Gene B. Glick Company

What Gene B. Glick Company does

Gene B. Glick Company, Inc. is a privately held real estate ownership, development, and property management firm headquartered in Indianapolis, Indiana, operating since its 1947 founding by WWII veteran Eugene "Gene" Glick and his wife Marilyn Koffman. The company manages nearly 23,000 apartment units across 13 states in the Midwest, Southeast, and Mid-Atlantic regions, organized into three property categories: affordable housing communities (income-restricted, LIHTC-funded, with Section 8 HAP contracts and HUD oversight), market-rate rental communities, and senior (55+) communities. Property-level operations are executed through 124+ onsite leasing and management teams, supported by a corporate structure spanning property management, maintenance, compliance, accounting, and resident services functions.

Core service offerings include the Service Coordination Program — one of the largest in the U.S., with 70+ coordinators serving 50,000+ residents annually through employment assistance, financial education, youth engagement, and senior support services. The company operates a 501(c)(3) subsidiary, the Glick Housing Foundation, which holds nearly 9,000 additional affordable housing units including programs targeted to veterans (Housing Our Heroes). Additional affiliated entities — the Glick Family Foundation and Glick Philanthropies — administer philanthropic programs including the Glick Gives Fund (dollar-for-dollar donation matching through Central Indiana Community Foundation), Glick Education Awards (over $700,000 to 103 recipients since 2020), and the Glick Loan Program (550+ loans totaling $1.5M+ since 2020).

Revenue is generated principally through monthly rental payments on the ~23,000 owned/managed units, complemented by ancillary fees and supplemental revenue from affiliated affordable housing programs. The company has no external equity funding and remains family-controlled. David Barrett has served as Chairman, President, and CEO since 2007-2008; the executive team includes a CFO/COO, General Counsel, and functional VPs across property management, development, maintenance, accounting, HR, tax credit development, and CSR. Notable diversification includes a joint venture with PK Partners on the River North at Keystone mixed-use development in Indianapolis, where the corporate office relocated in 2016.

Name

Gene B. Glick Company

Legal name

The Gene B. Glick Company, Inc.

Website

https://genebglick.com

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Gene B. Glick Company is a privately held, Indianapolis-based real estate owner, developer, and property manager operating nearly 23,000 apartment units — including affordable, market-rate, and senior communities — across 13 states, with a nonprofit foundation providing wraparound resident services.

Ownership category

akta.pro rank

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Apartment Rental Income: The company generates revenue through monthly rental payments from residents across its portfolio of nearly 23,000 apartment units in 13 states. Properties include affordable housing communities, market rate apartments, and senior living communities. The company also participates in tax credit developments and manages housing assistance programs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels10 records

Core offering

Gene B. Glick Company is a privately held real estate ownership, development, and property management firm that owns and operates nearly 23,000 apartment units across 13 states. Its portfolio is organized into Affordable Communities (LIHTC and income-restricted), Market Rate Communities, and Senior Communities (55+), supported by a Service Coordination Program that provides employment assistance, financial education, and social supports to more than 50,000 residents annually.

Product overview

Gene B. Glick Company operates as one of the nation's largest privately held real estate ownership, development, and property management firms, managing nearly 23,000 apartment units across 13 states. The company offers a portfolio of residential properties organized under multiple sub-brands including Cambridge Square, Fairington, and Carriage House, categorized into three property types: Affordable Communities (income-restricted with service coordination), Market Rate Communities (conventional rentals), and Senior Communities (age-restricted 55+). The company also provides the Service Coordination Program as a resident support service across its affordable properties, assisting over 50,000 residents annually with employment, financial education, and social supports. Glick Housing Foundation manages nearly 9,000 units of subsidized housing with specialized programs like Housing Our Heroes for veterans.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Communities Subsidized and income-restricted apartment communities offering affordable housing for residents meeting eligibility requirements, including LIHTC properties with service coordination support. Available to individual and family renters across 13 states.
• Market Rate Communities Standard rental apartment communities priced at market rates without income restrictions, offering conventional multifamily housing for individual renters across 13 states.
• Senior Communities

Quantifiable outcome

• Assisted more than 50,000 residents to age in place, maintain tenancy, build informal networks, and secure employment
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and secondary.

