RMK Management Corporation

Name

RMK Management Corporation

Legal name

RMK Management Corp.

Website

https://rmk.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Multifamily Property Management

NAICS

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

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

Multifamily (Apartment) Property Management (BPAJAGAD)

Keywords

• Multifamily property management
• Apartment rental management
• Real estate development services
• Property renovation services
• Asset management consulting

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Third-Party Property Management Fees: RMK manages properties for third-party investors and owners on a fee basis. Approximately 60% of their 8,000+ unit portfolio is fee-managed for outside investors.
2. Self-Owned Property Operations: RMK and its affiliated companies (M&R Development, MR Development) own apartment communities and generate rental income from self-owned properties.
3. Due Diligence Consulting Services: RMK offers consulting services for due diligence on potential acquisitions including income and expense review, physical inspections, administrative audits, competitive market surveys, and capital expenditure analysis.
4. Asset Management Services: Beyond core management, RMK performs sophisticated asset management functions including liaison services for real estate taxes, insurance, utility purchasing, and engagement with local political entities.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

RMK Management Corporation provides full-service third-party property management for multifamily residential communities across the Midwest, overseeing over 8,843 apartment units on a fee basis for outside investors (approximately 60% of the portfolio). Through its affiliated companies—M&R Development and RMK Restoration—RMK also develops new Class A rental communities and rehabilitates existing apartment assets, while offering due diligence consulting and asset management services (real estate tax/insurance/utility liaison, capital expenditure analysis) to property owners.

Product overview

RMK Management Corporation operates a comprehensive property management and development ecosystem consisting of core management services for over 8,843 multifamily residential units across the Midwest, supported by M&R Development for new property development and RMK Restoration for rehabilitation services. The company leverages the Yardi RENTCafé platform for digital operations including online payments and resident portals. Additional offerings include due diligence consulting, the RMK Cares resident relations program, and RMK Rewards incentive program. Properties under management include named communities such as Versailles on the Lakes, 2929 on Mayfair, Elevate Apartments, and Residences at Addison Clark.

Differentiator

Problem solved

Functional benefit

Products and services

• RMK Management Services Full-service property management for multifamily residential communities, including maintenance, leasing, resident services, and community operations. Manages over 8,843 units across the Midwest for third-party investors and owners.
• M&R Development Services Affiliated development service that builds Class A rental communities ranging from garden-style and mid-rise to urban high-rise buildings. Founded in 1996, has developed 20 properties with over 5,000 units across the greater Chicago area and Wisconsin; six recent projects received LEED certifications.
• RMK Restoration Services

