Ascend Real Estate & Property Management

What Ascend Real Estate & Property Management does

Ascend Real Estate & Property Management is a Bakersfield, California-based, privately held, locally owned and operated non-franchise firm providing integrated residential real estate services across Kern County. Founded in 2015 under founder/CEO Nik Boone, the company operates four core service lines: property management (residential and commercial), real estate sales brokerage, tenant placement, and licensed construction and remodeling. It manages more than 1,800 rental properties, has facilitated the sale of over 500 homes, and serves 16+ Kern County communities including Bakersfield, Rosedale, Lamont, Delano, McFarland, Arvin, Taft, Wasco, Shafter, Oildale, Tehachapi, and Lake Isabella. Operations are supported by a 20+ person in-house team across leasing, sales, accounting, admin, maintenance, and construction, plus a general manager (Vanessa Villalobos) overseeing day-to-day execution.

The technology stack is anchored on AppFolio, which powers the tenant portal for rent payment, maintenance requests, and lease documents, and the owner portal for financial reporting and disbursements. Sales inventory is distributed through MLS via the Bakersfield Association of Realtors plus Zillow, Trulia, and Facebook Marketplace. The firm holds DRE broker license #01978289 and CSLB contractor license #1067040, and operates from a single headquarters at 7606 Meany Ave. Suite 101, Bakersfield. Marketing combines the company website, listing platforms, an email newsletter offering a free property management guide, and referrals driven by 1,600+ five-star reviews (4.6 average rating).

Ascend generates revenue through five streams: recurring property management fees (8% of gross rent for 1-4 unit portfolios, custom pricing for 5+ units), one-time leasing fees ($400 per vacant unit placed), brokerage commissions on home sales, per-inspection fees ($100 each), and usage-based maintenance and construction revenue ($65/hour plus materials). Target customers are property owners and investors seeking full-service management, residential tenants, and home buyers and sellers in Kern County. The company has earned recognition on the Inc. 5000 list of America's fastest-growing private companies, the 2026 Best of Bakersfield award for Property Management, and multiple individual honors for its founder.

Name

Ascend Real Estate & Property Management

Legal name

Ascend Real Estate & Property Management

Website

https://ascendbakersfield.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Ascend Real Estate & Property Management is a Bakersfield, California-based, locally owned firm offering integrated property management, real estate sales brokerage, tenant placement, and licensed construction and remodeling services to property owners, investors, tenants, and home buyers across 16+ Kern County communities.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate Agents & Managers (For Others) (6531), General Bldg Contractors - Residential Bldgs (1520), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

akta.pro secondary industries

Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA), Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Residential property management
• Real estate brokerage services
• Tenant placement leasing
• Home renovation remodeling
• Rental property maintenance

Headquarters

HQ city

Bakersfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Management Fees: Monthly management fee charged as percentage of gross rent collected from tenants
2. Leasing Fees: One-time fee per unit for tenant placement including advertising, screening, and move-in coordination
3. Real Estate Sales Commissions: Brokerage commissions from buying and selling residential properties
4. Inspection Fees: Fees for property inspections charged per inspection
5. Maintenance Services: Hourly maintenance labor plus materials for repairs
6. Construction and Remodeling: Full-service renovation and remodeling for property improvements

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Ascend Real Estate & Property Management is a full-service, locally owned real estate brokerage and property management firm serving Bakersfield and Kern County, California. Its core offerings are residential and commercial property management (including tenant placement, rent collection, inspections, and maintenance), buy-and-sell real estate brokerage, and in-house licensed construction and remodeling services. The company manages over 1,800 rental properties and has sold more than 500 homes across 13 Kern County communities.

