 2024-07-01; research date: 2026-10-16. MESA, Impact Developers’ South Austin condominium project, suffered a documented construction setback after a September 19, 2019 fire brought the site “nearly back to square one”; Impact Developers said it would restore the project to its prior condition within the 180-day contractual period, and later reporting lists MESA as complete and sold out, so this is resolved history rather than an active delay as of October 16, 2026.
Record status
active
Company sources
85 source entries across 85 fields
Projects tracked
5 · 5 completed in assessment
All flags and sources →

Track Record

Delivery record

4 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-16 through 2026-10-16, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+18.3 mo
the middle of 4 scored projects
Average delay
+14.5 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+28.0 mo
MESA · +21.0 to +35.0
1
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
3
red rows below

Against other developers

4 date-assessed here · 283 developers, 1062 date-assessed projects in United States
Median delay
Impact Developers·283 developers in United States
+18.3 mo vs +4.5 mo
this developer 13.8 mo worse
The typical project on each side.
Average delay
Impact Developers·283 developers in United States
+14.5 mo vs +7.3 mo
this developer 7.2 mo worse
Both pulled by their worst few.
On time
Impact Developers·283 developers in United States
25% vs 56%
this developer 31 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
The market here is United States: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

5 of 5 projects dated · 2 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Austin, United States
Leander, United States
201620172018201920202021202220232024202520262027todayAUSTIN, UNITED STATES+28 moverified+20.5 moverifiedcompleted, no target published−6.5 moverifiedLEANDER, UNITED STATES+16 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

3 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.2/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Structure & systems
7.2/ 10
Fabric, services, waterproofing, envelope · from 3 of 3 rated buildings
Management & living
7.3/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 309 developers, 1552 rated buildings in United States
Overall rating
Impact Developers · 309 other developers in United States
7.2 vs 7.8
this developer 0.6 worse
The weighted verdict on each side. From 3 of 3 rated buildings here and 1552 in the market.
Structure & systems
Impact Developers · 309 other developers in United States
7.2 vs 6.9
this developer 0.3 better
Fabric and engineering only — fixed at handover. From 3 of 3 rated buildings here and 672 in the market.
Management & living
Impact Developers · 309 other developers in United States
7.3 vs 7.4
this developer 0.1 worse
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 1493 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

3 rated · 2 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Hermosa VillageLeander238 units
7.6/ 10
8.4/ 10
RentCafe 5/5 · 9 reviews · rentcafe.com
RentCafe publishes 5/5 from 9 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.4.
7.8/ 10
RentCafe 4.5/5, 5/5, 5/5, 4.5/5, 4/5, 5/5 · 9 reviews · rentcafe.com
Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.8.

The 4.2/5 Google-derived aggregate on 193 reviews sets the level and converts to 7.6/10 under the supplied curve. The score is 7.4 after a modest evidence-based adjustment for the reported gate incident and delayed management response, tempered by repeated praise for quietness, staff, maintenance and community amenities. Structure is scored separately at 8.0 from the published 5.0/5 maintenance result and positive upkeep evidence; no structural failure was reported.

+ Fast maintenance+ Well-maintained property+ Noise-reducing concrete slabs+ Energy-efficient appliances+ Attached garages with EV charging
+ Quiet community+ Friendly staff+ Responsive office+ Resident events+ Community garden
− Gate incident− Delayed management response− Deposit complaint− Amenity-fee complaint

The published resident material is positive on upkeep rather than reporting structural failures: RentCafe describes maintenance as “fast and thorough” and the property as “well-maintained.” Its published maintenance sub-score is 5.0/5 from 9 reviews; no source reviewed here reports flooding, plumbing, HVAC, electrical or lift failures.

Residents repeatedly describe Hermosa Village as quiet and staff as friendly and responsive; one review says the office will “answer the phone and speak with you,” while another praises “amazing office and maintenance staff.” The main adverse account describes a gate damaging a vehicle and repeated unanswered calls and emails; another resident complains about deposit recovery and higher amenity fees.

