Kensington Management

Residential Property Managementrentkm.com

Kensington Management LLC is a privately held Worcester, Massachusetts property management company that owns, leases, and manages apartments, condominiums, and commercial properties across the Greater Boston-to-Worcester corridor, serving families, college students, and commercial tenants.

Company typePrivate
Founded1994
HeadquartersWorcester, United States
Headcount11–50
GTM typeB2C
OfferingServices

What Kensington Management does

Kensington Management LLC is a privately held property management company founded in 1994 and headquartered at 330 Highland Street in Worcester, Massachusetts. It owns, leases, and manages apartments, condominiums, and commercial properties throughout the Greater Boston-to-Worcester corridor, serving families, students near local colleges (Clark University, WPI, Worcester State, College of the Holy Cross), and commercial tenants. The company positions itself as a recognized leader in the regional rental market with 30+ years of continuous operation and a stated commitment to neighborhood stabilization rather than absentee-landlord fee management.

The company's operations are supported by a digital infrastructure built on a third-party property management platform (rentmanager.com / TWA RentManager). Tenants access an online portal to pay rent via credit card or e-check and to submit maintenance requests, while prospective tenants complete a digital rental application (with a $35 fee) and, where required, a notarized guarantor form for student leases. The 7-step rental process funnels prospects from property selection through application, document preparation, deposit and fee payment, lease signing, and move-in.

Kensington Management generates revenue primarily through recurring monthly rental income from its residential and commercial portfolio, supplemented by $35 per-applicant application fees and ancillary deposits held in escrow. It markets and leases exclusively via direct-to-consumer channels—its website (rentkm.com), phone (508-365-5300), and email ([email protected])—and is privately held with no disclosed outside investors, parent company, subsidiaries, or funding rounds.

Kensington Management firmographics

Firmographics

Name: Kensington Management
Legal name: Kensington Management LLC
Website: https://rentkm.com
Company type: Private
Founded year: 1994
Operating status: Operating
Headcount range: 11–50 employees
Short description: Kensington Management LLC is a privately held Worcester, Massachusetts property management company that owns, leases, and manages apartments, condominiums, and commercial properties across the Greater Boston-to-Worcester corridor, serving families, college students, and commercial tenants.
Ownership category
akta.pro rank

Kensington Management industry classification

Industry

Product category: Residential Property Management
NAICS: Residential Property Managers (531311), Real Estate Property Managers (53131), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)
SIC: Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)
akta.pro primary industry: Residential Lease Administration & Tenant Services (BPAJAFAL)
akta.pro secondary industry: Single-Family Rental (SFR) Property Management (BPAJAFAB)

Keywords

Residential property management
Apartment rentals
Commercial leasing
Rental management services
Tenant management

Where Kensington Management is headquartered

Location

Headquarters

HQ city: Worcester
HQ country: United States
HQ region: North America

Offices1 record

Markets served

Kensington Management business model

Business model

GTM type: B2C
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

Residential Rental Income: Monthly rental income from apartments, condominiums, and commercial properties leased to tenants throughout the Greater Boston to Worcester area.
Commercial Leasing: Commercial property leasing and management services generating rental income from commercial tenants.
Application and Processing Fees: Rental application fee of $35 per applicant, collected to process and hold rental applications.
Security Deposits: Security deposits collected and held in escrow accounts, returned upon lease termination subject to property condition.

Pricing tiers

Model	Billing	Price
Subscription	Monthly	Monthly Rent
One time/ perpetual license	Pay-as-you-go	Rental Application Fee
Other	Pay-as-you-go	Security Deposit

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Kensington Management product offering

Product offering

Core offering

Kensington Management LLC rents and leases apartments, condominiums, and commercial properties throughout the Greater Boston to Worcester, Massachusetts area. The company provides professional property management services for residential and commercial tenants, including online rent payment, maintenance reporting, and a 7-step rental application process. Operations are supported by an online tenant portal and digital rental application system.

Product overview

Kensington Management operates as a property management company offering a unified platform combining apartment and commercial property rentals with integrated digital tenant services. The core offerings consist of apartment and condominium rentals, commercial leasing, and property management across the Greater Boston to Worcester area. These are supported by the company's Online Tenant Portal (rentmanager.com) for rent payments and maintenance requests, and an Online Rental Application System for prospective tenants.

Differentiator

Problem solved

Functional benefit

Products and services

Apartment Rental Services
Commercial Leasing Services

Quantifiable outcome

30+ years in business as recognized leader in apartment rental and commercial leasing

Companies that use Kensington Management

Customer profile

Segments4 records

Ideal customer profiles2 records

Kensington Management technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Kensington Management partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Kensington Management competitors and assessment

Company assessment

Others

JLL (Jones Lang LaSalle): Global commercial real estate services firm providing property management and leasing. Comparable because it manages and leases commercial property in the same broad real estate services category as Kensington's commercial leasing line.
CBRE Group: Global commercial real estate services firm offering property management, leasing, and investment sales. Comparable on the commercial leasing arm of Kensington's business, representing the institutional side of the same service category.

Direct peers

WinnCompanies: Boston-based multifamily property manager and owner operating a large portfolio across the Northeast including Massachusetts. Comparable because it manages and owns residential rental housing in the same regional market, serving similar family and working-class tenant segments.

Regional players

The Dammann Group: Worcester-area real estate firm offering residential sales, rentals, and property management in Central Massachusetts. Comparable because it serves the same Worcester submarket with overlapping apartment rental and management services to families and students.

Broad incumbents

Lincoln Property Company: National multifamily and commercial property manager operating thousands of units across the U.S. Comparable because it provides third-party residential property management services in multiple U.S. markets including the Northeast.
Greystar Real Estate Partners: Largest multifamily property manager and developer globally, with a major Boston/MA presence. Comparable because it competes for residential rental tenants and management contracts in Massachusetts while operating at vastly greater scale.
Bozzuto Group: Multifamily property manager and developer with a strong Northeast and Mid-Atlantic portfolio. Comparable because it operates apartment communities and provides residential property management services to similar renter segments.

Emerging players

Coldwell Banker Realty (Residential Rental Division): National residential real estate brand with brokerage and rental listing services in Massachusetts. Comparable because it connects property owners with residential tenants in the same Worcester-to-Boston corridor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Kensington Management financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Kensington Management leadership team

Management profile

Number of profiles

Kensington Management funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Kensington Management M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kensington Management

What does Kensington Management do?

Is Kensington Management a public or private company?

Kensington Management is a private company. It is classified as unknown and is currently operating.

When was Kensington Management founded?

Kensington Management was founded in 1994. It employs 11 to 50 people.

Where is Kensington Management based?

Kensington Management is headquartered in Worcester, United States, in the North America region.

How does Kensington Management make money?

Four revenue lines are on record. Residential Rental Income is the primary driver. The others are commercial Leasing, application and Processing Fees and security Deposits.

Who are Kensington Management's main competitors?

Others on record are JLL (Jones Lang LaSalle) and CBRE Group. WinnCompanies is listed as a direct peer. The Dammann Group is listed as a regional player. Broad incumbents are Lincoln Property Company, Greystar Real Estate Partners and Bozzuto Group. Coldwell Banker Realty (Residential Rental Division) is listed as an emerging player.

Does Kensington Management have an API?

No public API is recorded for Kensington Management.

What industry is Kensington Management in?

Kensington Management's product category is Residential Property Management. Its primary akta.pro industry code is BPAJAFAL, Residential Lease Administration & Tenant Services, with a secondary code of BPAJAFAB, Single-Family Rental (SFR) Property Management. Its NAICS code is 531311 and its SIC code is 6513.