Casablanca Management

What Casablanca Management does

Casablanca Management is a privately held, family-owned real estate management company that owns and operates a portfolio of more than 500 residential rental units across Brooklyn, the Bronx, Florida, and Puerto Rico, with the founder Edgar Casablanca having begun acquiring and renovating Bronx mixed-use properties in the late 1980s. The company's core offering is full-service multifamily property management encompassing management, development, construction, and leasing across roughly 16+ identified buildings, the majority concentrated in Bronx neighborhoods such as Fordham Manor, Morrisania, Soundview, Mott Haven, Jerome Park, and Claremont, with additional assets in Brooklyn's Greenpoint, Fort Lauderdale, and three sites in Puerto Rico.

Its revenue model is built on rental income from the owned portfolio (a recurring subscription-style stream from individual tenant leases) combined with professional property management, leasing, and development services. Tenant-facing operations are supported by PayLease for online rent collection and lease renewals processed through the company website (casablancamgmt.com), while website development is handled by Eventige. Pricing is not publicly disclosed and is handled through direct phone (347.202.9405) and email ([email protected]) contact.

The company is led by Edgar Casablanca as CEO, with family members Monique Casablanca (CFO), Bianca Casablanca (COO), and Edgar Casablanca Jr. (Field Supervisor) in key roles, alongside Diana Cordero as Legal Director and Ruth Serrano as Assistant Property Manager. Casablanca Management has no disclosed outside investors, no funding rounds, no public listing, and no subsidiaries, reflecting a traditional owner-operator model concentrated within the Casablanca family.

Name

Casablanca Management

Legal name

Casablanca Management

Website

https://casablancamgmt.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Bronx

HQ country

United States

HQ region

North America

Offices19 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Casablanca Management generates revenue through rental income from its multifamily residential portfolio consisting of over 500 units across Brooklyn, the Bronx, Florida, and Puerto Rico. The company operates as both property owner and manager, combining ownership with professional property management services.
2. Property Management Services: Revenue is generated through management, development, construction, and leasing services for residential properties. The company handles all aspects of building operations including tenant management, maintenance, and property enhancement.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Casablanca Management is a real estate management company that owns and operates a multifamily residential portfolio of over 500 units across Brooklyn, the Bronx, Florida, and Puerto Rico. The company delivers integrated management, development, construction, and leasing services, handling tenant support, maintenance, lease renewals, and rent collection for its owned and managed properties.

Product overview

Casablanca Management is a unified property management service offering that provides end-to-end real estate management for multifamily residential properties. The company operates a core property management platform encompassing management, development, construction, and leasing services. Their portfolio includes over 500 residential units across Brooklyn and the Bronx in New York, plus additional properties in Florida and Puerto Rico. Individual properties (such as 140 West 238th Street, 158 Green Street, Morris Avenue buildings, Ward Avenue buildings) are listed as managed assets within the company's portfolio. Resident support services including 24/7 customer support, online rent payment via PayLease integration, lease renewals, and lease applications form the tenant-facing service layer. The company has over 25 years of experience managing properties throughout NYC's most desirable neighborhoods.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services Full-service real estate management for multifamily and mixed-use residential properties, encompassing management, development, construction, and leasing operations across Brooklyn, the Bronx, Florida, and Puerto Rico.
• Resident Support Services
• Residential Rental Housing Portfolio

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

Partnerships

Two partnerships are on record, tiered core and minor.

• PayLeasecoreTechnology or IntegrationPayLease is an online payment processing partner that enables Casablanca Management tenants to pay rent quickly, safely, and conveniently online. The integration provides tenants with a hassle-free payment experience through a dedicated payment portal.
• EventigeminorImplementation/ SI/ Consulting PartnerEventige is a web development agency that designed and maintains the Casablanca Management website (casablancamgmt.com). Site credit given to Eventige for website development services.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Greystar Real Estate Partners: Largest multifamily owner, operator, and property manager globally with a substantial NYC multifamily portfolio. Directly comparable product/offering (residential property management) but at vastly larger scale and with institutional capital.
• FirstService Residential: Large North American residential property management platform that competes for NYC rental and condo management mandates, comparable in resident-facing services but with broader geographic reach and institutional backing.

Direct peers

• Cammeby's Management Company: Long-standing, family-controlled NYC owner-operator of multifamily and mixed-use residential properties, highly comparable to Casablanca in scale (hundreds-to-thousands of units), vertical integration (ownership + management), and Bronx/Brooklyn operating geography.
• Stellar Management: NYC-focused multifamily owner and operator with a large rent-stabilized and market-rate portfolio in the Bronx and other outer boroughs, directly comparable in unit count range, asset class, and integrated owner-manager model.
• Rose Associates: NYC-based owner and third-party property manager of multifamily residential assets, comparable in vertical integration, Bronx/Manhattan exposure, and combined ownership-plus-management business model.
• Douglaston Development: NYC multifamily owner-operator and developer with rent-regulated and market-rate Bronx and outer-borough holdings, comparable in building type (pre-war walkups), regulatory exposure, and integrated ownership-plus-management operations.
• The Arker Companies: Multifamily owner-operator with a deep NYC rent-regulated and market-rate portfolio including substantial Bronx exposure, comparable in geographic concentration, building vintage (pre-war walkups), and integrated property management.
• AKAM Associates: NYC-area residential property management and consulting firm serving condo, co-op, and rental buildings, directly comparable in providing resident-facing services (online payments, 24/7 support) for NYC multifamily owners.
• B&B Urban: NYC-focused multifamily owner-operator concentrated in the Bronx and upper Manhattan, comparable in unit-class (rent-regulated and market-rate walkups), geographic focus, and combined ownership/management model.
• Wavecrest Management Group: NYC-focused multifamily property manager with significant Bronx and outer-borough exposure, comparable in building vintage, tenant base, and rent-regulated portfolio mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Casablanca Management