YMP Real Estate Management

What YMP Real Estate Management does

YMP Real Estate Management, LLC is a privately held, self-funded real estate investment and management firm headquartered in Miramar, Florida, founded in 2009 by Moshe Popack following the South Florida market crash. The firm operates a diversified property platform spanning three core verticals: multifamily residential (~4,000 units across Florida, Georgia, Kentucky, Alabama, and North Carolina), commercial office (~1.9-2 million square feet of Class A and Class B product across Florida, Georgia, Alabama, and New Jersey), and assisted living (three facilities with a fourth in development, anchored by Avalina Senior Living in Sunrise, FL). Tenants range from individual renters to credit-grade corporate and government occupants (Maersk, Humana, Amcor, GSA, Florida state agencies) and senior living residents receiving independent living, assisted living, and memory care services.

YMP applies a value-add acquisition strategy targeting middle-market deals in the $10MM-$350MM range, leveraging in-house underwriting and due diligence capabilities alongside strategic debt market relationships (including a $31M fixed-rate loan at 6.95% from Banco do Brasil Americas) to execute abbreviated closings. The firm pursues an entrepreneurial yet disciplined approach to property management, with stated occupancy that outpaces market averages (e.g., 90%+ over five years at Commercial Place; 79% leased at Miramar Parkway Collection with an 11% cap rate). Distribution is split between direct leasing through property management teams, on-site leasing offices, online leasing portals (SecureCafe) for multifamily, and third-party commercial brokers (Cushman & Wakefield for 548,000 SF of Florida office; NAI James E. Hanson for Northern New Jersey office). Marketing reach extends via LinkedIn, Facebook, LoopNet, and Apartments.com.

The leadership team combines 110+ years of entrepreneurial and institutional real estate experience, including President Michael Basic (CPM/CCIM, formerly of Manulife Financial Management overseeing a $1.8B portfolio), CFO Harvey Trautenberg (formerly CFO of the Pankey Foundation, with Resolution Trust turnaround experience), and VP of Asset Management Olga Iskender (MBA from Northeastern, formerly of Eastham Capital managing $1B+ in value-add assets). Properties carry recognized sustainability credentials, including LEED Gold (Miramar Centres I and III, Huntington Centres I and II), Energy Star (Huntington Centres, Miramar Parkway Collection, SouthBridge), and WELL Health-S Safety (Miramar Parkway Collection). The firm has been recognized by South Florida Business Journal's Top 100 Private Companies list for four consecutive years (2021-2024).

Name

YMP Real Estate Management

Legal name

YMP Real Estate Management, LLC

Website

https://ymprealestate.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

YMP Real Estate Management is a private, self-funded real estate firm that acquires and manages multifamily, commercial office, and assisted living properties across six US states, totaling approximately 4,000 multifamily units and nearly 2 million square feet of office space, with an active value-add acquisition program.

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Multifamily Rental Income: Revenue from approximately 4,000 multifamily units across Florida, Georgia, Kentucky, Alabama, North Carolina. Properties include Boardwalk at Inverrary, Grand Court Lakes, Landmark Towers, Oak Grove, Palo Verde, Park Towers, Riverside Palms, Center Court, Park at Hurstbourne, and Branson Creek Commons.
2. Commercial Office Space Rental: Revenue from approximately 1.9-2 million square feet of commercial office space across Florida, Georgia, Alabama, and New Jersey. Properties include Miramar Centre I & III, Huntington Centre I & II, Commercial Place I & II, Lakeshore Business Center, Waterview, Headway Office Park, SouthBridge, Gwinnett Commerce Center, Indian River Medical Center, Bayview Pavilion, and Executive University Courts.
3. Assisted Living Facilities: Revenue from three assisted living facilities with a fourth opening soon. Properties include Avalina Senior Living (196 units, 263 ALF beds in Sunrise, FL), Cresthaven (West Palm Beach, FL), and Seaside (Hallandale Beach, FL). Services include independent living, assisted living, and memory care.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

YMP Real Estate Management, LLC is a private real estate firm engaged in the acquisition and management of multifamily residential properties, commercial office properties, and assisted living facilities. The company acquires value-add and core real estate assets in the Southeast US, then operates them through in-house property management teams. Current portfolio includes roughly 4,000 multifamily units, three assisted living facilities, and approximately 1.9–2 million square feet of commercial office space across Florida, Georgia, Alabama, North Carolina, Kentucky, and New Jersey.

