Best Property Management Companies

Founded in 1993 and headquartered in Charleston, South Carolina, Greystar has grown into 227 markets globally, with $26 billion in global development assets.

The company offers end-to-end property management services, such as:

• Property operations
• Financial services
• Master insurance programs
• Procurement
• Training and education
• Marketing and communications
• IT

Greystar specializes in managing active adult communities, multifamily properties, collegiate housing, and flexible corporate housing.

Greystar’s fees for their property management services will depend on the type and size of the property, its condition and location, and the extent of services that you need. Aside from the monthly management fee and initial setup fee, you’ll also negotiate fees for tenant placement, vacancy, eviction, early termination, and maintenance, among others. 

With offices in Des Moines and Dallas, BH Management Services has been managing properties across the U.S. since 1993. It has approximately 2,500 employees and can be hired even in states where it doesn't yet have a presence. 

The company offers services related to architecture and design, construction, equities, and management. It provides owners with accounting, operations, marketing, IT, business intelligence services, and reporting services. The company hires and trains local management staff for your property.

The company only manages residential real estate properties. Its Smart Home Technology program promotes buzz about properties in their respective areas. The Green Conservation program creates healthy buildings and attracts further attention.

BH Management Services doesn't discuss specific fees until it's engaged by a prospective owner to discuss the scope of services for a specific property. However, the size of the property, building class, and scope of services you negotiate will impact your cost. The breakdown of these fees may include the initial setup fee, monthly management fee (flat fee or percentage of rent collected), tenant placement fee, and marketing and lease-up costs. 

The online resident portal is available for the convenience of making rental payments and renewing leases.

Established in Australia and expanded into the U.S. in the 1980s, Colliers has become a household name. Of the 65 countries where it operates, the U.S. is the biggest contributor to the business.

The company has expertise in capital markets, landlord representation, project management, real estate management services, valuation and advisory, securities, mortgage, insurance, engineering, and design.

Colliers International is highly specialized in commercial property types such as office, retail, industrial, hotels, healthcare, special purpose, and multifamily. Property management services include building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract management, and construction management.

Property management fees are typically calculated as a percentage of the rent collection, and the full scope of your costs will be negotiated in the specific proposal Colliers brings to the table. Location, property size and occupancy, and which services you need will dictate your contract costs. 

The company launched multiple technology platforms for its owners. One of these is Neighborhood Curated by Colliers, which centers on real-time use of information, cybersecurity, and community staffing. The other is Colliers360, which provides in-depth portfolio analysis.

Honing its customer service since 1965, the Lincoln Property Company has a proven success record, acquiring more than $6 billion in multifamily projects and developing 220,000 units worth more than $14 billion.

Beyond its traditional residential property management services, Lincoln also stands out for its Service Organization Control compliancy. This ensures that the buildings it manages meet independent, third-party standards in management, accounting, and IT. 

Costs vary per contract but typically include setup, management, new tenant placement, and lease renewal fees. 

Lincoln provides owners with property management, marketing, accounting, purchasing, revenue management, and market analysis reports. The company’s business intelligence tool for owners, called propertyBI, is web-based and mobile-compatible.

AMC manages over 135,000 units over 800 properties across 29 states. Clients include private equity firms, institutional investment firms, and single asset owners. The company ranked sixth on the National Multifamily Housing Council’s list of largest apartment managers in the United States in 2022.

AMC serves residential multifamily owners with the following services:

• Capital budgeting
• Project management
• Training programs
• Accounting and banking

The onboarding process includes a financial statement review, market reviews, capital improvements, physical condition reports, and an overall monthly summary of operations. Owners can access real-time property performance information online.

The company goes into impressive depth with over 10 different reports available.

Costs are negotiated and customized but most include a setup fee, fees to lease out vacant apartments and tenant renewals, as well as management and maintenance fees. Location, property size, and the condition of the building will influence your proposed contract costs.

Buildium was founded by two property managers in Rhode Island in 2004 who simplified their tasks by developing software to handle them. Now headquartered in Boston, Buildium has more than 14,000 customers and has appeared on the Inc. 5000 list for multiple years. Buildium is a great fit for residential properties related to community associations, student housing, affordable housing, and more.

Every price plan comes with accounting, maintenance, tasks, violations, resident and board member communications, and online portals. Other top features include a free marketing website, new client leads, property inspections, tenant screening, eLeases, online payments, reports, and support.

Reports cover accounting, operations, and leasing in a wealth of specific sub-categories, all with an online and mobile user interface for the owner. You can even give your local property manager access to your account to further enhance efficiencies and reporting accuracy while minimizing your effort.

Price Plans:

• Essential, starting at $52 per month
• Growth, starting at $166 per month
• Premium, starting at $479 per month
  

Established in the 1970s, Winn saw the potential for sustainable, affordable housing and now provides property management for affordable housing, the military, commercial, and luxury residential developments. The company is able to manage properties nationwide but currently manages in 23 states and Washington, D.C.

Winn ensures that properties are maintained to the highest environmental and community standards. Serving both commercial and residential properties, Winn can manage a wide range of building types.

Winn provides operations, maintenance, leasing, and financial services. Its environmental expertise adds further value to the buildings it manages. For example, in addition to solar programs and other energy retrofits, Winn strives to improve building system efficiencies like mechanical, lighting, building envelope, insulation, air sealing, boilers, ventilation, air conditioning, and water conservation.

Fees are covered in its confidential proposals to property owners. 

Winn provides reporting on a wide range of items. For affordable housing clients, Winn will do monthly audits as needed to ensure compliance and minimize risk. There is no standard online platform that owners can use to monitor their properties, but one may be customized, if requested.

Vacasa was started in 2009. Founder and vacation property owner, Eric Breon had struggled to find a property manager that could offer a professional rental experience for his vacationers and turn in a strong financial performance for his property. Today Vacasa has 35,000 vacation homes under management serving three million guests each year. 

Vacasa offers a full package of services for your needs in the residential vacation home industry. It includes cleaning, financial records, 24-hour local guest support, 3D online home tours, professional writing and photography, streamlined reservation management, and thorough housekeeping after every stay. 

Costs depend on a number of factors. However, Vacasa promises one fee for all essential services. It has a “no nickel-and-diming” policy and has sworn off hidden fees. 

Unlike other property management companies, Vacasa addresses costs and fees in detail. It explains its guest-facing fee structure and what contributes to your customized owner management fee (such as assisting owners with vacation rental permitting, public relations, and social media).

Owners also can stay on top of their homes’ financial reporting and bookings using the online homeowner portal.