Nelkin Real Estate

What Nelkin Real Estate does

Nelkin Real Estate is a privately held, family-owned real estate company headquartered in Atlanta, Georgia, established in 1955. The firm operates a diversified property portfolio consisting of 1,000+ residential apartments across 18 named communities in Atlanta metro neighborhoods (Briarcliff, Brookhaven, Clarkston, Decatur, Forest Park) and more than 2,000,000 square feet of commercial real estate spanning retail, office, and industrial assets across Georgia, Alabama, and Florida. Notable commercial holdings include retail shopping centers such as Riverplace, Peachtree Corners Shopping Center, and Clocktower Village; the new Lafayette Creek Commerce Park in Freeport, Florida (completed 2024); and office assets such as Spring House Office Park in Dunwoody, GA.

The company generates revenue almost entirely from recurring monthly rental income on its owned real estate, with residential pricing quoted on request and commercial industrial units at Lafayette Creek starting at $14.00 per square foot. Property management operations are outsourced to a core partnership with Majestic Realty, whose in-house maintenance team handles repairs, leasing, and tenant coordination. Technology infrastructure is standardized on Yardi Voyager Systems, with the Commercial and Residential Cafe payment portals providing tenants with online rent payment, maintenance request submission, and portal access; CBRE is engaged as a channel partner for the larger commercial listings, including Lafayette Creek. The firm is privately held with no disclosed institutional investors, funding rounds, or parent company, and is currently active with no regulatory actions or M&A activity on record.

Name

Nelkin Real Estate

Legal name

Nelkin Real Estate

Website

https://nelkinrealestate.com

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

101–250 employees

Short description

Nelkin Real Estate is a family-owned Atlanta-based real estate company, founded in 1955, managing 1,000+ residential apartments across 18 Atlanta-metro communities and over 2,000,000 square feet of commercial retail, office, and industrial space across the Southeast US.

Ownership category

akta.pro rank

Product category

Real Estate Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131), Lessors of Real Estate (5311)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Residential apartment rentals
• Commercial property leasing
• Retail shopping centers
• Industrial flex space
• Property management services

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Apartment Rentals: Monthly rental income from 1,000+ apartment units across 18 residential communities in Atlanta metropolitan area neighborhoods including Briarcliff, Brookhaven, Clarkston, Decatur, and Forest Park
2. Commercial Property Rentals: Rental income from 2,000,000+ square feet of commercial real estate including retail shopping centers, office buildings, and industrial/flex warehouses across Georgia, Alabama, and Florida

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Nelkin Real Estate owns, leases, and manages a portfolio of residential apartment communities (1,000+ units across 18 communities in Atlanta metro neighborhoods) and commercial properties (2,000,000+ square feet of retail, office, and industrial/flex space across Georgia, Alabama, and Florida). Operations are supported by a property management partnership with Majestic Realty and Yardi Voyager Systems for tenant payments and maintenance workflows.

