mem property management

What mem property management does

MEM Property Management Corporation is a privately held, family-owned residential property management firm headquartered in Ridgefield Park, New Jersey, serving homeowners associations, condominium associations, townhome communities, 55+ active adult communities, and high-rise communities across the state. Founded approximately 30 years ago by Martin Laderman, who continues to serve as CEO, the company operates through five regional offices (North in Ridgefield Park, Central in Somerset, South in Galloway, plus Marlton and Princeton) and provides full-service outsourced association management covering vendor management, property inspections, accounting and financial reporting, resident services, and assessment collections.

The company's core product is recurring property management for community associations, supplemented by a set of branded service modules that extend wallet share within the managed book. These include MEM Construction Services Inc. (a wholly owned subsidiary launched in February 2019 providing licensed general repair and maintenance for association common areas and units), MEM Collection Services (launched in 2019 in partnership with Miami-based Axela Technologies to automate delinquent assessment recovery in compliance with FDCPA, FCRA, and CFPB), MEM Insurance Services (HOA-specific business insurance placement including property, liability, D&O, and crime coverage), and HomeWise Resale Services (a resale document portal for residents). The resident-facing technology layer is assembled from third-party SaaS platforms—ReviewMyInvoice for dues payments, Striven for maintenance requests, HomeWise Docs for document storage, and Formsite for census forms—rather than a single proprietary stack; the company does not publish an API or developer-facing documentation and has no disclosed AI/ML capabilities.

Revenue is generated primarily through recurring management fees paid by community associations on multi-year contracts, supplemented by construction services revenue from MEM Construction Services, insurance placement commissions, and recovery-based collections (where associations receive 100% of amounts recovered and MEM earns a separate transaction-based fee via its Axela partnership). Pricing is quote-based and not publicly disclosed. Go-to-market is sales-led and relationship-driven, with direct outreach, board referrals, website inquiries, and testimonial-led conversion; the founder-CEO and regional managers participate directly in board engagements. The firm is recognized on the Inc. 5000 list of fastest-growing private companies and has held BBB A+ accreditation since 2012. The company is privately held by the Laderman family with no disclosed outside investors, acquisitions, or capital raises.

Name

mem property management

Legal name

mem property management corporation

Website

https://memproperty.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

MEM Property Management Corporation is a family-owned New Jersey firm providing full-service residential property management for HOAs, condominiums, townhomes, 55+ active adult, and high-rise communities, with five regional offices and supplementary construction, collections, and insurance service lines.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Services to Buildings and Dwellings (5617)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

Senior & Assisted Living Residential Property Management (BPAJAFAE)

Keywords

• HOA property management
• Condominium association management
• Residential community management
• HOA financial management
• Community association services

Headquarters

HQ city

Ridgefield Park

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Full-service residential property management for HOAs, condominiums, townhomes, and active adult communities. Revenue generated through ongoing management fees.
2. Construction Services: MEM Construction Services Inc. offers general repairs, deck repair/replacement, interior repair, roof and skylight repair, fencing, siding, foundation repair, gutter repair, debris removal, water damage restoration, plumbing and electrical services for managed communities.
3. Insurance Services: HOA business insurance products including property coverage, liability insurance, directors and officers liability, business crime insurance, and guaranteed replacement cost options for community associations.
4. Collection Services: Collections partnership with Axela Technologies enabling efficient recovery of delinquent assessments. No additional fees charged to associations - the service is provided to recover owed assessments.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

mem property management delivers full-service residential property management for homeowners associations, condominium associations, 55+ active adult communities, townhomes, and high-rise communities across New Jersey. Core deliverables include vendor management, property inspections, full-service accounting and financial management, and resident services, supported by add-on service lines for construction repair, insurance brokerage, delinquent-assessment collections, and resale documentation.

