Faria Management
Faria Management is a Washington, DC-based boutique property management firm founded in 2015, operating as the property management division of Dumas Collective and managing roughly 2,000 units of income-restricted and affordable housing across 13 communities in Washington DC, Maryland, and New York City.
- Company typePrivate
- Founded2015
- HeadquartersWashington, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Faria Management does
Faria Management is a privately held, boutique-style property management firm that provides management services exclusively for income-restricted, affordable, and workforce housing. Founded in 2015 and headquartered in Washington, DC, the company operates as the property management division of Dumas Collective and currently manages roughly 2,000 units across 13 communities in the Mid-Atlantic region — concentrated in Washington DC, Maryland, and New York City. The portfolio is structurally diverse, encompassing senior housing (Girard Street, Fortitude at Delta Towers, Todd A. Lee Senior Residences), an affordable assisted living community accepting Medicaid (Livingston Place at Southern), permanent supportive housing for formerly homeless women (Phyllis Wheatley YWCA), mixed-income and LIHTC family developments (Station U & O, Delta Pearl, Capitol Vista, The Baldwin DC, Cascade Park, Justice Park, The Jane Apartments), and public housing managed through NYCHA's PACT program (Audubon, Bethune Gardens, Marshall Plaza — 557 units).
The company generates revenue through property management fees on long-term contracts with the owners of these communities — including its parent Dumas Collective and external public-sector/institutional owners such as NYCHA. Its operational technology stack relies on conventional third-party SaaS platforms, namely Securecafe and RentCafe, for tenant rent payment portals, online leasing applications, and resident communications across managed sites. The firm differentiates itself through its trademarked "LUXURY AFFORDABLE HOUSING" positioning, focusing on boutique, anticipatory service quality alongside compliance with complex HUD, LIHTC, PACT, and AMI-restricted program requirements.
Faria Management pursues a sales-led, direct-contract GTM targeting developers and owners of affordable housing in the Mid-Atlantic. The company has no publicly disclosed pricing, no external institutional investors, and no funding rounds on record — operations appear to be funded within the Dumas Collective corporate structure. A material risk surfaced in the input is a regulatory finding: a NYCHA audit reported elevated eviction rates and reporting deficiencies at PACT developments managed by Faria (Audubon/Bethune/Marshall), creating potential contract and reputational exposure within its largest NYC mandate.
Faria Management firmographics
Firmographics- Name
- Faria Management
- Legal name
- Faria Management
- Website
- https://fariamanagement.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Faria Management is a Washington, DC-based boutique property management firm founded in 2015, operating as the property management division of Dumas Collective and managing roughly 2,000 units of income-restricted and affordable housing across 13 communities in Washington DC, Maryland, and New York City.
- Ownership category
- akta.pro rank
Faria Management industry classification
Industry- Product category
- Affordable Housing Property Management
- NAICS
- Real Estate Property Managers (53131), Residential Property Managers (531311), Lessors of Residential Buildings and Dwellings (53111)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)
Keywords
Where Faria Management is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Faria Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Property Management Services: Boutique-style property management services for owners of income-restricted housing. Generates revenue through management fees charged to property owners for overseeing residential apartment communities.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Faria Management product offering
Product offeringCore offering
Faria Management delivers boutique-style property management services for owners of income-restricted, affordable, and workforce housing across the Mid-Atlantic region. The company manages a portfolio of nearly 2,000 units across 13 communities — including senior living, family housing, assisted living, supportive housing, and NYCHA PACT public housing — under direct contracts with property owners and developers. Revenue is generated through management fees charged to property owners for overseeing residential apartment communities.
Product overview
Faria Management is a boutique-style property management company providing luxury affordable housing services across the Mid-Atlantic region. The company operates as the property management division of Dumas Collective, managing a portfolio of nearly 2,000 units across 13 distinct residential communities. These include senior living residences (Girard Street, Fortitude at Delta Towers, Todd A. Lee Senior Residences), affordable assisted living (Livingston Place at Southern), permanent supportive housing (Phyllis Wheatley YWCA), mixed-income developments (Station U & O, Delta Pearl, Capitol Vista, The Baldwin DC), and family housing (Cascade Park, Justice Park, The Jane Apartments). The portfolio also includes public housing managed through the PACT program (Audubon, Bethune Gardens, Marshall Plaza). Each community operates with dedicated tenant portals for rent payments and lease management.
Differentiator
Problem solved
Functional benefit
Products and services
- Station U & O A 110-unit luxury affordable housing community in the Shaw neighborhood of Washington DC, managed by Faria Management as part of its income-restricted housing portfolio.
- Audubon, Bethune Gardens, and Marshall Plaza Three high-rise public housing buildings in New York City comprising 557 units, managed by Faria Management through the NYCHA Permanent Affordability Commitment Together (PACT) program with comprehensive repairs and modernization.
- Delta Pearl A 166-unit luxury affordable and workforce housing development in Washington's H Street Corridor, representing a substantial renovation of the Delta Towers community.
- The Baldwin DC A 33-unit affordable residential building at 13th Street NE and H Street NE in Washington DC with 6,000+ sq ft of retail, affordable to households at 30% and 50% of Area Median Income.
- Capitol Vista A 104-unit mid-rise residential tower in the Mount Vernon Triangle neighborhood of Washington DC featuring luxury affordable units with fitness room, clubroom, and ground-floor retail.
