Amberland Companies Announces Acquisition of Excel Development Group
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Amberland Companies Announces Acquisition of Excel Development Group
[Lincoln, NE] – [3/10/2026] – Amberland Companies, a real estate investment and management firm, is proud to announce its acquisition of Excel Development Group, a seasoned developer specializing in affordable housing and community-focused projects across the Midwest.
This strategic acquisition represents Amberland Companies’ continued commitment to expanding its footprint in the real estate sector while delivering innovative, sustainable, and impactful housing solutions. Excel Development Group’s expertise in Low-Income Housing Tax Credit (LIHTC) development complements Amberland’s vertically integrated approach to the real estate lifecycle, creating new opportunities to enhance value for residents, communities, and investors.
“We are thrilled to welcome Excel Development Group to the Amberland family,” said Alex Carlson. “This acquisition underscores our mission to create value that benefits people and places. With Excel’s proven track record in affordable housing development and Amberland’s tech-forward, hands-on approach to property and asset management, we are poised to make a significant impact on the housing landscape across the Midwest.”
Under the new ownership, Excel Development Group will retain its operational independence while benefiting from Amberland’s resources, expertise, and strategic vision. Together, the companies will focus on scaling operations, expanding market presence, and pursuing innovative projects that address the growing demand for affordable and workforce housing.
“The combination of Amberland Companies and Excel Development Group is a perfect alignment of values and vision,” added Sam Tewes. “Together, we are committed to delivering high-quality housing solutions while fostering economic growth and community development throughout the region. Additionally, we are excited about the opportunity to expand Excel’s capacity and reach, allowing us to impact more communities and be a part of the solution in the affordable housing market.”
Scott Lloyd added, “The team and experience at Excel are outstanding. We plan to align ourselves with the existing staff to ensure each team member operates in their area of strength. We look forward to increasing the operational capacity and enhancing systems that will allow Excel to grow and expand its impact on the communities it serves.
About Amberland Companies Amberland Companies was founded by Alex Calrson, Sam Tewes, and Scott Lloyd. It is a real estate investment and management firm focused on delivering value through strategic acquisitions, innovative development, and operational excellence. With a strong emphasis on Midwest markets, Amberland combines cutting-edge technology with hands-on expertise to drive growth and create impactful projects.
About Excel Development Group Excel Development Group is a Midwest-based developer specializing in affordable housing and LIHTC projects. Known for its commitment to quality and community impact, Excel has a long-standing reputation for delivering housing solutions that address critical needs while fostering sustainable growth.
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