The condominium property management industry in Maryland is essential for maintaining and enhancing the value of residential communities. This sector comprises firms specializing in managing various property types, from apartment buildings to specialized condominium associations. The services these companies offer typically include financial management, property maintenance, and community governance. What's particularly interesting about the industry is the growing emphasis on sustainability and technology—many firms now use online platforms to streamline operations and improve communication with residents. Additionally, the industry is adapting to social changes and environmental sustainability priorities, indicating a progression toward modern management practices.


The list features 23 prominent condominium property management companies in Maryland, varying in size from small firms to larger operations. They were founded between 1971 and 2010, with headquarters mainly located in key areas like Silver Spring, Baltimore, and Rockville. Each company specializes in different aspects of property management, including community association services and financial oversight. This array showcases the industry's adaptability and focus on local communities, with many companies concentrating on responsive customer service and tailored management solutions.


Read on to discover the top condominium property management companies in Maryland.


Top 23 Condominium Property Management Companies in Maryland


1. Lighthouse Property Management, ltd.

  • Website: lighthousepm.net
  • Ownership type: Corporate
  • Headquarters: Silver Spring, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: $12.7M, October 2022
  • Founded year: 2001
  • Headcount: 11-50
  • LinkedIn: lighthouse-property-management-ltd-

Lighthouse Property Management, Ltd. is a property management firm based in Silver Spring, Maryland, with a focus on both residential and commercial properties. Founded in 2001, the company has built a reputation for managing homeowners associations, condominium associations, cooperative associations, and apartment buildings. Their services include community management solutions, financial management, and property maintenance, tailored to the unique needs of each community. With a team of certified property managers and financial professionals, Lighthouse aims to enhance communication and transparency through online portals for owners and tenants. The company is also committed to sustainability, actively seeking to manage green buildings that benefit both the environment and residents' health. Their recent funding of $12.65 million in October 2022 indicates a strong financial position and potential for growth in the property management sector.


2. American Community Management


American Community Management (ACM) is a private property management firm based in Linthicum Heights, Maryland, established in 2001. The company specializes in community association management, offering a comprehensive suite of services that includes full-service management, accounting, collections, and maintenance tailored specifically for homeowners associations and condominium communities. ACM prides itself on its commitment to effective communication and financial transparency, which are critical in maintaining property values and community standards. The firm operates primarily in the Mid-Atlantic region, servicing areas in Maryland, Virginia, Washington D.C., Delaware, West Virginia, and Pennsylvania. With a dedicated team of professionals, ACM has built a reputation for responsiveness and professionalism, ensuring that the needs of both the boards of directors and homeowners are met efficiently. Their service offerings are designed to adapt to the specific needs of each community, reflecting their understanding of the complexities involved in property management.


3. CVI (Condominium Venture, Inc.)

  • Website: cviinc.com
  • Ownership type: Private
  • Headquarters: Columbia, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1975
  • Headcount: 11-50
  • LinkedIn: condominium-venture-inc

CVI (Condominium Venture, Inc.) is a property management firm based in Columbia, Maryland, specializing in the management of condominium and community associations. Founded in 1975 by Stephen Bupp, the company has built a reputation for providing high-quality management services tailored to the unique needs of community associations. With a dedicated team of professionals, CVI offers comprehensive financial and operational support, ensuring effective governance and fostering positive relationships among residents. The firm prides itself on its client retention, with over 80% of clients remaining with them for more than a decade. CVI's management team actively participates in continuing education and holds various professional credentials, including the Professional Community Association Manager (PCAM) and the Association Management Specialist (AMS). Their commitment to excellence is further highlighted by their AAMC designation, setting them apart in the property management sector.


