Mountain States Property Management

What Mountain States Property Management does

Mountain States Property Management (legal name: Mountain States Properties) is a privately held real estate management and development company founded in 1979 and headquartered in Logan, Utah. The firm operates a vertically integrated model that self-develops and self-manages a portfolio of Class A residential apartment and townhome communities under the "Seasons" brand (Seasons at Stonebrook in Sparks, NV; Seasons on Mill Creek in South Logan, UT; Seasons on Riverdale in South Ogden, UT), alongside a smaller commercial portfolio of retail and office properties concentrated in the Logan, Utah market. The current footprint spans the Wasatch Front in Utah and the greater Reno area in Nevada, with active expansion into Idaho via Highland Heights in Pocatello.

The company generates revenue across three streams: (1) recurring property management fees from third-party owners for whom Mountain States provides full-service leasing, operations, and capital improvement management; (2) rental income from self-owned residential apartment and townhome communities in Utah and Nevada; and (3) commercial lease income from owned retail and office assets. Its in-house marketing team manages SEO, social media, paid search (including Google AdWords remarketing), and online reputation, while a Juniper Square investor portal signals formal LP/outside-investor reporting infrastructure to support the development pipeline. Technology consists of a standard property-management stack — website, tenant portal, internal leasing and operations systems — with high-speed fiber internet deployed as an amenity across the Seasons portfolio.

Leadership is institutionalized across five executive roles: CEO Alex Norr, VP of HR People & Culture Bree Gnehm, VP & Development Brent Willie, VP of Finance Jake Peterson, and VP of Property Management Charissa Martinez. The pipeline includes four active development projects — Seasons at Capitol Hill (101 units in Salt Lake City), Valley Grove Apartments (Pleasant Grove, UT), Highland Heights (Pocatello, ID), and Hawk Hollow (23 single-family lots in Nibley, UT) — alongside the existing operating portfolio and commercial assets. Employee headcount is reported in the 11–50 band, consistent with a lean regional owner-operator that relies on on-site property staff for day-to-day operations.

Name

Mountain States Property Management

Legal name

Mountain States Properties

Website

https://mountainstatespm.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Mountain States Property Management is a privately held, vertically integrated real estate management and development firm founded in 1979 in Logan, Utah. It self-develops and manages Class A "Seasons" apartment communities and commercial properties across Utah, Nevada, and Idaho.

Ownership category

akta.pro rank

Headquarters

HQ city

Logan

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Full service property management fees charged to property owners for managing and leasing residential and commercial properties.
2. Residential Rental Income: Revenue from self-owned residential apartment communities including apartments and townhomes in Utah and Nevada.
3. Commercial Leasing: Commercial real estate property leases including retail and office space.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Mountain States Properties is a full-service real estate management and development company that owns, develops, leases, and manages residential apartment and townhome communities under the "Seasons" brand across the Wasatch Front and greater Reno area, alongside commercial real estate including retail and professional office space in Utah and Nevada. The firm offers property management services to third-party property owners in addition to acting as landlord for its own residential and commercial portfolio, integrating development through ongoing operations with an in-house marketing and leasing team.