• PK PartnerscoreStrategic or Co-development Partner · 1 January 2016Joint venture partner for River North at Keystone development, a mixed-use development in Indianapolis. Glick's corporate office relocated to this joint venture property in 2016.
• Greater Indy Habitat for HumanitysecondaryStrategic or Co-development Partner · 1 January 2015Glick supports the Women Build initiative, a group of women volunteers who build safe, affordable housing. In 2026, 16 Women Builders will build for four local families. Glick has proudly supported Women Build in previous years.
• Glick Housing FoundationcoreStrategic or Co-development Partner · 1 January 2008The Glick Housing Foundation, a 501(c)(3) public charity, has grown to include nearly 9,000 units. The foundation acquires properties to provide affordable housing and wraparound services. In 2008, the foundation acquired its first two properties: Loper Commons in Shelbyville, Indiana and Hampton Court in Indianapolis.
• Indiana University School of MedicinecoreStrategic or Co-development Partner · 1 January 2007The Eugene & Marilyn Glick Family Foundation announced a $30 million gift for a new Glick Eye Institute at Indiana University School of Medicine in Indianapolis.
• Indianapolis Cultural Trail, Inc.coreGTM or Marketing Partner · 1 January 2006The Eugene & Marilyn Glick Family Foundation and The Glick Fund announced a $15 million gift for the construction of the Indianapolis Cultural Trail. The trail was renamed 'Indianapolis Cultural Trail: A Legacy of Gene & Marilyn Glick' and officially opened in 2013. Ben Grande serves on the board of Indianapolis Cultural Trail, Inc.
• Central Indiana Community FoundationcoreStrategic or Co-development PartnerThe Glick Gives Fund at Central Indiana Community Foundation administers the company's team member donation matching program. Contributions are matched dollar-for-dollar by the foundation. This partnership enables Glick's corporate social responsibility initiatives and team member giving programs.
• Gleaners Food Bank of IndianasecondaryGTM or Marketing PartnerGlick team members volunteer at Gleaners as part of CSR activities. Ben Grande serves on the advisory board for Gleaners Food Bank of Indiana.
• Keep Indianapolis Beautiful (KIB)secondaryGTM or Marketing PartnerLocal nonprofit with mission to create beautiful public spaces where people and nature can thrive. Glick team members use VTO to volunteer with KIB for community cleanup and beautification efforts.
• U.S. Department of Housing and Urban Development (HUD)coreOthersGlick manages properties with HUD contracts and submits annual property financial statements through HUD's Real Estate Assessment Center system. Compliance team oversees portfolio compliance with all regulatory agencies associated with multifamily programs.

Scale indicators13 records

Recent moves13 records

Expansion highlights6 records

Broad incumbents

• AIMCO (Apartment Income REIT): Large publicly traded multifamily REIT owning and operating approximately 30,000+ apartment units. Comparable in operating scale and asset class, but public REIT structure with market-rate focus differs from Glick's private affordable-heavy mix.
• The Related Companies: Large national real estate developer and manager with significant affordable and mixed-income housing through Related Affordable. Comparable affordable housing mission and resident services orientation, but at much larger and more diversified scale.
• Mid-America Apartment Communities (MAA): Largest U.S. multifamily REIT focused on the Southeast and Midwest, directly overlapping Glick's core operating geographies. Comparable scale and geographic concentration, though public and market-rate oriented.
• Lincoln Property Company: Diversified private real estate firm with a large multifamily management and development platform across the U.S. Comparable as a private, vertically integrated operator though broader in commercial and mixed-use exposure.

Direct peers

• McCormack Baron Salazar: National affordable housing developer and manager focused on LIHTC, mixed-income, and HUD-assisted communities. Comparable mission-driven approach and resident services orientation to Glick's Service Coordination model.
• Bozzuto Group: Privately held multifamily owner, developer, and property manager with a comparable vertically integrated platform spanning affordable, market rate, and senior housing across the Eastern U.S. Highly comparable as a private, family-influenced operator at similar scale.
• Herman & Kittle Properties: Indianapolis-based privately held multifamily owner, developer, and manager with comparable Midwest footprint and affordable/market rate mix. Notable as a prior employer of multiple Glick executives, indicating tight talent pool overlap.
• Flaherty & Collins Properties: Indianapolis-based multifamily developer and manager with comparable Midwest footprint, affordable/market rate mix, and tax credit development focus. Also a prior employer of Glick accounting staff, indicating close industry overlap in the Indianapolis market.
• Fath Properties: Privately held Midwest multifamily owner/operator headquartered in Ohio with comparable market-rate and affordable housing exposure in the Midwest. Strong geographic and scale overlap with Glick's core region.
• NRP Group (National Realty Partners): Major developer, owner, and manager of affordable and workforce multifamily housing, with deep LIHTC experience. Directly comparable given Glick's substantial affordable housing footprint and tax credit development focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/glickapartments
• YouTubeyoutube.com/channel/UCHlc17wLXV8qtuIFW_AHgQQ
• Facebookfacebook.com/genebglick
• LinkedInlinkedin.com/company/gene-b--glick-co-
• Instagraminstagram.com/genebglick

Revenue estimate

Valuation estimate

Number of profiles

Profiles26 records

Subsidiaries5 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 Gene B. Glick Company