Umbrella Properties

What Umbrella Properties does

Umbrella Properties is a privately held, family-owned rental property management company founded in 1975 by Chuck Shepard and headquartered in Coburg, Oregon. The company operates a portfolio of more than 2,400 rental properties—including apartments, duplexes, townhouses, and single-family homes—across at least eight Oregon communities: Eugene, Springfield, Bend, Junction City, Coburg, Albany, and Lebanon, with more than 30 individually branded and marketed property sites. It also operates approximately 800 self-storage units under the Eugene Secure Storage brand. Umbrella Properties serves general renters, Section 8 and HUD voucher holders, seniors aged 62+ at dedicated communities (Sorgenfri & Hawthorne Park), and University of Oregon students, with rents ranging from roughly $925 to $3,000 per month depending on unit type and market.

The company's revenue model is built on recurring monthly rental income across the residential portfolio, supplemented by self-storage rentals, one-time application and screening fees ($10 per applicant for Eugene properties and $40 per applicant elsewhere), pet rent of $25 per pet per month, and ancillary fees. Pricing follows a per-unit monthly cadence with property-specific rent ranges and move-in specials (e.g., one month free rent on a 12-month lease). The technology stack centers on a property management platform with an online application portal, a maintenance request system, and the Securecafe resident portal for online rent payment. Distribution is direct-to-consumer via the umbrella properties website, property-specific microsites, a Weekly Specials email newsletter, organic search, and on-site property managers supported by three regional offices in Coburg, Eugene, and Bend.

The business remains privately held, with no disclosed institutional investor or PE backing, no public listing, and no subsidiaries, M&A activity, or restructuring disclosed. The company supports the Family to Family community program in partnership with PeaceHealth Sacred Heart Medical Center Foundation / Children's Miracle Network, and works with a small set of vendor partners (Signature Landscapes, Signature Carpet Cleaning) for that program. Customer concentration is diffuse across thousands of individual residential tenants, and no public revenue, funding, or financial disclosures exist.

Name

Umbrella Properties

Legal name

Umbrella Properties

Website

https://umbrellaproperties.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

Umbrella Properties is a privately held, family-owned rental property management company founded in 1975 in Oregon, operating 2,400+ residential units and 800 storage units across 8+ Oregon communities serving general renters, Section 8 holders, seniors, and university students.

Ownership category

akta.pro rank

Product category

Residential Property Management & Rental Housing

NAICS

Lessors of Residential Buildings and Dwellings (531110), Rental and Leasing Services (532), Lessors of Miniwarehouses and Self-Storage Units (531130)

SIC

Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

Keywords

• Residential property rentals
• Apartment leasing
• Property management services
• Multi-family housing
• Affordable rental housing

Headquarters

HQ city

Oregon City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Monthly rental payments from tenants occupying apartments, duplexes, townhouses, and houses across the company's portfolio of over 2,400 rental properties. Rent is collected through online portal (Securecafe) and in-office payments.
2. Application and Screening Fees: One-time application processing fees charged upon approval: $10 per applicant in Eugene properties and $40 per applicant for all other properties (Bend, Springfield, Junction City, etc.).
3. Storage Unit Revenue: Revenue from 800 storage units available to residents and the public.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Umbrella Properties owns, operates, and leases residential rental properties across Oregon's Willamette Valley and Central Oregon. The company manages over 2,400 rental units including apartments, duplexes, townhouses, and single-family homes, alongside 800 storage units, with tenants supported through on-site property managers, regional offices, and online portals for applications, rent payment, and maintenance requests.

Product overview

Umbrella Properties is a locally owned and operated property management company founded in 1975 by Chuck Shepard, managing over 2,400 rental properties and 800 storage units across Oregon's Willamette Valley and Central Oregon regions. The company offers a diversified portfolio of residential rental products including apartments, duplexes, townhouses, and single-family homes. The Eugene portfolio includes properties such as Southtowne Apartments, Oak Meadow, The Ponds on Alexander, Bailey Hill Meadows, Delta Grove, Fairfield Village, Fountain Villa, Heron Meadows, Manley Manor, Maple Manor, Riviera Village, Roosevelt Gardens & The Annex, Somerset Villas, The Crossings, West Hills Village, Woodland Creek, The Woodlands, and Eugene Homes & Duplexes. Springfield properties include Granada Park Duplexes, Hallmark Apartments, McKenzie Meadow Apartments, Northwood & R Street Apartments, and Thurston Duplexes. Bend properties include Awbrey Pines on the Butte, Empire Village Townhomes, Parks on the Green, and Pinewood Apartments. Junction City properties include Country CrossRoads and Chapel Creek Townhomes. The company also operates specialized senior housing (Sorgenfri & Hawthorne Park for residents 62+) and supports Section 8/HUD housing programs. Supporting services include online rental applications, maintenance request submission, and online rent payment through Securecafe.