4. Aspen Property Management


Aspen Property Management, established in 2006, is a private property management firm based in North East, Maryland. The company specializes in managing homeowner and condominium associations, offering a wide range of services that include governing, financial, administrative, maintenance, and community building. With a dedicated team of approximately 36 employees, Aspen has built a reputation for excellent customer service and a strong commitment to enhancing community life. They currently manage 45 communities across Maryland and Delaware, focusing on maintaining property values and fostering a sense of community among residents. Aspen's approach involves active participation in community meetings, addressing homeowner concerns, and ensuring compliance with association bylaws. Their services are designed to meet the unique needs of each community, reflecting their understanding of the importance of a financially sound association for overall success.


5. The management Group Associates

  • Website: tmgainc.com
  • Ownership type: Private
  • Headquarters: Germantown, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1977
  • Headcount: 11-50
  • LinkedIn: the-management-group-associates

The Management Group Associates (TMGA), based in Germantown, Maryland, has been a prominent player in the property management industry since its inception in 1977. Specializing in the management of homeowners associations, condominiums, and cooperatives, TMGA focuses on enhancing community living and property value. With a team of experienced professionals, the company provides a full suite of services, including property management, financial management, and consulting for builders and developers. TMGA manages approximately 26,600 homes across various communities in Maryland, ensuring that each property is well-maintained and compliant with relevant regulations. Their philosophy emphasizes quality, service, performance, and integrity, which has helped them build long-term relationships with clients. TMGA's commitment to community engagement and operational excellence positions them as a relevant entity in the condominium property management sector.


6. Potomac Valley Management

  • Website: pvmgt.com
  • Ownership type: Private
  • Headquarters: Largo, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2004
  • Headcount: 11-50
  • LinkedIn: potomac-valley-management

Potomac Valley Management, also known as RGN Management Services, Inc., is a property management firm based in Largo, Maryland. Founded in 2004, the company specializes in managing homeowner associations, which include single-family homes, townhouses, and condominiums. With a team of 21 employees, they focus on providing comprehensive management services tailored to the needs of their clients. Their offerings include full management services, financial management, and annual inspections, all aimed at maintaining property standards and enhancing property values. RGN Management Services is a member of the Community Association Institute of the Greater Washington Metropolitan area, which underscores their commitment to professional standards in community management. The company manages approximately 13,000 homeowner doors across 100 communities, demonstrating their significant involvement in the property management industry. Their approach emphasizes cost-effectiveness, efficiency, and a personal touch, which resonates well with the needs of homeowner associations.


7. Comsource Management

  • Website: comsource.com
  • Ownership type: Private
  • Headquarters: Olney, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1971
  • Headcount: 51-200
  • LinkedIn: comsource-management

Comsource Management, based in Olney, Maryland, has been a prominent player in the property management industry since its inception in 1971. The company specializes in community association management, providing services that include condominium and homeowner association management, financial management, and consulting services. With a portfolio that spans over 20,000 units, Comsource caters to a variety of clients, including homeowners associations and cooperatives. Their operational footprint primarily covers the Washington metropolitan area, where they have established a strong presence. The company prides itself on its professional approach, employing a team of certified specialists who bring a wealth of knowledge and experience to the table. Comsource's commitment to maintaining property values and ensuring community satisfaction is evident in their long-standing relationships with clients, some of whom have worked with them for decades. This dedication to service and expertise in the field underscores their relevance in the condominium property management sector.


8. Majerle Management, Inc.

  • Website: accessmmi.com
  • Ownership type: Private
  • Headquarters: Rockville, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1987
  • Headcount: 11-50
  • LinkedIn: majerle-management

Majerle Management, Inc. (MMI) is a property management firm based in Rockville, Maryland, with a focus on serving rental property owners and community associations. Established in 1987, MMI has built a reputation for providing comprehensive management services that include property maintenance, tenant screening, and community governance. The company operates primarily in Central Maryland, specifically in Prince George’s, Howard, and Montgomery Counties. MMI prides itself on its ethical standards and customer service, employing a team of trained professionals who hold various industry certifications. They also emphasize the importance of community engagement and education, offering training for board members and actively participating in local Realtor associations. MMI's approach combines a commitment to improving housing quality with a focus on maintaining or increasing property values for their clients.


