Grace Property Management & Real Estate

What Grace Property Management & Real Estate does

Grace Property Management & Real Estate is a privately held, family-owned property management firm operating exclusively in Colorado since 1978. The company provides full-service residential and commercial property management across 30+ Colorado cities in the Denver metropolitan and Front Range regions, serving individual property owners and real estate investors as its primary customer segment, with tenants as a secondary segment. Its service scope covers the full management lifecycle: property marketing, applicant screening, lease execution, rent collection, 24/7 maintenance coordination, financial reporting, legal compliance, eviction handling, and real estate sales. Marc Cunningham, son of founder Alan Cunningham, serves as President.

The company's core technology platform is Rentvine Property Management software, which powers online owner and tenant portals for 24/7 financial access, rent payment, and maintenance requests. The company describes a 'time-tested' applicant screening process that combines personalized processing with advanced data search technology, supported by a database of more than 20,000 screened applications. Lease documents are produced in partnership with TSM, a Colorado landlord-tenant law firm, and include multiple legally protective addendums. The website supports a content marketing engine of 120+ educational blog posts, free ROI/rent-vs-sell/vacancy-loss calculators, and city-level SEO pages targeting 30+ markets.

Revenue is generated primarily through a percentage management fee on rent actually collected, with no fee charged during vacancy periods, aligning company incentives with owner outcomes. Secondary revenue streams include a $250-$500 tenant lease administration fee plus $25/month, $50 application fees, capped late fees under Colorado SB21-173, and various transactional fees (NSF, demand posting, lease assignment). The company also derives reputational and pipeline value from teaching Continuing Education to property managers in 25 states and providing expert legal witness services. Differentiation rests on the 47-year family-owned brand, no-fee month-to-month contracts, $1,000 eviction and pet damage guarantees, and a 99% rent collection rate.

Name

Grace Property Management & Real Estate

Legal name

Grace Property Management & Investment Corp.

Website

https://rentgrace.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Grace Property Management & Real Estate is a family-owned, full-service property management firm founded in 1978 that manages residential and commercial rental properties for individual owners and real estate investors across 30+ Colorado cities in the Denver metro and Front Range.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

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

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Lease Administration & Tenant Services (BPAJAFAL)

Keywords

• Residential property management
• Commercial property management
• Tenant screening services
• Rent collection services
• Real estate investment

Headquarters

HQ city

Colorado Springs

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, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Property Management Fee: The primary revenue stream is a percentage of actual rent collected. The company does not charge a management fee if the property is vacant or no rent is collected. This aligns company incentives with owner outcomes.
2. Lease Administration Fee: Charged to tenants at $250 or $500 upfront (depending on whether monthly rent is below or above $2,500), plus $25 per month. This fee supports full-service management services and keeps owner fees low.
3. Application Fees: $50 per adult applicant (18+) for rental applications when no portable tenant screening report is provided. Company accepts PTSRs to reduce applicant costs. One application fee per lifetime policy.
4. Late Fees: Late fees capped at 5% of outstanding rental amount per month (max $50) per Colorado SB21-173.
5. Other Transactional Fees: Fees for rent demand posting ($50), NSF returned checks ($20), month-to-month holding (25% of monthly rent), and lease assignment ($500).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Grace Property Management & Real Estate provides full-service residential and commercial property management for property owners and real estate investors across Colorado. Services include leasing, applicant screening, property marketing, rent collection, maintenance coordination, financial reporting via owner portal, legal compliance, eviction handling, and real estate sales. The company charges owners a percentage of rent collected, with no fee during vacancy, and charges tenants a lease administration fee plus application and transactional fees.

Product overview

Grace Property Management & Real Estate offers a full-service property management platform for residential and commercial real estate investors in Colorado. The core offering is a unified property management service that encompasses the full management lifecycle: leasing and tenant placement, applicant screening, property marketing, rent collection, maintenance coordination, financial accounting, legal compliance, eviction handling, and real estate sales. Service delivery is supported by Rentvine's property management software powering owner and tenant portals. The company also provides ancillary services including free investment calculators (ROI, Rent vs. Sell, Vacancy Loss), continuing education for property managers across 25 states, expert witness services, and the Grace-Gives charitable program. Guarantees include a $1,000 eviction legal fee coverage and $1,000 pet damage coverage, along with a month-to-month management agreement with no termination fees.