Product overview

MEM Property Management offers a unified property management platform for residential communities (HOAs, 55+, condominiums, townhomes, high-rises) across New Jersey, supported by four integrated service modules: MEM Construction Services (licensed repair/maintenance contractors), MEM Collection Services (Axela-powered delinquent receivables recovery), MEM Insurance Services (HOA-specific coverage), and HomeWise Resale Services. The core platform is supplemented by an online resident portal providing account access, digital payments, maintenance requests, and document management.

Differentiator

Problem solved

Functional benefit

Brands

• mem construction services inc. Comprehensive repair, maintenance and improvement solution for homeowners associations in New Jersey, offering general repairs including deck repair, roof repair, plumbing, electrical, and other home improvement services.
• mem collection services
• mem insurance services

Products and services

• Property Management Services Full-service residential property management for Homeowners Associations, 55+ communities, condominiums, townhomes, and high-rise communities throughout New Jersey, including vendor management, property inspections, accounting services, and resident services.
• MEM Construction Services Inc. Comprehensive repair, maintenance, and improvement service for associations offering general repairs including deck repair/replacement, interior repair, roof and skylight repair, fencing, siding/wood repair, foundation repair, gutter repair/cleaning, debris removal, water damage restoration, plumbing, and electrical work performed by licensed and bonded contractors.
• MEM Collection Services Collections service using the Axela Technologies platform to manage delinquent account receivables for community associations, employing proactive communications and negotiation compliant with FDCPA, FCRA, and CFPB regulations; associations receive 100% of owed amounts with no additional fees.
• MEM Insurance Services

Quantifiable outcome

• A+ rating from Better Business Bureau
• +2 more outcomes

Named customers8 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

Integration4 records

Feature3 records

Partnerships

One partnership is on record.

• Axela TechnologiescoreTechnology or IntegrationPartnership with Axela Technologies, a Miami-based company specializing in automated solutions for community associations to manage delinquent account receivables. The partnership enables MEM Property Management to maximize efficiency and effectiveness of the recovery process for association clients. Axela serves as the credit reporting entity responsible for all debt collection and credit reporting compliance under FDCPA, FCRA, and CFPB regulations. This is a proactive, respectful approach to collections that works directly with unit owners to secure outstanding assessments.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Vesta Property Services: Full-service property management company serving HOAs, condominium associations, and active adult communities across the East Coast and beyond. Closely comparable to MEM in customer segments (HOAs, condos, 55+) and service mix, though larger and more geographically diversified.
• Campbell Property Management: New Jersey-based residential property management firm specializing in HOA, condominium, and townhome communities. Operates in the same regional market as MEM with similar full-service community management offerings and active adult community expertise.
• RealManage: Provides community association management for HOAs, condominiums, and townhome communities with integrated technology and financial services. Directly overlaps with MEM's core property management, financial management, and resident portal offerings, serving similar mid-market association clients.
• Taylor Management Company: New Jersey-based community association management company serving HOAs, condominium associations, and active adult communities — directly comparable to MEM in geographic focus (NJ-heavy), customer segments, and boutique service positioning.
• CAMS (Community Association Management Services): Specialized community association management firm serving HOAs and condominium associations primarily in the Mid-Atlantic and Southeast. Directly comparable to MEM in service model (full-service residential community management with integrated financial and vendor services) and target customer base.

Broad incumbents

• FirstService Residential: One of the largest residential property managers in North America, managing thousands of HOA and condominium communities. Directly comparable to MEM's core offering of full-service community association management, but at vastly greater national scale and with deeper technology investment.
• Associa: National leader in HOA and community association management with a large portfolio of community management clients across the U.S. Competes with MEM for HOA/condominium association contracts and offers overlapping services including financial management, vendor coordination, and resident portals.

Regional players

• Kessler Green Management Group: Regional community association management firm operating primarily in the Northeast U.S., serving HOAs and condominium associations with financial and operational management services. Comparable to MEM in service mix and mid-market HOA focus, though smaller scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/memproperty
• YouTubeyoutube.com/user/MEMPropertyManagemen
• Facebookfacebook.com/mempropertymanagement
• LinkedInlinkedin.com/company/mem-property-management
• Instagraminstagram.com/mempropertymanagement

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 mem property management