9. RE/MAX American Dream

  • Website: americandreamnet.com
  • Ownership type: Private
  • Headquarters: Nottingham, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1996
  • Headcount: 51-200
  • LinkedIn: re-max-american-dream

RE/MAX American Dream, operating under the name American Dream Realty and Management, is a property management firm based in Nottingham, Maryland. Founded in 1996, the company has built a solid reputation in the property management sector, focusing on a variety of property types, including residential, commercial, and homeowners associations (HOAs). Their comprehensive services cater to property owners and landlords, helping them maximize rental income while minimizing management burdens. The company employs a team of trained professionals who handle everything from tenant placement to maintenance and financial reporting. They are licensed as a real estate brokerage in Maryland, ensuring compliance with local regulations. With a strong emphasis on customer service, RE/MAX American Dream has garnered positive feedback from clients, highlighting their dedication to maintaining properties and tenant satisfaction.


10. Abaris Real Estate Management Inc.

  • Website: abarisrealty.com
  • Ownership type: Private
  • Headquarters: Potomac, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1975
  • Headcount: 51-200
  • LinkedIn: abaris-realty-inc.

Abaris Real Estate Management Inc., based in Potomac, Maryland, has been providing property management and real estate services since its inception in 1975. The company specializes in managing condominium, cooperative, and homeowner association communities, primarily serving the Washington, D.C. metropolitan area. Abaris offers a comprehensive suite of services, including property management, financial management, real estate sales, and energy efficiency consulting. Their team consists of experienced community managers and accountants, many of whom hold professional designations such as Professional Community Association Manager (PCAM) and Certified Manager of Community Associations (CMCA). Abaris is also recognized as an Accredited Association Management Company (AAMC) by the Community Association Institute, reflecting their commitment to high standards in property management. The company actively participates in various industry organizations, ensuring they remain informed about best practices and regulatory changes. Abaris Realty has built a reputation for providing personalized and professional service, earning the trust of thousands of homeowners in the communities they manage.


11. Summit Management Services, Inc., AAMC


Summit Management Services, Inc., AAMC, based in Kensington, Maryland, is a private company founded in 2001. It specializes in the management of homeowner associations, condominiums, and mixed-use developments. The firm offers a comprehensive suite of services designed to support community governance and operational efficiency. Their offerings include full-service management, financial management, and tailored proposals to meet the specific needs of their clients. Summit Management prides itself on its professional staff and adherence to best practices in the community associations industry. They aim to relieve boards of directors from day-to-day responsibilities, allowing for a more enjoyable living experience for residents. The company operates solely in community association management, demonstrating a focused approach to their business.


12. Clagett Enterprises, Inc

  • Website: clagett.com
  • Ownership type: Family Owned
  • Headquarters: Frederick, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1987
  • Headcount: 11-50
  • LinkedIn: clagett-enterprises-inc

Clagett Enterprises, Inc. is a family-owned real estate management company based in Frederick, Maryland, with a history dating back to 1987. The firm specializes in a variety of services, including commercial and residential property management, sales, and consulting. With a dedicated team of approximately 33 employees, Clagett Enterprises has built a reputation for effectively managing real estate investments for property owners, investors, and tenants across Maryland, Pennsylvania, Virginia, and West Virginia. Notably, they oversee more than 200 homeowner and condominium associations, providing essential management services that include accounting, maintenance, and community engagement. Their leadership team, with deep roots in local governance and real estate, enhances their ability to navigate the complexities of property management. Clagett Enterprises is also a member of the Community Associations Institute, underscoring their commitment to professional standards in the industry.


