Weinstein Properties

What Weinstein Properties does

Weinstein Properties (legal entity Weinstein Management Co., Inc.) is a privately-held, family-owned residential apartment owner and operator headquartered in Richmond, Virginia. Founded by Marcus Weinstein in 1952 as a single-family home developer, the company entered multifamily housing in 1962 and now owns and manages more than 21,000 apartment homes across five U.S. states (Virginia, North Carolina, Texas, Tennessee, and Georgia) and 13 cities, operating under the Bexley luxury community brand family. The company is still controlled and operated by the third generation of the Weinstein-Jecklin family and employs more than 700 people.

The company runs a direct-to-consumer apartment leasing business with on-site leasing teams at every property, supported by a SecureCafe-based online resident services portal that handles bill pay, maintenance requests, document access, and a resident handbook. Property discovery is conducted through state-specific microsites at weinsteinpropertiesmaps.com. Recruitment and applicant tracking are run on Greenhouse. An internal Business Intelligence and Data Analytics function — currently led by a VP of Business Intelligence and a Director of Data Analytics — supports operational and revenue management, though no AI/ML products are exposed externally.

The business model is recurring monthly residential rent across luxury, mid-market, and affordable housing segments, supplemented by ancillary income (parking, pets, utilities). The company does not use third-party brokers or resellers, capturing the full leasing margin. Growth has been driven by disciplined single-property acquisitions in selected Sun Belt markets rather than large portfolio deals, joint ventures, or external capital. The company also co-owns Jecklin Residential, a sister company operated by third-generation family members Madeline and Zach Jecklin.

Name

Weinstein Properties

Legal name

Weinstein Management Co., Inc.

Website

https://weinsteinproperties.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Weinstein Properties is a privately-held, family-owned residential apartment owner and operator headquartered in Richmond, Virginia, managing more than 21,000 units across five southeastern and mid-Atlantic U.S. states. The company leases directly to residents via on-site teams, recurring monthly rental agreements, and a web-based resident services portal.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Lessors of Real Estate (5311)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

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

Keywords

• Apartment property management
• Residential leasing services
• Multifamily housing operations
• Apartment community management
• Resident services management

Headquarters

HQ city

Glen Allen

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Apartment Rental Income: The primary revenue stream comes from monthly rental payments collected from residents occupying the company's apartment units across their portfolio of over 21,000 units in Georgia, North Carolina, Tennessee, Texas, and Virginia.
2. Residential Lease Agreements: Revenue is generated through recurring monthly rent from residential apartment leases. The company offers apartment communities at various price points across luxury, mid-market, and affordable housing segments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Weinstein Properties owns and operates 21,000+ apartment homes across 5 states (Georgia, North Carolina, Tennessee, Texas, Virginia) and 13 cities, leasing units directly to residents under the Bexley brand. The company provides on-site leasing, maintenance, resident relations, and an online resident services portal (SecureCafe) for bill payment, maintenance requests, and file access. Its portfolio spans luxury, mid-market, and affordable apartment communities managed by 700+ employees.

Product overview

Weinstein Properties operates as a residential apartment management company offering a unified property management ecosystem. The core offering consists of apartment property management services across 21,000+ units in five states, supported by an Online Resident Services Portal for tenant self-service (bill payment, maintenance requests, document access). The company maintains a Careers Platform powered by Greenhouse for recruitment across leasing, corporate, and maintenance roles. The portfolio spans multiple branded communities under the Bexley brand family.

Differentiator

Problem solved

Functional benefit

Brands

• Bexley: Luxury apartment community brand operated by Weinstein Properties across multiple states including Georgia, North Carolina, Tennessee, Texas, and Virginia.

Products and services

• Apartment Property Management and Leasing Owns and manages 21,000+ apartment homes across Georgia, North Carolina, Tennessee, Texas, and Virginia, providing leasing, on-site management, maintenance, and resident relations for individual renters and families in luxury, mid-market, and affordable apartment communities.
• Online Resident Services Portal

Quantifiable outcome

• 48% of employees promoted from within
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Partnerships

One partnership is on record.

• Jecklin ResidentialcoreOthersJecklin Residential is a sister company of Weinstein Properties founded and co-owned by Madeline Jecklin (VP of Operations at Weinstein Properties) and her brother Zach Jecklin (Director of Acquisitions at Weinstein Properties). It operates as a separate but related entity in the residential real estate sector.

Scale indicators14 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Greystar Real Estate Partners: Largest multifamily property management and investment company in the U.S., managing ~800,000+ units globally. Directly comparable as a large-scale multifamily operator with a similar management-heavy model across multiple price points and geographies.
• AvalonBay Communities: Large public multifamily REIT (~90,000 units) with luxury and Class A apartment communities along the East Coast and in select Sunbelt markets. Comparable as a large-scale multifamily owner-operator with similar amenitized renter positioning.
• Lincoln Property Company: Diversified real estate services firm with one of the largest multifamily management platforms (~210,000+ units). Comparable as a multi-state residential operator with mixed ownership and third-party management arms.

Direct peers

• RPM Living: Fast-growing private multifamily management company with a heavy Texas and Sunbelt concentration. Comparable as a private, scale-driven apartment operator competing for similar assets and renter demographics.
• Bozzuto Group: Privately held residential real estate developer and manager with a focus on luxury and market-rate apartments across the East Coast and Sunbelt. Closely comparable as a family-/privately-influenced operator with branded luxury communities and similar amenitized renter focus.
• Mid-America Apartment Communities (MAA): Largest Sunbelt-focused apartment REIT (~102,000 units) with deep concentration in Texas, Georgia, Tennessee, North Carolina, and Virginia — overlapping nearly all of Weinstein's operating states.
• Bell Partners: Privately held multifamily investment and management firm operating ~80,000+ units across the East Coast, Midwest, and Sunbelt. Closely comparable as a private-sector operator with similar scale and East Coast/Sunbelt focus.
• FPI Management: Multifamily property management firm managing ~165,000+ units across the Sunbelt and West. Comparable as a third-party and owner-operator with a similar renter-segment focus and Sunbelt presence.
• Camden Property Trust: Public multifamily REIT owning ~58,000 apartment homes across Sunbelt markets including Charlotte, Atlanta, Dallas, Nashville, and Raleigh — directly overlapping Weinstein's geographic footprint and renter segment.
• Pinnacle Property Management Services: National multifamily management company with significant Sunbelt portfolio overlap. Comparable as a large-scale residential property manager competing for similar assets in Texas, the Carolinas, and the Mid-Atlantic.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/weinstein-properties

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

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 Weinstein Properties