Differentiator

Problem solved

Functional benefit

Products and services

• Southtowne Apartments 38-unit apartment complex in Eugene, Oregon featuring 1-2 bedroom units (560-850 sq ft) with an oversized swimming pool, on-site laundry, dishwasher, garbage disposal, and easy access to University of Oregon. Rent ranges $1,210-$1,525.
• Oak Meadow Apartment complex at 1320 Oak Patch Rd, Eugene, OR 97402 with 2-bedroom units (845 sq ft) available for rent at $1,390.
• The Ponds on Alexander Apartment complex at 435 Alexander Loop, Eugene, OR 97401 offering 1-3 bedroom units ranging from 486-2,062 sq ft with rent from $1,350-$3,000.
• Bailey Hill Meadows Apartment complex at 1515 Bailey Road, Eugene, OR 97402 with 1-2 bedroom units (625-1,118 sq ft) ranging from $1,305-$1,645.
• Delta Grove Apartment complex at 1844 Happy Ln, Eugene, OR 97401 with units 1,170-1,280 sq ft ranging from $1,550-$2,000.
• Fairfield Village Apartment complex at 1071 Fairfield Ave, Eugene, OR 97402 with units ranging from 520-1,000 sq ft, rent $1,175-$1,645.
• Fountain Villa Apartment complex at 1555 Coburg Rd, Eugene, OR 97401 offering 1, 2 & 3 bedroom units (824-1,186 sq ft) from $1,380-$1,985.
• Heron Meadows Apartment complex at 721 Throne Drive, Eugene, OR 97402 with units ranging from 784-1,232 sq ft, rent $1,400-$1,980.
• Manley Manor 8-unit apartment complex in Coburg, Oregon at 91100 N Coleman St with 2-bedroom units (700-900 sq ft) ranging from $1,250-$1,430, walking distance to parks and local shops.
• Maple Manor Apartment complex at 2521 Roosevelt Blvd, Eugene, OR 97402 with 1-bedroom units (437-546 sq ft) from $925-$1,170.
• Riviera Village Apartment complex at 130 River Ave, Eugene, OR 97404 with 1-2 bedroom units (600-1,000 sq ft) from $1,200-$1,650.
• Roosevelt Gardens & The Annex Apartment complex at 2280 Roosevelt Blvd, Eugene, OR 97402 with units 535-650 sq ft, rent $1,120-$1,275.
• Somerset Villas Apartment complex at 2800 Sunnyview Lane, Eugene, OR 97405 with 2-bedroom units (1,052-1,128 sq ft) from $1,750-$1,930.
• The Crossings Apartment complex at 4175 Wagner Street, Eugene, OR 97402 with units 644-833 sq ft ranging from $1,385-$1,645.
• West Hills Village Apartment complex at 1459 City View Street, Eugene, OR 97402 with Studio-3 bedroom units (313-846 sq ft) from $945-$1,525.
• Woodland Creek Apartment complex at 1455 Bailey Road, Eugene, OR 97402 with units ranging from 546-960 sq ft, rent $1,215-$1,670.
• The Woodlands Apartment complex at 555 Coburg Road, Eugene, OR 97401 with units 828-1,400 sq ft from $1,200-$2,145.
• Eugene Homes & Duplexes Single-family homes and duplex rentals in Eugene, OR offering 1-3 bedroom units (885-1,100 sq ft) from $1,475-$1,995.
• Granada Park Duplexes Duplex community in Springfield, Oregon with 2-3 bedroom units (870-1,200 sq ft) ranging from $1,645-$2,115.
• Hallmark Apartments Apartment complex at 1719 17th St, Springfield, OR 97477 with Studio-2 bedroom units (550-700 sq ft) from $1,035-$1,380.
• McKenzie Meadow Apartments Apartment complex at 715 Oakdale St, Springfield, OR 97477 with units 645-1,023 sq ft, rent $1,255-$1,620.
• Northwood & R Street Apartments Apartment complex at 1550 Q St, Springfield, OR 97477 with units 575-880 sq ft ranging from $1,120-$1,460.
• Thurston Duplexes Duplexes in the Thurston area of Springfield, Oregon offering 2-3 bedroom units (900-1,073 sq ft) with 2 baths, large garage, washer/dryer hookups, dishwasher, and most units have fenced backyards and fireplaces. Rent $1,425-$1,825.
• Awbrey Pines on the Butte Apartment complex at 2500 NW Regency Street, Bend, OR 97703 with units 244-969 sq ft, rent $1,005-$1,935.
• Empire Village Townhomes Townhome community at 20814 NE Sierra Drive, Bend, OR 97701 with units 706-1,492 sq ft, rent $1,460-$2,250.
• Parks on the Green Apartment complex at 61354 Blakely Road, Bend, OR 97702 with units 850-970 sq ft ranging from $1,285-$2,225.
• Pinewood Apartments Apartment complex at 1567 NE Purcell Blvd, Bend, OR 97701 with units 776-876 sq ft from $1,260-$1,415.
• Country CrossRoads Apartment complex in Junction City, OR with units 604-1,265 sq ft, rent $1,410-$2,050.
• Chapel Creek Townhomes Townhome community at 1797 Pear Loop, Junction City, OR 97448 with units 880-960 sq ft, rent $1,610-$1,915.
• Sorgenfri & Hawthorne Park Senior housing properties dedicated to residents aged 62 and older, located in the Eugene, Oregon area. Features age-restricted communities with an active residents association and activities.
• Storage Units Approximately 800 self-storage rental units operated by Umbrella Properties, available to residents and the public.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Three partnerships are on record, tiered minor.

