What Advanced Property Services does

Advanced Property Services Management, Inc. (APSM) is a privately held, full-service property management company founded in 1974 and headquartered at 14211 Yorba Street, Suite 102, Tustin, California. The company specializes in the day-to-day management of multi-family and senior residential apartment communities regulated under federal and state affordable housing programs, principally HOME, Bond, and the Low-Income Housing Tax Credit (LIHTC). APSM manages a portfolio of more than 40 named properties spread across at least 12 Southern California cities, including Santa Ana, Orange, Irvine, Carlsbad, Corona, Fullerton, Huntington Beach, San Marcos, Rancho Cucamonga, Yorba Linda, Lake Forest, San Juan Capistrano, Lake Elsinore, Paso Robles, and Camarillo.

The portfolio is split across three primary resident types: low-income families, seniors (55+ and 62+ communities), and workforce housing tenants, with a dedicated veterans-priority channel at certain properties. Unit mix ranges from studios through four-bedroom apartments, with community sizes typically ranging from 16 to 256 units (the 256-unit Courtyard in Orange is the largest). Rents are set below market rate in accordance with HOME, Bond, and LIHTC program caps, with tenant qualification requiring income at least twice the rent and compliance with household-size occupancy standards. The company accepts Section 8 housing vouchers and runs waitlists that are selectively open, closed, or veterans-only. No proprietary technology platform or digital product offering is identified in available sources; operations rely on on-site property managers, a central leasing office, and a property-based website (apsmanagement.biz).

Revenue mechanics are tied to residential rental income streams regulated by affordable housing program rules. APSM functions as the property manager, suggesting fee-based revenue from property owners (likely affiliates given the c-cdev.com email domain), though the company does not disclose unit economics, fee structures, headcount, or total revenue. Its go-to-market is direct, sales-led leasing through on-site offices and the Tustin headquarters, with no external marketing channels beyond a content/listing website. The company's primary differentiator is 50-plus years of regulatory expertise, geographic density in Southern California, and a stated reputation for responsive, strict property management.

Name

Advanced Property Services

Legal name

Advanced Property Services Management, Inc.

Website

https://apsmanagement.biz

Company type

Private

Founded year

1974

Operating status

Operating

Short description

Advanced Property Services Management (APSM) is a Tustin, California-based affordable housing property manager founded in 1974, overseeing 40+ multi-family and senior apartment communities across Southern California under HOME, Bond, and LIHTC program regulations. It serves low-income families, seniors, workforce households, and veterans through below-market rental units with waitlist-based leasing.

Ownership category

akta.pro rank

Product category

Affordable Housing Property Management

NAICS

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

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Affordable & Public Housing Asset Management (BPAJAMAI), Multifamily Apartment Property Management (BPAJAFAA), Senior & Assisted Living Residential Property Management (BPAJAFAE)

Keywords

• Affordable housing management
• Multi-family property management
• Senior housing services
• LIHTC property management
• Rental housing services

Headquarters

HQ city

Tustin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential Rental Income: Revenue generated from rental payments by tenants in affordable housing properties. Rents are set below market rate and regulated by government programs including HOME, Bond, and LIHTC. Tenants must meet income and occupancy requirements. The company does not subsidize rental payments but offers below-market rents through affordable housing program regulations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Advanced Property Services Management, Inc. (APSM) is a full-service property management company specializing in the day-to-day operation of multi-family and senior residential apartment communities in Southern California. The company manages a portfolio of 40+ properties regulated under HOME, Bond, and LIHTC affordable housing programs, offering income-qualified tenants below-market rental units ranging from studios to four-bedroom apartments. Services include on-site leasing, waitlist administration, application and income verification, Section 8 voucher acceptance, and resident management.

Product overview

Advanced Property Services Management Inc. (APSM) is a full-service property management company that has been operating since 1974, specializing in the day-to-day management of multi-family and senior residential apartments with expertise in affordable housing. The company manages a portfolio of over 40 named properties across Southern California, including both family and senior communities, offering various unit types from studios to 4-bedroom apartments. The properties are regulated by programs such as HOME, Bond, and LIHTC (Low Income Housing Tax Credits). The portfolio includes senior-specific communities (55+ and 62+), family apartments, workforce housing, and veterans-preferred properties across cities including Camarillo, Carlsbad, Corona, Fullerton, Huntington Beach, Irvine, Lake Forest, Lake Elsinore, Orange, Paso Robles, Rancho Cucamonga, San Juan Capistrano, San Marcos, Santa Ana, and Yorba Linda.

