Envolve

What Envolve does

Envolve LLC is a vertically integrated multifamily real estate company headquartered in Memphis, Tennessee, engaged in property management, ownership, and investment across the United States. Founded in 2014, the company manages over 41,183 units across 450+ properties in 25 states, positioning it as one of the largest affordable property management companies in the country. Envolve serves two primary customer segments: enterprise-level property owners, real estate investors, and institutional clients seeking professional management of multifamily residential assets; and residential tenants seeking affordable housing in Envolve-managed communities. The company's service offering spans the full real estate lifecycle, from acquisitions and development through asset management, ongoing property operations, and disposition.

The underlying technology consists of a standard property management platform with RentCafe integration for resident services, an investor relations platform, and asset management systems. Envolve also operates a consumer-facing property listing and search portal (Envolve Communities) that allows prospective residents to browse and inquire about available units. Additional operational components include the Envolve Client Services Group for specialized client support, and resident-facing programs such as the Get Envolved Foundation, Resident Lunch Program, and Wellness Program.

Envolve's revenue model combines managed services (property management fees from third-party owners) with ownership-driven returns (rental income and appreciation from properties in which Envolve holds ownership stakes). Pricing is quote-based and not publicly disclosed. The go-to-market motion is sales-led, relying on direct B2B relationships with property owners and institutional investors alongside a self-service consumer channel for resident leasing. As of the most recent data, the company employs approximately 1,300 people.

Name

Envolve

Legal name

Envolve LLC

Website

https://envolvecommunities.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Envolve LLC is a vertically integrated multifamily real estate company that provides property management, ownership, and investment services to property owners, institutional investors, and residential tenants across 25 states, managing over 41,100 units in 450+ properties.

Ownership category

akta.pro rank

Headquarters

HQ city

Montgomery

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

Revenue model

1. Property Management Services: Management fees from overseeing multifamily residential properties on behalf of property owners and investors. Services include property operations, maintenance, tenant relations, and financial reporting.
2. Asset Ownership and Investment Returns: Revenue generated from ownership stakes in multifamily properties, including rental income and property appreciation.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Envolve LLC is a vertically integrated multifamily real estate company engaged in property management, ownership, and investment. It manages over 41,183 units across 450+ properties in 25 states, offering full-service property management (operations, maintenance, tenant relations, financial reporting), asset management, investor relations, and acquisitions and development services to property owners and institutional investors.

Product overview

Envolve is a vertically integrated multifamily real estate company offering a unified platform of property management, ownership, and investment services. The core offering consists of Envolve Communities (a property listing platform for searching available units across 450+ properties), complemented by the Envolve Client Services Group which provides specialized management support. The company also operates several resident support programs including the Get Envolved Foundation, Resident Lunch Program, and Wellness Program. Additional investment-related products include Envolve Communities (investment focus), Asset Management, Investor Relations, and Acquisitions & Development.

Differentiator

Problem solved

Functional benefit

Products and services

• Multifamily Property Management Full-service property management for multifamily residential assets covering operations, maintenance, tenant relations, and financial reporting, delivered to property owners and investors across 25 states.
• Asset Management Asset management services for multifamily portfolios, including performance monitoring, financial reporting, and optimization strategies for stabilized and value-add assets.
• Investor Relations Investor relations services supporting communication, reporting, and engagement with investors in Envolve's multifamily investment vehicles.
• Acquisitions and Development Sourcing, acquiring, and developing multifamily residential assets as part of Envolve's vertically integrated ownership and investment platform.
• Envolve Client Services Group Dedicated services group providing specialized client support within Envolve's broader property management and asset management offerings.

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Asset Living: One of the largest third-party multifamily property managers in the U.S., managing over 200,000 units. Highly comparable to Envolve in target customer (property owners and institutional investors), service model (full-service property management), and multi-state footprint.
• Camden Property Trust: Publicly traded multifamily REIT owning and operating ~172 apartments communities with internal property management. Comparable in operating model combining ownership and property management, though Camden is publicly listed and primarily market-rate rather than affordable.
• RPM Living: U.S. multifamily property management firm managing over 150,000 units across 35+ states. Comparable in third-party property management focus, multi-state geographic scale, and B2B sales model targeting institutional owners.
• Bozzuto Group: Privately held multifamily property management, development, and investment firm managing ~85,000 units across the U.S. Comparable in vertically integrated business model, B2B sales motion to property owners/investors, and emphasis on resident experience programs.
• Fogelman Properties: Privately held multifamily investment and property management firm managing ~90,000 units. Comparable vertically integrated model combining management, ownership, and acquisitions, with similar B2B client profile of property owners and institutional investors.
• RangeWater Real Estate: Privately held multifamily investment and management company focused on the Sun Belt with ~95,000 units. Comparable vertically integrated acquisition, development, and property management platform targeting institutional and private capital partners.
• BH Management Services: Multifamily property management arm of Berkshire Hathaway Energy, managing over 100,000 units. Comparable full-service property management model, similar multi-state footprint, and enterprise customer base of property owners and investors.

Broad incumbents

• Greystar Real Estate Partners: World's largest multifamily property manager and operator with ~$320B AUM. Direct comparable in vertically integrated property management, investment, and development; operates at significantly larger scale across the U.S., including the affordable housing segment.
• Lincoln Property Company: Major U.S. multifamily property manager, developer, and investor with over 200,000 units under management. Comparable vertically integrated platform covering management, ownership, and investment; operates a broader portfolio including market-rate housing.
• Cushman & Wakefield (Multifamily): Global commercial real estate services firm with a dedicated multifamily property management division. Comparable in providing property management services to owners/investors, but operates a much broader services portfolio beyond multifamily.

Market position

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/EnvolveLLC
• Facebookfacebook.com/EnvolveLLC

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Envolve