UIP Property Management

What UIP Property Management does

UIP Property Management, Inc. (UIPPM) is a Washington DC-based, privately held multifamily property management and real estate investment company founded in 2000 by Wout Coster and Steve Schwat. The company manages approximately 3,000 residential units across Washington DC and Maryland, with a portfolio that includes 1841 Columbia (114 units), 1430 W Street (38 units), Park Road Courts (28 units), Kenyon House, Capitol Park Towers (289 units), and additional communities in Adams Morgan, Columbia Heights, Petworth, and Kalorama. The firm specializes in the acquisition, historic renovation, and ongoing management of Class A multifamily product in walkable DC neighborhoods — evidenced by a $7.5M renovation at 1841 Columbia and the conversion of a 1910-era building at 1430 W Street. UIP was recognized as the Washington Business Journal's Largest Property Management Company in 2021 and again in 2025.

UIP operates across three integrated business lines: UIP Property Management (day-to-day leasing, tenant relations, and maintenance), UIP Asset Management (investment oversight for owned or managed communities), and UIP General Contracting (renovation and development services). The company runs on a conventional property technology stack — Yardi Voyager for tenant management, rent collection, and maintenance requests; Funnel for leasing communications; and RentCafe (Yardi's marketplace) for resident-facing listings. Residents access services through an online portal for rent payment and maintenance submissions. Ancillary monetization includes a Renter Rewards Program (up to 5% of rent credited toward UIP condominium purchases) and a Guest Suite at The Argonne ($75/night).

The go-to-market motion is direct and locally concentrated: UIP acquires or contracts to manage properties in partnership with co-investors such as Criterion Holdings, PRP LLC, and Perseus Realty; leases units through property leasing offices, the company website, RentCafe, and organic social channels (Twitter, Facebook, Pinterest, Foursquare); and monetizes primarily through monthly residential rent on owned or managed units, plus management fees on third-party owner contracts. Leadership is held by Managing Partners Peter Bonnell and Heath Wilkinson (named in April 2014) with VP of Operations Jennie Hawkins as the operational head of UIPPM. The firm is privately held with no institutional investment or public market signals.

Name

UIP Property Management

Legal name

UIP Property Management, Inc.

Website

https://uippm.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

UIP Property Management is a Washington DC-based private company that manages approximately 3,000 multifamily residential units across DC and Maryland, specializing in historic renovation and operating integrated property management, asset management, and general contracting businesses.

Ownership category

akta.pro rank

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Revenue generated from managing apartment communities and providing property management services to property owners
2. Apartment Leasing: Revenue from leasing apartments to residents in their managed properties

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

UIP Property Management (UIPPM) is a full-service property management company that manages, leases, and maintains approximately 3,000 multifamily apartment units across Washington DC and Maryland. Core deliverables include leasing and tenant relations, rent collection, maintenance request handling, online resident services via the Rent Café/Yardi portal, renovation/construction services through its general contracting arm, and asset management for property owners.

Product overview

UIP Property Management (UIPPM) provides comprehensive property management services for multifamily apartment communities in Washington DC and Maryland. The company operates a portfolio of approximately 3,000 residential units across various properties. Core offerings include property management, general contracting/renovation services, and asset management. Residents access services through the Rent Café portal, which enables online rent payment and maintenance requests. The company specializes in historic renovations and has completed major projects like the 1841 Columbia and 1430 W Street renovations.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services Full-service property management for multifamily apartment communities, including leasing, tenant relations, maintenance coordination, and community operations across DC and Maryland properties. Target customers are individual renters and property owners/investors.
• UIP General Contracting Renovation, rehabilitation, and development contracting services for apartment communities, including historic renovations and Class A upgrades such as the $7.5M renovation at 1841 Columbia in Adams Morgan.
• UIP Asset Management Investment asset management for apartment communities owned or managed by UIP, overseeing portfolio performance, capital projects, and investor reporting.
• Guest Suite at The Argonne Fully furnished apartment rental offered to friends and family of residents at $75 per night including parking, providing additional revenue and resident amenity.

Quantifiable outcome

• Average Walk Score of 84 for managed communities

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Criterion HoldingscoreStrategic or Co-development Partner · 18 November 2013UIP and Criterion Holdings partnered to acquire Maryland apartment communities. In November 2014, the partnership acquired two Maryland communities with 385 units for $39.3 million.
• PRP LLCcoreStrategic or Co-development Partner · 18 November 2013PRP LLC partnered with UIP and Perseus Realty to acquire the 289-unit Capitol Park Towers complex in Washington DC, with plans for significant improvements.
• Perseus RealtycoreStrategic or Co-development Partner · 18 November 2013Perseus Realty partnered with UIP and PRP LLC to acquire the 289-unit Capitol Park Towers complex in Washington DC.
• YardicoreTechnology or IntegrationYardi provides the core property management software platform used by UIPPM for tenant management, rent collection, maintenance requests, and property operations. The Yardi Voyager platform is integrated into their resident services portal.
• Anne Frank HouseminorOthersCharitable partnership where UIP donates $1 to The Anne Frank House for every canned food item donated at their participating locations. The Anne Frank House provides housing and social services to people with chronic mental illness.
• Capital Area Food BankminorOthersCommunity partnership where all canned food donations collected at UIP locations are donated to the Capital Area Food Bank to fight hunger and homelessness in the DC area.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bozzuto Group: Mid-Atlantic-focused multifamily property manager, developer, and homebuilder. Directly comparable to UIP because both manage and develop apartment communities in the DC metro and run integrated PM/development platforms of similar scope.
• Bernstein Management Corporation: DC-based residential property manager owning and managing a large multifamily portfolio in the region. Comparable to UIP given overlapping DC geography, residential focus, and similar scale of managed units.
• WC Smith: DC-headquartered real estate firm managing and developing multifamily residential communities in the region. Comparable to UIP because of shared DC focus, multifamily operating model, and integrated development/management approach.
• Paradigm Companies: Washington DC real estate investment and management firm focused on multifamily residential properties. Comparable to UIP in DC geography, residential asset class, and integrated ownership/PM model.

Regional players

• The Donohoe Companies: DC-area real estate developer and manager operating multifamily and mixed-use assets. Comparable to UIP because both manage and develop DC-located residential product, though Donohoe is a broader hospitality/construction conglomerate.

Broad incumbents

• Greystar Real Estate Partners: Global leader in multifamily property management, development, and investment. Comparable to UIP because it operates in the same residential asset class with full PM services, but at vastly greater scale and with national reach.
• Lincoln Property Company: Large national multifamily manager and developer. Comparable to UIP because it competes for third-party PM mandates on residential portfolios, but operates at much larger scale across multiple US regions.
• JBG SMITH Properties: Public REIT focused on mixed-use and multifamily assets in the DC metro. Comparable to UIP because both own and operate residential real estate in DC, though JBG SMITH is a public company at materially greater scale.
• WinnCompanies: National multifamily developer and manager with significant DC presence. Comparable to UIP because it provides full-service residential PM and asset management in overlapping DC markets, but at national scale.

Others

• CBRE Group: Global commercial real estate services firm with residential property management advisory and operating capabilities. Comparable to UIP because UIP's senior leaders (e.g., Jayme Tehan) come from CBRE, and CBRE competes for the same institutional owner mandates, though CBRE is a diversified services platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/uippm
• Facebookfacebook.com/uippm
• Pinterestpinterest.com/uippm
• LinkedInlinkedin.com/company/urban-investment-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 UIP Property Management