Trillium TerraceAustin168 units
7.5/ 10
6.8/ 10
8.0/ 10

Google’s 4.4/5 rating from 136 reviews is the largest qualifying review base and converts to 8.2/10, setting the level. The score is reduced for the reported mold/air-quality, access and move-out-dispute themes, partly offset by repeated praise for staff, maintenance, cleanliness and quiet living; the structure sub-score is lower because the physical-condition evidence is materially more concerning than the general living feedback.

+ Modern finishes+ Bright and comfortable units+ Well-maintained grounds+ Washer/dryer amenities
− Mold and moisture reports− HVAC fragrance concerns− Stained or matted carpet at move-in
+ Responsive management+ Fast maintenance response+ Friendly staff+ Quiet community+ Well-kept pool and amenities
− Gate or fob outages− Move-out fee disputes− Pool cleanliness complaint− Smoking-enforcement complaints

Residents generally describe the apartments as “bright, modern, and clean,” and the grounds as well kept. However, the cross-platform review analysis reports at least three mold or moisture complaints, including one resident describing mold “in the walls,” while another reported hives and an asthma attack allegedly linked to fragrance sprayed on HVAC filters; these are reported resident experiences, not independently verified engineering findings.

Day-to-day reviews are predominantly favorable: residents call the maintenance staff “quick and helpful,” say management is “friendly and quick to respond,” and praise the quiet community, amenities and resident events. Counterevidence includes a Yelp review saying “The pool stays filthy,” repeated reports of fob failures lasting weeks, and complaints about disputed carpet, repainting and other move-out charges.

SkyBridge LoftsAustin112 units
6.5/ 10
6.5/ 10
6.2/ 10

Google Reviews/Maps provides the largest published review base found, with 3.7/5 from 49 reviews, converting to 6.1/10 under the requested curve. The score moves slightly upward overall because repeated amenities, location and security praise broadly offsets recurring but non-severe HOA and parking complaints; the structure figure is kept separate because the structural evidence is limited and mixed.

+ Quiet interiors / good walls+ Modern finishes
− One reviewer called the build quality "very bad"
Not found in sources: No reported mold in two reviews · No reported leaks in one review · No reported plumbing issues in one review
+ Pool and gym+ Walking and jogging trail+ Dog parks+ Gated entry and security+ Responsive management reported by one reviewer
− HOA complaints− Guest-parking fines− Dumpster placement in visitor spaces− Poor landscaping reported by one reviewer

Structural feedback was mixed but limited: one reviewer said the “build quality is very bad,” while another reported “I haven’t seen any structural issues, mold, etc.” A longer-term resident also said, “We haven’t had any leaks, molds or plumbing issues at our unit,” and another praised “very good walls=no noise complaints.”

Residents repeatedly praised the pool, gym, dog parks, trails and location; one review called it a “comfortable and well-maintained community,” and another said the “newly hired management company has been responsive and making improvements every week!” Negative operational feedback focused on HOA and parking enforcement, including a reported “$150 ticket,” while another reviewer complained about dumpsters being placed in visitor spaces.

Only buildings that have reached handover are rated. 2 of 5 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
IMPACT DEVELOPERS OF AUSTIN, LLC
Headquarters
2301 W ANDERSON LN STE 102-101, Austin, US
78757
Founded
2008
Entity type
PRIVATE
Revenue
USD 1.03 million annual revenue
Business model
mixed use

Offices

head office and 1 other
Round Rock

Sources: office cities

SOCIALdate not shown in source

impact developers

LinkedIn
Headquartered in Austin, Texas, United States, with an office in Round Rock.
value seen: Round Rock
https://linkedin.com/company/impact-developers

Registrations & licences

COMPANY NUMBER0801827370
Texas Secretary of State · US · Active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 5 projects tracked

