The Gershen Group
The Gershen Group is a Princeton, New Jersey-based private real estate services firm that provides property management through two subsidiaries: MIMC for multifamily housing and MICO Management for association, commercial, and retail properties. Founded in 1959, it serves local property owners and associations.
- Company typePrivate
- Founded1959
- HeadquartersPrinceton, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What The Gershen Group does
The Gershen Group is a privately held real estate services firm based in Princeton, New Jersey, that operates as an umbrella organization for two specialized property management subsidiaries: Moderate Income Management Company, Inc. (MIMC), which provides property management services for multifamily residential housing, and MICO Management, which handles association management along with commercial and retail property management. Founded in 1959 by Alvin E. Gershen and Mildred B. Gershen, the firm has operated continuously for over six decades in a narrowly defined local market.
The company's business model centers on fee-based property management services delivered through its two operating subsidiaries. MIMC addresses the operational needs of multifamily housing operators — including tenant relations, maintenance coordination, and day-to-day property administration — while MICO Management serves residential associations and commercial/retail property owners with analogous management services. The vertical segmentation allows each subsidiary to specialize in the distinct regulatory, operational, and tenant-mix requirements of its respective property type. Customer segmentation is organized by use case rather than by geography or firm size.
The company operates with a lean headcount of 1-10 employees and maintains a minimal digital presence through tgg-online.com, which functions as a directory linking to the two subsidiary websites (mimcmgmt.com and micomanagement.com). There is no publicly disclosed pricing, no technology platform, and no indication of AI or automation tooling. The Gershen Group has not raised external funding, does not disclose revenue, and provides no information on ownership structure, units under management, or geographic expansion — representing significant data gaps for any prospective investor or acquirer evaluating the business.
The Gershen Group firmographics
Firmographics- Name
- The Gershen Group
- Legal name
- The Gershen Group
- Website
- https://gershengroup.com
- Company type
- Private
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Gershen Group is a Princeton, New Jersey-based private real estate services firm that provides property management through two subsidiaries: MIMC for multifamily housing and MICO Management for association, commercial, and retail properties. Founded in 1959, it serves local property owners and associations.
- Ownership category
- akta.pro rank
The Gershen Group industry classification
Industry- Product category
- Property Management Services
- NAICS
- Real Estate Property Managers (53131), Management of Companies and Enterprises (5511)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Mixed-Use Property Management (BPAJAGAE)
- akta.pro secondary industries
- Mixed-Use Community Association Management (BPAJAHAF), Homeowners Association (HOA) Management (BPAJAHAB)
Keywords
Where The Gershen Group is headquartered
LocationHeadquarters
- HQ city
- Princeton
- HQ country
- United States
- HQ region
- North America
Markets served
The Gershen Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
The Gershen Group product offering
Product offeringCore offering
The Gershen Group is an umbrella organization that provides property management services through two related companies: Moderate Income Management Company, Inc. (MIMC), which manages multifamily housing, and MICO Management, which handles association, commercial, and retail property management. Services include professional day-to-day operations, tenant relations, and maintenance coordination for property owners.
Differentiator
Problem solved
Functional benefit
Products and services
- Moderate Income Management Company, Inc. (MIMC) — Multifamily Housing Property Management Outsourced property management services for income-generating multifamily residential housing complexes, including tenant relations and maintenance coordination. Targeted at owners and operators of multifamily housing portfolios who do not wish to self-manage.
- MICO Management — Association, Commercial & Retail Property Management Outsourced property management services spanning residential association management as well as commercial and retail property operations. Designed for association boards and owners of commercial or retail properties who need professional day-to-day management support.
Companies that use The Gershen Group
Customer profileSegments2 records
Ideal customer profiles2 records
The Gershen Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Gershen Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Moderate Income Management Company, Inc. (MIMC)coreModerate Income Management Company, Inc. (MIMC) is a related company featured under The Gershen Group umbrella. MIMC specializes in multifamily housing property management services. The company is presented as a partner organization within the tgg-online.com platform.
- MICO ManagementcoreMICO Management is a related company operating under The Gershen Group umbrella. MICO Management specializes in association management as well as commercial and retail property management services. The company is featured as a partner organization on the tgg-online.com platform.
Recent moves3 records
The Gershen Group competitors and assessment
Company assessmentBroad incumbents
- Greystar Real Estate Partners: Greystar is the largest multifamily and student housing property management company in the U.S., directly comparable to MIMC's multifamily housing management offering but at vastly greater scale.
- CBRE Group: CBRE is the world's largest commercial real estate services firm with property management offerings, comparable to MICO Management's commercial property management services.
- Lincoln Property Company: Lincoln Property Company provides multifamily, commercial, and mixed-use property management nationally, directly comparable across the Gershen Group's full property management scope.
- Cushman & Wakefield: Cushman & Wakefield is a global commercial real estate services firm with significant property and facilities management operations, comparable to MICO's commercial and retail property management.
- JLL (Jones Lang LaSalle): JLL provides commercial property and facilities management services globally, comparable to the commercial and retail property management segment of The Gershen Group.
Direct peers
- FirstService Residential: FirstService Residential is a leading North American residential property and association manager, directly comparable to MICO Management's HOA and residential association management services.
- Alliance Residential Company: Alliance Residential is a national multifamily property management and development firm, directly comparable to MIMC's multifamily housing management business.
- Camden Property Trust: Camden Property Trust is a multifamily REIT that internally manages apartment communities, directly comparable to MIMC's multifamily housing property management focus.
- Associa: Associa is one of the largest community association management companies in the U.S., directly comparable to the association management side of MICO's offering.
Others
- RealPage: RealPage provides property management software and services to the multifamily industry, an adjacent enabler that increasingly competes with or replaces traditional managers lacking digital platforms.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
The Gershen Group social profiles
Digital presenceThe Gershen Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Gershen Group leadership team
Management profileNumber of profiles
Profiles2 records
The Gershen Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Gershen Group 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 The Gershen Group
What does The Gershen Group do?
The Gershen Group is an umbrella organization that provides property management services through two related companies: Moderate Income Management Company, Inc. (MIMC), which manages multifamily housing, and MICO Management, which handles association, commercial, and retail property management. Services include professional day-to-day operations, tenant relations, and maintenance coordination for property owners.
When was The Gershen Group founded?
The Gershen Group was founded in 1959. It employs 1 to 10 people.
Where is The Gershen Group based?
The Gershen Group is headquartered in Princeton, United States, in the North America region.
Who are The Gershen Group's main competitors?
Broad incumbents on record are Greystar Real Estate Partners, CBRE Group, Lincoln Property Company, Cushman & Wakefield and JLL (Jones Lang LaSalle). Direct peers are FirstService Residential, Alliance Residential Company, Camden Property Trust and Associa. RealPage is listed as an others.
Does The Gershen Group have an API?
No public API is recorded for The Gershen Group.
What industry is The Gershen Group in?
The Gershen Group's product category is Property Management Services. Its primary akta.pro industry code is BPAJAGAE, Mixed-Use Property Management, with a secondary code of BPAJAHAF, Mixed-Use Community Association Management. Its NAICS code is 53131 and its SIC code is 6531.