Demarco Management Corporation

What Demarco Management Corporation does

Demarco Management Corporation (DMC) is a privately held, Hartford, Connecticut-based property management firm founded in 1993 that delivers full-service commercial and residential property management to property owners, investors, and developers. The company operates as a certified Minority/Female owned business enterprise (MBE/FBE) and concentrates its portfolio in Connecticut, where it currently manages 300-plus residential units across 10 named properties spanning Bloomfield, Canton, Centerbrook, Hamden, Madison, Newington, Old Saybrook, Simsbury, Torrington, and Vernon, plus an additional New Haven listing (St Lukes). Tenant mix spans market-rate, affordable (units restricted to households earning at or below 30%, 50%, 60%, or 80% of Area Median Income), workforce, and ADA-accessible special needs housing.

Beyond core property management, DMC sells three specialized service lines: (1) accounting services covering HUD and CHFA report preparation as consulting engagements or as bundled or standalone full-service accounting, (2) compliance resources and programs tailored to properties of any size or funding source, and (3) a relocation department that has served more than 1,500 households over the past ten years under HUD federal guidelines. Revenue is generated through managed-services fees on residential and commercial portfolios and professional-services fees on accounting, compliance, and relocation engagements.

The underlying technology stack is operationally conventional: standard property management workflows, Energy Star-rated appliances and HVAC, National Green Building Standard certification on select communities, and ADA-accessible units (notably at Mather Street and Ojakian Commons). Distribution is direct — DMC engages property owners enterprise-style for management contracts and leases units directly to residential tenants through its website and on-site staff. Strategic partners include the National Multiple Sclerosis Society (Connecticut Chapter) and Regan Development Corporation (Ojakian Commons), Hope Partnership LLC (Spencer's Corner), and regulated relationships with HUD and CHFA. The company employs 101-250 people and has grown incrementally since founding with no disclosed funding rounds, acquisitions, or leadership transitions.

Name

Demarco Management Corporation

Legal name

Demarco Management Corporation

Website

https://demarcomc.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

Demarco Management Corporation is a Connecticut-based, MBE/FBE-certified full-service property management firm founded in 1993, managing 300-plus residential units across 10 properties plus commercial portfolios, specializing in affordable, workforce, and ADA-accessible housing with adjacent accounting, compliance, and relocation services.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Nonresidential Property Managers (531312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

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

akta.pro secondary industry

Association Compliance, Governance & Board Support Services (BPAJAHAN)

Keywords

• Property management services
• Residential property management
• Commercial property management
• Affordable housing management
• Compliance accounting services

Headquarters

HQ city

Hartford

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Full service residential and commercial property management fees charged to property owners and investors
2. Accounting Services: Accounting services ranging from consulting contracts for HUD and CHFA reports preparation to full service accounting as part of property management or standalone accounting agreements
3. Compliance Services: Compliance resources and programs tailored to meet specific needs of properties regardless of size or funding
4. Relocation Services: Relocation department handling plan development administration to execution for developments requiring tenant relocation

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Demarco Management Corporation provides full-service commercial and residential property management, operating since 1993 for property owners, investors, and developers. The company also offers specialized accounting services (HUD and CHFA reporting), compliance program management, and tenant relocation services following HUD federal guidelines. Its managed portfolio spans 300+ residential units across Connecticut across multiple sub-brand properties.

