Barkan Management

What Barkan Management does

Barkan Management Company, Inc. is a privately held, family-run residential property management firm headquartered in Newton, Massachusetts, operating as part of The Barkan Companies. Founded in 1964 by Mel A. Barkan as Barkan Construction Company and entering property management in 1981, the firm manages 192 properties encompassing more than 30,000 units across seven Northeast Corridor states through 700+ employees and seven regional offices (Newton, Boston, Providence, Hartford, Cape Cod, Washington DC, and New York). The portfolio spans ultra-luxury high-rises, market-rate apartments, mixed-use developments, condominiums, cooperatives, homeowner associations, and affordable housing communities.

The company's core offering is full-service property management for board-controlled communities, built on third-party technology platforms — YardiOne for accrual-based accounting and financial reporting, CINC WebAxis/Systems for owner portals and payments, StrongRoom for accounts payable, UKG Ready for HR/payroll, and Microsoft Office 365 for productivity. Adjacent service lines include development consulting (operating budgets, market analysis, lease-up planning), outsourced accounting for other management companies, marketing and leasing, capital improvement project oversight (including oversight of projects exceeding $40M+ in scope), facilities maintenance, and energy and sustainability consulting. The subsidiary Barkan Compliance Solutions specializes in regulatory compliance for affordable housing programs (LIHTC, Section 8, HUD, HOME, and state housing finance agencies).

Barkan generates revenue primarily through professional services fees from property management contracts, with pricing varying by property size, type, service scope, and geography. Go-to-market is sales-led and relationship-driven, leveraging more than 35 years of brand recognition and an average client tenure exceeding 12 years. Customer segments include private condominium and co-op boards, real estate developers (e.g., National Real Estate Advisors, HYM, Extell), affordable housing nonprofits (B'nai B'rith Housing, Pawtucket Central Falls Development Corp), and public housing authorities. The company operates under second-generation family leadership with Peter M. Barkan as CEO and Daniel L. Bauman as President, and reports no external private equity or institutional ownership.

Name

Barkan Management

Legal name

Barkan Management Company, Inc.

Website

https://barkanco.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Barkan Management Company is a family-run, full-service residential property management firm managing 192 properties and 30,000+ units across seven Northeast Corridor states, serving condo/co-op boards, developers, and affordable housing providers with management, accounting, compliance, and consulting services.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

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

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

HOA / Condominium Association Management (BPAJAFAH)

akta.pro secondary industries

Association Compliance, Governance & Board Support Services (BPAJAHAN), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Affordable Housing Property Management (BPAJAGAJ), Townhome & PUD Association Management (BPAJAHAE)

Keywords

• Residential property management
• Condominium management services
• Affordable housing compliance
• Real estate consulting
• Capital improvement projects

Headquarters

HQ city

Newton

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Full-service property management fees for condominiums, cooperatives, apartments, and homeowner associations. Services include daily operations, management, marketing and leasing, resident relations, financial reporting, capital projects, maintenance, and consulting.
2. Development Consulting: Consulting services during development of projects including operating and lease up budgets, market analysis, unit mix and pricing, market absorption schedules, and branding assessment
3. Outsourced Accounting Services: Financial backbone services for common-ownership interest properties and management companies, handling collections, bill payment, and monthly accrual-based accounting
4. Affordable Housing Compliance Services: Regulatory compliance services through Barkan Compliance Solutions affiliate, providing recertification and LIHTC compliance services for affordable housing communities

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Barkan Management Company provides full-service residential property management for condominiums, cooperatives, apartments, and affordable housing communities primarily in the Northeast Corridor. Services span daily operations, accrual-based accounting and financial reporting, board governance support, marketing and leasing, capital improvement project oversight, outsourced accounting, and developer/real estate consulting. The company operates Barkan Compliance Solutions as a dedicated affiliate for regulated affordable housing compliance.