What they build

2 types
Residential, for sale3 of 5
Residential, for rent2 of 5
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
HC
Herman Cardenas
Herman Cardenas is the founder and CEO of IMPACT Developers. His stated remit covers development strategy, site selection, design direction, capital relationships, builder selection, construction collaboration, quality oversight and execution planning. Before real estate, he founded and led technology and home-building businesses, including NetStreams and Popular Homes.
Current title
Founder & CEO
Experience
no career length stated
Companies before
NetStreamsGE SMARTSummit VenturesPopular HomesMesilla Valley High Tech Industries
Education
not published
Other boards
Member of Southwestern University's Board of Visitors
Known for
FounderCEOmultifamily developmenttechnology entrepreneurex-GE
Work email: hcardenas@impactdevelopers.com1 Email
https://linkedin.com/in/herman-cardenas-990949

Sources: email

DIRECTORYdate not shown in source

IMPACT Developers - $6 M Revenue, Employees & Growth | Kona Equity

Kona Equity
### Herman Cardenas Chief Executive Officer hcardenas@impactdevelopers.com
value seen: hcardenas@impactdevelopers.com
https://www.konaequity.com/company/impact-developers-4393813075/

Sources: full name

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
# Herman Cardenas
value seen: Herman Cardenas
https://linkedin.com/in/herman-cardenas-990949

Sources: linkedin page

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
# Herman Cardenas
value seen: https://linkedin.com/in/herman-cardenas-990949
https://linkedin.com/in/herman-cardenas-990949

Sources: other boards

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### Member of Southwestern University's Board of Visitors - Southwestern University
value seen: Member of Southwestern University's Board of Visitors
https://linkedin.com/in/herman-cardenas-990949

Sources: previous companies

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### Founder & Chairman Transitioned from CEO to Chairman after leading NetStreams through its early growth stage.
value seen: NetStreams
https://linkedin.com/in/herman-cardenas-990949

Sources: previous companies

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
In 2000, Microsoft also purchased a part of our company and teamed up with us to expand our connected home initiative ... GE SMART then launched an initiative to develop IP-based technology/products
value seen: GE SMART
value paraphrased from this source
https://linkedin.com/in/herman-cardenas-990949

Sources: previous companies

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### President/Founder - Summit Ventures
value seen: Summit Ventures
https://linkedin.com/in/herman-cardenas-990949

Sources: previous companies

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### President/Founder - Popular Homes
value seen: Popular Homes
https://linkedin.com/in/herman-cardenas-990949

Sources: previous companies

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### Vice President of Engineering/Co-founder - Mesilla Valley High Tech Industries
value seen: Mesilla Valley High Tech Industries
https://linkedin.com/in/herman-cardenas-990949

Sources: summary

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
Founder and CEO responsible for IMPACT Developers’ development strategy, project vision, site selection, market analysis, concept development, design direction, engineering coordination, capital relationships, builder selection, construction collaboration, quality oversight, and execution planning.
value seen: Herman Cardenas is the founder and CEO of IMPACT Developers. His stated remit covers development strategy, site selection, design direction, capital relationships, builder selection, construction collaboration, quality oversight and execution planning. Before real estate, he founded and led technology and home-building businesses, including NetStreams and Popular Homes.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/herman-cardenas-990949

Sources: tags

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### Founder & CEO - [IMPACT Developers](https://www.linkedin.com/company/impact-developers) (Current)
value seen: Founder
value paraphrased from this source
https://linkedin.com/in/herman-cardenas-990949

Sources: tags

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### Founder & CEO - [IMPACT Developers](https://www.linkedin.com/company/impact-developers) (Current)
value seen: CEO
value paraphrased from this source
https://linkedin.com/in/herman-cardenas-990949

Sources: tags

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
I lead IMPACT Developers, a boutique Austin-based multifamily development firm focused on design-led, award-winning Class A communities in Texas markets.
value seen: multifamily development
value paraphrased from this source
https://linkedin.com/in/herman-cardenas-990949

Sources: tags

PRESS2020-05-04

013: A Leader in Real Estate Development and Technology – Herman Cardenas - The Due Diligence Project™

