Koelbel and Company Named New Home Building President

The firm has tapped a former COO to lead its home building division following a long-tenured executive's retirement.

Updated on Sept. 28, 2026 in People

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Denver-based home builder Koelbel and Company has appointed Nate Levy as the new president of its home building division, succeeding the retiring Peter Benson. AI Illustration. Upload story photo >

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Denver-based Koelbel and Company has appointed Nate Levy as president of its home building division, filling the vacancy left by outgoing executive Peter Benson. Levy will now oversee all strategy and operations for the home builder.

Why it matters

The change in leadership follows a 13-year tenure by Benson and signals a transition in the firm's strategic oversight of its residential development projects. Levy brings over 12 years of specific background in land development and investment to the role.

Nate Levy assumes the leadership role with over 12 years of experience in residential land development and investment, replacing Peter Benson who led the division for more than 13 years.

The players

Koelbel and Company

A Denver-based firm engaged in real estate development and residential home building.

Nate Levy

The new president of the home building division with prior experience as COO of Lokal Homes.

Peter Benson

The outgoing president who managed the home building division for over 13 years.

The details

Nate Levy moves into this position after previously serving as chief operating officer at Lokal Homes. He will be responsible for the firm's home building operations and long-term business strategy. Peter Benson is assisting with the transition of responsibilities as he heads toward retirement.

Timeline

  1. September 28, 2026: Announcement of the leadership transition.

Market Landscape

This leadership transition follows the retirement of a long-term division head, a common occurrence in regional development firms navigating shifts in land investment strategies. It reflects a broader trend of firms seeking operational expertise in land acquisition to anchor their residential building portfolios.

Operators in residential development should monitor how the firm’s strategy shifts under new oversight, particularly regarding its land investment priorities. Owners should track whether this transition impacts supplier relationships or regional project volume over the coming quarters.

The takeaway

The appointment highlights the priority placed on seasoned experience in land development for home building leadership. Operators should review their own succession planning to ensure key operational knowledge is successfully transferred during major management transitions.

Further reading

For more on shifts in local corporate leadership, see our People section.

Source note: This article includes information reported by ColoradoBiz.

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Does a change in home builder leadership affect your confidence in local home quality?