J Wasser & Co.

What J Wasser & Co. does

J Wasser & Co. (JWC) is a privately held, Brooklyn-headquartered third-party property management firm founded in 2007 by Joe Wasser. It provides full-service commercial and multifamily real estate management — including leasing, rent collection, repairs, marketing, 24/7 maintenance, in-house financial and accounting services staffed by certified public accountants, vendor sourcing, and distressed-asset turnaround — to property owners and investors across seven U.S. states (Georgia, Indiana, New Jersey, New York, Kentucky, Wisconsin, and Louisiana). The company and its principals have managed and/or acquired over $600 million in real estate assets, with a sister acquisition entity, Lightwater Capital (co-founded by Joe Wasser and Meir Fried), having closed $346,336,000 in deals.

The company's technology stack centers on an operational property management platform rather than a software product: a ClickPay-integrated tenant portal for service requests and payments, an in-house 24/7 maintenance team, and centralized back-office systems supporting a regionally distributed workforce of 11-50 employees including a COO, CPA-Controller, leasing director, regional directors, and property managers. GTM is sales-led and relationship-driven — Joe Wasser and Meir Fried's broker, investor, and lender networks are the primary growth engine, supplemented by a tenant referral program and partnerships with nonprofit housing organizations (CAMBA, BCM, StepUp, Urban League of Greater Atlanta) and community organizations.

Revenue is generated through negotiated, quote-based management fees charged to property owners and investors on multi-year contracts; specific pricing is not publicly disclosed. The company does not market a standalone software product, does not disclose revenue, and has not raised institutional funding. Auxiliary revenue lines include a 'Consult With Joe' advisory offering for real estate investors and a tenant referral program offering $250 rent credits per approved referral.

Name

J Wasser & Co.

Legal name

J Wasser & Co.

Website

https://jwasser.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

J Wasser & Co. is a privately held, Brooklyn-based third-party property management firm founded in 2007 that provides full-service commercial and multifamily real estate management — including leasing, 24/7 maintenance, in-house CPA services, and distressed-asset turnaround — to property owners and investors across seven U.S. states.

Ownership category

akta.pro rank

Product category

Real Estate Property Management

NAICS

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

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Commercial property management
• Multifamily real estate
• Distressed asset turnaround
• Real estate investment consulting
• Property management services

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices2 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 third-party commercial and multifamily real estate management including leasing, rent collection, repairs, marketing, vendor sourcing, and staffing. Revenue is generated through management fees charged to property owners and investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

J Wasser & Co. provides full-service third-party commercial and multifamily real estate management for property owners and investors across seven U.S. states. Services span leasing, rent collection, repairs and 24/7 maintenance, marketing, vendor sourcing, staffing, compliance, in-house CPA-led accounting, and distressed-property turnaround. The firm also offers executive coaching and deal-structuring advisory through its founder, and runs a tenant referral program supported by an online tenant portal integrated with ClickPay.

Product overview

J Wasser & Co. operates as a full-service third-party commercial and multifamily real estate management company offering an integrated suite of services. The core offering centers on Commercial Real Estate Management and Multifamily Real Estate Management, supported by 24/7 Maintenance Services, Financial & Accounting Services (with in-house CPAs), Vendor Sourcing & Staffing, and Distressed Property Turnaround capabilities. An add-on consulting module, 'Consult With Joe,' provides executive coaching. The company also offers a Tenant Referral Program as a loyalty feature and maintains a Tenant Portal for service request submission and tenant communications. Together, these services provide comprehensive property management from acquisition through ongoing operations across their multistate portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Management Full-service third-party commercial real estate management for retail, office, and commercial properties, covering leasing, rent collection, repairs, marketing, vendor sourcing, and financial accounting for property owners and investors.
• Multifamily Real Estate Management Comprehensive third-party management for multifamily residential properties, including Section 8 and nonprofit housing programs, 24/7 maintenance, tenant relations, leasing, and accounting across a multistate portfolio.
• Distressed Property Turnaround Specialty service focused on the historic turnaround of severely distressed portfolios, stabilization of underperforming properties, and value creation strategies for investment portfolios.
• Consult With Joe (Executive Real Estate Coaching & Deal Structuring) Executive coaching and consulting service led by CEO Joe Wasser covering real estate best practices, savings strategies, deal structuring, and investment guidance for real estate investors.

