What Blackstone Management, LLC does

Blackstone Management, LLC is a privately held, full-service real estate management firm founded in 2007 and headquartered in Waldorf, Maryland. The company manages residential, commercial, multi-family, retail, and community association (HOA/condo) properties across the Maryland, Virginia, and Washington, D.C. metropolitan region, with stated scale metrics of 1.7 million square feet under management, $62 million in current assets under management, and $253 million in cumulative transaction value. Its client base spans homeowner and condominium associations, multi-family and single-family residential property owners, commercial real estate investors, and retail property owners, with stated expansion interest into North and South Carolina.

The company's offering is structured as a platform-plus-modules architecture built around proprietary in-house technology. The core platform consists of five property management service lines (association, commercial, multi-family, residential, and retail management). Layered on top is a proprietary technology suite including the My Blackstone web portal, iOS/Android mobile applications, Board Member Virtual Desk for virtual meetings and voting, Blackstone Connect for community collaboration, a Visa-powered Charge Card program for board expense management, and dedicated vendor, legal, and parking portals. Key integrations include DocuSign for e-signatures, Zelle and ACH for payments, Pebble Parking for parking enforcement, and Bank of America for security deposit custody.

The business model is primarily managed-services revenue through management fees structured as a percentage of property value or flat per-unit fees across the five property verticals. Supplemental revenue streams include vendor advertising subscriptions ($38-$250/month tiers), transactional administrative fees (resale packages, payment plans, NSF fees, event bookings), and income from its investment and acquisitions arm. Go-to-market is sales-led, with field sales targeting HOA boards and commercial investors, inside sales handling inbound quote requests, and a self-service online portal for existing customers. Distribution is concentrated in the DMV region, with regional offices in Waldorf, Washington D.C., and Arlington, VA.

Name

Blackstone Management, LLC

Legal name

Blackstone Management, LLC

Website

https://blackstoneam.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Blackstone Management is a privately held, full-service real estate management firm founded in 2007 that manages HOA, commercial, multi-family, residential, and retail properties across Maryland, Virginia, and Washington, D.C. via a proprietary technology platform.

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Residential Property Managers (531311), Nonresidential Property Managers (531312), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Association Compliance, Governance & Board Support Services (BPAJAHAN)

akta.pro secondary industry

Mixed-Use Property Management (BPAJAGAE)

Keywords

• Property management services
• HOA management
• Community association management
• Commercial real estate management
• Residential property management

Headquarters

HQ city

Waldorf

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. HOA/Association Management Services: Full-service property management for homeowner associations including day-to-day operations, financial management, maintenance coordination, and administrative services. Revenue generated through management fees typically structured as a percentage of the property value or a flat fee per unit.
2. Commercial Property Management: Professional management services for commercial properties including operations, accounting, leasing, and asset management. Revenue generated through management fees for office, retail, and industrial properties.
3. Multi-Family Residential Management: Management of apartment communities including tenant screening, lease execution, rent collection, maintenance, and financial reporting. Revenue generated through management fees and potentially mark-up on maintenance services.
4. Residential Property Management: Single-family residential property management including marketing, tenant placement, rent collection, and maintenance coordination for property owners.
5. Retail Property Management: Management services for retail properties including shopping centers, strip malls, and retail units.
6. Vendor Advertising and Listings: Revenue from vendor advertising on the platform with listing options at $38/month and sponsored full-page advertisements at $250/month with a 6-month commitment.
7. Administrative Fees: Various administrative fees including resale package fees, letter of good standing fees ($25 per association), payment plan processing fees ($50 online, $75 in-person), and returned payment fees ($35).
8. Investment and Acquisitions: The company also makes direct real estate investments and seeks partnerships or acquisitions of other community association management companies, with stated current AUM of $62 million.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Blackstone Management is a full-service real estate management firm that manages residential, commercial, and community association (HOA/condo) properties across Maryland, Virginia, and Washington, D.C. Its core offering comprises five property management service lines—Association, Commercial, Multi-Family, Residential, and Retail—delivered alongside a proprietary technology platform (My Blackstone portal, mobile app, Board Member Virtual Desk, Blackstone Connect, and a Visa-partnered charge card) that provides transparency, online payments, maintenance requests, violation reporting, virtual board meetings, and amenity booking. The firm also pursues direct real estate investment and acquisition partnerships in its target markets.

Product overview

Blackstone Management, LLC is a full-service real estate management firm operating since 2007, managing residential, commercial, and community association (HOA) properties across Maryland, Virginia, and Washington, D.C. The company's offering is a platform-plus-modules architecture built around proprietary technology. The core platform consists of management services for associations (HOA Management), commercial properties, multi-family residential, retail, and single-family residential properties. This is augmented by an integrated suite of technology tools including My Blackstone (owner/tenant portal), the Blackstone Management Mobile App (iOS/Android), Board Member Virtual Desk, Blackstone Connect, and the Blackstone Management Charge Card (Visa-powered). Additional modules include amenities/booking management, parking programs, pool registration, financial reporting, remote management options, FHA/VA approval services, vendor management, lease services, and investment management. The technology platform provides transparency, online payments, maintenance requests, violation reporting, virtual meetings, and community communication tools.

