History of NBS Real Estate
The NBS story began in 2016 when Jacob and Jonathan decided to flip a tow‑behind camper trailer on Craigslist. The profits were used to flip more trailers, then houses, and eventually acquire rental portfolios. That momentum led to the launch of NBS Real Estate, which has since grown into a vertically integrated firm with over $100 million in assets under management. Today, NBS specializes in single-family residential development and value-add multifamily projects, applying the same practical, hands-on approach that defined their early success.
With NBS Ventures, the team is now taking on outside capital to accelerate growth, expand into new markets, and scale a repeatable model for infill development in underserved communities.
Principals
Jonathan Steltzer
Principal & Co-Founder
Jonathan manages development operations at NBS Ventures, with a focus on budgeting, forecasting, and capital deployment for single-family homebuilding projects. At NBS Real Estate, he leads the firm’s investment strategy and helps guide plan selection across the company’s development pipeline. Jonathan holds a BS in both marketing and project management from Liberty University.
Jacob Strong
Principal & Co-Founder
Jacob manages development operations at NBS Ventures, overseeing permitting and construction management. At NBS Real Estate, he leads the asset management team and is heavily involved in all phases of the firm’s development projects. Jacob earned his BS in business administration with a concentration in project management from Liberty University.
Austin Tatom
Principal & Co-Founder
Austin oversees land acquisition, financial strategy, capital raising, and investor relations at NBS Ventures. With a background as a commercial real estate attorney, he brings experience in acquisitions, dispositions, development, financing, and leasing across various real estate asset classes. Austin has advised clients ranging from small operators to Fortune 50 companies, equipping him with expertise to navigate complex transactions and investment strategies. Austin earned his JD with honors from the University of Richmond School of Law and a BS in finance from the University of Utah.