Felner Corporation

What Felner Corporation does

Felner Corporation is a fourth-generation, family-owned property management firm founded in 1978 and headquartered in Fairfield, Connecticut. The company delivers full-service property management to approximately 300 properties across Connecticut and Westchester County, New York, serving homeowner associations (250+ communities ranging from 4 to 180+ units), multi-family residential properties, and commercial real estate clients (office, retail, and mixed-use). Felner operates from four offices—Fairfield (HQ), Bridgeport, Stamford, and Norwalk—and employs more than 120 professionals including CMCA- and PCAM-certified property managers, in-house uniformed maintenance technicians, and dedicated account management staff.

Felner's service portfolio is organized around three core lines (HOA, Multi-Family, and Commercial property management) supplemented by a standalone Maintenance Management add-on and ancillary Lender Services. Core deliverables include administrative oversight, board governance support, financial reporting (accounts receivable, accounts payable, monthly statements), tenant and vendor relations, lease negotiation, capital project oversight, insurance program navigation, and 24/7 emergency response. The technology stack is assembled from integrated third-party SaaS platforms rather than proprietary software: AppFolio powers tenant and owner portals for commercial and residential properties, Vantaca provides the HOA owner portal, GetVived handles vendor compliance documentation, and HomeWiseDocs manages resale packages and lender questionnaires. Felner does not appear to operate any proprietary core platform; the differentiation lies in operational execution rather than software ownership.

Felner generates revenue through recurring subscription-based management fees with quote-based pricing tailored to property type, unit count, and service scope. Pricing tiers include Full Property Management, Maintenance Management Only, Financial/Bookkeeping Services, Capital Project Management, Developer-to-Board Transition, and Consulting. Go-to-market relies on industry association membership (Community Associations Institute, BOMA International, Connecticut Business & Industry Association), BBB accreditation, a website-driven RFP/inquiry funnel, and referral networks from existing board members. Ownership transitioned in 2022 from Patricia B. Felner-Bragano to her son, Matthew D. Felner (President), with Patricia continuing as Managing Director alongside Vice President Nicholas Bragano, CFO Joe Macari, and Chief Strategy Officer John Speed.

Name

Felner Corporation

Legal name

Felner Corporation

Website

https://felnercorp.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Felner Corporation is a fourth-generation, family-owned Connecticut property management firm founded in 1978 that delivers full-service HOA, multi-family, and commercial real estate management across approximately 300 properties using AppFolio, Vantaca, and GetVived portals.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Nonresidential Property Managers (531312), Services to Buildings and Dwellings (5617)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Homeowners Association (HOA) Management (BPAJAHAB)

akta.pro secondary industries

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Residential Lease Administration & Tenant Services (BPAJAFAL), Association Compliance, Governance & Board Support Services (BPAJAHAN)

Keywords

• HOA management
• Multi-family management
• Commercial property management
• Maintenance management
• Community association management

Headquarters

HQ city

Fairfield

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Full-service property management fees for HOAs, multi-family, and commercial properties. Services include administrative oversight, daily maintenance operations, financial reporting, tenant relations, and vendor management. Revenue is generated through recurring management fees based on property type and unit count.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Felner Corporation provides full-service property management for homeowner associations (HOAs), multi-family residential, and commercial real estate clients across Connecticut and Westchester County, New York. Its offerings include administrative oversight, financial reporting, maintenance coordination with in-house technicians, tenant and vendor relations, capital project oversight, and developer-to-board transition services, supported by cloud-based owner, tenant, and vendor portals.

Product overview

Felner Corporation is a fourth-generation Connecticut property management firm offering a unified property management platform with three core service lines (HOA, Multi-Family, and Commercial property management) supplemented by Maintenance Management as a standalone add-on module. The company provides cloud-based portals including Client Owner Portal (AppFolio), HOA Owner Portal (Vantaca), Commercial/Residential Tenant Portal (AppFolio), and Vendor Compliance Portal (GetVived) that connect owners, tenants, and vendors to real-time property information. Additional services include Lender Services for resale packages and questionnaires. The portfolio spans approximately 300+ properties across Connecticut, with specialized services for associations ranging from 4 to 180+ units.

