Enfield Management Company

What Enfield Management Company does

Enfield Management Company, LLC is a Nashville, Tennessee-based property management firm founded in 2013 by Robert S. King and Glynda Shamwell to manage the multifamily portfolio of affiliated developer Highmark Holdings, LLC, while also pursuing third-party management contracts. The company operates across four property types: market-rate multifamily, affordable housing financed via Low Income Housing Tax Credits (LIHTC) and USDA Rural Development programs, luxury condominium associations, and student housing. It manages approximately 2,000 units across 14 apartment communities, concentrated in Middle and East Tennessee (Athens, Greenbrier, Clarksville, Cleveland, and Nashville).

The firm's core technology and operating stack is conventional property-management infrastructure: it uses RealPage for apartment marketing, supports online rent payment and maintenance requests through a website portal, and operates with on-site managers and leasing agents at each property overseen by regional managers. It holds sector-specific credentials including THDA Certified Property Management Company status, Novogradac Property Compliance certification, and staff-level HCCP and PHM certifications, which are prerequisites for managing tax-credit and rural-development affordable housing.

Enfield generates revenue through recurring property management fees on managed units, with rent ranges across its portfolio between $850 and $1,200 per month depending on unit size and location. Disclosed gross revenue was $958,000 in 2019 and $1.0 million in 2020, indicating a small but growing fee base. The company is privately held by its co-founders, has 51–100 employees, and as of June 24, 2024 merged with Elmington Property Management, a move expected to materially expand the managed book beyond the legacy Tennessee footprint. It has been recognized by the Tennessean as a Top Workplace in 2021 and 2022 and by the Nashville Business Journal as the fourth largest multifamily property manager in Nashville.

Name

Enfield Management Company

Legal name

ENFIELD MANAGEMENT COMPANY, LLC

Website

https://enfield-management.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

Enfield Management Company is a Nashville-based multifamily property management firm founded in 2013, managing approximately 2,000 units across market-rate, LIHTC affordable, luxury condominium, and student housing communities in Tennessee. It operates as the management affiliate of developer Highmark Holdings and merged with Elmington Property Management in June 2024.

Ownership category

akta.pro rank

Product category

Multifamily Property Management

NAICS

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

SIC

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

akta.pro primary industry

Multifamily (Apartment) Property Management (BPAJAGAD)

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Multifamily & Student Housing Asset Management (BPAJAMAD)

Keywords

• Multifamily property management
• Affordable housing management
• Apartment leasing services
• LIHTC housing administration
• Condominium association management

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

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: Enfield Management generates revenue through property management fees for managing multifamily apartment communities, including market rate, affordable housing (LIHTC), student housing, and luxury condominiums. The company achieved $958k gross revenue in 2019 and $1 million gross revenue in 2020.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Enfield Management Company provides professional property management services for multifamily apartment communities across Tennessee, including market rate apartments, affordable housing (Low Income Housing Tax Credit/LIHTC) properties, student housing developments, and luxury condominium associations. The company handles leasing, maintenance, resident services, regulatory compliance, and community partnership programs across roughly 2,000 units in 14 communities, primarily serving properties owned by Highmark Holdings, LLC.

Product overview

Enfield Management Company is a property management firm providing comprehensive management services for multifamily apartment communities. The company operates a portfolio of residential properties including market rate multifamily housing, affordable housing (LIHTC), luxury condominium associations, and student housing developments. The core service offering is property management encompassing leasing, maintenance, resident services, and community partnerships. Properties are located across Tennessee including Athens, Greenbrier, Clarksville, Cleveland, and Nashville areas.

Differentiator

Problem solved

Functional benefit

Products and services

• Multifamily Property Management Services
• Affordable Housing (LIHTC) Management
• Student Housing Management
• Luxury Condominium Association Management
• Resident Services and Community Programs

Quantifiable outcome

• 42 units of Biltmore Place Phase II leased in 30 days
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

23 partnerships are on record, tiered core and minor.

