Cedar Property Management

What Cedar Property Management does

Cedar Property Management is a privately held residential property management company founded in 1998, headquartered in Spokane, Washington. The company owns and operates 15+ apartment communities across five geographic clusters in the Spokane, Washington metropolitan area (Spokane, South Hill, Spokane Valley, Airway Heights) and Coeur d'Alene, Idaho, totaling more than 600 units. Its portfolio comprises multi-phase developments (Cedar Springs I-IV, Cedar Summit I-IV, Cedar Creek I-II, Cedar Chateau A & B) plus standalone communities (Cedar Canyon Villas, Cedar Forest Estates, Cedar Meadows, Cedar Park, Cedar Wood Estates I & II), each offering one- and two-bedroom apartments ranging from 660 to 1,360 sq ft and targeting middle-market residential renters as well as an active-adult 55+ senior segment served via Cedar Summit 55+ Duplexes.

Cedar's revenue model is straightforward subscription-style rental income: monthly rents of $1,010 to $1,690 depending on unit size and community, supplemented by one-time administrative fees ($125-$400), security deposits ($550-$650), and ancillary monthly fees for garages ($40) and carports ($25). Distribution is direct-to-consumer through a centralized website (cedarpropertymgmt.com) and individual on-site leasing offices for each community, supported by YouTube-hosted video tours. The company also operates two on-site commercial shopping centers (Cedar Creek Village Commercial Center and Cedar Canyon Village Shopping Center) with retail tenants, providing mixed-use adjacency. There is no proprietary technology platform; operations rely on standard property management tooling and a WordPress-based web presence.

The company operates in a labor-intensive, traditional residential real estate model with no disclosed institutional ownership, no parent company, no funding history, and no management team publicly listed. It holds BBB accreditation and Equal Housing Opportunity certification but discloses no patents, trademarks, AI capabilities, partnerships, or M&A activity. With 11-50 employees, the business is a small, owner-operated regional property manager focused on a defined geographic footprint rather than a scalable platform.

Name

Cedar Property Management

Legal name

Cedar Property Management

Website

https://cedarpropertymgmt.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Cedar Property Management is a privately held, Spokane-based residential property manager founded in 1998 that operates 15+ apartment communities totaling 600+ units across Spokane, Washington and Coeur d'Alene, Idaho, renting one- and two-bedroom apartments to individual tenants and 55+ seniors.

Ownership category

akta.pro rank

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential Apartment Rentals: The primary revenue stream is monthly rental income from apartment units across 15+ apartment communities in Spokane, WA and Coeur d'Alene, ID. Tenants pay monthly rent ranging from approximately $1,010 to $1,690 depending on unit size and location. Additional revenue is generated through one-time administrative fees ($125-$400), security deposits, and ancillary services such as garage ($40/month) and carport ($25/month) rentals.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Cedar Property Management rents luxurious, energy-efficient one- and two-bedroom apartments across 15+ apartment and duplex communities in the Spokane, Washington and Coeur d'Alene, Idaho markets. Unit sizes range from 660 sq ft studios/one-bedrooms to 1360 sq ft duplexes, with monthly rents from $1,010 to $1,690, and the portfolio includes a dedicated 55+ maintenance-free duplex community with bundled utilities, lawn care, snow removal, taxes, and insurance. Common amenities across communities include pools, fitness centers, clubhouses, courtyards, BBQ areas, garages, and carports.

Product overview

Cedar Property Management operates a portfolio of 13+ residential apartment and duplex communities across Spokane, Washington and Coeur d'Alene, Idaho, offering over 600 luxurious, energy-efficient one and two bedroom apartments and duplexes. The portfolio includes Cedar Canyon Villas, Cedar Chateau Estates A & B, Cedar Creek Village I & II, Cedar Forest Estates, Cedar Meadows, Cedar Park, Cedar Springs Estates (I through IV), Cedar Summit Estates (I through IV), Cedar Summit 55+ Duplexes, and Cedar Wood Estates I & II. Units range from 660 sq ft to 1360 sq ft with rents from $1,010 to $1,690. The company also operates two commercial shopping centers (Cedar Creek Village Commercial Center and Cedar Canyon Village Shopping Center) with retail tenants. Common amenities include pools, fitness centers, clubhouses, courtyards, and garages, with the 55+ duplex community offering fully maintenance-free living. The company does not allow pets at any community.