• PeaceHealth Sacred Heart Medical Center Foundation / Children's Miracle Network (CMN)minorOthers · 1 January 2014Umbrella Properties has supported the Children's Miracle Network (CMN), a program of the PeaceHealth Sacred Heart Medical Center Foundation, since 2014. CMN raises money to enhance the NICU and Pediatric services at RiverBend, serving more than 4,000 kids every year.
• Signature LandscapesminorOthersPartner vendor providing complimentary yard care services to families supported through Umbrella Properties' Family to Family program.
• Signature Carpet CleaningminorOthersPartner vendor providing complimentary carpet cleaning services to families supported through Umbrella Properties' Family to Family program.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Holland Partner Group: Pacific Northwest apartment owner/operator active in Oregon and Washington markets. Comparable to Umbrella in its regional density, ownership-operator model, and workforce-housing tenant orientation.
• MG Properties: San Diego-based multifamily owner/operator active in the Western U.S. Comparable to Umbrella in its owner-operator model and similar value-oriented, market-rate apartment portfolio.
• Security Properties: Seattle-based owner and operator of multifamily housing across the Pacific Northwest. Closely comparable to Umbrella in its regional Pacific Northwest focus and ownership-operator model serving similar tenant demographics.

Broad incumbents

• Greystar Real Estate Partners: The largest multifamily property manager and operator in the U.S., managing over 800,000 units. Relevant as a broad incumbent that competes for third-party management mandates and provides a scale benchmark versus Umbrella's owner-operator model.
• UDR, Inc. Diversified apartment REIT operating garden-style and mid-rise communities nationwide. Useful as a benchmark for Umbrella's garden-style apartment operations and recurring rental revenue profile.
• Essex Property Trust: West Coast-focused publicly traded apartment REIT operating on the Pacific coast including the Pacific Northwest. Comparable to Umbrella's West Coast apartment focus, though at much larger institutional scale.
• Equity Residential: Large publicly traded apartment REIT with a coastal-urban portfolio. Provides institutional scale benchmarking for Umbrella's owner-operator model, though at a substantially larger, urban-skewed footprint.

Direct peers

• Asset Living: Large national multifamily property management firm managing market-rate and affordable housing for third-party owners. Comparable to Umbrella in residential property management activities, affordable housing exposure, and self-service resident portals.
• FPA Multifamily: Privately held multifamily owner-operator with properties across the Western U.S., including workforce housing. Directly comparable to Umbrella in private ownership structure, garden-style apartment focus, and middle-market tenant base.
• Avenue5 Residential: National multifamily property management firm serving owners of market-rate and affordable apartment communities. Comparable to Umbrella in residential property management operations and tenant-facing service delivery.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/umbrella-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Umbrella Properties