The Due Diligence Project
Herman Cardenas is an elite real estate developer and a very successful technology business owner that has sold companies to GE, Microsoft, and Clear One.
value seen: technology entrepreneur
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://duediligenceproject.com/hermancardenas/

Sources: tags

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### Founder & CEO - [GE](https://www.linkedin.com/company/ge)
value seen: ex-GE
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/herman-cardenas-990949

Sources: tags

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
### Member of Southwestern University's Board of Visitors - Southwestern University
value seen: Board member
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/herman-cardenas-990949

Sources: title

SOCIAL2026-10-06

Herman Cardenas

LinkedIn
# Herman Cardenas Founder & CEO, IMPACT Developers | Class A Multifamily Development | Site Strategy, Design, Execution & Asset Performance
value seen: Founder & CEO
https://linkedin.com/in/herman-cardenas-990949
RS
Richard Sims
Richard Sims is listed by a company-management directory as an owner of IMPACT Developers. His independently retrieved profile records a former CFO role at Impact Developers & Mgt., LLC from January 2003 to January 2010, while showing current finance, board and public-administration roles elsewhere. His current ownership status at the Austin developer is therefore uncertain.
Current title
Owner
Experience
no career length stated
Companies before
Impact Developers & Mgt., LLC
Education
not published
Other boards
Board Member & Secretary, Kappa Alpha Psi – Trenton Kappa FoundationBoard Member & CFO, Trenton Partners for Economic Development, Inc.
Known for
Former CFOReal-estate financeBoard member
https://linkedin.com/in/richard-sims-b716a713

Sources: full name

DIRECTORYdate not shown in source

IMPACT Developers

Datanyze
Richard Sims Owner
value seen: Richard Sims
https://www.datanyze.com/companies/impact-developers/371608393

Sources: linkedin page

SOCIAL2026-09-23

richard sims

LinkedIn
# richard sims
value seen: https://linkedin.com/in/richard-sims-b716a713
https://linkedin.com/in/richard-sims-b716a713

Sources: other boards

SOCIAL2026-09-23

richard sims

LinkedIn
### Board Member & Secretary - Kappa Alpha Psi - Trenton Kappa Foundation (Current)
value seen: Board Member & Secretary, Kappa Alpha Psi – Trenton Kappa Foundation
value paraphrased from this source
https://linkedin.com/in/richard-sims-b716a713

Sources: other boards

SOCIAL2026-09-23

richard sims

LinkedIn
### Board Member & CFO - Trenton Partners for Economic Development, Inc. (Current)
value seen: Board Member & CFO, Trenton Partners for Economic Development, Inc.
value paraphrased from this source
https://linkedin.com/in/richard-sims-b716a713

Sources: previous companies

SOCIAL2026-09-23

richard sims

LinkedIn
### CFO - Impact Developers & Mgt., LLC Jan 2003 - Jan 2010 (7 years)
value seen: Impact Developers & Mgt., LLC
https://linkedin.com/in/richard-sims-b716a713

Sources: summary

DIRECTORYdate not shown in source

IMPACT Developers

Datanyze
Richard Sims Owner
value seen: Richard Sims is listed by a company-management directory as an owner of IMPACT Developers. His independently retrieved profile records a former CFO role at Impact Developers & Mgt., LLC from January 2003 to January 2010, while showing current finance, board and public-administration roles elsewhere. His current ownership status at the Austin developer is therefore uncertain.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.datanyze.com/companies/impact-developers/371608393

Sources: tags

SOCIAL2026-09-23

richard sims

LinkedIn
### CFO - Impact Developers & Mgt., LLC Jan 2003 - Jan 2010 (7 years)
value seen: Former CFO
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/richard-sims-b716a713

Sources: tags

PRESS2011-08-29

Interview with Richard Sims: REITs – What are they and how do you make money from them?

