Oakleaf Property Management

What Oakleaf Property Management does

Oakleaf Property Management (legal name: Oakleaf Real Estate Management Company) is a Sioux City, Iowa-based for-profit property management company that operates a portfolio of affordable housing communities for low- and moderate-income families, seniors aged 62 and older, and persons with disabilities across rural Iowa, South Dakota, and referenced Nebraska markets. Founded in 2005, the company is a wholly owned subsidiary of Sioux Falls Environmental Access, Inc., a Section 501(c)(3) charitable organization, and is staffed by 51-100 employees. The portfolio comprises 9 properties in 8 towns and cities, anchored by the historic Martin Tower (86 senior/disabled units in Sioux City), Rosewood Heights (56 units in Rock Rapids, IA), Ridgewood (36 units in Akron, IA), Le Mars Estates (31 family townhomes), Green Meadows (20 family townhomes in Mitchell, SD), and Valley Park (18 family townhomes in Yankton, SD), with the Martin Tower Ballroom added in 2019 as an event-venue diversification line.

The company's core technology stack consists of standard property management and affordable housing administration systems used to operate HUD-assisted residential communities, supplemented by HubSpot-driven lead capture on oakleafpm.com and a PDF-based rental application workflow; no proprietary software or AI/ML capabilities are evident. The business model blends recurring monthly residential rent (either income-based at 30% of adjusted gross income or market-rate at roughly $474-$651/month) with HUD Section 8 voucher subsidies, LIHTC and Historic Tax Credit-financed property ownership, and ancillary event-venue revenue from the Martin Tower Ballroom. Go-to-market is sales-led and direct-to-tenant via the company website, toll-free phone line, and walk-in inquiries, with no intermediaries or third-party distribution channels.

Strategically, Oakleaf is sustained by an institutional partnership stack that includes HUD, the Iowa Finance Authority, the South Dakota Housing Development Authority, the Nebraska Housing Association, Security National Bank, Weinberg Investments, and the American Association of Service Coordinators, which collectively underwrite the company's regulatory moat, financing pipeline, and the HUD-funded Service Coordinator Program that differentiates its senior/disabled offering. Operating economics are closely tied to federal and state affordable housing programs, making regulatory continuity the dominant value driver rather than organic product growth.

Name

Oakleaf Property Management

Legal name

Oakleaf Real Estate Management Company

Website

https://oakleafpm.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Oakleaf Property Management is a Sioux City, Iowa-based affordable housing operator and subsidiary of the 501(c)(3) nonprofit Sioux Falls Environmental Access, Inc., managing roughly 9 apartment communities across Iowa and South Dakota for low-income families, seniors 62+, and disabled residents using HUD, LIHTC, and Section 8 programs.

Ownership category

akta.pro rank

Product category

Affordable Housing Property Management

NAICS

Residential Property Managers (531311)

SIC

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

akta.pro primary industry

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

akta.pro secondary industry

HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Affordable housing management
• Senior housing services
• HUD Section 8 housing
• Low-income apartments
• Property management services

Headquarters

HQ city

Sioux City

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. Residential Rental Income: Monthly rental payments from residential apartment communities. Tenants pay either income-based rent (30% of adjusted gross income) or market-rate rent depending on eligibility and property type.
2. HUD Section 8 Housing Assistance: Government-subsidized rental assistance payments received through HUD Housing Choice Vouchers for qualifying low-income residents.
3. Event Venue Rental (Martin Tower Ballroom): Special event venue rental revenue from the historic Martin Tower Ballroom in Sioux City, including event planning packages (A, B, C) and day-of-facilitating services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Oakleaf Property Management operates and manages a portfolio of affordable residential apartment communities across Iowa and South Dakota, serving low- and moderate-income families, seniors 62+, and persons with disabilities through HUD-assisted, LIHTC, and Historic Tax Credit programs. The company provides subsidized and market-rate rental housing, a HUD-funded Service Coordinator Program linking residents to community services, housing assistance facilitation (including Section 8), and 24/7 on-call maintenance. It also operates the Martin Tower Ballroom as a historic event venue in Sioux City, Iowa.