13. Bay Property Management Group

  • Website: baymgmtgroup.com
  • Ownership type: Private
  • Headquarters: Baltimore, Maryland, United States (USA)
  • Employee distribution: United States (USA) 95%, Mexico 5%
  • Founded year: 2010
  • Headcount: 51-200
  • LinkedIn: bay-management-group

Bay Property Management Group, founded in 2010 and based in Baltimore, Maryland, is a private property management firm that specializes in managing residential and multi-family properties. With a workforce of approximately 133 employees, the company operates across Maryland, Pennsylvania, Virginia, and Washington D.C. They provide a comprehensive suite of services, including property maintenance, leasing, and financial reporting, tailored to meet the needs of property owners and tenants alike. The company manages over 6,000 units and boasts a remarkably low eviction rate of less than 1%, reflecting their commitment to effective tenant management. Their average time for rental properties to be on the market is just 23 days, showcasing their efficiency in leasing. Bay Property Management Group also emphasizes customer service, with property managers available 24/7 to address client needs. Their proactive approach and focus on reducing expenses for investors further solidify their position in the property management industry.


14. Wallace H. Campbell & Co.

  • Website: whcampbell.com
  • Ownership type: Family Owned
  • Headquarters: Baltimore, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1952
  • Headcount: 51-200
  • LinkedIn: wallace-h-campbell-%26-co-inc-

Wallace H. Campbell & Co. is a family-owned property management firm based in Towson, Maryland, with a history dating back to 1952. The company specializes in a range of real estate services, including property management, asset management, and consulting. With a workforce of 51-200 employees, they have established themselves as a significant player in the property management industry, particularly in the condominium and homeowners association sectors. Their portfolio showcases a variety of projects, including healthcare facilities, commercial properties, and condominiums. Notably, they were pioneers in managing one of the first condominium associations in Maryland, and their founders played a crucial role in developing the legislation that governs property management in the state. This deep-rooted involvement in the industry, along with their commitment to integrity, service, and innovation, positions them as a reliable choice for property management needs.


15. Paul Associates, Inc

  • Website: paulassociatesinc.com
  • Ownership type: Private
  • Headquarters: Chevy Chase, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1976
  • Headcount: 11-50
  • LinkedIn: paul-associates-inc

Paul Associates, Inc., now known as The Nabo Group, LLC, was founded in 1976 and is based in Chevy Chase, Maryland. The company specializes in community management, focusing on homeowners associations and condominiums. They provide a comprehensive suite of services, including financial management, technology solutions, and administrative support, aimed at helping community boards effectively manage their properties. With a dedicated team of 26 employees, they have built a solid portfolio, managing approximately 2,500 doors across 30 communities. Their approach emphasizes the use of technology to streamline operations and improve communication within communities. The Nabo Group has also established partnerships with vetted vendors to ensure quality service delivery. The company has not reported any funding, indicating a self-sustained operational model.


16. Tidewater Property Management, Inc


Tidewater Property Management, Inc. is a family-owned property management and real estate agency based in Owings Mills, Maryland. Founded in 1989, the company has built a solid reputation for providing comprehensive property management services, including community association management, rental management, and property maintenance. They serve property owners and tenants across Maryland and Washington, D.C., addressing various property management challenges and facilitating real estate transactions. Tidewater's services extend to condominium management, where they handle essential tasks such as financial oversight, maintenance inspections, and tenant relations. With a team of experienced professionals, they emphasize exceptional customer service and support, including 24/7 emergency assistance. Their commitment to understanding the unique needs of each property owner has made them a trusted resource in the property management sector.


17. Property Management People, Inc.

  • Website: pmpbiz.com
  • Ownership type: Private
  • Headquarters: Frederick, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1980
  • Headcount: 51-200
  • LinkedIn: property-management-people

Property Management People, Inc. (PMP) is a privately held property management firm based in Frederick, Maryland, with additional offices in Gaithersburg, Leesburg, and Kearneysville. Founded in 1980 by Rose and Ed Thomas, the company initially focused on real estate sales before pivoting to property management. Over the years, PMP has developed a strong reputation for providing comprehensive management services tailored to community associations and individual residential properties. They emphasize tenant satisfaction and property maintenance, ensuring that both property owners and residents receive attentive service. PMP has earned an A+ rating from the Better Business Bureau, reflecting their commitment to high standards of integrity and customer service. The company is also a member of the National Association of Residential Property Managers (NARPM), which underscores their dedication to ongoing professional development and adherence to industry best practices. With over 40 years of experience, PMP is well-equipped to navigate the complexities of property management, making them a reliable partner for condominium associations.