CFO Radio
Richard Sims, is a geologist and environmental engineer. From a career consulting to the industry and managing real estate, he has been a real estate investor for many years.
value seen: Real-estate finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://cforadio.brxarchive.com/2011/08/29/interview-with-richard-sims-reits-what-are-they-and-how-do-you-make-money-from-them/

Sources: tags

SOCIAL2026-09-23

richard sims

LinkedIn
### Board Member & Secretary - Kappa Alpha Psi - Trenton Kappa Foundation (Current)
value seen: Board member
value paraphrased from this source
https://linkedin.com/in/richard-sims-b716a713

Sources: title

DIRECTORYdate not shown in source

IMPACT Developers

Datanyze
Richard Sims Owner
value seen: Owner
https://www.datanyze.com/companies/impact-developers/371608393
AC
Anthony Corbisiero
Anthony Corbisiero is identified in his professional profile as a current principal of IMPACT Developers. The same profile also identifies him as a principal at Renaissance Properties, but the retrieved material does not provide a fuller biography, education history or Impact start date.
Current title
Principal
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
PrincipalReal estate
https://linkedin.com/in/anthony-corbisiero-b718a168

Sources: full name

SOCIAL2026-09-30

Anthony Corbisiero

LinkedIn
# Anthony Corbisiero
value seen: Anthony Corbisiero
https://linkedin.com/in/anthony-corbisiero-b718a168

Sources: linkedin page

SOCIAL2026-09-30

Anthony Corbisiero

LinkedIn
# Anthony Corbisiero
value seen: https://linkedin.com/in/anthony-corbisiero-b718a168
https://linkedin.com/in/anthony-corbisiero-b718a168

Sources: summary

SOCIAL2026-09-30

Anthony Corbisiero

LinkedIn
### Principal - [IMPACT Developers](https://www.linkedin.com/company/impact-developers) (Current)
value seen: Anthony Corbisiero is identified in his professional profile as a current principal of IMPACT Developers. The same profile also identifies him as a principal at Renaissance Properties, but the retrieved material does not provide a fuller biography, education history or Impact start date.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/anthony-corbisiero-b718a168

Sources: tags

SOCIAL2026-09-30

Anthony Corbisiero

LinkedIn
### Principal - [IMPACT Developers](https://www.linkedin.com/company/impact-developers) (Current)
value seen: Principal
value paraphrased from this source
https://linkedin.com/in/anthony-corbisiero-b718a168

Sources: tags

SOCIAL2026-09-30

Anthony Corbisiero

LinkedIn
Principal at Renaissance Properties
value seen: Real estate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/anthony-corbisiero-b718a168

Sources: title

SOCIAL2026-09-30

Anthony Corbisiero

LinkedIn
### Principal - [IMPACT Developers](https://www.linkedin.com/company/impact-developers) (Current)
value seen: Principal
https://linkedin.com/in/anthony-corbisiero-b718a168
JC
Javed Choudhry
Javed Choudhry is listed as IMPACT Developers’ Vice President, Construction. His professional profile describes him as a project-executive and pre-construction/construction-management leader responsible for pre-construction and project-management activity across a nationwide portfolio valued at more than $3.5 billion. The retrieved profile also records structural-engineering and civil-engineering study.
Current title
Vice President, Construction
Experience
no career length stated
Companies before
none sourced
Education
University of ConnecticutStructural Engineering
University of Engineering & Technology- PAKBachelor's Degree, Civil Engineering
Other boards
none sourced
Known for
VP ConstructionPre-constructionProject management$3.5B+ portfolioStructural engineering
Work email: jchoudhry@impactdevelopers.com1 Email
https://linkedin.com/in/javed-choudhry-458419186

Sources: degree

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
### Structural Engineering at [University of Connecticut](https://www.linkedin.com/school/university-of-connecticut)
value seen: Structural Engineering
https://linkedin.com/in/javed-choudhry-458419186

Sources: institution

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
### Structural Engineering at [University of Connecticut](https://www.linkedin.com/school/university-of-connecticut)
value seen: University of Connecticut
https://linkedin.com/in/javed-choudhry-458419186

