LIVEbe Communities

What LIVEbe Communities does

LIVEbe Communities is the multifamily residential division of Berman Enterprises LP, a third-generation family-owned real estate company founded in 1952 and headquartered in Rockville, Maryland. Established in 2016 to bring residential asset management in-house, LIVEbe operates approximately five apartment and townhome communities across Maryland totaling roughly 1,300+ units: 2Hopkins (183 luxury high-rise units, Baltimore), Glen Oaks (463 units, Greenbelt), The Remy (278 units plus 200+ Phase II, Lanham), The Bowen (LEED Silver luxury, Bowie), and the newly acquired The Current at Watershed (97 build-to-rent townhomes, Laurel, December 2024).

The operating model centers on premium residential rental housing, with monthly rents ranging from approximately $1,224 for studios at 2Hopkins to over $2,500 for larger units, supplemented by pet fees ($300-$400 non-refundable plus $25-$50/month), parking, storage, and concierge services. Technology infrastructure is conventional for the multifamily sector: third-party Resident Portals for rent payment and maintenance requests, Smiota refrigerated and dry package lockers (the first apartment deployment on the East Coast), and select smart-home features such as keyless entry; there is no disclosed proprietary technology platform or AI capability. The company runs a B2B2C Preferred Employer Program with 80+ Maryland/DC employers including Amazon, Johns Hopkins Health System, Under Armour, and NASA Goddard, offering employees a 5% rent discount and deposit waivers as a referral channel for individual leases.

Revenue is generated primarily through monthly apartment rental income on parent-owned assets, with property management services performed in-house for Berman Enterprises' portfolio. The company differentiates through a "community-first" operating philosophy — employees are branded "Ambassadors," residents as "Members," and curated resident events form the core cultural identity — which has translated into consecutive SatisFacts Resident Satisfaction scores above 4.3, epIQ Top 100 Property Management Company ranking (#23 in 1-9 properties, 2024), and multiple PMA PACE and ULI Excellence awards. Leadership comprises multifamily industry veterans Elaine De Lude (VP, past PMA President) and Jennifer Rucker (VP of Operations, PMA 2024 Capital Achievement Award recipient), with no external institutional capital or venture funding disclosed.

Name

LIVEbe Communities

Legal name

LIVEbe Communities

Website

https://livebe.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

LIVEbe Communities is the multifamily residential division of family-owned Berman Enterprises, managing approximately five premium apartment and townhome communities totaling roughly 1,300+ units across Maryland, with revenue driven by monthly rentals and in-house property management.

Ownership category

akta.pro rank

Headquarters

HQ city

Rockville

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Apartment Rental Revenue: LIVEbe Communities generates primary revenue through monthly apartment rentals across its five managed communities (2Hopkins, Glen Oaks, The Remy, The Bowen, The Current at Watershed). Residents pay monthly rent based on unit type and lease term. Standard lease terms are 12 months with flexibility for 6-27 month terms. The company also collects security deposits and various fees including pet fees, parking fees, and storage fees.
2. Property Management Services: As the multifamily division of Berman Enterprises, LIVEbe manages residential properties owned by the parent company and likely earns management fees for these services.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels13 records

Core offering

LIVEbe Communities owns, develops, and manages premium residential apartment and townhome communities across Maryland. The company leases over 1,300 units across five properties (2Hopkins, Glen Oaks, The Remy, The Bowen, and The Current at Watershed), offering studio to 3-bedroom homes with resort-style amenities, concierge services, smart-home features, and curated resident events. Revenue is generated through monthly rental income, pet and ancillary fees, and management services for its parent company Berman Enterprises.

Product overview

LIVEbe Communities is the multifamily residential division of Berman Enterprises, founded in 2016 and headquartered in Rockville, MD. The company manages five apartment and townhome communities across Maryland (2Hopkins in Baltimore, Glen Oaks in Greenbelt, The Remy in Lanham, The Bowen in Bowie, and The Current at Watershed in Laurel). LIVEbe's portfolio spans from luxury high-rise apartments to suburban garden-style communities and build-to-rent townhomes, totaling over 1,300 units. The company differentiates through its 'connected community' philosophy, employee ambassadors, resident member culture, signature concierge services, and a Preferred Employer discount program. LIVEbe operates as a unified property management platform rather than a modular SaaS product.