Differentiator

Problem solved

Functional benefit

Brands

• Grace Gives: A charitable fund where money is donated for every lease signed to help responsible residents who encounter unexpected financial difficulties. The company has donated $55,000 to this fund.

Products and services

• Residential Property Management Full-service residential property management for single-family homes, condos/townhomes, and multi-family properties in Colorado, covering leasing, applicant screening, marketing, rent collection, maintenance, accounting, legal compliance, and evictions.
• Commercial Property Management Management and leasing services for commercial properties in the Denver Metro Area, including retail, office, and industrial spaces.
• Real Estate Sales
• Continuing Education for Property Managers
• Expert Witness Services

Quantifiable outcome

• 99% rent collection rate
• +8 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• RentvinecoreTechnology or IntegrationGrace Property Management uses Rentvine's Property Management software for its owner and tenant portals. Owners access a portal for financial tracking, and tenants access a resident portal for rent payment and maintenance requests. This is the primary technology platform for client-facing services.
• TSM (Law Firm)coreImplementation/ SI/ Consulting PartnerTSM is described as a top Colorado landlord law firm that creates Grace Property Management's lease package. The lease package includes multiple lease addendums for maximum legal protection.
• State Realtor Associations (25 States)coreStrategic or Co-development PartnerGrace Property Management teaches Continuing Education to property managers in 25 states through state Realtor associations. They teach thousands of Realtors and property managers each year, helping educate them on property management best practices.

Scale indicators12 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Lincoln Property Company: National residential and commercial real estate services firm with property management as a core offering. Comparable service mix but operates at much larger scale and with broader geographic reach than Grace.
• HomeRiver Group: One of the largest US residential property management companies, operating across multiple states with full-service offerings (leasing, screening, accounting, maintenance). Broader geographic and capital footprint than Grace but directly overlapping service lines.
• Greystar: Largest residential property manager in the United States, with deep multifamily and single-family rental operations. Comparable in service offering (full-service PM) but vastly larger scale and capital base; targets institutional and large-portfolio owners.
• Cushman & Wakefield: Global commercial real estate services firm with a property management division spanning office, retail, and industrial. Overlaps with Grace's commercial PM offering; serves institutional owners rather than individual investors.
• Mainstreet (Main Street Renewal / Civita): Large institutional single-family rental operator and manager; competes for higher-end investor owners in Colorado. Broader institutional backing and scale than Grace; overlapping in residential PM and tenant screening.

Others

• Buildium (RealPage): Property management software platform for residential managers. Like AppFolio, enables self-management and powers competing PM firms — represents indirect competitive pressure on Grace's value proposition through technology-enabled alternatives.
• AppFolio: Public property management software platform serving residential and community association managers. Not a direct competitor (software provider) but powers many competing PM firms; a competitive substitute for owners considering self-management with technology.

Direct peers

• Property Management Inc. (PMI): National franchise system offering full-service residential and commercial property management with similar fee structures and service suites. Most directly comparable by business model — local franchisee owners running full-service PM in defined territories.
• Real Property Management (RPM): National franchise property management company providing residential PM (leasing, screening, rent collection, maintenance) via local franchisees. Operates with similar full-service playbook and percentage-of-rent economics as Grace.

Regional players

• Allegiant Property Management: Colorado-based residential property management company serving the Denver metro area with comparable full-service offerings. Direct regional competitor in Grace's core geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/grace_rent
• YouTubeyoutube.com/channel/UCNfJDxdGizDOdvHuhNV7rGQ
• Facebookfacebook.com/GracePropertyManagementDenver
• LinkedInlinkedin.com/company/grace-management-&-investment
• Instagraminstagram.com/rentgrace

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Grace Property Management & Real Estate