Top 19 Residential Property Management Companies in North Carolina
Top 19 Residential Property Management Companies in North Carolina
Residential property management companies in North Carolina play a vital role in maintaining rental properties and enhancing tenant satisfaction. These firms range from family-run businesses to larger management groups handling thousands of units. Services often include tenant placement, maintenance coordination, and financial management, focusing on quality living spaces. Innovations like technology-driven solutions and sustainability practices are becoming integral, as companies respond to evolving market demands. Notably, the multifamily housing sector continues to flourish, driven by an increasing interest in rentals, reflecting lifestyle changes and demographic shifts across the region.
The companies in this list vary significantly in size, with some managing hundreds and others thousands of units. Most are headquartered in Greensboro and Charlotte, showcasing the area's prominence in property management. Founded between 1959 and 2009, these firms specialize in different aspects of residential management, from affordable housing to luxury apartments, creating nuanced offerings. Each company's strategy aligns with their unique market position, whether family-owned or private equity-backed, enriching North Carolina's rental scene.
Read on to discover the top residential property management companies in North Carolina.
Top 19 Residential Property Management Companies in North Carolina
1. Steven D. Bell & Company
- Website: bellpartnersinc.com
- Ownership type: Private Equity
- Headquarters: Greensboro, North Carolina, United States (USA)
- Latest funding: $1.3B, June 2023
- Founded year: 1976
- Headcount: 1001-5000
- LinkedIn: steven-d.-bell-%26-company
Steven D. Bell & Company, known as Bell Partners, is a property management and investment management firm based in Greensboro, North Carolina. Established in 1976, the company specializes in multifamily housing, offering a comprehensive suite of services that includes property management, construction management, and investor relations. With approximately 85,000 apartments under management and $7.3 billion in gross assets, Bell Partners has a significant footprint across various markets in the United States. The firm emphasizes creating communities that residents are proud to call home, while also focusing on delivering strong investment returns for their partners. Their recent funding of $1.3 billion in June 2023 highlights their ongoing growth and commitment to enhancing their service offerings in the multifamily sector.
2. Phillips Management Group
- Website: phillipsmanagement.com
- Ownership type: Family Owned
- Headquarters: Greensboro, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1959
- Headcount: 51-200
- LinkedIn: phillips-management-group
Phillips Management Group, established in 1959, is a family-owned property management company based in Greensboro, North Carolina. Specializing in multifamily apartment communities, they currently manage 24 properties across North Carolina, South Carolina, and Georgia. The company prides itself on creating quality living environments and ensuring resident satisfaction. Their management teams are dedicated to providing exceptional service, which is reflected in their operational philosophy. Phillips Management Group has been recognized for its commitment to employee satisfaction, winning the 2023 NAA Top Employers Award. This recognition underscores their focus on fostering a positive workplace culture, which is crucial in the property management industry. Their approach combines professional management with a personal touch, aiming to enrich the lives of residents and employees alike.
3. Capstone Multi-Family Group
- Website: livewithcapstonemfg.com
- Ownership type: Private
- Headquarters: Gastonia, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2009
- Headcount: 51-200
- LinkedIn: capstone-multifamily-group
Capstone Multi-Family Group, based in Gastonia, North Carolina, has been managing residential properties since its inception in 2009. The company operates primarily in the Southeast, offering a range of services designed to improve the living experience for tenants and provide effective management solutions for property owners. Their portfolio includes single-family homes, commercial properties, and multi-unit apartment complexes. Capstone prides itself on its customer service, utilizing modern technology to streamline processes such as rent payments and maintenance requests. This family-owned and operated business emphasizes a personal touch, aiming to create a community feel among residents. Their commitment to responsive management and tenant satisfaction positions them as a noteworthy player in the property management industry.