Differentiator

Problem solved

Functional benefit

Products and services

• Cartwright Family Apartments 60-unit family apartment community in the Irvine Business Complex area with contemporary architecture, featuring a community room with kitchen, computer room, laundry room, tot lot, leasing office, BBQ pavilion, and open space.
• The Knolls Apartments Multi-bedroom apartment community offering 2, 3 & 4 bedroom units located in San Marcos, CA.
• Villa Pacifica I Affordable Senior (55 Years +) community in Rancho Cucamonga offering 1 & 2 bedroom units.
• Villa Pacifica II Affordable Senior (62 Years +) community in Rancho Cucamonga featuring 60 one & two bedroom apartments (697-954 sq ft), elevator service, community room, and outdoor amenities. All units are leased.
• Meadows Seniors Apartments 65-unit two-story California contemporary style residential community with elevator service for seniors in Lake Forest.
• Pacific Wind 89-unit family apartment community in Carlsbad featuring California coastal contemporary architecture with community room, teaching kitchen, children's learning area, and multiple play areas.
• Garnsey, Santa Ana 26-unit family apartment community in Santa Ana offering 2-bedroom units.
• Valencia Garden 62-unit family apartment community in Orange with 2-3 bedroom units featuring contemporary Mission Revival style architecture.
• The Groves Senior Apartments 75-unit three-story affordable living apartment community for active residents 62 years and older in San Juan Capistrano.
• El Dorado Apartments Affordable workforce housing community in San Marcos, CA.
• Altrudy Lane Seniors Affordable workforce housing in Yorba Linda for residents 62 years and older.
• Adagio – Camarillo, CA 60-unit apartment community in Camarillo offering 1, 2 & 3 bedroom units.
• Parkview – San Marcos, CA Apartment community in San Marcos offering 1, 2 & 3 bedroom units.
• Citrus Circle – Corona, CA 61-unit apartment community in Corona offering 1, 2 & 3 bedroom units.
• Buena Vista – Orange, CA 17-unit apartment community in Orange offering 2 & 3 bedroom units.
• Lemon Grove – Orange, CA 82-unit apartment community in Orange offering 2 & 3 bedroom units.
• Chestnut Place 62+ – Orange, CA 50-unit gated community for 62+ seniors in Orange with 1 and 2 bedroom units, elevator, and central AC.
• Townsend and Raitt – Santa Ana, CA Apartment community in Santa Ana with multiple addresses on Townsend and Raitt streets.
• Casa Ramon 75-unit apartment community in Orange with 1, 2 & 3 bedroom units across 5 buildings.
• Orange Garden – Orange, CA 24-unit apartment community in Orange.
• Plaza Garden – Orange, CA 56-unit apartment community in Orange.
• Courtyard – Orange, CA 256-unit property in Orange with 1 and 2 bedroom apartments, featuring three tot lots, barbecue and picnic area, and after-school program.
• Ross & Durant – Santa Ana, CA Apartment community in Santa Ana offering Studio, 1, 2 & 3 bedroom units.
• Sixth Street – Santa Ana, CA 1-bedroom apartment community in Santa Ana.
• Borchard – Santa Ana, CA 20-unit market rate community in Santa Ana featuring all 1-bedroom apartments.
• Santiago Villas 55+ – Santa Ana, CA 89-unit senior-oriented community in Santa Ana with Studios, 1 & 2 bedroom units, featuring community kitchen, computer area, fitness center, and craft/movie activities.
• Hoover – Orange, CA 40-unit community in Orange with 1 & 2 bedroom apartments and on-site laundry facilities.
• Roberta Apartments – Fullerton, CA 16-unit apartment community in Fullerton with 1 & 2 bedroom units.
• Cornerstone Village – Santa Ana, CA Apartment community in Santa Ana.
• Richman Court – Fullerton, CA 16-unit apartment community in Fullerton with 1 bedroom units.
• Lacy and Raitt – Santa Ana, CA Apartment community in Santa Ana.
• Terraces at Santiago – Santa Ana, CA Apartment community in Santa Ana with features including BBQ area, central air & heat, community room with computer lab, covered parking, dishwasher, gas stove, laundry facilities, and tot lot.
• Evergreen Villas 55+ – Yorba Linda, CA 41-unit senior community (55+) in Yorba Linda with 1 & 2 bedroom units.
• Meridian Apartments – Corona, CA 85-unit family community in Corona with one-bedroom (768 sf), two-bedroom (897 sf), and three-bedroom (1,101 sf) units, featuring pool, tot lot, and community amenities.
• Mission Trail Apartments – Lake Elsinore, CA 81-unit workforce family apartment community in Lake Elsinore on 5.37 acres, featuring club room, computer room, tot lot, BBQ pavilion, and laundry facilities.
• Parc Derian – Irvine, CA 79-unit construction affordable family apartment in Irvine Business Complex area, accepting applications for veterans only.
• The Depot at Santiago – Santa Ana, CA 70-unit apartment community in Santa Ana with 1, 2 & 3 bedroom units.
• Citrus Grove – Orange, CA 57-unit workforce apartment community in Orange with 2 & 3 bedroom units.
• Serrano Woods – Orange, CA 63-unit apartment community in Orange with 2 & 3 bedroom units.
• Andalucia – Santa Ana, CA 70-unit apartment community in Santa Ana with 3 bedroom units.
• Pacific Court – Huntington Beach, CA 48-unit apartment community in Huntington Beach with 2 bedroom units.
• Wilson St. – Orange, CA Four 10-unit buildings (40 units total) in Orange with 1 bedroom units.
• Wilshire Minnie – Santa Ana, CA Apartment community in Santa Ana with 1, 2, 3 & 4 bedroom units.
• Esplanade – Orange, CA Apartment community in Orange with 2 bedroom units.
• Garden Court – Santa Ana, CA 84-unit residential affordable apartment community in Santa Ana with 1 & 2 bedroom units.