Product overview

Mountain States Properties operates as a real estate management and development company offering residential and commercial property services. Their residential portfolio includes the Seasons apartment brand with multiple communities (Seasons at Stonebrook, Seasons on Mill Creek, Seasons on Riverdale) featuring upscale multi-family apartments ranging from 1-3 bedrooms with amenities. Their commercial portfolio includes retail and office spaces for lease, including 1010 North Main (retail), 130 South Main (office), Century Capital (office), Logan Pointe, and Woods Cross. Development projects include upcoming communities: Seasons at Capitol Hill (101 units), Valley Grove Apartments, Highland Heights, and Hawk Hollow (23 single family lots). The company provides luxury resort-style amenities including sports pools, hot tubs, splash pads, fitness centers, pet parks, and High-Speed Fiber Internet across their properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Seasons at Stonebrook Residential apartment community offering 1-3 bedroom units ranging from 751-1360 square feet, located at 7755 Tierra Del Sol Pkwy in Sparks, NV 89436. Available to prospective residential tenants in the greater Reno area.
• Seasons on Mill Creek Residential apartment community offering 1-2 bedroom units ranging from 501-1329 square feet, located at 92 W 100 S in South Logan, UT 84321. Available to prospective residential tenants in the Wasatch Front area.
• Seasons on Riverdale Residential apartment community offering units ranging from 427-882 square feet, located at 3697 S Riverdale Road in South Ogden, UT 84405. Available to prospective residential tenants in the Ogden area.
• Full-Service Property Management Full-service property management offering including leasing, operations, capital improvements, energy management, and marketing for residential and commercial properties owned by third-party investors. Available to property owners and investors across Utah and Nevada markets.
• 1010 North Main Commercial Property 3,686 square foot retail building with direct access to Main Street, located at 1010 North Main Street in Logan, Utah 84321. Available for commercial lease to retail tenants.
• 130 South Main Commercial Property 19,000 square foot professional office building located on Main Street in downtown Logan. Available for office lease to professional and medical tenants.
• Century Capital Commercial Property 12,000 square foot professional office building located at 95 W 100 S - 75 W 100 in South Logan, UT 84321. Available for office lease to commercial tenants.
• Logan Pointe Commercial Property Commercial property located at 1300 N 200 E in Logan, UT 84321. Available for commercial lease.
• Woods Cross Commercial Property Commercial property located at 2250 S 850 W in Woods Cross, UT 84087. Available for commercial lease.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Cushman & Wakefield: Cushman & Wakefield is a global commercial real estate services firm offering property management, leasing, and investment sales. It is a broad incumbent comparable to Mountain States' commercial property and leasing business, especially for office and retail space in the Mountain West.
• CBRE Group: CBRE is the world's largest commercial real estate services firm, providing property management, leasing, and investment advisory services. It is a broad incumbent competitor in Mountain West commercial leasing and management services.
• Greystar Real Estate Partners: Greystar is the largest apartment management and development company in the U.S. and operates across most major markets. It is comparable as a broad incumbent that also develops and manages Class A multifamily, competing for tenant demand and capital in the Mountain West.
• JLL (Jones Lang LaSalle): JLL is a global real estate services company providing property management, leasing, and investment advisory. It is a broad incumbent comparable to Mountain States' commercial property management and leasing offerings.
• Lincoln Property Company: Lincoln Property Company is a major national residential property manager and developer with extensive multifamily portfolios. It is a broad incumbent competing in many of the same regional and tertiary U.S. markets that Mountain States targets.

Direct peers

• Wasatch Property Management: Wasatch Property Management is a regional Utah-based residential property management firm serving the Wasatch Front. It is a direct peer in same geography, same product (residential property management), competing for similar tenants and owner clients.
• Apartment Management Consultants (AMC): AMC is a regional Utah-based apartment management firm offering third-party multifamily management and owner services. It is a direct peer competing for owners/investor mandates in overlapping Mountain West submarkets.

Regional players

• Wasatch Premier Properties: Wasatch Premier Properties is a Utah-based property management and real estate firm focused on Utah residential portfolios. It is a regional peer in the same geography with overlapping management offerings.
• Mountain West Commercial Real Estate: Mountain West Commercial Real Estate is a regional brokerage and property services firm operating across Utah, Idaho, and Nevada. It is a regional peer comparable to Mountain States' commercial leasing and management business across the same Mountain West geography.
• Peak Capital Companies: Peak Capital Companies is a Utah-based multifamily investment and management firm focused on Mountain West apartment assets. It is a regional peer in similar geography, similar product type (Class A/B multifamily), competing for tenants and acquisitions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/mountainstatespm

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Mountain States Property Management