Sources: degree

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
### Bachelor's Degree, Civil Engineering at University of Engineering & Technology- PAK
value seen: Bachelor's Degree, Civil Engineering
https://linkedin.com/in/javed-choudhry-458419186

Sources: institution

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
### Bachelor's Degree, Civil Engineering at University of Engineering & Technology- PAK
value seen: University of Engineering & Technology- PAK
https://linkedin.com/in/javed-choudhry-458419186

Sources: email

DIRECTORYdate not shown in source

IMPACT Developers - $6 M Revenue, Employees & Growth | Kona Equity

Kona Equity
### Javed Choudhry Vice President, Construction jchoudhry@impactdevelopers.com
value seen: jchoudhry@impactdevelopers.com
https://www.konaequity.com/company/impact-developers-4393813075/

Sources: full name

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
# Javed Choudhry
value seen: Javed Choudhry
https://linkedin.com/in/javed-choudhry-458419186

Sources: linkedin page

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
# Javed Choudhry
value seen: https://linkedin.com/in/javed-choudhry-458419186
https://linkedin.com/in/javed-choudhry-458419186

Sources: summary

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
In charge of pre-construction and project management activities for a diverse portfolio of capital projects valued at over $3.5 billion nationwide.
value seen: Javed Choudhry is listed as IMPACT Developers’ Vice President, Construction. His professional profile describes him as a project-executive and pre-construction/construction-management leader responsible for pre-construction and project-management activity across a nationwide portfolio valued at more than $3.5 billion. The retrieved profile also records structural-engineering and civil-engineering study.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/javed-choudhry-458419186

Sources: tags

DIRECTORYdate not shown in source

IMPACT Developers - $6 M Revenue, Employees & Growth | Kona Equity

Kona Equity
### Javed Choudhry Vice President, Construction
value seen: VP Construction
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.konaequity.com/company/impact-developers-4393813075/

Sources: tags

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
In charge of pre-construction and project management activities for a diverse portfolio of capital projects valued at over $3.5 billion nationwide.
value seen: Pre-construction
value paraphrased from this source
https://linkedin.com/in/javed-choudhry-458419186

Sources: tags

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
In charge of pre-construction and project management activities for a diverse portfolio of capital projects valued at over $3.5 billion nationwide.
value seen: Project management
value paraphrased from this source
https://linkedin.com/in/javed-choudhry-458419186

Sources: tags

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
In charge of pre-construction and project management activities for a diverse portfolio of capital projects valued at over $3.5 billion nationwide.
value seen: $3.5B+ portfolio
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/javed-choudhry-458419186

Sources: tags

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
### Structural Engineering at [University of Connecticut](https://www.linkedin.com/school/university-of-connecticut)
value seen: Structural engineering
value paraphrased from this source
https://linkedin.com/in/javed-choudhry-458419186

Sources: tags

SOCIAL2026-10-07

Javed Choudhry

LinkedIn
### Bachelor's Degree, Civil Engineering at University of Engineering & Technology- PAK
value seen: Civil engineering
value paraphrased from this source
https://linkedin.com/in/javed-choudhry-458419186

Sources: title

DIRECTORYdate not shown in source

IMPACT Developers - $6 M Revenue, Employees & Growth | Kona Equity

Kona Equity
### Javed Choudhry Vice President, Construction jchoudhry@impactdevelopers.com
value seen: Vice President, Construction
https://www.konaequity.com/company/impact-developers-4393813075/
SC
Sharon Cardenas
Sharon Cardenas is identified as the current Director of Design at IMPACT Developers. The retrieved profile also describes her as a director/project-management/administration professional; no supported education, prior-company or external-board information was found in the retrieved material.
Current title
Director of Design
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Director of DesignDesignProject management
https://linkedin.com/in/sharon-cardenas-101lp

Sources: full name

SOCIAL2026-07-10

Sharon Cardenas

LinkedIn
# Sharon Cardenas
value seen: Sharon Cardenas
https://linkedin.com/in/sharon-cardenas-101lp

