Fairway Management

What Fairway Management does

Fairway Management, Inc. (FWM) is a privately held property management firm founded in 1990 and headquartered in Columbia, Missouri, that manages over 12,000 affordable and conventional apartment homes across more than 250 properties in seven U.S. states. The company's core offering is full-service property management that bundles property operations, compliance and regulatory expertise, financial management, and marketing and lease-up services for multifamily communities, with a specialty focus on income-restricted affordable housing regulated under LIHTC, PBRA, RAD, and HUD-assisted programs. Notable operational components include an in-house team of accountants, compliance officers, and trained property management staff, a dedicated Director of Training function, and the CORES-certified Resident Services Program providing on-site service coordination, community engagement, and wellness programming.

The firm's revenue model is a fee-based managed services structure: management fees are negotiated directly with property owners, investors, lenders, developers, and regulatory agencies on multi-year contracts, while resident-facing acquisition is conducted through on-site leasing offices at each community, the corporate website, third-party listings (Apartments.com, Zillow), social media, and traditional advertising. The technology backbone relies on the RealPage platform with the LoftLiving resident portal for rent payment, maintenance requests, and community information. Two primary customer segments are served: (1) institutional and individual property owners/investors contracting for management services, and (2) residents in need of affordable (income-restricted, family, and senior 55+/62+) and conventional multifamily housing.

Fairway Management operates additional regional offices in Clayton, Missouri and Atlanta, Georgia, and is part of the JES Holdings family of companies, with leadership including Kijuana Compton Marks (Vice President of Operations, appointed August 2025), Shey Justice (Executive Director of Leasing), and Melissa Hahn (Director of Training). The company has grown from 5 to over 250 properties over its 30+ year history, reporting creation of over 7,500 senior homes, over 4,400 family homes, and impact across 125+ communities through resident services.

Name

Fairway Management

Legal name

Fairway Management, Inc.

Website

https://fairwaymanagement.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

251–500 employees

Short description

Fairway Management is a private property management firm that manages over 12,000 affordable and conventional apartment units across 250+ properties in seven U.S. states, serving property owners, investors, and residents with specialized LIHTC, PBRA, and RAD program expertise.

Ownership category

akta.pro rank

Product category

Multifamily Housing Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Affordable Housing Property Management (BPAJAGAJ), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Property management services
• Affordable housing management
• LIHTC compliance
• Multifamily housing
• Resident services

Headquarters

HQ city

Columbia

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Property Management Services: Fairway Management provides full-service property management including maintenance, compliance, marketing, and business administration for over 12,000 affordable and conventional apartment homes. Revenue is generated through management fees charged to property owners and investors.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Fairway Management provides full-service multifamily property management for affordable (LIHTC, PBRA, RAD, HUD) and conventional apartment communities across seven U.S. states, overseeing more than 250 properties and 12,000 units. Services span on-site operations, leasing, compliance, resident services, and lifestyle programming delivered under a 30-year operating model. The firm operates as a property manager under contract for owners, investors, and affordable housing syndicators rather than holding the real estate assets itself.

Product overview

Fairway Management operates a unified property management platform that delivers full-service multifamily housing management across two main product lines: Affordable Apartment Communities (income-restricted housing under LIHTC, PBRA, and RAD programs) and Conventional Apartment Communities (market-rate housing). The portfolio encompasses over 250 properties and 12,000+ units managed across seven states. The platform integrates operational services (property operations, compliance, financial management, marketing/lease-up), resident services (CORES certification coordination, wellness programs, community engagement), and workforce development (training programs, Fairway Days annual conference). All communities are supported through resident portals and on-site management teams, with specialized services for senior living (55+ and 62+ communities) and family housing.

Differentiator

Problem solved

Functional benefit

Products and services

• Full-Service Multifamily Property Management Full-service property management for owners and investors of multifamily housing, covering on-site operations, leasing, maintenance, financial reporting, and resident services across more than 250 properties and 12,000 units in seven states.
• Affordable Apartment Communities (LIHTC, PBRA, RAD, HUD) Managed affordable rental housing communities operated under LIHTC, PBRA, RAD, and HUD program rules, with on-site leasing, recertification, compliance monitoring, and resident services for income-qualified households.
• Conventional / Market-Rate Apartment Communities Managed market-rate apartment communities delivered with the same on-site operations, leasing, and resident services framework used in the affordable portfolio.
• Senior Independent Living Communities Managed senior independent living communities with on-site operations, leasing, maintenance, and resident services tailored to older adults.
• Resident Services Program In-house resident services and family-style amenities designed to enrich the resident experience at managed affordable and conventional communities.
• Resident Lifestyle Programming Structured lifestyle and engagement programming for residents of managed communities, extending the resident services offering with curated resident experiences.

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core and minor.

• CORES (Certification for Occupancy and Resident Services)coreStrategic or Co-development PartnerFairway Management achieved CORES Certification, recognizing their proven track record of providing quality resident services coordination in affordable rental housing. This certification demonstrates commitment to highest standards for resident health and well-being.
• Affordable Equity PartnersminorStrategic or Co-development PartnerAffordable Equity Partners' traveling leasing team assists Fairway Management properties with lease-up efforts. AEP was recognized for hard work in helping with leasing activities.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Bozzuto Group: Diversified multifamily property manager, developer, and service provider. Comparable in management services for institutional owners, with overlapping conventional and affordable exposure.
• Greystar Real Estate Partners: Largest multifamily property manager in the US with a growing affordable housing segment. Comparable end-service (property management for institutional owners) but at much greater scale and with broader market-rate exposure.
• Lincoln Property Company: Diversified national multifamily manager with multifamily and affordable housing capabilities. Comparable in fee-based property management model but operates at significantly larger scale across more geographies.

Direct peers

• WinnCompanies: Major multifamily property manager with a strong affordable housing division managing LIHTC, Section 8, and HUD-assisted properties. Directly comparable in regulatory expertise and resident services focus.
• Dominium: Affordable housing-focused developer and manager with strong LIHTC expertise. Closely comparable in regulatory specialization, family and senior affordable mix, and integrated operating model.
• The Michaels Organization: National affordable and market-rate housing developer and property manager with deep LIHTC expertise. Closely comparable to Fairway in regulatory specialization, scale of multifamily units managed, and resident services orientation.
• ConAm Management Corporation: Multifamily property manager with significant affordable housing portfolio. Comparable business model of fee-based management for institutional owners and similar geographic spread across the US.
• McCormack Baron Management: National property manager specializing in affordable, mixed-income, and workforce housing. Comparable regulatory expertise and resident services orientation, with strong focus on urban affordable communities.
• NRP Group: Affordable and workforce housing developer and manager. Comparable in LIHTC specialization, family and senior housing mix, and integrated developer/manager structure similar to Fairway's JES Holdings affiliation.

Emerging players

• RangeWater Real Estate: Growth-oriented multifamily owner/manager in the Sun Belt. Comparable in geographic concentration and target resident demographics, though focused primarily on market-rate communities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FWMLeasing
• LinkedInlinkedin.com/company/fairway-management-inc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fairway Management