APSA

What APSA does

APSA – ADMINISTRAÇÃO PREDIAL E NEGÓCIOS IMOBILIÁRIOS S/A is a privately held Brazilian property management and real estate services company founded circa 1930 and headquartered in Rio de Janeiro. The company manages more than 3,000 condominiums and operates across 9 Brazilian cities spanning the Southeast, Northeast, and Central-West regions. Its core offerings are organized around three pillars: Gestão Condominial (condominium administration), Administração Predial (building administration), and Negócios Imobiliários (real estate brokerage and rental management). These are augmented by premium add-on modules including Inteligência Imobiliária (real estate market intelligence for institutional investors and family offices), Revolução Condominial (a model guaranteeing 100% of condominium fee collection on due date), Inteligência Condominial (consumption analytics for síndicos), and Administração de Grandes Patrimônios (large portfolio management).

The company's technology stack centers on a digital client portal (Área do Cliente), iOS and Android mobile applications, and a property calculator, supporting both self-serve consumers and relationship-managed enterprise accounts. The platform integrates with partner ecosystems covering insurance (Schatz), energy credits (Genial Solar), legal advisory, financial services, maintenance, and a benefits club (Clube de Vantagens). Revenue is generated primarily through subscription-recurring condominium management fees and rental administration fees, supplemented by professional services for institutional intelligence consulting and affiliate commissions from insurance distribution.

APSA holds ISO 9001 certification for its Club and Corporate condominium segments and is compliant with Brazilian LGPD data protection law. The company is led by Diretor Superintendente Fernando Henrique Schneider alongside a multi-generational leadership team (the Schneider family name appears across multiple director-level roles). No revenue figures, funding history, or ownership stakes are publicly disclosed, and the company does not appear to be backed by institutional investors or private equity sponsors based on the available data.

Name

APSA

Legal name

APSA – ADMINISTRAÇÃO PREDIAL E NEGÓCIOS IMOBILIÁRIOS S/A

Website

https://apsa.com.br

Company type

Private

Founded year

1930

Operating status

Operating

Headcount range

251–500 employees

Short description

APSA is a Brazilian property management and real estate services firm, founded circa 1930 and headquartered in Rio de Janeiro. It manages 3,000+ condominiums across 9 Brazilian cities, offering subscription-based administration, rental management, insurance distribution, and market intelligence services to property owners, condominium associations, and institutional investors.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Nonresidential Property Managers (531312), Rental and Leasing Services (532)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

HOA / Condominium Association Management (BPAJAFAH)

akta.pro secondary industries

Condominium Association Management (BPAJAHAA), Association Compliance, Governance & Board Support Services (BPAJAHAN), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Master-Planned Community & POA Management (BPAJAHAD)

Keywords

• Condominium management services
• Property administration
• Real estate brokerage
• Rental management
• Real estate intelligence

Headquarters

HQ city

Rio De Janeiro

HQ country

Brazil

HQ region

Latin America

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Condominium Management Services: APSA charges fees for managing residential and commercial condominiums, including financial administration, maintenance coordination, resident services, and compliance management
2. Property Rental Administration: Management of rental properties including tenant placement, rent collection, property maintenance, and lease administration for property owners
3. Real Estate Intelligence Consulting: Specialized consulting services for property investment decisions, portfolio management, and market analysis targeting Assets, Investment Banks, Family Offices, and large property portfolio owners
4. Insurance Services (via Schatz): Insurance brokerage services for condominiums, property rental, construction, and individual coverage through partnership with Schatz Corretora de Seguros

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

APSA provides professional condominium management and administration services for residential and commercial buildings, including financial administration, fee collection, maintenance coordination, and resident services. The company also manages rental properties on behalf of owners (tenant placement, rent collection, maintenance), offers real estate brokerage for purchase and sale, and provides a real estate intelligence consulting service for institutional investors, family offices, and large portfolio holders built on 90+ years of market data.

Product overview

APSA offers a unified platform combining condominium management, building administration, and real estate services through multiple integrated modules. The core offerings include Gestão Condominial (condominium management), Administração Predial (building administration), and Negócios Imobiliários (real estate). These are supplemented by premium add-on modules such as Inteligência Imobiliária (real estate intelligence), Inteligência Condominial (condominium analytics), Revolução Condominial (guaranteed revenue management), and Administração de Grandes Patrimônios (large asset management). Additional services include APSA Síndica (professional syndicate), Alugue Rápido (quick rent guarantee), Seguro Fiança (rental insurance), and the Clube de Vantagens (benefits club). The platform is accessible via web portal (Área do Cliente) and mobile applications, with an integrated ecosystem of partner services covering health, finance, legal, training, and maintenance.

