The K&D Group

Name

The K&D Group

Legal name

K&D Management, LLC

Website

https://kandd.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Multifamily Residential Real Estate

NAICS

Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (531110), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Operators Of Apartment Buildings (6513), Lessors Of Real Property, Nec (6519), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Corporate / Executive Housing Management (BPAJAFAK), Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Corporate & Executive Short-Term Housing Management (BPAJAIAH)

Keywords

• Multifamily residential rentals
• Property management services
• Corporate housing
• Historic renovation development
• Senior affordable housing

Headquarters

HQ city

Willoughby

HQ country

United States

HQ region

North America

Offices3 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. Residential Rental Income: Primary revenue stream from rental income across 40+ multifamily apartment communities with nearly 10,000 units throughout Northeast Ohio, including luxury downtown apartments, suburban communities, and senior/affordable housing
2. Corporate Housing: Fully furnished extended-stay apartments with minimum 30-day lease terms. Rates include utilities, light weekly housekeeping, fiber internet, smart TV, and fitness center membership. Additional revenue from gated lot and garage parking
3. Commercial Real Estate: Management of over 2 million square feet of commercial real estate holdings including office and retail space in mixed-use properties. Includes commercial leasing, tenant relations, and build-outs

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

The K&D Group owns, develops, and manages multifamily residential rental housing across Northeast Ohio, operating more than 40 apartment and mixed-use communities with nearly 10,000 units in three categories: Luxury Downtown Living (historic-conversion properties in Downtown Cleveland), Sophisticated Suburban Living (suburban family communities), and Senior/Affordable Housing (subsidized and senior properties). The company also runs a Corporate Housing division offering fully furnished extended-stay apartments on minimum 30-day leases and manages over 2 million square feet of commercial real estate.

Product overview

The K&D Group is Northeast Ohio's largest privately owned property management and development firm offering a portfolio of residential products across three living options: Luxury Downtown Living (nine historic properties in Downtown Cleveland featuring high-end finishes and amenities), Sophisticated Suburban Living (thirteen communities in quieter settings with pools and green spaces), and Senior/Affordable Housing (fifteen properties serving seniors 62+ and individuals with disabilities). The company also operates a corporate housing division providing fully furnished extended-stay apartments with all-inclusive rates. Properties range from market-rate luxury apartments to Section 8 qualifying communities, with total portfolio of approximately 10,000 units across 40+ communities. The entire portfolio is managed through the RENTCafe platform, with properties located throughout Northeast Ohio including Cleveland, Akron, Canton, and surrounding suburbs.

Differentiator

Problem solved

Functional benefit

Brands

• The Electric Building: Historic 1900 neo-classical building being converted to boutique apartments with 120 units featuring modern amenities including quartz countertops, stainless steel appliances, smart home technology, and high-speed fiber internet. Opening February 1, 2026.
• The Terminal Tower Residences
• Residences at 55
• Residences at Halle
• Residences at Leader
• Residences at 668
• The Residences at Hanna
• Residences at 1717

Products and services

• K&D Apartment Communities (Luxury Downtown, Suburban, Senior/Affordable) Multifamily apartment and mixed-use rental communities owned and managed by K&D, encompassing three living categories: Luxury Downtown Living, Sophisticated Suburban Living, and Senior/Affordable Housing across 40+ communities and nearly 10,000 units in Northeast Ohio. Each property is professionally managed with dedicated leasing and resident service staffs and offers amenities such as swimming pools, fitness centers, sundecks, and on-site staff.
• Downtown Cleveland Luxury Properties (The Electric Building, Residences at 55, Residences at 668, Residences at 1717, Residences at Halle, Terminal Tower Residences, Residences at Leader, Residences at Hanna, Stonebridge Waterfront) Collection of nine luxury apartment communities in Downtown Cleveland, many converted from historic office or commercial buildings, offering high-end finishes, modern amenities, and proximity to Playhouse Square, entertainment, and employment centers. Rents range from approximately $935 to $5,557 per month depending on property and unit size.
• Suburban Living Communities (Colonial Park Townhomes, Edgewater Landing, Euclid Meadows, Gates Mills Place, Harbor Crest, Lakeland Terrace, Morgan Park, Oliver House, Summerwood Commons, Trinity Towers, Water's Edge, Westbrook Village, Willoughby Hills Towers) Thirteen suburban apartment communities in Northeast Ohio offering family-friendly housing in park-like settings with amenities such as swimming pools, fitness centers, garage parking, and access to Metroparks. Monthly rents range from approximately $729 to $1,546.
• Senior and Affordable Housing (Jaelot, Jennings Commons, Riverpark, Spring Hill Villa, St. Andrews Tower, Statesman II, Warrensville Manor, Ellet Development, Riverview Towers, State Road, Sutliff II, Tallmadge Acres, Twinsburg, Village Tower, West High) Fifteen senior and affordable housing communities across Cleveland and Akron, serving seniors aged 62+ qualifying for Section 8 Senior Housing, individuals with disabilities, and families qualifying for Section 8 Family Housing, with on-site social services coordinators. Approximately 1,700 units overseen by VP of Senior Housing Kevin Hagen.
• K&D Corporate Housing Fully furnished extended-stay corporate apartments in Downtown Cleveland with minimum 30-day lease terms. All-inclusive rates include utilities, fiber internet, smart TV, light weekly housekeeping, and fitness center membership, with parking (gated lot / attached garage) available for additional charge. Serves business travelers, project-assignment professionals, relocating employees, and medical patients and families visiting Cleveland Clinic.
• The Electric Building Historic nine-story neo-classical landmark at 700 Prospect Avenue being converted into 120 boutique apartments (9 studios, 103 one-bedrooms, 8 two-bedrooms) featuring quartz countertops, stainless steel appliances, in-suite washer/dryer, smart home technology, keyless entry, high-speed fiber internet, 24/7 fitness center, and community lounge. First floor retail includes Tom's Watch Bar. Move-ins begin February 1, 2026.
• The Residences at Hanna (flagship property) Flagship K&D property located in Downtown Cleveland's Playhouse Square District with over 100 luxury apartments and corporate housing suites. Apartments feature granite countertops, stainless steel appliances, in-unit washer/dryer, with private fitness center, business center, on-site restaurant, market, and Starbucks. Minimum 30-day all-inclusive stays available for corporate housing guests.
• Commercial Real Estate (Office and Retail Space) Leasing, tenant management, and build-outs across more than 2 million square feet of office and retail space within K&D's mixed-use properties, including commercial space in Downtown Cleveland landmarks such as Terminal Tower, 55 Public Square, and the Hanna Building.

