Allied Residential

What Allied Residential does

Allied Residential, founded in 1987 and headquartered in Renton, Washington, is an employee-owned property management firm that provides third-party management services to market-rate and affordable multifamily apartment owners across Western Washington. The company manages a portfolio of more than 20,000 residential units across 170-plus properties in the greater Seattle-Tacoma area and Puget Sound region, serving property owners, investors, developers, and public housing authorities.

Core offerings are organized into two product lines: market-rate multifamily management and affordable housing management covering LIHTC, Section 8 project-based, Rural Development, and HOME compliance. Adjacent service modules — new property lease-up, asset realignment and repositioning, renovation and construction supervision, acquisition due diligence, and financial/management reporting — generate incremental fee revenue. The technology backbone is Yardi Voyager, deployed with multiple integrated modules for compliance tracking, reporting, and property operations, supported by a dedicated internal Yardi Director. Internal capability is differentiated by Allied University, the All Star Mentorship Program, and an in-house Washington State-certified Electrical Administration Program.

The business model is a fee-for-service B2B property management operation; pricing is quote-based and not publicly disclosed, negotiated on portfolio size, property type, and service scope. Go-to-market is sales-led through direct outreach to multifamily owners, developer relationships, and institutional investors, reinforced by leadership roles in IREM, NAA/WMFHA, and AHMA. The firm holds the IREM Accredited Management Organization (AMO) designation and is led by President Mike Simons alongside an extended senior team of Senior Vice Presidents managing conventional, affordable, compliance, and maintenance functions.

Name

Allied Residential

Legal name

Allied Residential

Website

https://alliedresidential.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

101–250 employees

Short description

Allied Residential is an employee-owned, Western Washington-based property management firm founded in 1987 that provides market-rate and affordable (LIHTC, Section 8, HUD) multifamily management, lease-up, repositioning, and renovation services to property owners, developers, and housing authorities across more than 170 properties and 20,000 units.

Ownership category

akta.pro rank

Product category

Multifamily Property Management

NAICS

Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

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

Keywords

• Multifamily property management
• Affordable housing management
• Apartment lease-up services
• LIHTC compliance management
• Real estate asset management

Headquarters

HQ city

Renton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Fees: Fee-based professional property management services for apartment communities. Revenue is generated through management fees charged to property owners for overseeing multifamily residential properties, including conventional, affordable, lease-up, renovation, and stabilized properties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Allied Residential provides fee-based professional property management services for multifamily apartment communities in Western Washington, including market rate and affordable housing (LIHTC, Section 8, HUD, HOME, Rural Development). The firm also delivers new property lease-up, asset repositioning and renovation oversight, acquisition due diligence, compliance management, and bulk purchasing programs, managing a portfolio of over 20,000 units across 170+ properties through Yardi Voyager technology.

Product overview

Allied Residential offers a unified property management platform providing comprehensive services for multifamily apartment communities throughout Western Washington. The core offering comprises market rate and affordable housing management, supplemented by specialized service modules including new lease-up services, asset repositioning, renovation supervision, and acquisition due diligence. The company leverages Yardi Voyager as its primary technology platform for compliance tracking and reporting. Allied Residential also provides internal tools including Allied University (custom online training) and the All Star Mentorship Program. The company manages over 20,000 residential units across 170+ properties in the Puget Sound area.

Differentiator

Problem solved

Functional benefit

Products and services

• Market Rate Multifamily Property Management Professional property management services for conventional market rate apartment communities, including operational management, tenant relations, and financial performance optimization, for property owners and investors.
• Affordable Housing Management Full-service management for affordable multifamily properties including LIHTC compliance, Section 8 project-based housing, Rural Development properties, and HOME program compliance, for owners and developers requiring specialized regulatory management.
• New Property Lease-Up Services Comprehensive lease-up services for newly developed or newly acquired multifamily properties, managing the initial tenant acquisition process from concept to stabilization, for developers and owners launching new assets.
• Asset Realignment and Repositioning
• Property Renovation and Construction Supervision Oversight of capital improvement projects and renovation programs, including rehabilitation projects, unit interior upgrades, and exterior capital improvements, for property owners executing value-add strategies.
• Acquisition Due Diligence and Inspections Due diligence services for property acquisitions including physical and financial audits, inspections, and pre-development consulting, for investors and buyers evaluating multifamily acquisitions.
• Bulk Property Supply and Services Discounts Volume purchasing programs providing discounted rates on property supplies and vendor services for managed communities across Allied Residential's portfolio.

Quantifiable outcome

• Over 20,000 residential units managed across Western Washington
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Institute of Real Estate Management (IREM)coreOthersAllied Residential holds the prestigious Accredited Management Organization (AMO) designation from IREM. The AMO designation is bestowed at the national level after fulfilling strict requirements in fiscal stability, integrity, professionalism, operations excellence and ethical standards. Many team members maintain CPM designations and serve in leadership positions with IREM.
• National Apartment Association (NAA)coreOthersAllied Residential maintains affiliation with NAA through its Washington Multi-Family Housing Association (WMFHA) chapter membership. Team members hold professional designations including Certified Apartment Portfolio Supervisor (CAPS) from NAA.
• Affordable Housing Management Association (AHMA)coreOthersActive membership and leadership participation in AHMA for affordable housing professionals. Team members hold C3P certifications and serve in association leadership roles.
• Washington Multi-Family Housing Association (WMFHA)coreOthersActive member and participant in WMFHA, with team members serving on the board and in executive positions. The association was formed with Allied's participation in associate education and industry advancement.
• Yardi SystemscoreTechnology or IntegrationTechnology partnership for property management software implementation and utilization across portfolio

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Greystar Real Estate Partners: Largest multifamily property management and investment firm in the US, managing over 800,000 units globally. Directly comparable to Allied in offering third-party multifamily management, including affordable housing, and represents the dominant competitive threat in regional markets.
• Lincoln Property Company: National multifamily and commercial property manager with a substantial affordable housing practice through its LIHTC division. Comparable to Allied in providing third-party multifamily management across market rate and affordable housing categories.
• Cushman & Wakefield: Global commercial real estate services firm offering multifamily property management as part of a broader services platform. Comparable to Allied as a competitor for institutional owner mandates in the Pacific Northwest.
• Windsor Communities: National multifamily owner and third-party manager operating across multiple US markets. Comparable to Allied in offering third-party management with both conventional and some affordable housing exposure.
• JLL (Jones Lang LaSalle): Global real estate services firm with a multifamily property management practice. Comparable to Allied as a competitor for institutional multifamily management mandates, particularly with cross-portfolio clients.

Direct peers

• FPI Management: Specialized multifamily property manager with deep expertise in affordable housing (LIHTC, Section 8) and conventional properties. Directly comparable to Allied in segment focus, regulatory expertise, and B2B property management model.
• Avenue5 Residential: National third-party multifamily property manager operating across conventional and affordable housing. Directly comparable to Allied in service offerings, and a documented talent source (Allied hired a former Avenue5 marketing specialist).

Regional players

• Security Properties Residential: Pacific Northwest-focused multifamily owner and third-party manager. Directly comparable to Allied given shared regional concentration in Western Washington and similar service portfolio.
• Thrive Communities: Pacific Northwest multifamily owner-operator and management firm, with overlap in conventional and affordable housing. Comparable in regional focus and similar to Allied in serving institutional and private owners in Western Washington.
• Holland Residential: Western US multifamily property manager with concentration in the Pacific Northwest. Comparable to Allied in regional market overlap, third-party service model, and conventional/affordable housing exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AlliedResidential
• LinkedInlinkedin.com/company/allied-residential

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 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 Allied Residential