4. My Niche Apartments
- Website: mynicheapartments.com
- Ownership type: Private
- Headquarters: Charlotte, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1961
- Headcount: 51-200
- LinkedIn: my-niche-apartments
My Niche Apartments is a private real estate company based in Charlotte, North Carolina, specializing in apartment management and development. Established in 1961, the company has built a reputation for creating well-crafted apartment communities across the Southeast, including locations in Georgia, South Carolina, and North Carolina. They provide a variety of services such as property management, development, marketing, and branding, catering to both individuals seeking quality living spaces and property owners in need of management solutions. My Niche Apartments prides itself on its people-first approach, focusing on the needs and experiences of residents while maintaining high standards in property management. Their team is dedicated to innovative design and strategic marketing, ensuring that each project reflects a unique identity and meets the expectations of modern living.
5. Hawthorne Residential Partners
- Website: hrpliving.com
- Ownership type: Private
- Headquarters: Greensboro, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2009
- Headcount: 1001-5000
- LinkedIn: hawthorne-residential-partners
Hawthorne Residential Partners is a property management firm based in Greensboro, North Carolina, specializing in multifamily housing. Established in 2009 by a group of industry veterans, the company has grown to manage over 62,000 units across more than 250 properties in 110 cities throughout eight states. Hawthorne offers a range of services, including property leasing, asset repositioning, and investment management, aimed at enhancing the living experience for residents while maximizing property value for owners. Their commitment to exceptional service is reflected in their high resident satisfaction scores and their recognition as a top manager for online reputation. The company fosters a culture of community engagement and employee empowerment, which is evident in their Hawthorne Cares program that supports local initiatives and employee welfare. With a workforce of over 1,500 team members, Hawthorne Residential Partners continues to make a significant impact in the property management industry.
6. Landura Management Associates
- Website: landura.com
- Ownership type: Private
- Headquarters: Winston-Salem, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1973
- Headcount: 201-500
- LinkedIn: landura-management-associates
Landura Management Associates, founded in 1974 and based in Winston-Salem, North Carolina, is a property management firm that focuses on residential communities. The company manages a range of properties, including conventional, tax credit, and affordable housing apartment communities. With a portfolio that spans over one hundred locations across six states, Landura has built strong relationships with key stakeholders such as USDA Rural Development and the Department of Housing and Urban Development. Their expertise extends to compliance with various housing regulations and financial management, which is crucial for property owners seeking effective management solutions. The executive team at Landura boasts an average tenure of twenty-five years, reflecting stability and deep industry knowledge. Their commitment to enhancing property value and providing quality housing solutions positions them as a significant player in the residential property management sector.
7. Ticon Properties LLC
- Website: ticonproperties.com
- Ownership type: Private
- Headquarters: Durham, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1972
- Headcount: 11-50
- LinkedIn: ticon-properties-llc
Ticon Properties LLC is a property management firm based in Durham, North Carolina, with a focus on residential rentals. Founded in 1972, the company has built a reputation for providing quality living spaces, including a range of apartments and townhomes. Ticon Properties is dedicated to enhancing the rental experience through excellent customer service and a variety of amenities. Their portfolio includes several properties, such as Taylor's Pond, Hawk's Nest, and Pine Ridge, which cater to individuals and families seeking comfortable living environments. The company operates with a team of 29 employees, ensuring personalized attention to their residents. Ticon Properties remains active in the residential property management sector, demonstrating a commitment to maintaining and improving their offerings in the local market.
8. Elite Management Professionals, Inc.
- Website: elite-mgmt.com
- Ownership type: Private
- Headquarters: Raleigh, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2000
- Headcount: 51-200
- LinkedIn: elite-management-professionals-inc
Elite Management Professionals, Inc. is a property management firm based in Raleigh, North Carolina, founded in 2000. The company specializes in homeowners association (HOA) services, providing management solutions for single-family homes, townhomes, and condominiums. They cater to homeowners associations and property developers, assisting with community operations, financial oversight, and property maintenance. Elite Management Professionals has been recognized as an Accredited Association Management Company since 2009, reflecting their commitment to high standards in service. Their approach combines proactive management strategies with advanced technology, ensuring efficient communication and operations for the communities they serve. The firm has a dedicated team that works closely with clients to address their unique needs, enhancing property values and streamlining processes. They have received positive feedback from clients, indicating a strong focus on customer service and community engagement.
