Viridian Management

What Viridian Management does

Viridian Management, Inc. is a privately held affordable multifamily housing property manager headquartered in Enterprise, Oregon. The company was spun off from Chrisman Development and Management, Inc. on January 1, 2012 to allow the property management and development divisions to operate as separate entities. The team's affordable housing experience predates the spin-off by more than two decades. Today Viridian manages approximately 150 properties comprising over 4,600 affordable units across 21 counties in Oregon, Washington, Wyoming, and Idaho, serving both residents (the B2C end of the funnel) and the property owners and investors who retain Viridian as third-party manager.

The company's core service is full-service property management of subsidized multifamily housing, with in-house credentialed expertise across HUD, HOME, USDA Rural Development (Section 515/521), Bond (Risk Share and Conduit), LIHTC (4% and 9%), TCAP/TCEP/OAHTC, and Green Property Management programs. The customer-facing technology surface is the Yardi RENTCafé platform, which powers property search, online applications, electronic signatures, resident screening, recurring rent payments, and the resident portal; Mitek Systems provides identity verification inside that flow. The corporate site also integrates Google Maps for property geolocation and Google Analytics plus Lead/Marketing Attribution for channel conversion tracking, while Paylocity supports recruiting and HR.

Viridian makes money by charging management fees on the rental income of the ~4,600-unit portfolio it operates on behalf of property owners. Pricing at the resident level is not publicly disclosed and most listings show "Call for pricing." The company positions itself "created by property owners, for property owners" and pursues a relationship-driven B2B sales motion alongside a direct-to-consumer property search and online leasing experience for prospective residents. The website is operating, hiring is active, and the entity is registered in Oregon with no parent company, public listing, or external funding disclosed.

Name

Viridian Management

Legal name

Viridian Management, Inc.

Website

https://viridianmgt.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

Viridian Management is a private Oregon-based affordable housing property manager operating roughly 150 properties and 4,600+ units across Oregon, Washington, Wyoming, and Idaho, providing compliance-specialized management for HUD, LIHTC, HOME, USDA RD, and Bond program owners.

Ownership category

akta.pro rank

Product category

Affordable Housing Property Management

NAICS

Residential Property Managers (531311), Lessors of Real Estate (5311)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Affordable Housing Property Management (BPAJAGAJ)

akta.pro secondary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Affordable housing management
• Multifamily property management
• LIHTC property management
• HUD property management
• Rental property services

Headquarters

HQ city

Enterprise

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Affordable Housing Property Management Fees: Viridian Management generates revenue by managing ~150 multifamily affordable housing properties (4,600+ units) on behalf of property owners, charging management fees against rental income collected from residents. Fee structure is not publicly disclosed; pricing is "Call for pricing" or "Call for Details" on individual property listings. Revenue mix includes LIHTC (4% and 9%), HUD Section 8, USDA RD Section 515/521, HOME, Bond, and other affordable housing programs.
2. Employer-of-Record / HR Services Cost Recovery: Indirect revenue offset: as an employer, Viridian funds competitive compensation plus a generous benefits package (health, dental, vision, 401k with 4% auto-contribution, $35k life insurance, HSA, FSA, 17 paid holidays, PTO, etc.) for 30+ hour/week employees, with modified benefits for part-time staff. Costs are recovered through property management engagements.

Pricing tiers

Go-to-market motion3 records

Core offering

Viridian Management provides full-service property management for affordable multifamily housing communities on behalf of property owners and investors. The company manages approximately 150 properties totaling more than 4,600 affordable units across 21 counties in Oregon, Washington, Wyoming, and Idaho, specializing in HUD, HOME, USDA RD, Bond, and Tax Credit housing programs. Operations are supported by the Yardi RENTCafé platform for leasing, resident screening, identity verification, electronic signatures, and resident portal services.