Product overview

Oakleaf Property Management operates a portfolio of affordable housing communities across Iowa and South Dakota, providing quality rental housing for families, seniors, and persons with disabilities. The core offering consists of apartment communities including Martin Tower Apartments (senior/disabled housing in Sioux City), Martin Tower Ballroom (historic event venue), family-focused communities like Green Meadows and Valley Park Apartments, and senior/disabled housing properties such as Lakeland Park, Ridgewood, and Rosewood Heights. Supporting services include the Service Coordinator Program (HUD-funded social services), Housing Assistance (Section 8 facilitation), 24-Hour Maintenance Services, and a Rental Application system. The company manages properties through a subsidiary structure under Sioux Falls Environmental Access, Inc.

Differentiator

Problem solved

Functional benefit

Products and services

• Floyd Valley Apartments Affordable one-bedroom apartment community in Le Mars, Iowa, located near the golf course and downtown. Market-rate units with no income qualification required at $651/month with $300 security deposit. Features conventional one-bedroom floor plans with central air conditioning and heating.
• Le Mars Estates Three-building apartment complex on 5.22 acres in Le Mars, Iowa featuring 31 two- and three-bedroom townhomes for family living. Units include individual entrances, patios, and central air conditioning. Achieved a REAC Score of 94c in February 2018, indicating high-quality property management.
• Kingston Apartments Senior and disabled housing community in Kingsley, Iowa offering one-bedroom apartments with central heat and air conditioning, emergency call systems, and access to the Service Coordinator Program. Residents pay 30% of adjusted gross income.
• Lakeland Park Apartments Elderly and disabled housing in Clear Lake, Iowa with one-bedroom barrier-free accessible units, community room, controlled access, elevator, and laundry facilities. Residents pay 30% of adjusted gross income.
• Ridgewood Apartments Elderly and disabled housing in Akron, Iowa with 36 one-bedroom apartments featuring utilities included, elevator access, community room, and private off-street parking. Located near senior center.
• Rosewood Heights Apartments Senior and disabled housing in Rock Rapids, Iowa offering 56 apartments (34 subsidized with income-based rent at 30% of adjusted gross income, 22 market-rate at $474/month with no income or age restriction). Features include utilities included, elevators, and community room with kitchen. $300 security deposit required.
• Martin Tower Apartments Historic six-story apartment building in downtown Sioux City, Iowa with 86 one-bedroom units for seniors 62+ and persons with disabilities. Features include skywalk access, historic ballroom, on-site laundry, wireless internet, and controlled building access. Listed on the National Register of Historic Places in 1982.
• Martin Tower Ballroom Historic event venue in Sioux City, Iowa seating 200 people, featuring banquet kitchen, professional sound system, ambience lighting, and skywalk access. Available for weddings, receptions, business meetings, and catered events with optional wedding planning packages (A, B, C). Deposit required to confirm reservation.
• Valley Park Apartments Family living townhome community in Yankton, South Dakota with 18 two- and three-bedroom units. Features include income-based rent (30% of adjusted gross income), furnished kitchen appliances, off-street parking, and playground.
• Green Meadows Apartments Family living townhome community in Mitchell, South Dakota with 20 two- and three-bedroom units. Includes garages, washer/dryer hookups, playground, and income-based rent at 30% of adjusted gross income.
• Service Coordinator Program Free social service program available at Oakleaf senior and disabled housing communities, connecting residents with transportation, medical appointments, grocery services, legal and financial services, wellness activities, and community resources. Funded by HUD Service Coordinator grants. Service Coordinators are trained by and belong to the American Association of Service Coordinators.