• Veterans Affairs Supportive HousingcoreStrategic or Co-development PartnerPartnership to provide housing and support services for veterans in Enfield-managed communities
• Metro Health DepartmentcoreStrategic or Co-development PartnerCollaboration with local health department to provide health and wellness programs for residents
• NICE (Nashville International Center for Empowerment)coreStrategic or Co-development PartnerPartnership providing services including English second language classes and support programs for international residents
• Barnabas VisioncoreStrategic or Co-development PartnerCommunity organization partnership providing support services to residents
• UT Agriculture ExtensioncoreStrategic or Co-development PartnerPartnership with university extension services providing nutrition, cooking classes, and agricultural education programs
• Regions BankcoreStrategic or Co-development PartnerFinancial literacy and personal finance program partnerships for residents
• Book 'EmminorStrategic or Co-development PartnerLiteracy program partnership supporting youth and adult reading programs
• Greater Nashville Apartment AssociationcoreOthersIndustry association membership providing networking and professional development opportunities
• Nashville Chamber of CommercecoreOthersBusiness association membership for community engagement and business networking
• Urban Land InstituteminorOthersProfessional real estate development association membership
• Nashville Food ProjectcoreStrategic or Co-development PartnerPartnership to provide hot meals to residents at River Retreat, Parkwood Villa, and Biltmore Place properties
• Big Brothers Big Sisters of Middle TennesseecoreStrategic or Co-development PartnerYouth mentoring programs for residents through this partnership
• Girl Scouts of Middle TennesseeminorStrategic or Co-development PartnerYouth development programs for young girls in Enfield communities
• TN Commission on AgingminorStrategic or Co-development PartnerPrograms and services for senior residents in communities
• Literacy AcademyminorStrategic or Co-development PartnerAdult and youth literacy programs for residents
• Goodwill Career SolutionscoreStrategic or Co-development PartnerJob readiness and career development programs for residents
• United Way of Rutherford CountyminorStrategic or Co-development PartnerCommunity support services through United Way partnership
• Workforce EssentialsminorStrategic or Co-development PartnerWorkforce development and employment assistance programs
• GREAT Families (MNPD)coreStrategic or Co-development PartnerPolice-community partnership supporting family stability and youth development
• Tennessee State UniversitycoreStrategic or Co-development PartnerEducational partnership providing health and wellness classes and youth development programs
• New Season ChurchminorStrategic or Co-development PartnerPartnership to provide hot meals to residents alongside Nashville Food Project
• Tennessee Housing and Development AgencycoreOthersCertified Property Management Company status; Mr. McDonald acted as first Bond trustee for THDA, an early state housing finance agency
• Martha O'Bryan CentercoreStrategic or Co-development PartnerBoard membership - Mr. King serves on the Board of Directors; Ashley Stockton-Massie serves on NextUp Board. Nashville's oldest nonprofit serving the underprivileged

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• RAM Partners: Atlanta-based multifamily property management company managing conventional, affordable, and student housing portfolios. Closely comparable LIHTC compliance specialization, similar owner-third-party mandate structure, and overlapping Sun Belt operating geography.
• Fogelman Property Group: Memphis-headquartered multifamily PM firm serving conventional and affordable housing across the Southeast. Comparable in regional footprint, third-party management model, and LIHTC working knowledge.
• Asset Plus Companies: Houston-based multifamily property management firm operating across Texas and the Southeast. Comparable third-party PM model, conventional and affordable housing mix, and similar mid-sized operator profile.
• Drucker + Falk: Southeast and Mid-Atlantic multifamily property manager with conventional and affordable portfolios. Comparable in third-party PM service delivery, regional density strategy, and owner-side focus.
• Elmington Property Management: Nashville-based multifamily property management firm that merged with Enfield in June 2024. Same Tennessee footprint, comparable LIHTC and market-rate multifamily focus, overlapping owner relationships, and identical Top-4 Nashville PM positioning.
• Pegasus Residential: Multifamily management firm operating conventional and affordable communities across the Southeast and Texas. Comparable third-party management business model and LIHTC specialty housing exposure.
• RKW Residential: Southeast-based third-party multifamily management firm serving conventional and affordable housing owners. Comparable in operating model, LIHTC/RD working knowledge, and regional mid-market positioning.
• RangeWater Real Estate: Atlanta-based multifamily owner/operator with Southeast build-to-rent and garden-style focus. Comparable in Sun Belt regional footprint and in providing both property management and investment-adjacent services to owners of multifamily assets.

Broad incumbents

• Lincoln Property Company: National multifamily and commercial property management firm. Comparable in third-party apartment management, residential leasing operations, and owner-services depth, but operates at dramatically larger scale across U.S. markets.
• Greystar Real Estate Partners: Largest U.S. multifamily and student housing property manager with hundreds of thousands of units. Comparable in multifamily PM services and student housing segments, though broader in scale and geographic reach than Enfield.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/enfieldmanagement
• LinkedInlinkedin.com/company/enfield-management-company

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Enfield Management Company