Rochester Management
Rochester Management, Inc. is a Rochester, NY-based nonprofit founded in 1949 that develops and manages over 3,700 units of affordable housing across 23 communities in upstate New York, serving seniors, families, veterans, and low-income residents through HUD, LIHTC, and Mitchell-Lama programs.
- Company typePrivate
- Founded1949
- HeadquartersRochester, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Rochester Management does
Rochester Management, Inc. is a nonprofit affordable housing developer and property manager headquartered at 249 Norton Village Lane, Rochester, New York, founded in January 1949 to address the post-WWII veteran housing shortage. The organization operates and manages a portfolio of over 3,700 residential units across 23 communities in upstate New York (Rochester, Canandaigua, Syracuse, Newark, Irondequoit, and Utica), spanning senior housing (55+ and 62+), family rentals, townhomes, and supportive housing for residents needing service coordination. Core services are organized into two business lines: Property Management Services (resident screening, leasing, tax credit compliance, maintenance, rent collection, accounting) and Residential Development Services (site selection, feasibility analysis, funding identification, construction management, lease-up).
The underlying technology platform is a conventional web-based property management system with 3D virtual tours for prospective residents and online rent payment via payrentchex.com. New construction incorporates energy-efficient features (LED lighting, Energy Star appliances, high-efficiency furnaces) often co-funded by NYSERDA. The RAD (Rental Assistance Demonstration) program is used during renovations to preserve and expand resources for residents. The firm has completed $43.7 million in capital improvements and $37.5 million in renovation/construction over the past 25 years.
The business model combines three revenue streams: recurring monthly rental income from 3,700+ units (typically $332-$1,170 depending on unit type and income eligibility, with many units priced at 30% of adjusted gross income); real estate development fees on affordable housing construction projects funded through LIHTC, HUD, Mitchell-Lama, and state/local programs; and third-party property management fees for nonprofit owners including CDS Life Transitions, Brighton Towers Redevelopment LLC, and Tri-Veterans Housing LLC. Customer segments include seniors, families earning 50-80% of Area Median Income, veterans, students, and faith-based community development partnerships (First Genesis Baptist Church, Zion Hill Missionary Baptist Church). Leadership: Scott Procious serves as President & CEO (since January 2024), succeeding Peggy Hill; Tammy Dudley joined as CFO in 2024. Headcount is 135 full-time employees plus approximately 50 seasonal student-aged employees.
Rochester Management firmographics
Firmographics- Name
- Rochester Management
- Legal name
- Rochester Management, Inc.
- Website
- https://rochestermanagement.com
- Company type
- Private
- Founded year
- 1949
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Rochester Management, Inc. is a Rochester, NY-based nonprofit founded in 1949 that develops and manages over 3,700 units of affordable housing across 23 communities in upstate New York, serving seniors, families, veterans, and low-income residents through HUD, LIHTC, and Mitchell-Lama programs.
- Ownership category
- akta.pro rank
Rochester Management industry classification
Industry- Product category
- Affordable Housing Property Management
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)
- akta.pro secondary industries
- Affordable & Public Housing Asset Management (BPAJAMAI), Multifamily Apartment Property Management (BPAJAFAA), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ)
Keywords
Where Rochester Management is headquartered
LocationHeadquarters
- HQ city
- Rochester
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Rochester Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Technology or R&D
Revenue model
- Residential Rental Income: Monthly rent payments from residents across 3,700+ units. Rent pricing varies by unit type (studio, 1BR, 2BR), location, and income-based eligibility requirements under various affordable housing programs.
- Real Estate Development Services: Development fees and project management services for affordable housing construction projects, funded through partnerships with government agencies and tax credit programs.