Differentiator

Problem solved

Functional benefit

Products and services

• Full-Service Property Management Full-service property management covering HOA, Multi-Family, and Commercial property types. Includes daily administrative oversight, maintenance operations, financial management, tenant relations, and cloud-based portals for owners and tenants, delivered to property owners and boards across Connecticut.
• HOA Property Management Homeowners Association management service handling board communication, meeting agendas, contract supervision, preventive maintenance, insurance navigation, and financial reporting for associations ranging from 4 to 180 units across Connecticut.
• Multi-Family Property Management Comprehensive multi-family property management including tenant coordination, lease negotiation, on-site engineering personnel, insurance programs, and cloud-based management portals for owners and tenants of apartment and multi-family residential properties.
• Commercial Property Management Full commercial property management covering office and retail facilities including operational administration, tenant/vendor communication, lease negotiation, preventative maintenance, risk control programs, and financial reporting for commercial property owners and investors.
• Maintenance Management Standalone maintenance management service for clients handling administration themselves. Provides a single point of contact for operational issues, in-house engineers, tenant communications, vendor oversight, and preventative maintenance programs.
• Lender Services Services for lenders including questionnaire requests and resale package processing for properties under Felner management, providing property disclosure compliance documentation.

Quantifiable outcome

• 250+ HOAs under management
• +4 more outcomes

Named customers15 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

Integration6 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• BOMA InternationalcoreOthersActive membership in Building Owners and Managers Association International for commercial real estate industry standards, best practices, and networking access
• Community Associations Institute (CAI)coreOthersActive membership and participation in CAI for industry credibility, professional development, and referral network access in the HOA and community association management sector
• U.S. Department of Housing and Urban Development (HUD)minorOthersDisplayed as partner/logo association on website indicating alignment with federal housing standards and programs
• Connecticut Business & Industry Association (CBIA)minorOthersMembership in Connecticut Business & Industry Association for state business community access and advocacy
• Better Business Bureau (BBB)minorOthersBBB accreditation demonstrating commitment to ethical business practices and consumer trust
• HomeWiseDocscoreTechnology or IntegrationThird-party service provider for resale package documentation and disclosure management for HOA and condominium properties, enabling compliant property transactions
• HomeWiseDocscoreTechnology or IntegrationQuestionnaire and resale package processing service integrated into Felner's lender services for property disclosure compliance
• VantacacoreTechnology or IntegrationCloud-based HOA management platform providing owner portal, community management, and communication tools for HOA clients
• AppFoliocoreTechnology or IntegrationProperty management software platform powering tenant and owner portals for commercial and residential properties, enabling online payments, maintenance requests, and financial reporting
• GetVivedcoreTechnology or IntegrationVendor compliance management platform providing online portal for vendor documentation, insurance verification, and compliance tracking

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• FirstService Residential: Largest residential property management company in North America, with deep HOA and community association management capabilities across the U.S. Directly comparable to Felner's HOA management core, but operating at vastly greater scale and geographic breadth.
• Associa: National leader in community association and HOA management serving thousands of communities. Closely comparable to Felner's HOA business model, with CAI-aligned processes and similar service lines including maintenance and board support.
• RealManage: Community association management firm providing HOA, condominium, and high-rise management nationwide. Directly comparable service model to Felner, with an emphasis on technology-enabled owner and board portals.
• Sentry Management: Long-standing community association management company focused on HOAs, condominiums, and cooperatives. Comparable to Felner in its CAI-aligned operating model and HOA-heavy service mix.
• Greystar Real Estate Partners: Global leader in multi-family rental property management, investment, and development. Directly comparable to Felner's Multi-Family service line, though operating at massive scale and with a national footprint.

Broad incumbents

• Lincoln Property Company: Diversified national real estate services firm offering residential, commercial, and mixed-use property management. Overlaps with Felner's multi-family and commercial service lines as part of a much broader portfolio.
• CBRE Group: Global commercial real estate services and investment firm with large property and facilities management operations. Overlaps with Felner's commercial property management offering but operates at far greater scale and global reach.
• Cushman & Wakefield: Major global real estate services firm with significant property management operations for office, retail, and multi-family assets. Comparable in service mix to Felner's commercial management business but at national/global scale.

Regional players

• BlueStone Property Management: Northeast-based residential and commercial property management firm serving CT, NY, and surrounding markets. Closely comparable regional competitor to Felner, with overlapping HOA and multi-family service lines.
• Heritage Property Management: Connecticut-based property management firm serving condominium, HOA, and multi-family communities. Direct regional peer to Felner with a similar Connecticut-centric operating model and customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Felner Corporation