Urban Property Management

What Urban Property Management does

Urban Property Management, Inc. (dba Urban, Inc.) is a privately held, vertically integrated real estate development and property management company headquartered in Greenwood Village, Colorado. Founded in 1973 and owned by Colorado-area residents, the company plans, develops, finances, builds, markets, and manages real estate across Colorado with concentration in the Denver metropolitan area and Front Range, extending to Buena Vista. The company serves four primary housing segments — conventional market-rate multi-family, affordable housing under LIHTC and tax credit programs, senior and retirement communities, and assisted living/memory care — alongside a smaller set of commercial and retail assets.

The core offering combines two integrated service lines: Real Estate Development Services, covering planning, financing, construction, and marketing of new properties with direct engagement of financial institutions, investors, and joint venture partners, and Property Management Services, which the company describes as a focal point of operations rather than a by-product. The property portfolio includes multi-family assets such as The Heights by Marston Lake (220 units, Lakewood), Northglenn Apartments (252 units), Belmont Square (138 units), and Berkshire Square (126 units); affordable housing such as Collegiate Commons (48 units, Buena Vista, built 2018); senior and assisted living facilities such as Cherry Hills Assisted Living and Memory Care (84 units), Pikes Peak Towers, Big Thompson Manor, and Mount Massive Manor; and newer for-sale townhome developments including VALOR LOWRY Luxury Townhomes (20 units, Denver) and Sloans Lake Townhomes. No proprietary technology platform, mobile application, or public-facing digital infrastructure is disclosed; operations appear to run on conventional real estate management workflows without disclosed AI or data products.

Urban Property Management generates revenue through a hybrid model combining ongoing property management fees (typically structured as a percentage of property revenue or per-unit fee) and one-time revenue from real estate development and property sales, including for-sale townhome revenue at VALOR LOWRY and Sloans Lake. Distribution is fully direct, with the company leasing and selling properties it develops without intermediary channels. The leadership team comprises President Steve Shraiberg (also a Board member of publicly traded City Office REIT on the NYSE), Vice President and General Counsel Al Blum, Senior Vice President and Director of Asset Management James R. Murphy, and Treasurer Karen Wachtel.

Name

Urban Property Management

Legal name

Urban Property Management, Inc.

Website

https://urbanpropertymgt.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Urban Property Management, Inc. (dba Urban, Inc.) is a privately held Colorado real estate company that, since 1973, has developed, financed, built, marketed, and managed residential, affordable, senior, assisted living, and commercial properties across the state, primarily in the Denver metropolitan area.

Ownership category

akta.pro rank

Product category

Real Estate Development and Property Management

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Nonresidential Property Managers (531312), New Housing For-Sale Builders (236117)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Mixed-Use Property Management (BPAJAGAE), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Property management services
• Real estate development
• Affordable housing programs
• Senior living facilities
• Commercial property leasing

Headquarters

HQ city

Greenwood Village

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

Revenue model

1. Property Management Services: Ongoing property management services for multi-family residential, commercial, and specialized housing properties (affordable, senior, assisted living). Revenue derived from management fees typically charged as a percentage of property revenue or a per-unit fee.
2. Real Estate Development and Sales: Development, marketing, and sale of residential properties including townhomes and multi-family developments. Revenue from property sales and development fees.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Urban Property Management, Inc. (dba Urban, Inc.) is a Colorado-based real estate development and property management company that has been planning, developing, financing, building, marketing, and managing real estate since 1973. The company delivers vertically integrated development services (working with financial institutions, investors, and owners to maximize returns) alongside ongoing property management across conventional, affordable housing, tax credit, retail/commercial, senior, and assisted living properties. It owns and manages a portfolio of Colorado properties including townhomes for sale and multi-family rental communities.