Product overview

Ascend Real Estate & Property Management is a full-service real estate brokerage and property management firm operating as a locally owned, non-franchise company in Bakersfield and Kern County, California. The company offers a unified suite of services centered on four core products: Property Management (residential and commercial), Real Estate Sales (buy and sell), Construction & Remodeling, and Tenant Placement Services. These are supported by in-house modules for maintenance (7 days/week), owner onboarding, and property listings. The company manages over 1,800 rental properties and has facilitated the sale of more than 500 homes, operating across 13 Kern County communities including Bakersfield, Rosedale, Lamont, Delano, McFarland, Arvin, Shafter, Wasco, Oildale, Tehachapi, Lake Isabella, Taft, and Rosedale.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Full-service residential and commercial property management covering tenant placement, rent collection, maintenance, inspections, and owner disbursements for single-family homes, apartments, and commercial properties across Kern County.
• Real Estate Sales (Buy & Sell) Full-service real estate brokerage assisting buyers and sellers with property transactions, including pricing, staging, photography, virtual tours, MLS listings, negotiations, and escrow coordination.
• Construction & Remodeling In-house construction and renovation services for property improvements, repairs, and make-ready work, covering minor repairs, kitchen and bathroom remodels, whole-home renovations, room additions, and exterior upgrades performed by licensed and insured contractors.
• Tenant Placement Services Leasing services including tenant screening, application processing, background checks, employment verification, move-in coordination, property advertising, showings, key check-outs, and lease renewals.
• Property Listings (Sales) Active real estate listings for properties currently for sale, including single-family homes, condos, and multi-family properties, with professional photography and virtual tours.

Quantifiable outcome

• 4.6 star average rating with over 1,600 5-star reviews
• +3 more outcomes

Named customers4 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

Integration5 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• AppFoliocoreTechnology or IntegrationAppFolio provides the property management platform powering Ascend's tenant portal and owner portal. Tenants use AppFolio portal for rent payment, maintenance requests, and lease documents. Owners use portal for financial reporting and property oversight.
• MLS (Multiple Listing Service) via Bakersfield AORcoreChannel Partner/ Reseller/ DistributorProperties for sale are listed through the Multiple Listing Service via Bakersfield Association of Realtors, enabling broad distribution to buyer agents and buyers nationwide.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• FirstService Residential: Division of FirstService Corporation providing residential property management across communities, condos, and rental portfolios with national reach. Comparable on PM scale and service breadth but focused on HOA/condo and larger multifamily rather than SFR-heavy portfolios.
• Greystar Real Estate Partners: Largest multifamily and student housing operator/manager in the world, with developer roots and broad portfolio services. Comparable as a full-service residential PM incumbent but operates at vastly larger scale and primarily on multifamily rather than SFR.
• Lincoln Property Company: Large diversified real estate services firm offering residential and multifamily management alongside investment, development, and brokerage. Comparable as a full-service residential PM with adjacent brokerage/construction capabilities at much greater scale.
• Keller Williams Realty: Largest residential real estate brokerage franchise in North America by agent count and transaction volume. Directly comparable on Ascend's buy/sell brokerage arm, with Ascend being a regional DRE-licensed competitor in the Bakersfield market.

Emerging players

• Hemlane: Tech-enabled residential property management platform serving small-portfolio landlords with leasing, rent collection, and maintenance coordination. Comparable on PM technology and small-portfolio targeting but lighter-touch than Ascend's in-house construction stack.
• Roofstock: Online marketplace and management platform for single-family rental investment properties. Comparable on the buy-and-manage SFR investor thesis that drives Ascend's combined brokerage + PM offering, with a national marketplace wrapper.

Others

• AppFolio: Cloud-based property management software platform that powers Ascend's tenant and owner portals (ascendpropmgmt.appfolio.com). An enabling technology vendor / ecosystem partner rather than a competitor, but central to Ascend's daily operations.

Direct peers

• Property Management Inc. (PMI): Franchise-based residential and commercial property management network with local-franchisee delivery of leasing, tenant placement, and maintenance. Comparable on PM core offering and tiered fee structure but uses a franchise model rather than Ascend's direct ownership.
• RPM Living: One of the largest third-party residential property managers in the U.S., offering full-service PM, leasing, maintenance, and renovation across multiple states. Closest large-scale analog to Ascend's integrated PM + in-house maintenance + construction stack.
• Mynd Management (now Evernest): Tech-enabled single-family rental property manager operating in dozens of U.S. markets with a vertically integrated service offering. Directly comparable to Ascend's residential PM + in-house maintenance model at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ascend_estate
• Facebookfacebook.com/ascendrealestateandpropertymanagement
• LinkedInlinkedin.com/company/ascend-real-estate-property-management

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Ascend Real Estate & Property Management