Quantifiable outcome

• 95% resident satisfaction rate reported through RMK Cares initiative
• +4 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Campbell Capital Group, LLCcoreStrategic or Co-development Partner · 12 September 2025Campbell Capital Group is co-developing The Bluffs on Lake (278-unit luxury apartment in St. Francis, Wisconsin) with M&R Development. Both firms previously co-developed 42 Hundred on the Lake, a 236-unit luxury rental building that opened in 2021. Campbell Capital Group has been involved in multiple Wisconsin luxury rental developments with M&R Development.
• Harlem Irving Companies / Hamilton Partners / T2minorStrategic or Co-development Partner · 16 September 2024RMK Management was named property manager for HQ Residences in downtown Mount Prospect, a new rental community developed by Harlem Irving Companies along with Hamilton Partners and T2. Located at 122 E. Northwest Highway, the 87-unit six-story property is across from the Mount Prospect Metra station.
• First Equity Group LLCminorStrategic or Co-development Partner · 18 January 2023RMK Management was selected by First Equity Group LLC to oversee property management for 10 N. Main, a new five-story, 97-unit luxury apartment building in downtown Mount Prospect. The community welcomed its first residents in 2021.
• Stevens Construction Corp.coreImplementation/ SI/ Consulting PartnerMadison-based Stevens Construction Corp. serves as the general contractor for The Bluffs on Lake project. Also served as general contractor for 42 Hundred on the Lake.
• Poole & Poole ArchitecturecoreStrategic or Co-development PartnerPoole & Poole Architecture designed The Bluffs on Lake development in St. Francis, Wisconsin.
• Campbell Capital Group, LLCcoreStrategic or Co-development PartnerCampbell Capital Group co-developed 42 Hundred on the Lake (236-unit luxury rental building opened 2021) and The Bluffs on Lake with M&R Development. This represents a long-term co-development partnership in Wisconsin.
• MR DevelopmentcoreStrategic or Co-development PartnerMR Development is an affiliated company (logo shown on RMK website) providing development services. Development logo appears alongside RMK Management and RMK Restoration on the company's website footer.
• RMK RestorationcoreStrategic or Co-development PartnerRMK Restoration rehabilitates apartment communities both for internally owned deals and outside firms, enhancing spaces with energy-saving appliances, fixtures and systems, and sustainable materials. Anthony Rossi Jr. is President of RMK Restoration. Logo appears on RMK website as an affiliate.
• M&R DevelopmentcoreStrategic or Co-development PartnerM&R Development, founded in 1996 by Tom Moran and Anthony Rossi Sr., is a developer of Class A rental communities ranging from garden-style and mid-rise to urban high-rise. Over 25 years, developed 20 properties with 5,039 apartment units in the greater Chicago area and Wisconsin. Anthony Rossi Jr. is Executive Vice President. RMK Management oversees leasing and property management for M&R Development properties. Six recent projects received LEED certifications.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Equity Residential: Equity Residential is a publicly traded REIT that owns and operates Class A multifamily assets in major U.S. urban markets including downtown Chicago. As a major owner of competing multifamily product, it directly overlaps with RMK's Chicago, IL, Wisconsin and Indiana footprint.
• Greystar Real Estate Partners: Greystar is the largest multifamily property management and development operator in the United States with over 800,000 units under management. Both Greystar and RMK operate full-service multifamily platforms combining third-party fee management, owned investments and on-the-ground operating expertise across regional markets.
• AvalonBay Communities: AvalonBay is a national multifamily REIT operating Class A apartment communities in high-density U.S. markets. It is an institutional owner/operator competing for the same renter pool and institutional capital flows as RMK and M&R Development.
• Lincoln Property Company Residential: Lincoln Property Company manages approximately 200,000+ multifamily units nationally through third-party and joint-venture arrangements. It is a directly comparable multifamily management peer with similar institutional owner relationships and resident service offerings as RMK.

Direct peers

• Bozzuto Group: Bozzuto is an integrated multifamily real estate services firm that develops, manages and markets apartment communities, with a strong East Coast and Midwest presence. Like RMK, it combines in-house development, fee management and resident-service programs to deliver Class A multifamily product.
• Draper and Kramer: Draper and Kramer is a Chicago-based diversified real estate firm active in multifamily development, property management and mortgage services. Diana Pittro's prior role as VP at Draper & Kramer and RMK's focus on Chicago multifamily make this a closely comparable local peer.
• The Habitat Company: The Habitat Company is a Chicago-based multifamily owner, developer and property manager with significant Chicagoland and Midwest exposure. Both Diana Pittro (RMK EVP) and other Habitat veterans are signals that Habitat operates in the exact same Chicago market and asset class as RMK.
• FPA Multifamily (FPI Management): FPA Multifamily manages over 85,000 units across the U.S. for institutional owners, combining fee-based property management with asset management and due diligence services. It is a structurally similar third-party multifamily manager to RMK.
• BH Management Services: BH Management Services manages roughly 100,000 multifamily units nationally with a focus on Class A assets and institutional clients. Its third-party fee management model, regional structure and luxury Class A concentration are highly comparable to RMK's model.

Others

• Cushman & Wakefield Multifamily / Property Management: Cushman & Wakefield provides third-party property management, capital markets and advisory services across multifamily and commercial real estate. While not a focused multifamily owner-operator like RMK, its property services platform competes for institutional mandates in the same Midwest markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/RMKManagement
• LinkedInlinkedin.com/company/rmk-management-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 RMK Management Corporation