Product overview

Urban Property Management, Inc. (dba Urban, Inc.) operates as a real estate development and property management company serving Colorado since 1973. The company offers two core integrated services: Real Estate Development Services (planning, financing, building, and marketing) and Property Management Services (covering conventional, retail, commercial, affordable housing, tax credit programs, and senior/assisted living communities). The product portfolio includes specific property developments such as VALOR LOWRY Luxury Townhomes (luxury townhomes in Denver), Sloans Lake Townhomes, Collegiate Commons (affordable family housing), and The Heights by Marston Lake (conventional apartments). Additionally, the company has managed numerous residential properties including apartments, senior housing, assisted living facilities, and commercial properties across Colorado.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Development Services Comprehensive real estate development services including planning, financing, building, and marketing of properties, delivered in close coordination with financial institutions, investors, and property owners to meet investor needs and maximize rate of return. Offered across conventional, affordable, tax credit, retail, commercial, senior, and assisted living property types.
• Property Management Services Ongoing property management services treated as a focal point of the business rather than a by-product of development. Covers conventional, retail, and commercial properties as well as affordable housing, LIHTC tax credit programs, and retirement and assisted living communities. Revenue is derived from management fees typically charged as a percentage of property revenue or a per-unit fee.
• VALOR LOWRY Luxury Townhomes Luxury townhome development at 79 Rampart Way, Denver, Colorado featuring 20 units with 2-3 bedroom homes and available lot selection. Developed by Urban Property Management principals.
• Sloans Lake Townhomes
• Collegiate Commons Affordable family housing property in Buena Vista, Colorado with 48 units in 1, 2, and 3 bedroom configurations, built in 2018 and managed by Urban Property Management.
• The Heights by Marston Lake Conventional multi-family housing property in Lakewood, Colorado with 220 units of 1, 2, and 3 bedroom apartments, acquired by Urban Property Management in 2000 and managed by the company.

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• McWhinney: Colorado-based real estate development and management firm operating across residential, mixed-use, retail, and commercial properties. Directly comparable given shared Colorado focus, integrated development-and-management approach, and similar segment breadth.
• Centennial Realty Advisors: Colorado-based commercial and multifamily property management and brokerage firm. Comparable in providing third-party property management and brokerage services to Denver-area owners, though smaller and more brokerage-weighted than Urban Property Management.
• Cardinal Group Management: Denver-headquartered multifamily property management and investment firm. Most directly comparable to Urban Property Management given shared Colorado operating geography, conventional and affordable housing segment overlap, and developer-plus-manager model.
• Kairoi Residential: Multifamily owner/operator headquartered in Denver focused on the Colorado and Texas markets. Directly comparable on geography, conventional apartment focus, and integrated ownership-and-management model.

Broad incumbents

• Apartment Income REIT (AIR Communities): Diversified multifamily REIT with large Denver/Front Range holdings. Comparable to Urban Property Management as a multifamily operator competing in overlapping Colorado submarkets, albeit at portfolio scale far larger than Urban's current portfolio.
• Lincoln Property Company: Large diversified multifamily manager and developer with conventional and affordable housing programs. Comparable to Urban Property Management in offering third-party property management alongside in-house development expertise, though operating across multiple US regions rather than solely Colorado.
• JLL (Jones Lang LaSalle) Residential: Global real estate services and investment firm with a multifamily property management arm. Comparable to Urban Property Management in providing institutional property management services to owners of conventional and affordable apartment portfolios.
• Greystar Real Estate Partners: Largest US multifamily property manager and developer operating across conventional, affordable, and student housing. Directly comparable to Urban Property Management across the same integrated development-plus-property-management model, but at national scale and with institutional backing rather than local Colorado focus.
• Cushman & Wakefield (Multifamily / Equity Asset Management): Global real estate services firm with multifamily property management, asset management, and investment sales capabilities. Comparable to Urban Property Management through third-party management and investment advisory services across conventional and affordable housing portfolios.

Emerging players

• Mark IV Capital: Colorado-based multifamily owner-operator and developer active in Denver and Front Range submarkets. Comparable to Urban Property Management through integrated development and ownership of conventional apartment communities in the same geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Urban Property Management