9. Partnership Property Management
- Website: partnershippm.com
- Ownership type: Private
- Headquarters: Greensboro, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2007
- Headcount: 201-500
- LinkedIn: partnership-property-management
Partnership Property Management, based in Greensboro, North Carolina, is a private property management firm specializing in residential properties. Established in 2007, the company has roots dating back to 1939, originally managing properties for the Weaver family. Over the years, it has evolved through various ownership changes and rebranding, ultimately adopting its current name in 2007. The firm manages around 275 apartment communities, totaling approximately 11,300 units, with a significant portion being subsidized housing. They are recognized as one of the largest managers of affordable housing in the Southeastern United States, operating in states such as North Carolina, South Carolina, Virginia, West Virginia, and Tennessee. Their services include day-to-day management, community engagement, budgeting, and capital projects. The company is also actively involved in community partnerships, supporting various local organizations and initiatives, which reflects their commitment to enhancing the living experience for residents. Their operational focus on quality housing management and resident relations positions them as a significant player in the residential property management industry.
10. Wellington Advisors
- Website: wellingtonadvisors.com
- Ownership type: Private
- Headquarters: High Point, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 2005
- Headcount: 51-200
- LinkedIn: wellington-advisors-llc
Wellington Advisors, based in High Point, North Carolina, is a property management firm that specializes in third-party management of residential properties. Founded in 2005 by Sherrie Parker, the company has grown steadily, managing over 71,000 units across Virginia, North Carolina, South Carolina, and Georgia. Wellington Advisors offers a comprehensive suite of services, including leasing, financial reporting, and back-office support, tailored to meet the needs of private investors and apartment developers. The firm prides itself on its client-first approach, ensuring that the interests of property owners are prioritized. With a team of experienced professionals, Wellington Advisors has built a reputation for enhancing property value and maintaining high occupancy rates. Their focus on training and recruiting quality staff further supports their operational effectiveness in the competitive property management industry.
11. Association Management Group - Carolinas
- Website: amgworld.com
- Ownership type: Private
- Headquarters: Greensboro, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1984
- Headcount: 51-200
- LinkedIn: association-management-group---carolinas
Association Management Group - Carolinas (AMG) is a private property management firm based in Greensboro, North Carolina, with a history dating back to 1984. The company specializes in community association management, providing a comprehensive suite of services tailored to the needs of homeowners associations (HOAs) and condominiums. AMG's offerings include financial management, administrative support, facility maintenance, and various services aimed at enhancing community living. With physical offices in Greensboro, Winston-Salem, Charlotte, and Raleigh/Durham, NC, as well as locations in Greenville and Aiken, SC, AMG has a significant footprint in the Carolinas. The company prides itself on customer satisfaction, utilizing a customer relationship management system to track requests and work orders, achieving satisfaction rates of nearly 98%. AMG's commitment to professional management and community support positions it as a notable player in the residential property management sector.
12. Westminster Company
- Website: westminstercompany.com
- Ownership type: Private
- Headquarters: Greensboro, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1978
- Headcount: 51-200
- LinkedIn: westminstercompany
Westminster Company, based in Greensboro, North Carolina, is a private property management firm that specializes in managing residential properties across North Carolina, South Carolina, and Virginia. Established in 1978, the company has built a reputation for prioritizing resident satisfaction and community engagement. They provide a comprehensive suite of services, including property management, investment management, and accounting, tailored to meet the needs of property owners and residents alike. Westminster Company is particularly noted for its commitment to affordable housing, working closely with government agencies to provide essential housing solutions for low-income and elderly residents. Their proactive approach includes various resident services, such as educational programs and community activities, aimed at fostering a supportive living environment. The company has received multiple awards for its management practices and community initiatives, reflecting its dedication to excellence in property management.