- Cascade Park 132 renovated apartments across Cascade Park I and II in Washington Highlands (Washington DC), with ongoing mechanical, plumbing, window replacements, and community space additions.
- Fortitude at Delta Towers A 179-unit 100% affordable housing development for seniors (55+) at 808 Bladensburg Road NE, Washington DC, with 10,000+ sq ft of amenity space including conference room, cafe lounge, fitness room, and rooftop terrace.
- Girard Street Apartments A 25-unit LIHTC building for seniors aged 55+, featuring one-bedroom apartments with community lounge, wellness area, and landscaped courtyard.
- The Jane Apartments A 52-unit naturally occurring affordable community in Old Greenbelt, MD, offering renovated two-bedroom and studio units in a suburban area with metro access.
- Justice Park Apartments A 28-unit LIHTC building for individuals and families in Columbia Heights (Washington DC), featuring deluxe floor plans, covered parking, fitness room, and multi-level courtyard.
- Livingston Place at Southern A 152-unit Affordable Assisted Living Community (AALC) accepting Medicaid reimbursements, offering apartment-style housing with personal care, meals, transportation, and 24-hour staff services.
- Phyllis Wheatley YWCA An 84-unit LIHTC permanent supportive housing community for low-income, formerly homeless women, featuring solar panels and upgraded energy systems.
- Todd A. Lee Senior Residences 38 luxury affordable units in the Brightwood Park neighborhood (Washington DC) with fitness suite, multipurpose room, and outdoor activity patio, designed for senior residents.
Companies that use Faria Management
Customer profileSegments2 records
Ideal customer profiles1 record
Faria Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Faria Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Dumas CollectivecoreDumas Collective is the parent company of Faria Management. Faria Management operates as the property management division of Dumas Collective, which owns or is affiliated with the managed properties.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
Faria Management competitors and assessment
Company assessmentRegional players
- Bozzuto Management: Major Mid-Atlantic based property manager with broad multifamily and affordable housing exposure. Comparable in geography (DC/MD/VA) and multifamily operating model, with overlapping institutional owner clients.
- AHC Inc. (Affordable Homes & Communities): Mid-Atlantic-based nonprofit developer and manager of affordable and workforce housing. Comparable in geography (DC-area) and in operating LIHTC, senior, and family affordable communities.
Direct peers
- WinnCompanies: One of the largest multifamily property managers in the US with a substantial affordable/LIHTC housing portfolio. Directly comparable to Faria as a fee-based third-party manager of affordable housing, including LIHTC and HUD-assisted properties.
- Habitat America: Boutique-style property manager of affordable and LIHTC housing in the Mid-Atlantic. Most directly comparable to Faria on niche focus, boutique positioning, and concentrated Mid-Atlantic affordable book.
- Edgewood Management Corporation: Affordable and conventional multifamily property manager with strong LIHTC portfolio. Comparable on affordable housing specialization and fee-based third-party management model.
- Conifer Realty: Developer and manager of affordable and mixed-income multifamily housing. Comparable business model of owning/operating and third-party managing LIHTC properties for institutional owners.
- Beacon Communities: Developer and manager of affordable, workforce, and mixed-income housing. Comparable in offering LIHTC and public-housing-conversion management services to similar owner-developer clients.
- TM Associates Management: Property management firm with a strong affordable, tax-credit, and HUD-subsidized housing portfolio. Directly comparable in LIHTC and HUD-regulated property management services.
- The Michaels Organization: National developer/manager specializing in affordable, workforce, and student housing. Directly competes for LIHTC and mixed-income property management contracts, with comparable portfolio mix and target owner-developer client base.
Broad incumbents
- Preservation of Affordable Housing (POAH): Nonprofit affordable housing owner and operator preserving and managing LIHTC and subsidized portfolios nationwide. Comparable in affordable housing stewardship and resident services orientation, though more nonprofit than fee-based.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Faria Management social profiles
Digital presenceFaria Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Faria Management leadership team
Management profileNumber of profiles
Profiles1 record
Faria Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Faria Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Faria Management
What does Faria Management do?
Faria Management delivers boutique-style property management services for owners of income-restricted, affordable, and workforce housing across the Mid-Atlantic region. The company manages a portfolio of nearly 2,000 units across 13 communities — including senior living, family housing, assisted living, supportive housing, and NYCHA PACT public housing — under direct contracts with property owners and developers. Revenue is generated through management fees charged to property owners for overseeing residential apartment communities.
Is Faria Management a public or private company?
Faria Management is a private company. It is classified as corporate owned and is currently operating.
When was Faria Management founded?
Faria Management was founded in 2015. It employs 51 to 100 people.
Where is Faria Management based?
Faria Management is headquartered in Washington, United States, in the North America region.
How does Faria Management make money?
One revenue line is on record: property Management Services.
Who are Faria Management's main competitors?
Regional players on record are Bozzuto Management and AHC Inc. (Affordable Homes & Communities). Direct peers are WinnCompanies, Habitat America, Edgewood Management Corporation, Conifer Realty, Beacon Communities, TM Associates Management and The Michaels Organization. Preservation of Affordable Housing (POAH) is listed as a broad incumbent.
Does Faria Management have an API?
No public API is recorded for Faria Management.
What industry is Faria Management in?
Faria Management's product category is Affordable Housing Property Management. Its primary akta.pro industry code is BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8). Its NAICS code is 53131 and its SIC code is 6531.