18. Pelican Property Management

  • Website: pelicanmgt.com
  • Ownership type: Private
  • Headquarters: Towson, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2014
  • Headcount: 11-50
  • LinkedIn: pelican-property-management

Pelican Property Management, based in Towson, Maryland, is a private property management firm founded in 2014 by Jordan A. Levine and Joseph C. Rector. The company specializes in managing homeowners associations (HOAs), condominiums, and commercial properties. With a team of 24 employees, Pelican focuses on providing comprehensive management services that include financial management, property maintenance, and general contracting. Their innovative approach integrates technology to streamline operations and improve communication with residents and property owners. Pelican has built a solid reputation in the Maryland market, evidenced by positive client testimonials that highlight their professionalism and responsiveness. The firm is dedicated to transforming the property management experience, making it more efficient and resident-friendly.


19. Bozzuto

  • Website: bozzuto.com
  • Ownership type: Family Owned
  • Headquarters: Greenbelt, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1988
  • Headcount: 1001-5000
  • LinkedIn: the-bozzuto-group

Bozzuto, founded in 1988 and based in Greenbelt, Maryland, is a family-owned real estate company that specializes in property management, construction, development, and homebuilding. With a workforce of approximately 2,687 employees, Bozzuto manages a significant number of luxury apartment communities across the United States. The company is dedicated to creating exceptional living experiences for its residents, focusing on quality service and community engagement. Bozzuto's approach to property management emphasizes understanding resident needs and fostering a sense of belonging within their communities. They have successfully managed over 100,000 residences and have developed more than 50,000 homes and apartments, showcasing their extensive involvement in the real estate industry. Their commitment to excellence has earned them numerous accolades, including recognition as the top property management company based on resident ratings for seven consecutive years.


20. Thornhill Properties Incorporated


Thornhill Properties Incorporated, based in Baltimore, Maryland, is a family-owned property management and real estate brokerage firm that has been serving the community for over 35 years. Founded in 1986, the company offers a comprehensive range of services, including property management, commercial brokerage, and residential apartment rentals. Thornhill Properties prides itself on providing personalized service and strategic planning to enhance the efficiency of real estate transactions. Their clientele includes individual consumers seeking homes and businesses looking for commercial spaces. The firm specializes in full-service management for commercial, mixed-use, and residential properties, including community associations, which positions them well within the condominium management sector. Their in-house approach to property maintenance and tenant management ensures a hands-on, attentive service tailored to the specific goals of their clients. With a dedicated team of professionals, Thornhill Properties continues to build strong relationships within the Baltimore real estate market.


21. Habitat America, LLC

  • Website: habitatamerica.com
  • Ownership type: Private
  • Headquarters: Annapolis, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1988
  • Headcount: 51-200
  • LinkedIn: habitatamerica

Habitat America, LLC, founded in 1988 and based in Annapolis, Maryland, is a private property management firm that specializes in managing apartment communities. The company operates across several states, including Maryland, Delaware, Pennsylvania, Virginia, and Washington, D.C. Habitat America focuses on a range of living options, from affordable housing to senior living communities, emphasizing the importance of creating positive living experiences for residents. With a workforce of approximately 239 employees, the company manages over 11,727 units across 118 communities. Their services include leasing and compliance management, property maintenance, and marketing management, all tailored to enhance the living experience and property value. Habitat America has built a reputation for professionalism and responsiveness, making them a trusted partner in property management.


