What Universal Properties and Management does

Universal Properties & Management, Inc. is a privately held US real estate firm specializing in the acquisition, development, ownership, management, and disposition of value-added and income-producing commercial property across the Mid-western and Western United States. The portfolio spans general office, medical office, mixed-use, multi-family, industrial, and specialty real estate, anchored by Class-A assets such as the 347,000-square-foot Seven Mile Crossing office complex in Metro Detroit and four Class-A medical office buildings positioned adjacent to major hospitals (Hoag, Mission, Somerset, and Providence-affiliated systems). Multi-family holdings include Piper Lakes and Bonita Glen Apartments, with additional specialty assets such as the Schoolcraft College Sports Dome, Hale Centre, and Laguna Canyon.

The company runs a vertically integrated real estate platform covering entitlement, design, value engineering, financing, construction, and ongoing property management, with regional offices in Livonia, Michigan (headquarters) and Costa Mesa, California (West Coast). Its customer base comprises corporate tenants in technology, engineering, logistics, financial, educational, and professional services; healthcare providers leasing medical office space; and individual/family renters in the multi-family segment. Revenue is generated through recurring lease income on commercial office, medical office, and residential assets under quote-based, individually negotiated lease terms.

Current strategic activity is concentrated in two ground-up development projects: a Corporate HQ build-to-suit on I-275 freeway frontage in Livonia, MI (the last undeveloped parcel in a premier Class-A submarket adjacent to Schoolcraft College), and a 30,000-square-foot Class-A Medical Office Building in Newport Beach, CA. The acquisitions function is actively seeking stabilized, value-add, repositioning, build-to-suit, and under-capitalized opportunities to complement the existing portfolio, indicating continued capital deployment toward portfolio expansion.

Name

Universal Properties and Management

Legal name

Universal Properties & Management, INc

Website

https://universalprop.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

1–10 employees

Short description

Universal Properties & Management is a private US real estate firm that acquires, develops, owns, manages, and disposes of Class-A office, medical office, multi-family, and specialty properties in the Midwestern and Western United States, primarily in Michigan and Southern California.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Real Estate Property Managers (53131), Lessors of Other Real Estate Property (53119)

SIC

Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Healthcare & Medical Office Property Management (BPAJAGAF)

akta.pro secondary industry

Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH)

Keywords

• Commercial real estate
• Property management
• Medical office leasing
• Office leasing
• Real estate development

Headquarters

HQ city

Livonia

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Marketing or Sales

Revenue model

1. Commercial Real Estate Operations: The company generates revenue through acquisition, development, ownership, management and disposition of value-added and income producing commercial properties. Revenue is derived from leasing commercial office space, medical office buildings, multi-family apartments, and industrial properties to tenants in the Mid-western and Western US markets.

Distribution channels1 record

Core offering

Universal Properties & Management is a private real estate firm that acquires, develops, owns, manages, and disposes of value-added and income-producing commercial properties. Its portfolio includes general office, medical office, mixed-use, multi-family, industrial, and specialty real estate across the Midwestern and Western US, offered to tenants through direct leasing and property management.

Product overview

Universal Properties & Management is a private real estate firm offering a portfolio of commercial properties across the Mid-western and Western US. The core offerings include: Class-A office complexes (Seven Mile Crossing), medical office buildings (Troy Medical Plaza, Los Altos Medical Plaza, Newport Superior Medical Plaza, Northwestern Medical Plaza), multi-family residential properties (Piper Lakes Apartments, Bonita Glen Apartments), and specialty properties (Schoolcraft College Sports Dome, Hale Centre, Laguna Canyon). The company also pursues development opportunities including Corporate HQ development on I-275 frontage in Livonia, MI and a new 30,000 RSF medical office building in Newport Beach, CA. Services encompass acquisition, development, ownership, management and disposition of value-added and income producing commercial property including general office, medical office, mixed-use, multi-family, industrial and specialty real estate.