Product overview

Nelkin Real Estate is a family-owned property management company established in 1955, managing a portfolio of residential apartments and commercial properties (retail, industrial, and office) across the Southeast United States. The company's residential portfolio consists of 19 apartment communities totaling over 1,000 units, including Carmel Creek, Carriage Court, Carriage Oaks I-V, Colonial Garden, Druid Town Homes, Emory Riviera, Indian Creek, La Carre, Michelle's Court, Montega, Peppertree, Rachel's Court, Regency Woods, Shamrock Place, and Water Oak Village, primarily located in Atlanta-area neighborhoods including Briarcliff, Brookhaven, Clarkston, Decatur, and Forest Park. The commercial portfolio spans over 2,000,000 square feet across Georgia, Alabama, and Florida, including retail shopping centers (Riverplace, Peachtree Corners, Clocktower Village, Bells Landing, Payton Park Center, and others), industrial properties (Lafayette Creek Commerce Park, Atwater Court), and office buildings (Spring House Office Park, Northridge Pavilion, Atwater Offices). The company partners with Majestic Realty for property management and uses Yardi Voyager Systems for tenant services including payment processing and maintenance workflows.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartment Communities A portfolio of 1,000+ rental apartment units across 18 communities in the Atlanta metropolitan area, offering studio to 3+ bedroom configurations for individual and family tenants seeking affordable housing in neighborhoods with access to transportation, schools, and amenities. Leasing is handled through property portals and on-site leasing staff.
• Retail Shopping Center Properties Retail shopping centers available for lease to commercial tenants across the Southeast US, leased via large brokerage partnerships such as CBRE and in-house leasing staff.
• Industrial and Flex Warehouse Properties Industrial and flex warehouse properties available for lease to commercial tenants across the Southeast US, leased via large brokerage partnerships such as CBRE.
• Office Properties Office buildings available for lease to commercial tenants across the Atlanta metropolitan area, leased via large brokerage partnerships such as CBRE.
• Lafayette Creek Commerce Park A flagship mixed-use commerce park in Freeport, Florida offering industrial, retail, office, and flex development space for commercial tenants, leased through CBRE (Thomas Watson, Elizabeth Forsythe, Sam Herrera). Pricing starts at $14.00/SF with units ranging from 1,600 SF to 11,600 SF.
• Property Management Services Full-service property management delivered through a partnership with Majestic Realty, providing multi-family and commercial management specialists, in-house maintenance and repairs, leasing services, tenant-focused attention, and 24/7 emergency services for all Nelkin Real Estate residential and commercial properties.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Majestic RealtycoreImplementation/ SI/ Consulting PartnerStrategic property management partnership where Majestic Realty provides professional management of all Nelkin Real Estate properties. Majestic Realty's team of multi-family and commercial management specialists deliver personalized tenant attention and maintain/improve properties. Services include in-house maintenance and repairs team, leasing services, and property maintenance coordination.
• Yardi SystemscoreTechnology or IntegrationProperty management technology provider for Yardi Voyager Systems across all Nelkin Real Estate properties. Enables comprehensive and high-tech solutions for payment transactions, maintenance workflows, deposit accounting, and tenant portal services through Yardi Commercial and Residential Cafe platforms.
• CBREminorChannel Partner/ Reseller/ DistributorCommercial real estate brokerage representing Nelkin Real Estate for commercial listings. CBRE agents Thomas Watson, Elizabeth Forsythe, and Sam Herrera listed as leasing contacts for Lafayette Creek Commerce Park.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Others

• CBRE Group: Global commercial real estate services and investment firm that represents Nelkin as a leasing broker for commercial listings (e.g., Lafayette Creek). Comparable as the channel partner Nelkin depends on for commercial leasing distribution.

Broad incumbents

• Post Properties (Mid-America Apartment Communities): Multifamily REIT that originated as an Atlanta-focused apartment owner. Comparable in Atlanta apartment focus and product positioning, but materially larger and institutionally capitalized, representing the institutional competitor Nelkin faces.
• Regency Centers: Public REIT focused on grocery-anchored shopping centers. Comparable as an institutional retail real estate owner-operator with a similar focus on necessity-based retail tenancy, representing the institutional benchmark for Nelkin's retail book.
• Phillips Edison & Company: Public REIT focused on grocery-anchored neighborhood shopping centers across the US. Comparable in commercial retail property ownership and tenant-relationship focus, particularly to Nelkin's 2M+ SF retail portfolio.

Direct peers

• Gables Residential: Private multifamily owner-operator with a presence in Atlanta and other Sun Belt markets. Comparable in apartment ownership, in-house management approach, and focus on Class A/B urban infill product.
• RangeWater Real Estate: Atlanta-headquartered multifamily owner-operator with a comparable regional footprint across the Southeast. Most directly comparable to Nelkin given overlapping Atlanta-metro focus and similar mix of institutional-quality multifamily ownership and management.
• Hawthorne Residential Partners: Multifamily owner-operator focused on the Southeast, including the Atlanta metro. Comparable in apartment-portfolio scale, value-add repositioning strategy, and regional geographic focus to Nelkin's residential operations.
• FPA Multifamily: Private multifamily investment and management firm operating garden-style and value-add apartment communities. Comparable in private-capital structure, multifamily focus, and reliance on third-party operating infrastructure.
• Drucker + Falk: Privately held multifamily and commercial property management firm operating across the Southeast. Comparable in regional focus, third-party management orientation, and apartment portfolio size to Nelkin's residential book.
• Bozzuto Group: Privately held real estate company with multifamily ownership, development, and management capabilities on the East Coast and select Sun Belt markets. Comparable in vertically integrated multifamily operating model and private ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nelkin-real-estate

Revenue estimate

Valuation estimate

Number of profiles

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 Nelkin Real Estate