22. Grady Management, Inc.

  • Website: gradymgt.com
  • Ownership type: Private
  • Headquarters: Silver Spring, Maryland, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1965
  • Headcount: 201-500
  • LinkedIn: grady-management

Grady Management, Inc., founded in 1965, is a private real estate management firm based in Silver Spring, Maryland. The company specializes in residential and commercial property management, as well as consulting services. With a workforce of approximately 225 employees, Grady Management oversees a portfolio that includes over 50,000 apartment units across more than 160 locations in Maryland and Virginia. Their mission focuses on maintaining property quality while enhancing investment returns for owners and providing residents with desirable living conditions. Grady Management has also been recognized for its commitment to energy conservation and sustainability, implementing various green initiatives to reduce environmental impact. The firm holds the prestigious AMO designation, placing it among the top 3% of management companies nationwide. This accreditation reflects their dedication to professional excellence and integrity in property management.


23. CAPREIT, Inc.

  • Website: capreit.com
  • Ownership type: Private
  • Headquarters: Rockville, Maryland, United States (USA)
  • Employee distribution: United States (USA) 93%, Canada 6%, Other 2%
  • Founded year: 1993
  • Headcount: 201-500
  • LinkedIn: capreit-inc-

CAPREIT, Inc. is a property management and real estate investment company based in Rockville, Maryland, established in 1993. The firm specializes in multifamily housing, providing a wide range of services that include property management, construction, and asset management. With a workforce of approximately 247 employees, CAPREIT operates primarily in the United States, with a small presence in Canada. The company manages over 15,000 multifamily units, demonstrating its capacity and expertise in the sector. CAPREIT is committed to enhancing the living experiences of residents while delivering value to property owners and investors. Their approach combines traditional property management practices with modern technology, ensuring efficient operations and high-quality service. CAPREIT has navigated various economic challenges over the years, maintaining strong relationships within the industry and adapting to changing market conditions. Their focus on accountability, communication, and integrity underpins their operations, making them a reliable partner in the multifamily housing market.



Condominium Property Management Insights: Key Companies in Maryland


CompanyHeadquarterSizeFoundedOwnership
Lighthouse Property Management, ltd.Silver Spring, Maryland, United States (USA)11-502001Corporate
American Community ManagementLinthicum Heights, Maryland, United States (USA)51-2002001Private
CVI (Condominium Venture, Inc.)Columbia, Maryland, United States (USA)11-501975Private
Aspen Property ManagementNorth East, Maryland, United States (USA)11-502006Private
The management Group AssociatesGermantown, Maryland, United States (USA)11-501977Private
Potomac Valley ManagementLargo, Maryland, United States (USA)11-502004Private
Comsource ManagementOlney, Maryland, United States (USA)51-2001971Private
Majerle Management, Inc.Rockville, Maryland, United States (USA)11-501987Private
RE/MAX American DreamNottingham, Maryland, United States (USA)51-2001996Private
Abaris Real Estate Management Inc.Potomac, Maryland, United States (USA)51-2001975Private
Summit Management Services, Inc., AAMCKensington, Maryland, United States (USA)11-502001Private
Clagett Enterprises, IncFrederick, Maryland, United States (USA)11-501987Family Owned
Bay Property Management GroupBaltimore, Maryland, United States (USA)51-2002010Private
Wallace H. Campbell & Co.Baltimore, Maryland, United States (USA)51-2001952Family Owned
Paul Associates, IncChevy Chase, Maryland, United States (USA)11-501976Private
Tidewater Property Management, IncOwings Mills, Maryland, United States (USA)51-2001989Family Owned
Property Management People, Inc.Frederick, Maryland, United States (USA)51-2001980Private
Pelican Property ManagementTowson, Maryland, United States (USA)11-502014Private
BozzutoGreenbelt, Maryland, United States (USA)1001-50001988Family Owned
Thornhill Properties IncorporatedBaltimore, Maryland, United States (USA)51-2001986Family Owned
Habitat America, LLCAnnapolis, Maryland, United States (USA)51-2001988Private
Grady Management, Inc.Silver Spring, Maryland, United States (USA)201-5001965Private
CAPREIT, Inc.Rockville, Maryland, United States (USA)201-5001993Private


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