Houlihan Parnes Properties

What Houlihan Parnes Properties does

Houlihan Parnes Properties is a full-service real estate firm headquartered at 4 West Red Oak Lane, Suite 200, White Plains, NY, operating as a subsidiary of Houlihan-Parnes Realtors, LLC — a privately held entity established in 1899 with over 125 years of continuous operations. The company provides property and asset management, construction management, sales and mortgage brokerage, back office operations, and real estate consulting, serving property owners, HOA and condominium associations, and investors across the greater New York metropolitan area, including Westchester County, New York City, Brooklyn, Queens, The Bronx, and Connecticut. Its managed portfolio encompasses 2,000+ residential units and over 375,000 square feet of commercial and retail space distributed across co-op, condominium, multi-family, retail, office, and mixed-use properties.

The company operates four core revenue streams: recurring managed-services fees for property and asset management, transaction-based commissions for sales and leasing brokerage, professional-service fees for construction project management (covering capital improvements, boilers, façade repair, roof replacements, electrical upgrades, and new construction), and private lending origination fees through a private loan platform that has closed over $200,000,000 in loans since inception with closings achievable in under one week. Conventional mortgage brokerage is offered alongside the private lending product. The operational technology stack is built on AppFolio, a third-party SaaS platform used for tenant and homeowner online payments and portal access. There is no proprietary AI, API, or SDK layer; technology functions as an operational back-office enabler rather than a differentiator.

The business is family-controlled, currently led by Managing Partner James K. Coleman and Partner James J. Houlihan, with Jeremiah A. Houlihan representing the fourth generation of the Houlihan family in real estate. Go-to-market is direct enterprise field sales through licensed real estate agents and brokers, supplemented by LoopNet listings and a regional website (hprealestate.com). Customer segments are diversified across residential property owners, co-op/condo associations, commercial property owners, and lending borrowers, with no single anchor customer disclosed and a long-tail relationship model. BBB accreditation, Fair Housing certification, and 125+ years of brand history constitute the primary intangible assets supporting customer trust in a relationship-driven industry.

Name

Houlihan Parnes Properties

Legal name

Houlihan Parnes Realtors, LLC

Website

https://hprealestate.com

Company type

Private

Founded year

1899

Operating status

Operating

Headcount range

11–50 employees

Short description

Houlihan Parnes Properties is a White Plains-based, full-service real estate firm serving property owners, HOA/condo associations, and investors across the New York metro area. A subsidiary of the 125-year-old Houlihan-Parnes Realtors, LLC, it manages 2,000+ residential units and 375,000+ SF of commercial space, and offers construction management, sales brokerage, and private lending.

Ownership category

akta.pro rank

Product category

Real Estate Property Management

NAICS

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

SIC

Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

HOA / Condominium Association Management (BPAJAFAH)

akta.pro secondary industries

Homeowners Association (HOA) Management (BPAJAHAB), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Property management services
• Construction management
• Real estate brokerage
• Mortgage lending
• Asset management

Headquarters

HQ city

White Plains

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Full-service property management for residential (co-ops, condos, apartments), commercial (retail, office buildings), and mixed-use properties. Generates recurring management fees from property owners and HOA boards.
2. Mortgage Lending: Private lending and conventional mortgage brokerage. Has closed over $200,000,000 in loans. Provides financing for acquisitions, refinances, construction, and non-performing debt purchases.
3. Sales and Mortgage Brokerage: Brokerage services for property sales and leasing transactions, generating commission-based revenue.
4. Construction Management: Construction project management services for capital improvements including boilers, renovations, electrical upgrades, and new construction.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Houlihan Parnes Properties is a full-service real estate company providing property and asset management, construction management, sales and mortgage brokerage, private lending, back office operations, and real estate consulting. It specializes in managing co-ops, condos, residential, retail, and mixed-use properties throughout the greater New York metropolitan area, including Westchester County, NYC, Brooklyn, Queens, the Bronx, and Connecticut. Services are delivered directly by licensed brokers, in-house asset managers, and construction specialists on behalf of property owners, investors, and HOA/condo boards.

Product overview

Houlihan-Parnes Properties is a full-service real estate company offering an integrated portfolio of property/asset management, construction management, sales and mortgage brokerage, back office operations, and real estate consulting services. The core offerings include Property Management for co-ops, condos, residential, retail, and mixed-use properties, paired with Construction Management services covering everything from routine repairs to new construction. The company also operates a lending platform through Private Loans and Conventional Mortgages, supported by an AppFolio-powered Online Payments system for tenant convenience. Additional services include administrative support, developer services, energy benchmarking, insurance bidding, and lease/purchase applications for residential and commercial properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Full-service property management for commercial and residential properties including co-ops/condos, mixed-use, office buildings, retail, and single-family homes in the greater NY metropolitan area.
• Construction Management Construction management and development services including boilers, common area renovation, commercial build-outs, electrical upgrades, façade repair, roof replacements, high-level apartment renovations, new construction, and oil to gas conversion.
• Private Loans Private lending offering quick closings (under one week) for purchases, refinances, foreclosure exit, bankruptcy settlement, mortgage buybacks, and construction in NYC, Brooklyn, Queens, The Bronx, Westchester and Connecticut.
• Conventional Mortgages Mortgage brokerage services providing financing for acquisition and refinance of various property types with competitive pricing, low loan fees, and multiple loan programs.
• Sales and Mortgage Brokerage Real estate sales and mortgage brokerage services for residential and commercial properties, generating commission-based revenue.
• Back Office Operations Administrative and back office support services for property management operations.
• Real Estate Consulting Consulting services providing hands-on management expertise to build equity and wealth for clients through managed assets.
• Online Payments Online payment portal powered by AppFolio allowing tenants and homeowners to make electronic payments.

Quantifiable outcome

• Over $200,000,000 of loans closed since inception
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• FirstService Residential: Largest residential property manager in North America, with deep NY metro co-op/condo board management presence. Directly comparable business model of full-service residential and commercial property management for boards and owners.
• Greystar Real Estate Partners: Global leader in multifamily property management, investment, and development. Comparable on multifamily and mixed-use PM but at vastly larger scale and broader geographic reach.
• The Corcoran Group: NYC-area residential real estate brokerage with property management operations. Comparable tri-state focus, co-op/condo expertise, and integrated sales-plus-management model.
• Brown Harris Stevens: Legacy NYC real estate brokerage and management firm with co-op/condo expertise across Manhattan and tri-state. Comparable brand longevity, board relationships, and integrated brokerage services.
• Halstead Real Estate: Established NYC and tri-state real estate services firm offering residential sales, leasing, and property management. Comparable on tri-state focus and integrated brokerage-plus-management offering.
• Newmark Group: Commercial real estate services firm offering property management, investment sales, and mortgage brokerage. Comparable commercial property management and integrated lending/brokerage capabilities.

Direct peers

• Rose Associates: NYC-based property management, leasing, and development firm specializing in residential, commercial, and mixed-use properties. Highly comparable scope (PM + construction oversight + leasing brokerage) and geographic footprint.
• Cooper Square Realty: NYC residential property management firm specializing in co-ops, condos, and rental buildings with on-site management. Directly comparable in property management specialization and geographic concentration.
• AKAM Associates: NY metro-focused full-service property management and consulting firm serving co-ops, condos, and high-rise residential buildings. Closely comparable on specialization, geography, and integrated management model.

Emerging players

• Maxwell-Kates: NYC-based property management firm focused on co-op, condo, and rental buildings. Comparable specialization in NY co-op/condo management but at smaller scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/HoulihanParnesProperties

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Houlihan Parnes Properties