Fogelman Properties

What Fogelman Properties does

Fogelman Properties is a fully-integrated multifamily real estate company founded in 1963 and headquartered in Memphis, Tennessee. The company operates two interrelated service lines: Investment Management, which identifies, acquires, and enhances apartment communities to generate returns for investor partners, and Property Management, which operates apartment communities on behalf of owner clients. Its portfolio spans 12 states across the Southeast, Southwest, and Midwest — Alabama, Arkansas, Florida, Georgia, Kansas, Kentucky, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, and Texas — serving thousands of residents, an unspecified base of owner clients, and a network of investment partners. Leadership is concentrated under CEO Rick Fogelman, consistent with a multi-generational family-founded ownership structure; no external institutional or private equity backing is disclosed in the source data.

The company's resident-facing brand, Fogelman Living, standardizes the apartment experience across the managed portfolio, offering amenities such as pools, fitness centers, pet parks, and resident events. Operational technology is limited to a Resident Portal and mobile app for rent payment, maintenance requests, and 24/7 service access, plus a Community Rewards Program that allows residents to earn points for offers and discounts. No proprietary technology platforms, AI/ML capabilities, API products, or third-party system integrations are disclosed. Certifications and compliance are confined to digital accessibility (WCAG 2.1 AA), privacy (GDPR, CCPA), and Fair Housing compliance — there is no SOC 2, ISO, or other operational certification on record.

Fogelman's revenue is derived from property management fees on owned and third-party-managed apartment communities, supplemented by investment returns generated through the acquisition, enhancement, and operation of multifamily assets. Pricing for both service lines is not publicly disclosed. The go-to-market motion is direct and relationship-driven, targeting property owners and qualified investors through the corporate website, LinkedIn, Facebook, and Instagram channels. Revenue figures, funding history, M&A activity, and external capital events are not publicly disclosed; the company is a privately held LLC domiciled in Tennessee.

Name

Fogelman Properties

Legal name

Fogelman Properties, LLC

Website

https://fogelman.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Fogelman Properties is a family-founded multifamily real estate firm established in 1963 in Memphis, Tennessee. It invests in and manages apartment communities across 12 U.S. states, serving residents, property owners, and investment partners via its Fogelman Living brand.

Ownership category

akta.pro rank

Product category

Multifamily Property Management and Investment

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Multifamily property management
• Multifamily investment management
• Apartment community management
• Multifamily real estate investment
• Apartment leasing services

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Fogelman earns fees by managing and enhancing apartment communities on behalf of owner clients. As one of the nation's leaders in multifamily property management, they handle all aspects of property operations including leasing, maintenance, resident services, and property administration.
2. Investment Management: Fogelman generates returns through their expertise in identifying, acquiring, and enhancing multifamily communities. They build durable returns and long-term investor relationships through their collaborative approach to multifamily investments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Fogelman Properties is a fully-integrated multifamily real estate company that invests in and manages apartment communities across 12 U.S. states. Its core offerings are Investment Management (identifying, acquiring, and enhancing multifamily communities on behalf of investment partners) and Property Management (leasing, maintenance, resident services, and operational administration for owner clients). The company's resident-facing brand, Fogelman Living, delivers apartment homes with amenities such as pools, fitness centers, pet parks, and resident events.

Product overview

Fogelman Properties is a fully-integrated multifamily real estate company offering two core services: Investment Management (acquiring and enhancing multifamily communities for investor returns) and Property Management (managing apartment communities on behalf of owners). The company's flagship brand is Fogelman Living, which encompasses all managed apartment properties across 12 states featuring amenities like pools, fitness centers, and pet parks. Additional digital products include a Resident Portal/Mobile App for rent payments and maintenance requests, and a Community Rewards Program for resident engagement.

Differentiator

Problem solved

Functional benefit

Brands

• Fogelman Living: A branded living experience representing the company's standard of quality apartment homes and amenities across their communities.

Products and services

• Fogelman Living Fogelman Living is the resident-facing brand encompassing all Fogelman-managed apartment communities, offering apartment homes with amenities including pools, fitness centers, pet parks, and resident events across 12 states.
• Investment Management Multifamily investment services focused on identifying, acquiring, and enhancing apartment communities to build durable returns and long-term investor relationships for investment partners.
• Property Management Comprehensive property management services for apartment communities on behalf of owner clients, including leasing, maintenance, resident services, and property operations across the company's portfolio.
• Resident Portal and Mobile App Digital platform enabling residents of Fogelman-managed communities to pay rent online, submit maintenance requests, and access resident services 24/7 through a mobile app and online portal.
• Community Rewards Program Resident engagement program allowing residents of Fogelman-managed communities to earn points redeemable for offers and discounts at participating communities.

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• RangeWater Real Estate: Privately held multifamily investment, development, and property management firm with a heavy Sun Belt focus. Direct competitor in many of the same Southeast and Texas submarkets where Fogelman operates, with a similar vertically integrated owner/operator model.
• Bell Partners: Privately held multifamily investment and property management firm operating ~80,000 units across the U.S. Closely comparable fully-integrated model and mid-to-large private operator positioning, with similar enterprise field-sales motion targeting owner clients and institutional investors.
• Bozzuto Group: Privately held residential property manager, developer, and homebuilder with a portfolio of ~80,000 managed units concentrated in the Northeast and Mid-Atlantic. Comparable fully-integrated operating model and similar mid-tier private status, though with a different regional footprint.
• Willow Bridge Property Company: Privately held national multifamily property management firm managing ~200,000 units across 30+ states. Comparable third-party management focus and similar relationship-driven enterprise sales motion, with broader geographic reach than Fogelman.
• Pegasus Residential: Privately held, Atlanta-based multifamily property management firm with a similar Sun Belt focus and similar fully-integrated third-party management model. Closely comparable size and market overlap with Fogelman's portfolio.

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. multifamily property manager and investment firm (~80,000+ units managed for third parties plus a $60B+ investment platform). Closest direct functional peer to Fogelman's combined investment + management model, but at dramatically larger scale and with global institutional capital backing.
• MAA (Mid-America Apartment Communities): Largest U.S. apartment REIT (~100,000+ units) with a strong Sun Belt concentration. Comparable in asset class and many overlapping markets (TN, TX, FL, GA, NC), but operates as a public REIT on the asset side rather than a private operator-investor.
• Lincoln Property Company: One of the largest diversified real estate service firms in the U.S., with a sizable residential/multifamily management arm. Comparable in multifamily management services, though operates as part of a much broader commercial real estate platform.
• Camden Property Trust: Public multifamily REIT with ~60,000 owned/managed units across 15 states, with material Sun Belt exposure. Direct comparability to Fogelman's markets, but public REIT capital structure and fully owned (not third-party managed) portfolio differentiate it.

Others

• Cushman & Wakefield (Multifamily): Global commercial real estate services firm that also provides third-party multifamily property management and investment sales. Adjacent competitor in the management services layer, but commercial real estate brokerage dominates its mix.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FogelmanProp
• Facebookfacebook.com/FogelmanProperties
• LinkedInlinkedin.com/company/fogelman-properties
• Instagraminstagram.com/FogelmanProperties

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Fogelman Properties