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• LINC Housing: Long-standing California nonprofit developer and manager of affordable family, senior, and supportive housing throughout Southern California. Directly comparable to APSM in mission-driven affordable housing, mixed family/senior portfolios, and Southern California geographic focus.
• The John Stewart Company: California-based full-service property manager specializing in affordable, supportive, and workforce housing across more than 400 properties. Directly comparable to APSM in LIHTC/HOME expertise, multi-family and senior affordable portfolios, and West Coast geographic focus.
• Meta Housing Corporation: California-based developer and property manager of affordable and workforce rental housing, with significant portfolios of family and senior communities across Southern California. Comparable to APSM in affordable housing specialization and Southern California footprint.
• Mercy Housing California: Mission-driven nonprofit operator of affordable family, senior, and supportive rental housing throughout California with tens of thousands of units under management. Comparable to APSM in affordable housing specialization, mixed family/senior inventory, and California operating geography.
• Related California: Affordable and mixed-income housing division of Related Companies, managing thousands of affordable and workforce rental units across California. Comparable to APSM in affordable family and senior housing focus, LIHTC expertise, and on-site service delivery model.
• BRIDGE Housing: Nonprofit affordable housing developer and property manager operating a large portfolio of multifamily affordable and workforce rental communities across California, the Pacific Northwest, and beyond. Highly comparable to APSM in affordable housing specialization, family and senior communities, and California concentration.
• Affirmed Housing Group: California-based affordable housing developer and manager with a portfolio concentrated in family and senior LIHTC communities across Southern California. Closely comparable to APSM in affordable housing mission, LIHTC program focus, and regional operating model.

Broad incumbents

• WinnCompanies: One of the largest affordable and market-rate housing managers in the U.S., managing 100,000+ units nationally including substantial LIHTC and Section 8 portfolios. Broader and more diversified than APSM but directly overlapping on affordable housing management services.
• Greystar Real Estate Partners: Largest apartment property manager in the United States with operations spanning market-rate and, increasingly, affordable and build-to-rent housing. Comparable to APSM in multifamily property management delivery, though significantly larger and more diversified.

Regional players

• C&C Development: Southern California affordable housing developer whose leasing contact ([email protected]) is shared with APSM, indicating a closely aligned owner-developer relationship. Comparable as a regional counterpart producing the affordable inventory that APSM manages.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Advanced Property Services