Royal Property Management
Royal Property Management is a privately held, full-service residential property manager founded in 1998, headquartered in Mobile, Alabama, managing roughly 250,000+ square feet of affordable, senior, and market-rate apartment communities across Alabama and Mississippi, plus HOA services.
- Company typePrivate
- Founded1998
- HeadquartersMobile, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Royal Property Management does
Royal Property Management Company (RMC), founded in 1998 and headquartered in Mobile, Alabama, is a privately held, full-service residential property management firm operating a portfolio of approximately 250,000+ square feet of rental assets across Alabama and Mississippi. The company's managed portfolio consists of roughly 8-10 apartment communities spanning income-restricted, senior (55+), and market-rate multifamily housing, including Forest Hill Village, Morrison Village, Regency Way, Sanderson Village, Saraland Manor, Taylor Heights, Timber Grove, Village Place, and Dauphin Gate, plus the Oak Forest HOA in Mobile. RMC's service offering covers daily property operations, tenant relations, marketing and lease negotiation, lease renewals, tenant improvement construction supervision, and a full suite of financial services (accounting, budgeting, proforma, cash flow management, owner reporting). Compliance work spans HUD, public housing 50058, rural housing, and LIHTC programs, positioning the firm as a specialty manager for affordable housing.
The operating stack is built on RealPage OneSite, a third-party property management platform that provides multifamily workflows, compliance monitoring, validation checks, and revenue processing. RentCafe is deployed at individual properties (e.g., Morrison Village) to provide online prospect and resident self-service, including floor plans, availability, and rental applications. The firm does not develop proprietary technology, does not expose APIs, and does not run a mobile app, making it operationally dependent on its software vendors.
Revenue mechanics are anchored in recurring property management fees charged as a percentage of rent roll to property owners and institutional/individual investors, supplemented by HOA management fees (Oak Forest) and project-based tenant improvement services. The customer base is bifurcated: (a) B2B owners/investors who contract management services, and (b) B2C residents who rent units. The go-to-market is sales-led, relying on direct outreach to institutional lenders, commercial brokers, and individual investors, supported by professional affiliations with IREM, NAA, Alabama Apartment Association, and other trade bodies, alongside a digital presence (company website, Facebook, Twitter, Instagram). Founder and president Marvin Dismukes leads an experienced management team with 90+ years of combined industry experience. The company is privately held, profitable by appearance, and shows no history of external funding or M&A.
Royal Property Management firmographics
Firmographics- Name
- Royal Property Management
- Legal name
- Royal Property Management Company
- Website
- https://royalmgmt.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Royal Property Management is a privately held, full-service residential property manager founded in 1998, headquartered in Mobile, Alabama, managing roughly 250,000+ square feet of affordable, senior, and market-rate apartment communities across Alabama and Mississippi, plus HOA services.
- Ownership category
- akta.pro rank
Royal Property Management industry classification
Industry- Product category
- Residential Property Management
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)
- akta.pro industry
- Affordable Housing Property ManagementBusiness & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Property Management
Keywords
Where Royal Property Management is headquartered
LocationHeadquarters
- HQ city
- Mobile
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Royal Property Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Property Management Fees: Royal Property Management generates revenue through full-service property management fees charged to property owners and investors. Services include daily operations, tenant relations management, marketing and tenant acquisition, lease negotiations, tenant improvements supervision, and comprehensive financial services including accounting, financial analysis, budgeting, proforma, cash flow management, and management reporting tailored to each property owner's needs.
- HOA Management Services: The company manages homeowner associations including Oak Forest HOA, providing administrative services, community communications, and dues collection. Revenue is generated through HOA management fees.
- Tenant Improvement Services: The company provides tenant improvement construction supervision and space planning services, overseeing remodeling projects and renovations for property owners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Full-Service Property Management |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Royal Property Management product offering
Product offeringCore offering
Royal Property Management provides full-service residential and commercial property management for property owners, institutional investors, and individual investors across Alabama and Mississippi. Services span daily operations, tenant relations, marketing and lease negotiations, tenant improvement space planning and construction supervision, HOA administration, and comprehensive financial services including accounting, budgeting, proforma, cash flow, and management reporting. The company manages a portfolio of eight apartment communities and one homeowners association using the RealPage OneSite platform for compliance and operations.
Product overview
Royal Property Management Company (RMC) operates as a full-service property management company managing approximately over 250,000 square feet of residential and commercial rental assets across Alabama and Mississippi. The core offering is Full-Service Property Management encompassing daily operations, tenant relations, marketing, lease negotiations, tenant improvement services, and financial reporting. The managed portfolio consists of residential apartment communities including Forest Hill Village (income-based), Morrison Village (senior 55+), Dauphin Gate, Regency Way, Sanderson Village (income-restricted), Saraland Manor (income-based retirement), Taylor Heights, Timber Grove (income-restricted), and Village Place, along with Oak Forest HOA management for single-family homes. The company uses RealPage OneSite property management software to manage operations and compliance.
Differentiator
Problem solved
Functional benefit
Products and services
- Full-Service Property Management End-to-end residential and commercial property management covering daily operations, tenant relations, marketing and signing new tenants, renewing and renegotiating leases, tenant improvement space planning and construction supervision, and a full line of financial services including accounting, financial analysis, budgeting, proforma, cash flow, and management reporting tailored to each property owner.