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• Cleveland BrownsminorStrategic or Co-development PartnerNFL franchise partnership with K&D as corporate partner. Joint marketing and community engagement initiatives through K&D's strategic corporate partnership program.
• Cleveland CavaliersminorStrategic or Co-development PartnerNBA franchise partnership with K&D as corporate partner. Community and marketing collaboration between downtown Cleveland's major residential developer and professional sports organization.
• Cleveland GuardiansminorStrategic or Co-development PartnerMLB franchise partnership with K&D as corporate partner. Relationship supports K&D's position in downtown Cleveland community and provides visibility among sports fans.
• Destination ClevelandcoreStrategic or Co-development PartnerOfficial tourism marketing organization for Greater Cleveland partnership. Supports K&D's marketing efforts and positions company as key contributor to Cleveland's revitalization and attraction of new residents.
• Downtown Cleveland Inc.coreStrategic or Co-development PartnerCentral improvement corporation partnership. CEO Karen Fanger served as board chair for three-plus years, leading strategic planning and organization expansion. Critical partnership for downtown development advocacy.
• Playhouse SquarecoreStrategic or Co-development PartnerTheater district partnership. K&D developed The Residences at Hanna as first apartment community in Playhouse Square District, directly adjacent to the second-largest theater district in the US. Key location advantage for downtown properties.
• Brooklyn Chamber of CommerceminorStrategic or Co-development PartnerLocal chamber of commerce membership supporting business community in Brooklyn, OH where K&D operates Westbrook Village property.
• Euclid Chamber of CommerceminorStrategic or Co-development PartnerLocal chamber membership supporting K&D's Euclid-area properties including Harbor Crest, Lakeland Terrace, Morgan Park, Summerwood Commons, and Colonial Park Townhomes.
• Mayfield Area Chamber of CommerceminorStrategic or Co-development PartnerChamber membership supporting Gates Mills Place property in Mayfield Heights.
• Heights-Hillcrest Regional Chamber of CommerceminorStrategic or Co-development PartnerRegional chamber membership supporting Shaker Heights properties including Oliver House, Statesman II, and Warrensville Manor.
• Shaker Heights Chapter of the Cuyahoga East Chamber of CommerceminorStrategic or Co-development PartnerLocal chapter membership supporting K&D's Shaker Heights community involvement.
• Willoughby Western Lake County Chamber of CommerceminorStrategic or Co-development PartnerChamber membership supporting Willoughby Hills Towers property and broader Lake County presence.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Fairfield Residential: Nationally scaled multifamily developer and operator owned by KKR, with conventional and affordable housing across the U.S. Institutional incumbent operating at similar scale to K&D but with private-equity backing and broader geographic reach.

Direct peers

• The NRP Group: Cleveland-based multifamily developer, owner, and operator with a portfolio of affordable, workforce, and market-rate apartments across multiple states. The most direct geographic peer to K&D, also rooted in Northeast Ohio with similar value-add and historic renovation experience.
• Harbor Group International: Privately held real estate investment and management firm owning and operating multifamily, commercial, and hotel properties nationally. Comparable vertically integrated owner/operator model with similar scale and active value-add acquisition strategy.
• JVM Realty Corporation: Midwest-based multifamily owner and operator focused on market-rate and affordable housing with LIHTC, HUD, and conventional communities. Comparable mix of affordable/subsidized and market-rate units across a regional footprint.
• Beztak Properties: Family-owned multifamily developer, owner, and operator based in the Midwest with luxury, market-rate, and senior living communities. Comparable privately held, founder-led model with integrated property management.
• Geis Companies: Privately held, family-owned real estate development and property management firm with multifamily, commercial, and mixed-use holdings in the Midwest. Comparable founder-owned model and diversified property type exposure.
• Edward Rose & Sons: Family-owned multifamily developer and operator with tens of thousands of units concentrated in the Midwest. Closely comparable founder/family ownership model, regional concentration, and integrated development + property management approach.
• Village Green: Privately held multifamily owner-operator managing ~40,000 apartments primarily in the Midwest. Comparable scale, family-ownership heritage, and mixed urban/suburban portfolio strategy.
• Millennia Housing Management: Mid-sized multifamily owner/operator with significant affordable housing (LIHTC, Section 8) and market-rate exposure. Comparable presence in HUD-regulated senior and family housing, particularly relevant given K&D's ~1,700-unit affordable/senior book.

Regional players

• Towne Properties: Cincinnati-based multifamily owner/operator with a portfolio of conventional and affordable apartments across Ohio and the Midwest. Regional Midwest peer with similar state-level geographic focus, though based in a different Ohio metro.

Market position

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/KandDManagement
• LinkedInlinkedin.com/company/kanddgroup
• Instagraminstagram.com/kandd_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries8 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 The K&D Group