Sources: linkedin page

SOCIAL2026-07-10

Sharon Cardenas

LinkedIn
# Sharon Cardenas
value seen: https://linkedin.com/in/sharon-cardenas-101lp
https://linkedin.com/in/sharon-cardenas-101lp

Sources: summary

SOCIAL2026-07-10

Sharon Cardenas

LinkedIn
### Director of Design - [IMPACT Developers](https://www.linkedin.com/company/impact-developers) (Current)
value seen: Sharon Cardenas is identified as the current Director of Design at IMPACT Developers. The retrieved profile also describes her as a director/project-management/administration professional; no supported education, prior-company or external-board information was found in the retrieved material.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/sharon-cardenas-101lp

Sources: tags

SOCIAL2026-07-10

Sharon Cardenas

LinkedIn
### Director of Design - [IMPACT Developers](https://www.linkedin.com/company/impact-developers) (Current)
value seen: Director of Design
value paraphrased from this source
https://linkedin.com/in/sharon-cardenas-101lp

Sources: tags

SOCIAL2026-07-10

Sharon Cardenas

LinkedIn
Department: Design • Level: Director
value seen: Design
value paraphrased from this source
https://linkedin.com/in/sharon-cardenas-101lp

Sources: tags

SOCIAL2026-07-10

Sharon Cardenas

LinkedIn
Director/PM/Admin
value seen: Project management
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/sharon-cardenas-101lp

Sources: title

SOCIAL2026-07-10

Sharon Cardenas

LinkedIn
### Director of Design - [IMPACT Developers](https://www.linkedin.com/company/impact-developers) (Current)
value seen: Director of Design
https://linkedin.com/in/sharon-cardenas-101lp
SE
Santa Elena Bermea
Santa Elena Bermea is the current Controller at IMPACT Developers, with the profile placing her in finance and accounting at the Austin office. Before IMPACT, she was a tax accountant at Kronoz Internacional. Her retrieved education record is a master’s degree in tax law from Universidad Regiomontana S.C.
Current title
Controller
since Jun 2015 - Present
Experience
no career length stated
Companies before
KRONOZ INTERNACIONAL
Education
Universidad Regiomontana S.C.Master Derecho Fiscal, Derecho Fiscal
Other boards
none sourced
Known for
ControllerFinance & accountingTax specialistMaster's degree
Work email: sbermea@impactdevelopers.com1 Email
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: degree

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
### Master Derecho Fiscal, Derecho Fiscal at [Universidad Regiomontana S.C.]
value seen: Master Derecho Fiscal, Derecho Fiscal
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: institution

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
### Master Derecho Fiscal, Derecho Fiscal at [Universidad Regiomontana S.C.]
value seen: Universidad Regiomontana S.C.
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: email

DIRECTORYdate not shown in source

IMPACT Developers - $6 M Revenue, Employees & Growth | Kona Equity

Kona Equity
### Santa Bermea Controller sbermea@impactdevelopers.com
value seen: sbermea@impactdevelopers.com
https://www.konaequity.com/company/impact-developers-4393813075/

Sources: full name

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
# Santa Elena Bermea
value seen: Santa Elena Bermea
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: linkedin page

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
# Santa Elena Bermea
value seen: https://linkedin.com/in/santa-elena-bermea-68283812
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: previous companies

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
### Contador fiscalista - KRONOZ INTERNACIONAL
value seen: KRONOZ INTERNACIONAL
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: since

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
Jun 2015 - Present (11 years and 2 months) in 6000 S Congress Ste 101, Austin Texas 78745
value seen: Jun 2015 - Present
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: summary

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
### Controller - IMPACT Developers (Current) Jun 2015 - Present (11 years and 2 months) in 6000 S Congress Ste 101, Austin Texas 78745
value seen: Santa Elena Bermea is the current Controller at IMPACT Developers, with the profile placing her in finance and accounting at the Austin office. Before IMPACT, she was a tax accountant at Kronoz Internacional. Her retrieved education record is a master’s degree in tax law from Universidad Regiomontana S.C.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: tags