- Property Management Fees: Management services for properties owned by other nonprofit organizations, providing oversight, maintenance, and tenant relations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Cobbs Hill Village Senior Living - Studio units |
| Subscription | Monthly | Cobbs Hill Village - One Bedroom units |
| Subscription | Monthly | Cobbs Hill Village - Two Bedroom units |
| Subscription | Monthly | Cobbs Hill Village - Two Bedroom Townhouses |
| Subscription | Monthly | Wilcox Lane Senior Apartments - One Bedroom |
| Subscription | Monthly | Wilcox Lane Senior Apartments - Two Bedroom |
| Subscription | Monthly | Brighton Towers Senior Living - Studio |
| Subscription | Monthly | Brighton Towers Senior Living - One Bedroom |
| Subscription | Monthly | Tryon Estates - Two Bedroom Townhomes |
| Subscription | Monthly | Westfall Heights - Two Bedroom Townhomes |
| Subscription | Monthly | Seth Green Park - Studio |
| Subscription | Monthly | Seth Green Park - One Bedroom |
| Subscription | Monthly | Seneca Towers - Studio |
| Subscription | Monthly | Seneca Towers - One Bedroom |
| Subscription | Monthly | Plymouth Gardens - Studio |
| Subscription | Monthly | Plymouth Gardens - One Bedroom |
| Subscription | Monthly | Zion Hill Senior Housing - One Bedroom |
| Subscription | Monthly | 80 Parrish Street - One Bedroom |
| Subscription | Monthly | Meadow Reserve of Irondequoit - One Bedroom |
| Subscription | Monthly | Meadow Reserve of Irondequoit - Two Bedroom |
| Subscription | Monthly | Johnson Park Green - One Bedroom |
| Subscription | Monthly | Johnson Park Green - Two Bedroom |
| Subscription | Monthly | Johnson Park Green - Three Bedroom |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Rochester Management product offering
Product offeringCore offering
Rochester Management, Inc. is a nonprofit real estate management firm that develops, owns, and manages affordable rental housing communities across upstate New York. The organization operates a portfolio of over 3,700 residential units across 23 communities serving seniors, families, veterans, and low-income households through HUD, Mitchell-Lama, and Low-Income Housing Tax Credit programs. Its two core service lines are Property Management Services (tenant screening, leasing, maintenance, tax credit compliance) and Residential Development Services (site selection, feasibility, funding, construction management, lease-up).
Product overview
Rochester Management is a nonprofit affordable housing property management and development organization serving the Rochester, New York area since 1949. The company operates a portfolio of approximately 3,700 residential units across 23 communities in Rochester, Canandaigua, Syracuse, and Utica. The core offerings include Property Management Services (handling resident screening, leasing, tax credit compliance, maintenance, and accounting) and Residential Development Services (site selection, feasibility analysis, funding, construction management, and lease-up). The property portfolio includes senior housing communities (55+ and 62+), family housing, and supportive housing, with properties such as Zion Hill Senior Housing, Cobbs Hill Village, Meadow Reserve at Irondequoit, Brighton Towers, Seneca Towers, Plymouth Gardens, Norton Village, and others providing affordable housing options with various amenities including virtual tours, online rental applications, and emergency maintenance services.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Management Services
- Residential Development Services
- Cobbs Hill Village Senior Living Apartments
- Meadow Reserve at Irondequoit
- Zion Hill Senior Apartments
Quantifiable outcome
- Over 3,700 units managed across Rochester, Canandaigua, and Syracuse
- +3 more outcomes
Companies that use Rochester Management
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
Rochester Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Rochester Management partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- First Genesis Baptist ChurchcoreFaith-based development partnership to build 22 single-family homes in underserved Upper Falls neighborhood. $13 million project funded through state and local programs. Rochester Management serves as project developer.
- Zion Hill Missionary Baptist ChurchcoreJoint venture for Zion Hill Senior Apartments (45 units, $13.5M) and ongoing faith-based housing developments. Church provides outreach programs and cooperative programming with SWAN.
- Rochester Regional HealthcoreHealthcare partnership providing on-site evaluation of residents' medical needs, service coordinators linking residents to providers, transportation to non-urgent medical appointments. Active at Meadow Reserve, Irondequoit Senior Housing, and Zion Hill.
- SWBRcoreArchitectural services partner for multiple projects including Irondequoit Senior Housing and Cobbs Hill Village redevelopment. Expertise in practical senior housing design.
- LeCesse ConstructioncoreGeneral contractor/builder for Meadow Reserve at Irondequoit ($20.4M, 80 units) completed April 2022.
- Pike Construction ServicescoreGeneral contractor for Cobbs Hill Village $36.9M three-phase renovation initiative (2023-2026).
- Atlas ConstructioncoreBuilder for First Genesis Baptist Church development project (22 single-family homes, $13M).
- CDS Life TransitionscoreNonprofit organization for which Rochester Management manages Azalea Village (96 units) and other senior communities off Hard Road in Webster, NY.
- Brighton Towers Redevelopment LLCcoreRochester Management successfully managed $20M comprehensive renovation of Brighton Towers, utilizing RAD program to add vital resources for residents.
- Tri-Veterans Housing LLCminorParent organization of Ramona Park property managed by Rochester Management.