Differentiator

Problem solved

Functional benefit

Products and services

• Seven Mile Crossing A three-building Class-A office complex comprising 347,000 sq ft of premium commercial office space located in Metro Detroit on the I-275 Business Corridor. Designed for corporate tenants in technology, engineering, logistics, financial, educational, and professional services.
• Newport Superior Medical Plaza A Class A medical office building with adjacent parking structure and extensive outdoor gardens, located in central Newport Beach one block north of Hoag Hospital. Targeted at healthcare providers, physicians, and medical specialists.
• Troy Medical Plaza A premier medical office building located near Somerset Collection with deluxe common areas and a controlled-access heated underground garage with direct elevator access. Targeted at healthcare providers seeking Class-A medical office space.
• Los Altos Medical Plaza A Class A medical office building with deluxe lobby and common areas and an adjacent parking structure, located near I-5 in Mission Viejo, California, across from Mission Hospital. Targeted at healthcare providers near Mission Hospital.
• Northwestern Medical Plaza A premier 3-story medical office building with prominent monument signage on Northwestern Highway in Southfield, Michigan, with convenient access to the Lodge Freeway and I-696. Targeted at healthcare providers and medical specialists.
• Piper Lakes Apartments Multi-family residential apartment complex in the Universal Properties & Management portfolio for individual and family renters.
• Bonita Glen Apartments Multi-family residential apartment complex in the Universal Properties & Management portfolio for individual and family renters.
• I-275 Corporate HQ Development (Livonia, MI) Corporate HQ development opportunity on I-275 freeway frontage in Livonia, MI, the last undeveloped parcel in this premier location, featuring prominent signage and direct access from 7 Mile Rd and Haggerty Rd. Class A commercial office submarket, adjacent to Schoolcraft College Campus.
• Newport Beach Medical Office Building Development Development of a new Class A medical office building in Newport Beach, California, featuring 30,000 rentable square feet, building signage and naming rights, direct street access, multiple elevators, on-site covered parking, and state-of-the-art construction.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Brookfield Property Partners: Large global owner and operator of Class-A office, retail, multifamily, and logistics real estate. Comparable as a broad incumbent in the same commercial real estate asset classes (office, MOB, multifamily) that UPM operates in, though at substantially larger scale and capital base.
• Healthpeak Properties: Large diversified healthcare REIT (NYSE: PEAK) owning outpatient medical, lab/life sciences, and CCRC assets. Comparable as a broader incumbent in healthcare real estate, overlapping UPM's MOB holdings and providing a public-market benchmark for UPM's medical office strategy.
• Welltower: Large publicly traded healthcare REIT (NYSE: WELL) focused on senior housing, outpatient medical, and healthcare properties. Comparable as a broader incumbent in healthcare-adjacent real estate, overlapping UPM's MOB holdings and demographic-driven demand thesis.

Direct peers

• Hudson Pacific Properties: Publicly traded REIT (NYSE: HPP) owning Class-A office and studio properties primarily in Northern and Southern California. Comparable to UPM's West Coast office strategy and to the Seven Mile Crossing Class-A office product positioning.
• Essex Property Trust: Publicly traded multifamily REIT (NYSE: ESS) focused on West Coast apartment communities, primarily in California. Comparable to UPM's Piper Lakes and Bonita Glen apartments and provides a benchmark for UPM's California multifamily strategy.
• Healthcare Realty Trust: Publicly traded REIT (NYSE: HR) focused on medical outpatient facilities and MOBs. Directly comparable to UPM's MOB portfolio (Troy, Los Altos, Newport Superior, Northwestern) given the shared hospital-adjacent leasing model, similar Class-A product positioning, and outpatient healthcare focus.
• Douglas Emmett: Publicly traded REIT (NYSE: DEI) focused on Class-A office and MOB in coastal Los Angeles and Honolulu submarkets. Comparable to UPM's West Coast Class-A office and medical office assets (Newport Superior, Los Altos) given similar coastal California submarket focus and tenant profile.
• Medical Properties Trust: Publicly traded healthcare REIT (NYSE: MPW) investing in acute care hospitals and MOBs. Comparable to UPM's MOB portfolio given the shared healthcare real estate focus, though MPW operates at significantly larger scale across a broader asset mix.
• Anchor Health Properties: Private healthcare real estate development and management company specializing in MOB and outpatient facilities. Closest scale and strategy match to UPM, with similar principal-led acquisition, development, and asset management across multiple regional markets.

Others

• CBRE Group: Global commercial real estate services and investment firm providing brokerage, property management, and capital markets services. Comparable as an adjacent ecosystem participant serving many of the same asset classes (office, medical office, multifamily) that UPM owns and operates directly.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

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 Universal Properties and Management