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
### Controller - IMPACT Developers (Current)
value seen: Controller
value paraphrased from this source
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: tags

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
Department: Finance & Accounting • Level: Specialist
value seen: Finance & accounting
value paraphrased from this source
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: tags

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
### Contador fiscalista - KRONOZ INTERNACIONAL
value seen: Tax specialist
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: tags

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
### Master Derecho Fiscal, Derecho Fiscal at [Universidad Regiomontana S.C.]
value seen: Master's degree
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/santa-elena-bermea-68283812

Sources: title

SOCIAL2026-08-22

Santa Elena Bermea

LinkedIn
### Controller - IMPACT Developers (Current)
value seen: Controller
https://linkedin.com/in/santa-elena-bermea-68283812

Projects

Assessment coverage

Completed projects: 2016-10-16 through 2026-10-16. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

5 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
MESAAustin, United States
South Austin
residential for sale4513———2019Mar 2019Jan 2020 – Apr 2020Jan 2022 – Dec 2022+28.0 mo
(+21.0 to +35.0)
sourcedcompleted
Hermosa VillageLeander, United States
residential for rent23812329,418 sq ft——2019July 1Jul 2019Nov 2020+16.0 mo
(+16.0 to +16.0)
sourcedcompleted
Cooper VillasAustin, United States
residential for sale4112—————Sep 2016 – Nov 2016Jan 2018 – Dec 2018+20.5 mo
(+14.0 to +27.0)
sourcedcompleted
SkyBridge LoftsAustin, United States
residential for sale11212——————Jan 2017 – Dec 2017—not scorablecompleted
Trillium TerraceAustin, United States
residential for rent16813—————Dec 2017 – Feb 2018Jan 2017 – Dec 2017−6.5 mo
(−13.0 to 0.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

2 found
PROJECT AWARD Winner 2021 award winners (page published January 17, 2022)
Best in American Living Award — Development up to 3 Stories, For Rent · Hermosa Village
Hermosa Village received the Gold award in the Development up to 3 Stories, For Rent category; Impact Developers is identified as the developer.
National Association of Home Builders (NAHB) · https://bestinamericanliving.com/awards/hermosa-village/
PROJECT AWARD Winner 2021 (reported June 17, 2021)
Gold Nugget Grand Award — Best Multifamily Housing Community, Under 15 du/acre · Hermosa Village
Hermosa Village was named the grand-award winner for Best Multifamily Housing Community, Under 15 du/acre, with Impact Developers identified as developer.

Risks

Risk flags

3 found
SAFETY / LABOUR September 19, 2019 (fire); October 1, 2019 (reconstruction report)
On September 19, 2019, a three-alarm fire originating at the MESA condominium construction site being built by IMPACT Developers destroyed the unfinished structure, spread to nearby occupied apartment buildings, displaced 26 residents, and caused substantial damage; reporting said the cause was initially undetermined, while the developer later said it had been told arson was not the cause and committed to restoring the project.
RISK March 4, 2024 (BBB file opened)
The Better Business Bureau profile, opened March 4, 2024, rated Impact Developers C and stated that the business had failed to respond to one complaint; BBB also cautioned that its profiles do not verify third-party information, so the underlying complaint is not treated here as proven misconduct.
DELIVERY DELAY Event: 2019-09-19; report published: 2019-10-01; later status update: 2024-07-01; research date: 2026-10-16.
MESA, Impact Developers’ South Austin condominium project, suffered a documented construction setback after a September 19, 2019 fire brought the site “nearly back to square one”; Impact Developers said it would restore the project to its prior condition within the 180-day contractual period, and later reporting lists MESA as complete and sold out, so this is resolved history rather than an active delay as of October 16, 2026.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 16, 2026 this month
Profile last researchedOctober 16, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.