- Greater Rochester Housing PartnershipminorLocal nonprofit dedicated to creation and preservation of affordable housing. Board member Theo Finn serves as GRHP President.
- Grow Green RochesterminorPartner managing new community garden and greenhouse at Zion Hill development, adjacent to 59 Wooden Street.
- FoodlinkminorPartnership for Curbside Green Grocery Program at Meadow Reserve, providing food access for residents.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Rochester Management competitors and assessment
Company assessmentBroad incumbents
- Preservation of Affordable Housing (POAH): Nonprofit affordable housing organization focused on preserving and developing affordable rental housing across multiple states. Comparable LIHTC-driven model, supportive services integration, and portfolio scale of thousands of units.
- Volunteers of America National Services: National nonprofit providing affordable and supportive housing, including senior housing and services for special populations. Comparable mission-driven nonprofit operating model, senior housing portfolio, and reliance on federal housing programs.
- The Community Builders: Large nonprofit affordable housing developer and manager operating across multiple states with thousands of units. Comparable nonprofit model, LIHTC-driven development pipeline, and mixed affordable/senior housing portfolio; larger scale and broader geography than Rochester Management.
- Mercy Housing: National nonprofit affordable housing organization operating tens of thousands of units across the U.S. Comparable mission-driven nonprofit structure, mixed-population portfolio including seniors, and reliance on LIHTC and HUD programs. Significantly larger scale.
- WinnCompanies: One of the largest property management and development companies in the U.S., with a major affordable housing portfolio. Comparable LIHTC/HUD/RAD program expertise and senior housing management; substantially larger and operates nationally.
Direct peers
- Beacon Communities: Nonprofit affordable housing developer and manager operating a portfolio of thousands of affordable units with mixed-income and senior properties. Comparable nonprofit developer/manager model, LIHTC expertise, and integration of supportive services.
- CSI Support & Development: New York-based nonprofit providing supportive and affordable housing with on-site services for special populations including seniors. Comparable NY-headquartered nonprofit, supportive services integration, and reliance on HUD/LIHTC funding mechanisms.
- Conifer Realty: Rochester, NY-based affordable housing developer and property manager operating multifamily and senior housing across upstate New York. Directly comparable regional peer serving overlapping markets and resident populations in the Rochester/CNY footprint.
- Home Leasing LLC: Rochester-based real estate development and management company specializing in affordable and market-rate multifamily properties. Comparable in geography, scale, and focus on upstate NY rental housing with similar LIHTC/HUD program participation.
- National Church Residences: Nonprofit senior housing provider and developer with a faith-based heritage and focus on affordable senior living, including HUD/LIHTC programs. Comparable mission, target population (seniors 55+), and property management plus development services model.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Rochester Management social profiles
Digital presenceRochester Management compliance and trust
Trust signalCompliance1 record
Rochester Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rochester Management leadership team
Management profileNumber of profiles
Profiles5 records
Rochester Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rochester Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rochester Management
What does Rochester Management do?
Rochester Management, Inc. is a nonprofit real estate management firm that develops, owns, and manages affordable rental housing communities across upstate New York. The organization operates a portfolio of over 3,700 residential units across 23 communities serving seniors, families, veterans, and low-income households through HUD, Mitchell-Lama, and Low-Income Housing Tax Credit programs. Its two core service lines are Property Management Services (tenant screening, leasing, maintenance, tax credit compliance) and Residential Development Services (site selection, feasibility, funding, construction management, lease-up).
Is Rochester Management a public or private company?
Rochester Management is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Rochester Management founded?
Rochester Management was founded in 1949. It employs 51 to 100 people.
Where is Rochester Management based?
Rochester Management is headquartered in Rochester, United States, in the North America region.
How does Rochester Management make money?
Three revenue lines are on record. Residential Rental Income is the primary driver. The others are real Estate Development Services and property Management Fees.
Who are Rochester Management's main competitors?
Broad incumbents on record are Preservation of Affordable Housing (POAH), Volunteers of America National Services, The Community Builders, Mercy Housing and WinnCompanies. Direct peers are Beacon Communities, CSI Support & Development, Conifer Realty, Home Leasing LLC and National Church Residences.
Does Rochester Management have an API?
No public API is recorded for Rochester Management.
What industry is Rochester Management in?
Rochester Management's product category is Affordable Housing Property Management. Its primary akta.pro industry code is BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8), with a secondary code of BPAJAMAI, Affordable & Public Housing Asset Management. Its NAICS code is 531311 and its SIC code is 6531.