Differentiator

Problem solved

Functional benefit

Brands

• Cedar Canyon Villas: Luxury apartment community located at 5710 S. Hailee Lane, Spokane WA 99223
• Cedar Chateau Estates
• Cedar Creek Village
• Cedar Forest Estates
• Cedar Meadows
• Cedar Park
• Cedar Springs Estates
• Cedar Summit Estates
• Cedar Summit 55+ Duplexes
• Cedar Wood Estates

Products and services

• Cedar Canyon Villas Luxury apartment community on Spokane's South Hill offering one and two bedroom units (660-1240 sq ft) with amenities including vaulted ceilings, pool, garages, and storage. Adjacent to Cedar Canyon Village Shopping Center.
• Cedar Chateau Estates A & B Apartment community in Spokane Valley with spacious inner courtyard, pool with covered BBQ areas, laundry room and reading room. Offers 1-2 bedroom units (660-1240 sq ft) with vaulted ceilings and kitchen skylights.
• Cedar Creek Village I & II Apartment community in North Spokane with club house featuring fitness center, racquet ball court, and gift shop. Units (660-1240 sq ft) include fireplaces, washers/dryers, with access to pool, garages, and carports. Residents share amenities with Cedar Springs communities.
• Cedar Forest Estates Apartment community near Joe Albi Stadium offering 1-2 bedroom units (660-1240 sq ft) with spacious inner courtyard, pool, and laundry room. Carports available for rent at $25/month.
• Cedar Meadows Apartment community with spacious inner courtyard, pool, laundry room, and rec building. Bus stops at community. Offers 1-2 bedroom units (660-856 sq ft) at 8909 N. Colton St., Spokane.
• Cedar Park Apartment community at 1404 E 30th Ave., Spokane offering 2 bed 1 bath units (856 sq ft) with community pool, hot tub, laundry room, and rec building.
• Cedar Springs Estates I, II & IIB, III, IV Multi-phase apartment community (I, II, IIB, III, IV) in Spokane with shared club house amenities including fitness center and exercise room. Units (660-1240 sq ft) feature vaulted ceilings, dishwashers, and air conditioning. Residents share access with Cedar Creek Village amenities.
• Cedar Summit Estates I & II, III & IV Apartment community at 10620 W. 12th Ave., Spokane offering 1-2 bedroom units (660-1240 sq ft) with fitness center featuring nautilus, elliptical machines, treadmills and recumbent bikes. Units include vaulted ceilings, kitchen skylights, and full-size washers/dryers.
• Cedar Summit 55+ Duplexes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Hawthorne Residential Partners: Multifamily investment and management firm operating ~50,000 units across the Southeast and Mid-Atlantic; comparable as a regional owner-operator running amenitized Class B garden-style communities similar to Cedar's portfolio.
• Bell Partners: Privately held multifamily owner-operator with a portfolio of ~80,000 units across the U.S., focused on Class A and B garden-style apartments in mid-sized markets — directly comparable to Cedar's owner-operator model and submarket profile.
• RangeWater Real Estate: Multifamily acquisition, development, and management company operating ~30,000+ units, primarily in the Sun Belt — comparable regional owner-operator with a similar amenity-driven, mid-market positioning.
• FPA Multifamily: Multifamily owner-operator with ~19,000 units across the Western U.S., including markets comparable to Spokane/Coeur d'Alene; similar Class B garden-style owner-operator model to Cedar.

Broad incumbents

• AvalonBay Communities: Large public multifamily REIT (~90,000 units) with West Coast and Pacific Northwest exposure; broad incumbent setting rent benchmarks and acquisition pricing in the region.
• RPM Living: Large multifamily third-party manager (~250,000+ units) with national reach; comparable as a broad incumbent offering property management services that compete for the same regional owner-operators as Cedar.
• Equity Residential: Public multifamily REIT (~80,000 units) concentrated in coastal gateway markets; broader incumbent relevant for portfolio strategy benchmarking, though Cedar's submarkets are not Equity's core geography.
• Asset Living: One of the largest U.S. multifamily property managers (~300,000+ units under management); relevant as the dominant third-party manager competing for institutional capital and talent in markets like Cedar's.
• Greystar Real Estate Partners: Largest U.S. apartment manager (~800,000+ units) and major owner/developer; relevant incumbent whose institutional acquisitions could compete directly with Cedar for submarket assets.
• Camden Property Trust: Public multifamily REIT (~172,000 units) operating Class A garden-style communities across the Sun Belt and Pacific Northwest; relevant broad incumbent competing for institutional-quality assets and tenant demand in similar markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance2 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 Cedar Property Management