Differentiator

Problem solved

Functional benefit

Products and services

• 2Hopkins A 183-unit luxury high-rise apartment community at 2 Hopkins Plaza in Downtown Baltimore, MD. Offers studio to 2-bedroom homes with floor-to-ceiling windows, quartz countertops, stainless-steel appliances, in-unit washers/dryers, 21st-floor resident lounge, fitness center, pet spa, EV charging, Smiota refrigerated package lockers, and rooftop social space. Targeted at premium urban renters seeking downtown Baltimore living.
• Glen Oaks A 463-unit apartment community at 7509 Mandan Road in Greenbelt, MD, offering pet-friendly homes with utilities included. Features include swimming pool, tennis courts, volleyball court, fitness trails, playground, resident clubroom, and nature trails. Targeted at suburban renters in the Washington DC metro area.
• The Remy A 278-unit midrise apartment community (with Phase II adding 200+ units) at 7730 Harkins Road in Lanham, MD (Harkins District). Features quartz countertops, stainless-steel appliances, rooftop lounge, hydrotherapeutic saltwater pool, outdoor grills, fitness center with yoga studio, game room, movie-screening room, pet park/spa, and telecommuting spaces. Targeted at premium suburban renters near New Carrollton Station.
• The Bowen A LEED Silver-certified gated luxury apartment community at 14909 Health Center Drive in Bowie, MD, less than a mile from Bowie Town Center. Features 1-, 2-, and 3-bedroom homes, clubroom with fireplace, resort-style pool, fitness center, yoga studio, library, game room, movie theater, EV charging, and electronic-access covered parking. Targeted at premium suburban renters in the Bowie area.
• The Current at Watershed A 97-unit townhome community at 3101 Runnel Lane in Laurel, MD (Anne Arundel County), adjacent to Patuxent Wildlife Refuge. Build-to-rent community featuring townhomes with garages and private backyards, clubhouse, fitness center, work-from-home spaces, dog park, mountain bike park, nature trails, soccer field, and pickleball court. Targeted at families and professionals seeking townhome-style suburban rentals.
• LIVEbe Signature Resident Services Concierge and lifestyle services offered across all LIVEbe communities, including house cleaning, car detailing, dry cleaning, moving services, pet services (with pet ambassador approval), hotel-style concierge, package delivery lockers, grocery delivery, spa reservations, personal trainer, and custom resident events hosting. Targeted at residents seeking hotel-style service and convenience in their apartment living.
• Preferred Employer Program An employer-sponsored housing benefit program offering eligible employees of 80+ partner companies (including Amazon, Johns Hopkins Health System, T. Rowe Price, Under Armour, NASA Goddard, and government agencies) reduced rent, no-deposit options, and a 5% rent discount. Functions as a B2B2C referral channel for resident acquisition while providing a talent attraction/retention benefit to partner employers.

Quantifiable outcome

• SatisFacts Resident Satisfaction scores consistently above 4.0 out of 5.0 across all communities for multiple consecutive years
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Smiota, Inc.coreTechnology or Integration · 22 August 2017Smiota is a Silicon Valley-based technology company providing cloud-based locker operating systems and package management solutions. LIVEbe partnered with Smiota to implement refrigerated and dry package lockers at 2Hopkins, the first apartment community on the East Coast to feature Smiota PoD refrigerated lockers. The lockers allow residents round-the-clock access to food deliveries via smartphone app.
• Baltimore Chapter of Rebuild TogetherminorOthers · 21 July 2017Community partnership with Rebuild Together Baltimore, a nonprofit focused on housing and community development. LIVEbe donated to the organization as part of its 'Beauty in Baltimore' photo contest initiative, matching prize money with a charitable contribution.
• Preferred Employer Program Partners (80+ employers)coreGTM or Marketing PartnerLIVEbe maintains a Preferred Employer Program with over 80 employer partners including Amazon, Johns Hopkins Health System, Under Armour, NASA Goddard, Northrop Grumman, government agencies, and major corporations. These employers offer LIVEbe housing discounts as an employee benefit, including 5% rent discounts and reduced/no deposit requirements.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Greystar Real Estate Partners: World's largest multifamily property manager with ~800k+ units under management globally. Represents the institutional scale benchmark against which smaller regional operators like LIVEbe are measured.
• Mid-America Apartment Communities: Public multifamily REIT focused on Sunbelt Class A garden-style apartments. Comparable in residential-only focus and premium amenity strategy, but geographically complementary rather than overlapping.
• Camden Property Trust: Public multifamily REIT operating Class A garden-style and mid-rise communities. Comparable in resident-experience differentiation and amenity-led positioning, though at materially larger scale.
• Equity Residential: Public multifamily REIT focused on urban Class A apartments in gateway markets. Comparable premium urban high-rise positioning to 2Hopkins, though operates at institutional scale.
• AvalonBay Communities: Public multifamily REIT with significant Mid-Atlantic exposure including Maryland. Comparable in product type (Class A garden and mid-rise apartments) and premium positioning, though at vastly greater scale.

Direct peers

• Bell Partners: National multifamily investment and management company operating across the East Coast and Sunbelt. Comparable business model combining third-party management with owned portfolios, similar mid-market positioning.
• BH Management Services: Large multifamily property manager with ~165k+ units under management. Comparable as a third-party management-focused operator serving institutional and private owners across diverse markets.
• WinnCompanies: National multifamily development and management company with East Coast concentration. Comparable in combining fee-based management with owned assets and serving a range of price points.
• Lincoln Property Company: Diversified real estate services firm with a sizable multifamily management platform. Comparable in offering third-party management, development, and investment services across regional markets.
• Bozzuto Group: Maryland-headquartered multifamily developer, owner, and manager with a strong Mid-Atlantic portfolio. Closest comparable to LIVEbe in terms of regional focus, premium positioning, and integration of development, ownership, and management under one platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LIVEbe_Berman
• YouTubeyoutube.com/channel/UCL6vcwiag8cDmPGGliOWT3Q
• Facebookfacebook.com/LIVEbeCommunities
• LinkedInlinkedin.com/company/livebe
• Instagraminstagram.com/livebe_communities

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 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 LIVEbe Communities