Quantifiable outcome

• Same-day to next-day property management takeover capability
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Lightwater CapitalcoreStrategic or Co-development PartnerSister acquisition company co-founded by Joe Wasser and Meir Fried. JWC manages and oversees real estate projects for Lightwater Capital as well as other investment companies. The partnership leverages shared experience and relationships for real estate investment activities.
• Chai LifelineminorOthersNonprofit organization providing emotional and social support to seriously ill kids and their families. JWC is proud to ride for this cause as part of community engagement.
• CAMBAminorOthersNonprofit helping New Yorkers facing housing instability, HIV/AIDS, language barriers, domestic violence, and insufficient job skills since 1977 through holistic programs.
• The Center NJminorOthersNonprofit supporting families affected by special needs children, providing physical and emotional support to the entire family including parents and siblings.
• Adopt-a-KollelminorOthersCorporate initiative where JWC participates in Kiddush Hashem, joining klal Yisroel's project through corporate partnership.
• Urban League of Greater AtlantaminorOthersNonprofit addressing economic inequality through workforce development, housing counseling, education, and small business support.
• Claratel Behavioral HealthminorOthersOrganization committed to accessible, community-based care providing comprehensive mental health services from counseling to crisis intervention.
• BCMminorOthersOrganization providing structured support for families facing housing instability or financial hardship through case management and housing assistance.
• StepUpminorOthersOrganization focused on restoring stability through supportive housing paired with employment and life-skills programming for individuals facing housing insecurity.

Scale indicators3 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Lincoln Property Company: One of the largest diversified real estate services firms in the U.S., offering multifamily, commercial, and mixed-use property management. Competes with JWC for institutional third-party management mandates across asset classes JWC services.
• Greystar Real Estate Partners: The largest multifamily property manager and operator in the U.S., managing over 800,000 units. While much larger than JWC, Greystar competes for institutional third-party management mandates in the same multifamily space and represents the scaled end of JWC's competitive set.
• JLL (Jones Lang LaSalle): Global real estate services firm offering property management, leasing, and capital markets services across commercial asset classes. Overlaps with JWC's commercial property management offering for institutional owners.
• CBRE Group: World's largest commercial real estate services firm, providing property management, leasing, and investment sales. Competes with JWC for institutional commercial and multifamily management mandates globally.
• Cushman & Wakefield: Global commercial real estate services firm with property management, leasing, and valuation services. Competes with JWC for institutional commercial property management mandates, particularly for office and retail assets.
• FirstService Residential: Largest residential property manager in North America, managing over 1.8 million units across condos, co-ops, and rental. Competes with JWC in the multifamily third-party management segment, particularly in dense urban markets.

Direct peers

• RPM Living: Multifamily third-party management company serving institutional owners across multiple U.S. markets. Similar business model to JWC (third-party management, in-house accounting, vendor management) with broader geographic coverage.
• Asset Living: One of the largest third-party multifamily property managers in the U.S., serving institutional clients with a similar service bundle (management, leasing, accounting). Competes head-to-head with JWC for institutional multifamily mandates.
• Bozzuto Group: Mid-Atlantic-focused multifamily and mixed-use property manager with similar size and third-party management focus as JWC. Directly comparable in service model (full-service management, leasing, resident services) and target clients (institutional owners).

Emerging players

• Mynd Property Management: Tech-enabled residential property manager focused on small-to-mid-sized multifamily portfolios (under 50 units). Represents the proptech-enabled competitive threat to traditional operators like JWC, offering digital dashboards and remote management capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 J Wasser & Co.