Differentiator

Problem solved

Functional benefit

Brands

• My Blackstone: Exclusive online portal and mobile application for property owners, renters, and board members to manage accounts, make payments, submit requests, and access community features.
• Blackstone Connect
• Blackstone Management App
• Blackstone Management Charge Card

Products and services

• Association Management Full-service HOA and condominium association management covering day-to-day operations, communications, property needs, vendor partnerships, accounting, maintenance coordination, community newsletters, and community websites. Designed for HOA boards, condo associations, and planned unit developments across MD/VA/DC.
• Commercial Management Quality-driven commercial property management coordinating operations, maintenance, accounting, leasing, and asset management for office, retail, and light industrial properties. Targeted at commercial property owners and investors in MD/VA/DC.
• Multi-Family Management Apartment community management with experienced teams, aggressive marketing, full tenant screening, lease execution, 24/7 maintenance, and financial reporting designed to increase cash flow and ROI. Targeted at investors and owners of apartment communities in MD/VA/DC.
• Residential Management Comprehensive single-family residential property management including marketing, tenant screening, routine inspections, online accounting, maintenance coordination, rent collection, and eviction services. Targeted at individual property investors and homeowners with single-family rentals in MD/VA/DC.
• Retail Management Retail property management adapting to changing shopper and tenant needs, enhancing tenant mix, boosting property performance, and maximizing retail asset potential. Targeted at owners of shopping centers, strip malls, retail malls, and outlet centers.
• Remote Management Hybrid management service allowing board members to self-manage with professional support including covenant enforcement, contract review, reserve analysis, legal services, and full technology access through the My Blackstone platform. Targeted at HOAs that want a lighter-touch professional management relationship.
• Investment Management Real estate investment services acquiring residential, commercial, and light industrial properties in Maryland, Virginia, and D.C. markets. Includes partnership and acquisition pursuits of other community association management companies, with $62 million in current AUM.

Quantifiable outcome

• Over 1.7 million square feet managed
• +3 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature8 records

Partnerships

Two partnerships are on record, tiered core and minor.

• VisacoreTechnology or IntegrationBlackstone Management partnered with Visa to develop the Blackstone Management Charge Card program. This solution provides physical and digital charge cards for board members and volunteer committee members to manage community finances. The partnership enables transparent expense tracking, receipt management, and streamlined reimbursement processes for HOA communities.
• Dun & BradstreetminorOthersBlackstone Management requires vendors to have a Dun & Bradstreet number (D-U-N-S Number) as part of the vendor registration process for credit insights and business verification purposes.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cardinal Management Group: Mid-Atlantic community association and HOA management firm headquartered in the greater DC region, offering a comparable mix of association management, financial services, and board support to Blackstone's HOA clients.
• Associa: Largest US community association management firm, serving HOAs, condominium associations, and planned communities across multiple states with a comparable full-service HOA management offering and proprietary technology platforms.
• CAMS (Community Association Management Services): Community association management company providing HOA and condominium management with a tech-enabled owner portal; overlaps directly with Blackstone's association management product line.
• RealManage: Community association and property management firm with proprietary technology platforms serving HOAs and condominiums across multiple US regions; comparable integrated technology-plus-service model to Blackstone.
• Towne Properties: Regional community association and condominium management firm serving HOAs and condo boards in the Mid-Atlantic/Ohio Valley with similar full-service management, financial reporting, and board support offerings.
• Legum & Norman: DC-metro real estate firm offering HOA, condominium, and property management services with a regional footprint that overlaps directly with Blackstone's Maryland/Virginia/DC service area.

Broad incumbents

• FirstService Residential: National residential property and HOA management division of FirstService Corporation; directly competes in association management with deep technology infrastructure and broader geographic scale than Blackstone.
• Greystar: Global leader in rental property management with significant multi-family and student housing exposure; overlaps with Blackstone's multi-family residential management segment at greater scale.

Regional players

• The Management Group (DMV): DC-area community association and condominium management firm serving HOAs, condos, and cooperative boards; directly comparable regional peer for Blackstone's HOA/condo management segment.
• K3 Companies: Mid-Atlantic property management and construction services firm providing residential, commercial, and association management; comparable regional footprint to Blackstone with similar multi-vertical property services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/blackstonemgt
• YouTubeyoutube.com/user/BlackstoneLLC/featured
• Facebookfacebook.com/blackstonemanagement
• LinkedInlinkedin.com/company/blackstone-management-llc

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 Blackstone Management, LLC