- Tenant Improvement Services
Quantifiable outcome
- Over 250,000 square feet of rental assets managed across multiple property types
- +2 more outcomes
Companies that use Royal Property Management
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Royal Property Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature1 record
Royal Property Management partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- RealPagecoreRoyal Property Management uses RealPage OneSite as their primary property management software platform. This cutting-edge technology enables management of different multifamily property types, assists in monitoring compliance for HUD, public housing 50058, rural housing and tax credit properties, and includes built-in validation checks for managing revenue with automated financial processing.
- RentCafecoreRentCafe integration provides Morrison Village residents and prospective tenants with online portal access for viewing floor plans, checking availability, and managing rental applications. This self-service platform enhances the tenant acquisition and retention process.
- Institute of Real Estate Management (IREM)coreProfessional affiliation and membership organization providing resources, training, and certification for real estate and property management professionals.
- National Apartment AssociationcoreNational trade association representing the apartment industry. Provides advocacy, education, and professional development resources for property management companies.
- Alabama Apartment AssociationcoreState-level apartment association providing advocacy, education, and networking opportunities for apartment professionals in Alabama.
- Southeastern Affordable Housing Management AssociationcoreRegional association focused on affordable housing management professionals in the southeastern United States.
- Mobile Bay Area Apartment AssociationminorLocal apartment association serving the Mobile Bay area, providing networking and advocacy for member companies.
- Mobile Area Chamber of CommerceminorLocal business organization providing networking, advocacy, and business resources for member companies in the Mobile area.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Royal Property Management competitors and assessment
Company assessmentBroad incumbents
- Cushman & Wakefield (Multifamily Management): Global commercial real estate services firm with multifamily management practice. Provides overlapping property management services at much larger scale and broader geographic footprint.
- Hunt Companies: Real estate investment and management firm with significant affordable housing operations including development and third-party management. Overlaps with Royal Property Management in affordable asset management focus.
- Greystar Real Estate Partners: Largest multifamily property management company in the U.S., managing ~800,000 units across conventional and affordable housing. Highly comparable in service offering (PM, leasing, resident services) but operates at vastly greater scale than Royal Property Management.
Direct peers
- WinnCompanies: Multifamily property manager with substantial affordable and Section 8 housing portfolio. Directly comparable in HUD/LIHTC compliance capabilities and full-service PM offering to property owners and investors.
- Fogelman Properties: Multifamily property management and investment firm serving the Southeast U.S. Geographic overlap (Southeast) and direct service offering comparability make it a relevant regional direct peer.
- The NRP Group: Developer, owner, and manager of affordable and workforce housing across the U.S. Comparable in LIHTC/HUD expertise and integrated approach to affordable multifamily operations.
- Dominion Management Group: Property management firm specializing in affordable and workforce housing, including LIHTC and HUD programs. Closely comparable compliance niche and third-party management model to Royal Property Management.
- RAM Partners: Third-party multifamily property manager operating conventional and affordable portfolios. Directly comparable third-party management service model serving institutional and private owners.
- Asset Living: National multifamily property management firm with material affordable housing exposure. Comparable in third-party management model serving institutional and individual owners across conventional and subsidized assets.
- Apartment Management Consultants (AMC): Multifamily property management firm serving conventional and affordable housing owners. Comparable in service breadth including leasing, compliance, and resident services for owners of varying portfolio sizes.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Royal Property Management social profiles
Digital presenceRoyal Property Management compliance and trust
Trust signalCompliance1 record
Royal Property Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Royal Property Management leadership team
Management profileNumber of profiles
Profiles1 record
Royal Property Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Royal Property Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Royal Property Management
What does Royal Property Management do?
Royal Property Management provides full-service residential and commercial property management for property owners, institutional investors, and individual investors across Alabama and Mississippi. Services span daily operations, tenant relations, marketing and lease negotiations, tenant improvement space planning and construction supervision, HOA administration, and comprehensive financial services including accounting, budgeting, proforma, cash flow, and management reporting. The company manages a portfolio of eight apartment communities and one homeowners association using the RealPage OneSite platform for compliance and operations.
Is Royal Property Management a public or private company?
Royal Property Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Royal Property Management founded?
Royal Property Management was founded in 1998. It employs 1 to 10 people.
Where is Royal Property Management based?
Royal Property Management is headquartered in Mobile, United States, in the North America region.
How does Royal Property Management make money?
Three revenue lines are on record. Property Management Fees are the primary driver. The others are HOA Management Services and tenant Improvement Services.
Who are Royal Property Management's main competitors?
Broad incumbents on record are Cushman & Wakefield (Multifamily Management), Hunt Companies and Greystar Real Estate Partners. Direct peers are WinnCompanies, Fogelman Properties, The NRP Group, Dominion Management Group, RAM Partners, Asset Living and Apartment Management Consultants (AMC).
Does Royal Property Management have an API?
No public API is recorded for Royal Property Management.
What industry is Royal Property Management in?
Royal Property Management's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAGAJ, Affordable Housing Property Management. Its NAICS code is 531311 and its SIC code is 6531.