13. Southwood Realty Co.
- Website: southwoodrealty.com
- Ownership type: Private
- Headquarters: Gastonia, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1977
- Headcount: 501-1000
- LinkedIn: southwood-realty
Southwood Realty Co. is a property management firm based in Gastonia, North Carolina, specializing in the leasing of residential apartments. Established in 1977, the company has grown from managing just 12 apartment units to overseeing more than 100 communities across several states, including North Carolina, South Carolina, Tennessee, Georgia, and Virginia. With a workforce of approximately 500 employees, Southwood Realty is one of the significant employers in Gaston County. The company prides itself on offering a variety of apartment styles and community amenities, catering to the needs of individuals and families seeking quality rental housing. Their commitment to enhancing the living experience is evident in their focus on customer service and community engagement. Southwood Realty continues to expand its portfolio through the construction of new apartment communities and the acquisition of existing properties, solidifying its position in the residential property management industry.
14. Henderson Properties
- Website: hendersonproperties.com
- Ownership type: Family Owned
- Headquarters: Charlotte, North Carolina, United States (USA)
- Employee distribution: United States (USA) 93%, Nigeria 7%
- Founded year: 1990
- Headcount: 51-200
- LinkedIn: henderson-properties
Henderson Properties is a family-owned real estate agency based in Charlotte, North Carolina, founded in 1990. The company provides a comprehensive range of services, including property management, home sales, and renovation services. With a dedicated team of professionals, Henderson Properties manages over 800 investment properties, catering to homeowners, investors, and residents in the Charlotte area and surrounding counties. Their approach combines local expertise with a commitment to customer service, ensuring that clients receive personalized support throughout their real estate journey. The company prides itself on its transparent processes and effective communication, which are essential in the property management industry. Henderson Properties also emphasizes the importance of maintenance and renovations, offering in-house services to enhance property value and tenant satisfaction. Their long-standing presence in the market and focus on property management make them a significant player in the residential real estate sector.
15. Park Avenue Properties, a PURE Property Management Company
- Website: parkaveproperties.com
- Ownership type: Private
- Headquarters: Cornelius, North Carolina, United States (USA)
- Founded year: 2007
- Headcount: 201-500
- LinkedIn: park-avenue-properties-llc
Park Avenue Properties, a PURE Property Management Company, is a private firm based in Cornelius, North Carolina, specializing in residential property management. Established in 2007, the company has built a reputation for effectively managing residential properties across various locations in North Carolina, including Asheville and Charlotte. They offer a comprehensive suite of services, including tenant placement, maintenance coordination, and financial management, aimed at maximizing property value and ensuring client satisfaction. With a team that boasts over 2,000 years of collective property management experience, Park Avenue Properties leverages technology to streamline operations and enhance the client experience. Their commitment to local expertise and responsive service positions them as a significant player in the residential property management industry.
16. SPM Residential Services
- Website: wilmingtonforrent.com
- Ownership type: Family Owned
- Headquarters: Wilmington, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1987
- Headcount: 11-50
- LinkedIn: sweyer-property-management
SPM Residential Services, established in 1987, is a family-owned property management firm based in Wilmington, North Carolina. The company specializes in managing residential properties, offering services that include tenant placement, property management, and maintenance coordination. With a team of 25 employees, SPM Residential Services focuses on creating a seamless rental experience for property owners and tenants alike. Their approach emphasizes maximizing cash flow and minimizing expenses for property owners while ensuring tenants find suitable homes. The company has built a reputation for its customer service and its ability to stay informed about local market trends, which is crucial for effective property management. SPM Residential Services operates primarily in Wilmington and its surrounding areas, including Wrightsville Beach and Brunswick County, making it a key player in the local property management market.
17. Charter Properties, Inc
- Website: charterproperties.com
- Ownership type: Private
- Headquarters: Charlotte, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1970
- Headcount: 11-50
- LinkedIn: charter-properties-inc
Charter Properties, Inc. is a private real estate investment, development, and management firm based in Charlotte, North Carolina. Founded in 1970, the company specializes in multi-family apartment communities across the Carolinas. With a focus on creating appealing and financially accessible living spaces, Charter Properties has developed over 10,000 apartments and manages a portfolio that includes both residential and commercial properties. The firm prides itself on its commitment to quality design and craftsmanship, ensuring that each community not only meets the needs of its residents but also enhances the surrounding neighborhood. Charter Properties is also known for its community involvement and dedication to sustainable practices, which further solidifies its role in the residential property management sector.