Product overview

YMP Real Estate Management operates a diversified real estate investment and property management platform spanning three core property types: multifamily residential communities, commercial office properties, and assisted living facilities. The company manages approximately 4,000 multifamily units, three assisted living facilities, and nearly two million square feet of commercial office space across Florida, Georgia, Alabama, North Carolina, Kentucky, and New Jersey. The platform is structured around core property types (Multifamily Property Management, Commercial Property Management, and Assisted Living Facilities) supported by value-add acquisition strategies and an online leasing portal for tenant acquisition.

Differentiator

Problem solved

Functional benefit

Products and services

• Multifamily Property Management

Quantifiable outcome

• Over 5,000 multi-family units purchased since 2009
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and major.

• NAI James E. HansoncoreChannel Partner/ Reseller/ Distributor · 4 September 2024NAI James E. Hanson negotiated multiple office leases for more than 55,000 square feet at 35 Waterview Boulevard in Parsippany, NJ. Susan Mason represented YMP Real Estate Management in the transactions.
• Cushman & WakefieldcoreChannel Partner/ Reseller/ Distributor · 1 August 2024Cushman & Wakefield has been retained to oversee leasing efforts for the Miramar Parkway Collection and Commercial Place I & II, two Class A South Florida office portfolios totaling 548,000 square feet. Donna Korn and Beau Ladwig of the commercial real estate services firm will lease the properties.
• Donna Korn (Cushman & Wakefield)majorChannel Partner/ Reseller/ DistributorDonna Korn and Beau Ladwig of Cushman & Wakefield represented YMP Real Estate in government agency lease transactions at Lakeshore Business Center. Dealmakers facilitated 10-year leases with Florida government agencies totaling over 18,500 SF.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Greystar Real Estate Partners: Greystar is the largest multifamily property operator and investment manager in the US, with a vertically integrated acquisition, management, and development platform directly comparable to YMP's multifamily business across the Southeast.
• RangeWater Real Estate: RangeWater acquires and manages garden-style multifamily across the Southeast US — overlapping geographic footprint and value-add investment thesis with YMP's multifamily portfolio.
• Cortland: Cortland is a national multifamily owner-operator with a value-add investment strategy and in-house property management — directly comparable to YMP's multifamily ownership and operations model.
• Pegasus Residential: Pegasus Residential is a national third-party multifamily management firm with a strong Southeast presence, comparable to YMP's in-house multifamily management capability.
• St. John Properties: St. John Properties is a vertically integrated commercial office owner-developer operating primarily in the Mid-Atlantic and Southeast — closely comparable to YMP's commercial office acquisition and value-add strategy.
• Welltower: Welltower is the largest US healthcare/senior living REIT, operating assisted living and memory care communities. Comparable to YMP's Avalina, Cresthaven, and Seaside assisted living portfolio.

Broad incumbents

• CBRE Group: CBRE is the world's largest commercial real estate services and investment firm, providing brokerage, management, and capital markets services that overlap with the third-party leasing YMP retains for its office portfolio.
• JLL (Jones Lang LaSalle): JLL is a global commercial real estate services firm offering investment sales, leasing, and property management — broadly comparable to the brokerage and management ecosystem YMP operates within.
• The Related Companies: The Related Companies is a large diversified real estate developer and owner-operator spanning multifamily, commercial, and mixed-use — overlapping with YMP's diversified asset class strategy.

Emerging players

• Hawthorne Residential Partners: Hawthorne Residential Partners is a regional multifamily investment and management firm focused on the Southeast US, comparable in scale and strategy to YMP's multifamily platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xlinkedin.com/company/ymprealestate
• Facebookfacebook.com/YMPRealEstateManagement
• LinkedInlinkedin.com/company/ymprealestate

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 YMP Real Estate Management