Differentiator

Problem solved

Functional benefit

Brands

• Prime – Inteligência Imobiliária: Premium real estate intelligence service part of the Administration de grandes patrimonios offering exclusive advantages for maximizing real estate investment.
• Revolução Condominial

Products and services

• Gestão Condominial (Condominium Management) Core condominium management service providing administration, financial management, maintenance coordination, fee collection, and resident services for residential and commercial buildings of all sizes.
• Administração Predial (Building Administration) Building administration service managing residential and commercial properties.
• Negócios Imobiliários (Real Estate Brokerage) Real estate brokerage services including property sales, rentals, and management.
• Inteligência Imobiliária APSA (Real Estate Intelligence) Strategic real estate intelligence service providing specialized market information, investment decision support, and portfolio management for assets managers, investment banks, family offices, and large property holders.
• Revolução Condominial (Guaranteed Fee Collection Model) Specialized management model that guarantees 100% of condominium revenue on the due date and assumes responsibility for collections from delinquent units.
• Administração de Grandes Patrimônios (Large Portfolio Administration) Strategic and personalized management of large real estate portfolios, offering security and confidence with innovative solutions for high-net-worth and institutional clients.
• Inteligência Condominial (Condominium Analytics) Free analytical tool for síndicos to make strategic decisions and identify real cost-saving opportunities through water and energy consumption pattern analysis in condominiums.
• APSA Síndica (Professional Syndicate Service) Professional syndicate service providing expert building management on behalf of condominium associations.
• Insurance Brokerage Services (via Schatz) Insurance brokerage services for condominiums, property rental, construction, and individual coverage through partnership with Schatz Corretora de Seguros, covering more than 2,000 condominiums, 25,000 units, 5,000 lives, and rental insurance for more than 15,000 properties.
• Condomínios-Clube (Club Condominiums) Premium condominium management service for club-style residential complexes with extensive amenities. ISO 9001 certified quality management.

Quantifiable outcome

• 710% increase in credit card payments for condominium fees since 2021
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Schatz Corretora de SeguroscoreChannel Partner/ Reseller/ DistributorSchatz is one of the largest condominium insurance brokers in Brazil, specializing in real estate insurance. They administer policies for more than 2,000 condominiums, 25,000 units, 5,000 lives, and rental insurance for more than 15,000 properties. Schatz offers coverage for condominiums, rental properties, construction, and individual insurance. They operate nationwide through proprietary units and partnerships with leading administrators.
• Genial SolarcoreChannel Partner/ Reseller/ DistributorGenial Solar constructs solar plants and commercializes energy credits for clients. The service is available for electricity accounts in low voltage, for individuals or legal entities, with a minimum value of R$400.00. Clients can receive up to 15% discount on monthly electricity bills. Available for condominiums and residences in Rio de Janeiro and Niterói.
• Danthi ComunicaçãominorGTM or Marketing PartnerPR and press communication agency handling APSA's media relations. Contact: [email protected], [email protected], [email protected]. Phone: (21) 3114-0774.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Lello Imóveis: Lello is a long-standing São Paulo-based Brazilian real estate firm offering property administration, rental management, and brokerage services. It is directly comparable to APSA in scope (condominium administration + rental + sales) and target customer base, and competes head-to-head in major metros.
• WebCasas (Tecnologia Webchalise): WebCasas provides condominium administration software and management services to Brazilian buildings. It is a direct peer to APSA in condominium management, with a more software-centric delivery model and similar target customers (síndicos and condo boards).
• CondoManage / Grupo CondoManage: CondoManage offers condominium and building administration services across Brazil, including financial management, maintenance, and resident services. It is a direct peer to APSA's Gestão Condominial core product and competes in similar mid-market segments.

Emerging players

• QuintoAndar: QuintoAndar is a leading Brazilian proptech operating a digital rental marketplace and end-to-end rental management platform. It overlaps with APSA's rental administration and tenant placement lines, but targets landlords and tenants through a fully digital, asset-light model rather than traditional condominium administration.
• Loft: Loft is a Brazilian proptech focused on residential real estate transactions and brokerage. It overlaps with APSA's Compra e Venda (sales) line and increasingly offers property management-adjacent services, but does not focus on condominium administration like APSA.

Regional players

• Lopes Consultoria Imobiliária: Lopes is a Brazilian real estate brokerage and consulting firm with historical strength in São Paulo and Rio de Janeiro. It overlaps with APSA's sales, rental administration, and brokerage offerings, primarily serving middle-market and luxury segments.

Broad incumbents

• Cushman & Wakefield Brazil: Cushman & Wakefield operates a global commercial real estate services platform with a substantial Brazilian presence. It overlaps with APSA's commercial/corporate condominium management line but serves a higher-end and larger-tenant base with a broader advisory and capital markets portfolio.
• JLL Brasil (Jones Lang LaSalle): JLL is a global real estate services firm operating in Brazil across property management, leasing, valuation, and capital markets. Its Brazilian property management practice overlaps with APSA's commercial/corporate condo line, though JLL serves enterprise-grade clients at a global scale.
• CBRE Brasil: CBRE provides global commercial real estate services in Brazil including property and facilities management for corporate clients. It competes with APSA in the Condomínios Comercial e Corporate sub-brand, though CBRE's scale is multinational and its focus is enterprise-grade offices rather than mid-market residential condos.
• FirstService Corporation: FirstService Corporation is a large North American residential property management and services company. While not Brazilian, it serves as a global benchmark for the residential/condo management model APSA operates at scale, and is often cited as a strategic comparable for institutional investors evaluating Brazilian condo managers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCYUEJ5dmGIC478-oSuIEUrQ
• Facebookfacebook.com/APSAOficial/?fref=ts
• LinkedInlinkedin.com/company/2537974?trk=tyah&trkInfo=clickedVertical%3Acompany%2CclickedEntityId%3A2537974%2Cidx%3A2-3-4%2CtarId%3A1472836709593%2Ctas%3Aapsa
• Instagraminstagram.com/oficialapsa

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 APSA