18. Ginkgo Residential
- Website: ginkgores.com
- Ownership type: Private
- Headquarters: Charlotte, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1985
- Headcount: 51-200
- LinkedIn: ginkgo-residential
Ginkgo Residential is a property management firm based in Charlotte, North Carolina, specializing in high-quality, affordable housing and renovation services. Established in 1985, the company has built a reputation for creating exceptional living experiences for residents while effectively managing investments for external stakeholders. Ginkgo operates primarily in North and South Carolina, emphasizing energy efficiency and environmentally friendly practices. Their services include property management, renovations, acquisitions, and asset management, all aimed at enhancing the value of their communities. Ginkgo is also committed to social responsibility, engaging in volunteer work and community support through their 'Ginkgo Gives Back' initiative. This holistic approach to property management not only focuses on the physical aspects of housing but also prioritizes the well-being of residents and the environment.
19. Sexton Properties
- Website: sextonproperties.com
- Ownership type: Private
- Headquarters: Ennice, North Carolina, United States (USA)
- Employee distribution: United States (USA) 100%
- Founded year: 1962
- Headcount: 11-50
- LinkedIn: sexton-properties
Sexton Properties, operating under The Sexton Companies, is a property management firm based in Ennice, North Carolina. Founded in 1962, the company specializes in managing apartment rentals and providing property management services. They cater primarily to individuals and families seeking quality rental housing. Sexton Properties emphasizes the importance of well-maintained properties and strives to create a positive living experience for its residents. The company is privately owned and employs a team of 23 professionals, all based in the United States. Their operations reflect a commitment to customer service and community involvement, which are essential in the residential property management industry.
Residential Property Management Insights: Key Companies in North Carolina
Company | Headquarter | Size | Founded | Ownership |
---|---|---|---|---|
Steven D. Bell & Company | Greensboro, North Carolina, United States (USA) | 1001-5000 | 1976 | Private Equity |
Phillips Management Group | Greensboro, North Carolina, United States (USA) | 51-200 | 1959 | Family Owned |
Capstone Multi-Family Group | Gastonia, North Carolina, United States (USA) | 51-200 | 2009 | Private |
My Niche Apartments | Charlotte, North Carolina, United States (USA) | 51-200 | 1961 | Private |
Hawthorne Residential Partners | Greensboro, North Carolina, United States (USA) | 1001-5000 | 2009 | Private |
Landura Management Associates | Winston-Salem, North Carolina, United States (USA) | 201-500 | 1973 | Private |
Ticon Properties LLC | Durham, North Carolina, United States (USA) | 11-50 | 1972 | Private |
Elite Management Professionals, Inc. | Raleigh, North Carolina, United States (USA) | 51-200 | 2000 | Private |
Partnership Property Management | Greensboro, North Carolina, United States (USA) | 201-500 | 2007 | Private |
Wellington Advisors | High Point, North Carolina, United States (USA) | 51-200 | 2005 | Private |
Association Management Group - Carolinas | Greensboro, North Carolina, United States (USA) | 51-200 | 1984 | Private |
Westminster Company | Greensboro, North Carolina, United States (USA) | 51-200 | 1978 | Private |
Southwood Realty Co. | Gastonia, North Carolina, United States (USA) | 501-1000 | 1977 | Private |
Henderson Properties | Charlotte, North Carolina, United States (USA) | 51-200 | 1990 | Family Owned |
Park Avenue Properties, a PURE Property Management Company | Cornelius, North Carolina, United States (USA) | 201-500 | 2007 | Private |
SPM Residential Services | Wilmington, North Carolina, United States (USA) | 11-50 | 1987 | Family Owned |
Charter Properties, Inc | Charlotte, North Carolina, United States (USA) | 11-50 | 1970 | Private |
Ginkgo Residential | Charlotte, North Carolina, United States (USA) | 51-200 | 1985 | Private |
Sexton Properties | Ennice, North Carolina, United States (USA) | 11-50 | 1962 | Private |
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