Top 8 Property Management Companies in the USA

commercial property management companies

Property management is a very dedicated job and the companies are responsible for managing multiple properties at the same time. The building owners usually hire special companies that can manage various activities in building in their place. These companies can collect rent, carry out necessary repairs and maintenance, and even marketing for the owners. They provide an optimal solution to the stakeholders and maximize profits without carrying day-to-day responsibilities. It is a highly profitable business that pulls a lot of people towards it. If you want your company to be listed among the top 10 property management companies in Brandon FL, then learn a few things from the following companies. 

Cushman & Wakefield 

Cushman & Wakefield is one of the largest property management companies in the USA. It was founded in 1917 and currently operates in thirty states and sixty countries. After acquiring Pinnacle which is the third largest property management company in the US it became unstoppable. The company manages both residential and commercial properties. The total commercial area managed by this particular company is roughly seven hundred million square feet. The company manages daily operations including finances and expenses, property maintenance and improvements, leasing and renting, and a lot more. If you want your company to be a top-notch property management company in Brandon FL, you should follow in their footsteps.

Coldwell Banker Richard Ellis (CBRE)

Coldwell Banker Richard Ellis was founded in 1920 and is one of the world’s largest commercial property management companies. The immensity of the company can be seen by the fact that they manage about 2.7 billion square feet of area around the globe. It is an enormous company with over a hundred years of experience and has employed countless employees. The company was also recognized for excellence in commercial building management by BOMA (Building Managers and Owners Association). Together with project management, CBRE offers about 20 distinct services to property owners and residents. 

Greystar Real Estate Partners 

Greystar isn’t a hundred years old company, yet they have years of experience. Founded in 1993 and committed to serve the residents, owners, and all stakeholders with its high-quality property management services. it was ranked among the top 50 US apartment managers by National Multifamily Housing Council. The best thing about this company is that they not only manage the property but invests in the property as well. It is one of the largest residential property managers that is quite popular for great customer service. The company manages a wide range of properties including, high-rise, student living, affordable housing, and senior living properties. 

Franklin Street 

Unlike pioneers, this particular company is quite young and it was founded in 2006. It offers its unique full-site property management services for commercial and residential sectors. The best thing about this company is that it offers on-site staff training and support. Another factor that you should know about this company is that it serves only US East Coast and Southeast. It is one of the fastest-growing local real estate companies in the US. It might be a smaller company but offers a wide range of services including investment sales, insurance services, tenant and landlord representation, property and facilities management, and project management services to its valued customers.   

Equity Residential 

Equity residential was founded in 1967, which makes it a 50 years old company with immense experience in residential management. It is a huge company that holds the 10th position among property management companies. The company manages above 350 properties consisting of over 80k apartments in major US cities including, Boston, New York, Seattle, San Francisco, Denver, and Washington DC. It focuses only on the US market and doesn’t participate in the commercial sector. The best thing about this company is that it combines the resources of a large company with local management expertise to provide custom property management solutions for owners.   

JLL 

Jones Lang LaSalle Incorporated or JLL is another relatively younger companies that have made their name in property management. It was founded in 1999 and an impressive thing about them is that they use advanced technology for building assessment. It is a huge company that manages about 4.6 billion square feet of commercial real estate alone. It is an expert at managing sports venues, research and development facilities, student and senior housing. This company uses end-to-end facilities management platform names Corrigo to automate several facility managements tasks. This platform allows owners to automatically route service requests to suitable technicians and vendors.

BH Management Services 

Founded in 1989 and has about 2400 employees to manage its real estate operations. It is one of the best local choices for residential management. They use Smart Home Technology and Green Conservation program that makes it stand out among the competitors. Another big advantage of using its services is that they manage A, B, and C class properties indiscriminately. This company targets accounting, operations, marketing, IT, business intelligence services as well. It also hires and trains local management staff for your property. 

Colliers International 

It is an Australian company that expanded to the US in 1978. Collier international is a world-class property management service and manages about two billion square feet alone. It is one of the best options for property owners and the biggest advantage of using their management services is that they have real-time reporting for owners. They also provide financial reporting and analysis services to protect your interest. Their experts can improve and enhance a building’s performance which makes it a high potential real estate manager for any property. This company manages properties in 67 countries and has about 18k employees to produce a revenue of $ 3 billion.   

There are countless real estate management companies in the US and there are some very distinct factors that make them different from each other. Each company has its way of charging for the services. Some charge per square feet and some just charge a percentage on the collected rent. Usually, it ranges from 8-12% of the rent. Which means there’s enough room for negotiation for you to bring down the price.

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