Product overview

Barkan Management Company operates as a full-service residential property management firm offering an integrated suite of services for condominiums, cooperatives, apartments, and affordable housing. The company encompasses five related real estate service businesses: property management and accounting, development consulting, marketing and leasing, capital improvement projects, and affordable housing compliance. The core offering is Full-Service Property Management, which provides accrual-based accounting, financial reporting, board governance support, and maintenance oversight. This is complemented by Barkan Compliance Solutions, an affiliate providing specialized regulatory compliance for affordable housing. Services are delivered through more than 700 employees across corporate and regional offices in the Northeast Corridor.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Average client retention of more than 12 years
• +3 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• B'nai B'rith Housing New EnglandcoreStrategic or Co-development Partner · 7 July 2021Developer and sponsor of The Coolidge at Sudbury, a 120-unit senior living affordable housing community (64 units phase 1, 56 units phase 2) financed with Low-Income Housing Tax Credits. Barkan provides management and Barkan Compliance Solutions provides LIHTC compliance services for both phases.
• Housing Corporation of ArlingtoncoreStrategic or Co-development Partner · 11 June 2021Nonprofit providing decent, affordable housing for low- and moderate-income families in Arlington and surrounding communities. Barkan Compliance Solutions engaged to provide recertification and compliance services for 32 LIHTC and HOME units at Capitol Square Apartment Complex.
• Housing Authority of the City of Newport, RIcoreStrategic or Co-development Partner · 26 May 2021Public housing authority serving 2500+ people. Barkan Compliance Solutions engaged to provide recertification and compliance services for approximately 200 LIHTC, HOME, and Project Based Section 8 units.
• National Real Estate Advisors, LLC / HYM Investment Group, LLCcoreStrategic or Co-development Partner · 3 May 2021Ownership and development team for The Sudbury, a 55-unit luxury condominium at 110 Sudbury Street in Boston's Bulfinch Crossing. Barkan provides full spectrum management services for this landmark 46-story tower.
• Watermark LLC (Horizons for Homeless Children / Watermark Development Inc.)minorStrategic or Co-development Partner · 1 October 2020Joint venture between nonprofit Horizons for Homeless Children and Watermark Development Inc. Barkan provides full services management for 1785 Columbus Condominium Trust, a seven story, 133,223 square foot commercial condominium in Boston.
• Pawtucket Central Falls Development CorporationcoreStrategic or Co-development Partner · 1 September 2020Nonprofit developer that has invested more than $40 million into local communities since 1990. Barkan provides full-service management for 256 affordable residential units in Pawtucket and Central Falls, RI.
• Extell (New York-based developer)coreStrategic or Co-development PartnerDeveloper of the Intercontinental Boston waterfront mixed-use community (130 condominiums, 410-room hotel, retail, parking). Barkan engaged for pre-construction consulting, hotel collaboration, and project opening in November 2006, continuing to manage the Primary Unit and Residences.
• Yardi SoftwarecoreTechnology or IntegrationProperty management software platform used by Barkan for financial services and accounting operations. Described as 'the gold standard of property management software' enabling streamlined and standardized operating processes.
• CINC (Community Insurance Corporation)coreTechnology or IntegrationCINC WebAxis and CINC Systems platforms used for owner portal, payments, and owner communications. One-stop portal for payments and owner communications as of April 1, 2024.
• Community Associations Institute (CAI)coreOthersProfessional association for community association management. Barkan staff hold CMCA, AMS, and PCAM designations from CAI. Staff serve on CAI New England Board of Directors and Massachusetts Legislation Action Committee.
• Institute of Real Estate Management (IREM)coreOthersProfessional association for real estate management professionals. Barkan staff hold CPM (Certified Property Manager) designations through IREM.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bonaventure Property Management Services: Residential property management firm focused on condominium and apartment management. Directly comparable to Barkan's service offering; referenced as the prior employer of Barkan's current President before he led FirstService Residential DC Metro.
• AKAM Living Services: Northeast-focused residential property manager specializing in condominium, cooperative, and high-rise management in NYC and surrounding markets. Directly comparable service mix and customer profile to Barkan's Northeast Corridor portfolio.
• FirstService Residential: North America's largest residential property manager serving condominiums, cooperatives, and homeowner associations. Directly competes with Barkan across the Northeast and Mid-Atlantic, and is the prior employer of Barkan's current President. Closest comparable on business model and service mix.
• Legum & Norman Realty: Mid-Atlantic condominium and homeowner association manager serving DC, Maryland, and Virginia. Directly comparable to Barkan's Mid-Atlantic segment; notably the prior employer of Barkan's Senior VP heading Washington DC operations.
• Bozzuto Management Company: Mid-Atlantic and Northeast residential property manager handling apartments, condominiums, and mixed-use communities. Directly comparable customer base, service model, and regional footprint to Barkan.
• The Finch Group: Boston-based condominium and property management firm. Directly comparable to Barkan's Boston condominium segment; referenced as the prior employer of a Barkan Vice President.
• Associa: Largest community association management company in North America, focused on HOA, condominium, and cooperative management with national reach. Comparable to Barkan across board-controlled communities and shared service offerings.

Broad incumbents

• Lincoln Property Company Residential: National residential property management platform owned by a larger diversified real estate firm. Comparable to Barkan's apartment management line but with broader geographic and asset-class reach.
• Greystar Real Estate Partners: World's largest apartment and multifamily property management and investment firm with national scale. Comparable to Barkan's apartment management segment but operates as a much broader real estate platform spanning development, investment, and management.

Regional players

• Rose Associates: NYC-focused luxury and market-rate residential property manager with deep high-rise and condominium expertise. Comparable to Barkan's luxury condo segment (e.g., Fifty Liberty, Intercontinental) but concentrated in New York City rather than the broader Northeast Corridor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 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 Barkan Management