Product overview

Demarco Management Corporation is a certified Minority/Female owned business enterprise providing full service commercial and residential property management since 1993. The company's core offerings include residential property management, commercial property management, and specialized services including accounting (HUD/CHFA reporting), compliance, and relocation services. The portfolio includes 10 managed property sub-brands: Mather Street Apartments (Hamden, CT), Talcott Mill (Vernon, CT), Lavender Fields (Bloomfield, CT), Wellington at Madison (Madison, CT), Bearwoods Apartments (Canton, CT), Cedar Pointe (Newington, CT), Ojakian Commons (Simsbury, CT), Ferry Crossing (Old Saybrook, CT), Riverfront (Torrington, CT), and Lofts at Spencer's Corner (Centerbrook, CT). These properties offer various affordability tiers and accessibility features.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Property Management Full-service residential property management for multifamily housing communities, including tenant management, maintenance, and property operations, for property owners and investors.
• Commercial Property Management Full-service commercial property management providing comprehensive facility oversight and client support for commercial property owners.
• Accounting Services Accounting services ranging from consulting contracts for preparation of HUD and CHFA reports to full service accounting as part of property management or accounting-only agreements, serving market rate, affordable, and supportive housing portfolios.
• Compliance Services Compliance resources and programs tailored to help properties understand and operate in the world of property compliance, including HUD and Low Income Housing Tax Credit program administration.
• Relocation Services Handles all aspects of relocation from plan development administration to execution for developments requiring relocation of existing tenants, following HUD federal guidelines. Over 1,500 households served in the past 10 years.
• Talcott Mill Workforce development housing community of 83 residential units in a historic mill building in Vernon, CT, offering units at or below 60% of HUD Area Median Income with National Green Building Standard certification.
• Lavender Fields Energy Star, eco-friendly newly constructed apartment community in Bloomfield, CT featuring spacious kitchens with Energy Star appliances and modern conveniences.
• Bearwoods Apartments Energy Star, eco-friendly newly constructed apartment community in Canton, CT featuring spacious floor plans and modern conveniences in a wooded setting.
• Mather Street Apartments Newly constructed, energy efficient apartments in Hamden, CT featuring 12 special needs apartments meeting or exceeding ADA Standards with automated door openers, 42-inch wide doors, accessible bathrooms, and modified kitchens.
• Cedar Pointe 72-unit multifamily housing property in Newington, CT offering 1- and 2-bedroom units with fitness center, elevator, and central air.
• Ojakian Commons Independent apartment living community for people with disabilities in Simsbury, CT, developed in partnership with the National Multiple Sclerosis Society, featuring ADA-compliant barrier-free units with on-site programming.
• Ferry Crossing 16-unit affordable rental community in Old Saybrook, CT opened in 2012, featuring 4 one-bedroom, 8 two-bedroom, and 4 three-bedroom units for households at or below 80% of area median income.
• Riverfront Brand new 60-unit mixed-income, mixed-use community in Torrington, CT offering one, two, and three-bedroom apartments with rooftop deck, fitness center, and retail space.
• Wellington at Madison 31-unit multifamily residential community in Madison, CT consisting of 27 newly constructed units (14 one-bedroom, 13 two-bedroom) plus 4 existing units, offering affordable and market-rate apartments at 50%, 60% AMI, and market rate.
• Lofts at Spencer's Corner 17-unit mixed-income rental housing community in Centerbrook, CT offering 4 one-bedroom, 10 two-bedroom townhouse, and 3 three-bedroom townhouse units, managed by DMC through Hope Partnership LLC.

Quantifiable outcome

• Over 1,500 households served through relocation services over 10 years
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and major.

• National Multiple Sclerosis Society, Connecticut ChaptercoreStrategic or Co-development PartnerOjakian Commons developed in partnership with the National Multiple Sclerosis Society. The society provides programming opportunities on-site at Ojakian Commons, which was designed for independent apartment living for people with disabilities.
• Regan Development CorporationcoreStrategic or Co-development PartnerDevelopment partnership for Ojakian Commons, putting needs of those living with disabilities first in the design and development of the property.
• Hope Partnership, LLCcoreStrategic or Co-development PartnerHope Partnership LLC, through its managing agent DeMarco Management Corporation, offers affordable housing at Lofts at Spencer's Corner.
• HUD (U.S. Department of Housing and Urban Development)majorOthersDeMarco follows all federal guidelines as set by HUD for relocation services and operates properties compliant with HUD Area Median Income requirements.
• CHFA (Connecticut Housing Finance Authority)majorOthersIncome eligibility determined in accordance with Low Income Housing Tax Credit guidelines as administered by CHFA. CHFA administers housing finance programs for Connecticut.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Related Companies: A large diversified real estate firm with significant affordable and mixed-income housing exposure nationally, operating at a scale far above DeMarco but competing for similar affordable housing mandates.
• Greystar Real Estate Partners: The largest multifamily property manager in the U.S., offering residential management, investment, and development across market-rate and affordable segments. A broad incumbent that competes for the same third-party management mandates as DeMarco at a vastly larger scale.
• Lincoln Property Company: A national multifamily management and development firm with a broad Northeast presence. Competes for the same mid-market property management contracts DeMarco targets, but at materially greater scale.

Direct peers

• The Michaels Organization: A national developer and manager of affordable, mixed-income, and student housing, with expertise in LIHTC and HUD programs that directly parallels DeMarco's affordable housing and compliance focus.
• The NHP Foundation: A nonprofit affordable housing owner/operator providing resident services, supportive housing, and LIHTC-managed properties nationwide, broadly aligned with DeMarco's affordable and supportive housing focus.
• Beacon Communities: A developer and operator of affordable and workforce multifamily housing with deep LIHTC and HUD compliance experience, serving the same third-party affordable housing owner segment as DeMarco.
• Bozzuto Group: A diversified multifamily developer, manager, and service provider with Northeast U.S. concentration and active management of affordable and market-rate portfolios, overlapping DeMarco's geographic and product focus.
• Preservation of Affordable Housing (POAH): A nonprofit owner and manager of affordable multifamily housing across multiple states with expertise in HUD and LIHTC program compliance, broadly comparable to DeMarco's affordable housing and regulatory-driven model.
• WinnCompanies: WinnCompanies is one of the largest multifamily property managers in the U.S. with substantial affordable housing expertise (LIHTC, Section 8) and a meaningful Connecticut presence, making it the closest scaled comparable to DeMarco's affordable-housing-focused portfolio.
• McCormack Baron Salazar: A developer and manager of affordable, mixed-income, and mixed-use communities, including supportive and workforce housing with LIHTC and HUD program expertise, directly comparable to DeMarco's affordable housing model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Demarco Management Corporation