Quantifiable outcome

• REAC Score of 94c demonstrates high-quality property maintenance and management standards

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• HUD (U.S. Department of Housing and Urban Development)coreStrategic or Co-development PartnerHUD provides funding for the Service Coordinator Program enabling on-site social service coordination at senior and disabled housing communities. HUD also contracts with state and local agencies and provides housing assistance programs including Section 8 vouchers that Oakleaf facilitates for residents.
• American Association of Service CoordinatorscoreStrategic or Co-development PartnerService Coordinators are trained by and belong to this national not-for-profit association representing the resident service coordinator profession. Provides training, standards, and professional development for Oakleaf's Service Coordinator staff.
• Iowa Finance Authority (IFA)coreStrategic or Co-development PartnerApplied for and received 4% Low-Income Housing Tax Credit program (LIHTC) funding via tax-exempt bonds for Martin Tower acquisition and rehabilitation project. State housing finance agency partner.
• Weinberg InvestmentscoreStrategic or Co-development PartnerDevelopment partner with 20 years of experience in affordable housing. Initial development group with Sioux Falls Environmental Access, Inc. for Martin Tower project. Applied for LIHTC funding together.
• Sioux Falls Environmental Access, Inc.coreStrategic or Co-development PartnerSection 501(c)(3) charitable organization that is the parent company of Oakleaf Property Management. Development partner in affordable housing projects including Martin Tower.
• South Dakota Housing Development AuthoritycoreStrategic or Co-development PartnerState housing authority that analyzes applications for affordable rental housing and rental assistance in South Dakota. Partner in providing housing assistance programs.
• Nebraska Housing AssociationminorStrategic or Co-development PartnerState housing authority referenced as partner for housing assistance analysis in Nebraska. Mentioned in connection with affordable rental housing analysis.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Dominium: Major Minnesota-based apartment owner-operator specializing in LIHTC and market-rate affordable housing across the Midwest and Sun Belt. Directly comparable to Oakleaf in subsidizing stack (LIHTC/Section 8), resident demographics (low-income families, seniors, disabled), and rural Midwestern exposure.
• The Michaels Organization: Largest U.S. owner of affordable housing and a leading LIHTC operator, with a portfolio spanning family, senior, and special-needs housing subsidized through HUD and state programs. Highly comparable in fund source structure (LIHTC + Section 8), tenant demographics, and asset types managed.
• WinnCompanies: National multifamily manager with a substantial affordable housing portfolio operated under HUD, LIHTC, and Section 8 programs. Comparable in service layering (resident services coordination), senior housing exposure, and value-add repositioning of older affordable assets.
• Volunteers of America National Services: Mission-driven nonprofit operator of affordable senior, family, and supportive housing—often through LIHTC and HUD funding. Closely comparable to Oakleaf's nonprofit parent ownership, service-rich operating model (supportive services, service coordinators), and resident demographic mix.
• Mercy Housing: National nonprofit affordable housing provider combining LIHTC-backed real estate development with resident services for families, seniors, and special-needs populations. Comparable in nonprofit mission alignment, government-subsidized funding stack, and integrated service coordination.
• Conifer Realty: Rochester, NY-based developer and manager of affordable LIHTC workforce and senior housing, operating approximately 20,000+ units across the Northeast and Midwest. Comparable in LIHTC-only business model, family/senior resident mix, and small-community footprint expansion.
• FPI Management: Multifamily management company with large affordable housing book operated under LIHTC, Section 8, and HUD programs serving families and seniors. Comparable in third-party fee-manager model, affordable subsidy stack, and family/senior resident mix.
• National Development Council: National nonprofit affordable housing developer and owner focused on LIHTC and HUD-assisted rental housing for low-income families, seniors, and persons with disabilities. Comparable in nonprofit structure, federal subsidy reliance, and resident demographic focus.
• Preservation of Affordable Housing (POAH): Nonprofit that acquires, preserves, and operates affordable multifamily housing under LIHTC, HUD, and state/local subsidy programs, with strong emphasis on supportive resident services. Comparable in mission-driven nonprofit ownership, affordable preservation focus, and resident services model.

Broad incumbents

• The Related Companies: Large diversified real estate firm whose Related Affordable division owns and manages a national LIHTC and Section 8 portfolio. Overlaps with Oakleaf in affordable subsidy stack, but operates at vastly greater scale across the full real estate spectrum rather than as a niche affordable specialist.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookoakleafpm.com/connect-with-us-on-facebook
• Xx.com/helpfulhousing

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Oakleaf Property Management