Product overview

Viridian Management is a single-line-service company (not a multi-product SaaS platform): its core offering is affordable multifamily housing property management across the Pacific Northwest and Mountain West. The portfolio is delivered as a unified service rather than discrete products, but consists of approximately 150 individually managed affordable housing properties totaling over 4,600 units located in 21 counties across Oregon, Washington, Wyoming, and Idaho — including named communities such as Wildflower Apartments-Pendleton, Barrel Brook Cottage Grove, Barrel Brook Grants Pass, Beardmore East, Beaver State-Cascade Valley, Beaver State-Montebello, Beaver State-Spyglass, Beaver State-Stratford, Beaver State-Willamina Villa, Big River Apartments, Big Valley Jacksonville, Big Valley Sutherlin, Bluffs at Ratcliff, Boundary Village, Brookside Rose - Brookside Village, Brookside Rose - Rose Court, Cascade Apartments, Cedarwood I, Cedarwood IV, Cle Elum Manor, Clover Glen Apartments, Commodore II, Cove Avenue Apartments, Crest Butte Apartments, Crooked River-Madison, and Crooked River-Willow Creek. The customer-facing surface is the RENTCafé Property Search Portal and the Online Leasing / Apply Now module, both delivered through the Yardi RENTCafé technology platform; together they let residents find a property, apply, complete identity verification (via Mitek), and execute electronic leases, while the company operates the underlying management operations supported by Paylocity for recruiting.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Property Management Services Full-service property management for owners and investors of affordable multifamily housing communities. Includes on-site operations, leasing, resident relations, compliance for HUD, HOME, USDA RD, Bond, and LIHTC programs. Currently covers approximately 150 properties and 4,600 affordable units in Oregon, Washington, Wyoming, and Idaho.
• RENTCafé Property Search Portal Web-based portal operated via the Yardi RENTCafé platform that allows prospective residents to search Viridian's portfolio of approximately 150 affordable housing properties by location, beds, baths, rent range, amenities, and availability, with map-based search and individual property detail pages.
• Online Leasing / Apply Now

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Greystar Real Estate Partners: World's largest multifamily property manager and developer with a portfolio spanning conventional, affordable, and student housing. Overlaps with Viridian in third-party property management services but operates at vastly greater scale and with much broader geographic and segment reach.
• Lincoln Property Company: Major national multifamily property manager with a large third-party management book across conventional and affordable housing. Comparable in service offering to Viridian but operates at significantly greater scale across more geographies.
• Cushman & Wakefield (Multifamily Management): Global commercial real estate services firm with a multifamily property management practice that serves owners of conventional and affordable housing. Overlaps with Viridian in third-party property management services but as one offering within a much broader CRE services portfolio.
• Bell Partners: Large national multifamily property manager and investor with a mix of conventional and affordable housing assets. Comparable to Viridian in property management services but at meaningfully greater scale and with broader investment activities.

Direct peers

• The Michaels Organization: National affordable, workforce, and market-rate housing developer and manager with a large property management portfolio and strong LIHTC/HUD compliance capabilities. Directly comparable to Viridian as a full-service affordable housing property manager serving owners across multiple states.
• FPI Management: Mid-to-large multifamily property manager with a meaningful affordable housing portfolio, using a Yardi-based operating model similar to Viridian's. Directly comparable in scale (mid-market), service offering (third-party affordable and conventional management), and tech platform choice.
• The NRP Group: Affordable and workforce housing developer and manager with a national footprint and deep LIHTC/HUD expertise. Comparable to Viridian as a regulated-program-focused multifamily manager serving third-party owners and investors.
• Conifer Realty: Affordable and mixed-income housing developer and manager with a multi-thousand-unit portfolio concentrated in the Northeast and Mid-Atlantic. Comparable to Viridian as a vertically integrated affordable housing specialist with deep LIHTC/HUD compliance expertise.
• WinnCompanies: One of the largest affordable and mixed-income housing property managers in the United States, managing tens of thousands of units across multiple states with deep regulatory program expertise. Directly comparable to Viridian in core service offering (third-party affordable housing management) and customer base (property owners and investors).
• Related Management Company: Property management arm of Related Companies, one of the largest affordable and workforce housing managers in the US. Comparable to Viridian in core service offering and regulatory program expertise, though at substantially greater scale and national geographic reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance10 records

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 Viridian Management