What AM Management does

AM Management, Inc. is a privately held real estate development and property management company founded in the early 1970s. The company owns and manages over 3,000 residential units across Iowa and Ohio, encompassing student housing near the University of Iowa and Wright State University, market-rate apartments, and single-family rental homes. Its flagship Ohio asset, Charter Woods Apartments, is a market-rate community located across from main gate B of Wright Patterson Air Force Base, offering 1, 2, and 3 bedroom units with amenities including clubhouse access, garages, gas fireplaces, balconies, and washer/dryer connections. Rents at Charter Woods range from approximately $1,050 to $1,600 per month, plus water/sewer surcharges of $30-$45 depending on unit size, with garages available at $75 per month.

The business operates on a vertically integrated model: AM Management plans, develops, and constructs its own residential portfolio, then manages the resulting properties directly. The company has historically developed large-scale communities, including a 420-acre master-planned residential community in Iowa City. Customer segments include college students, military families stationed at Wright Patterson Air Force Base, and general renters seeking market-rate housing. Two regional offices — Iowa City, IA and Fairborn, OH — handle on-the-ground operations, with leasing conducted through direct inquiries, in-person visits, and a basic website application form. The company appears to be founder/owner-operated with no disclosed external investors, parent company, or institutional backers.

The revenue model is straightforward recurring rental income on monthly leases, with revenue variability driven by unit mix, occupancy, and location-specific demand. The portfolio is geographically concentrated in two states and tied to anchor demand drivers (universities and a military installation), which provides demand stability but limits diversification. No digital products, technology platforms, or AI/ML capabilities are evident in the source materials — the business is a traditional brick-and-mortar real estate operator.

Name

AM Management

Legal name

AM Management, Inc.

Website

https://ammanagement.net

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

AM Management is a privately held real estate developer and property manager founded in the early 1970s, owning and managing over 3,000 residential units across Iowa and Ohio. It serves college students, military families, and general renters through student housing, market-rate apartments, and single-family homes.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

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

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential property management
• Real estate development
• Student housing
• Apartment rentals
• Military family housing

Headquarters

HQ city

Iowa City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain

Revenue model

1. Rental Income: AM Management generates revenue through monthly rental payments from tenants occupying their portfolio of over 3000 units including student housing, market-rate apartments, and single-family homes. Revenue is recurring on a monthly basis from long-term lease agreements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Core offering

AM Management owns, develops, and manages a portfolio of over 3,000 residential rental units including student housing, market-rate apartments, and single-family homes across Iowa and Ohio. The company operates physical offices in Iowa City, IA and Fairborn, OH, and provides in-house real estate development services for apartment complexes, condominium communities, townhomes, and single-family homes.

Product overview

AM Management operates as a property management and real estate development company managing over 3000 units. The portfolio includes Charter Woods Apartments (a market-rate apartment community in Ohio with 1, 2, and 3 bedroom units), student housing near university campuses, market rent apartments, and single-family homes. The company also provides real estate development services for apartment complexes, condominiums, townhomes, and single-family homes. The diverse product mix allows the company to serve a wide variety of housing needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Charter Woods Apartments Market-rate apartment community in Fairborn, OH offering 1, 2, and 3 bedroom units with amenities including clubhouse access, garages, gas fireplaces, balconies/patios, and washer/dryer connections. Located across from main gate B Wright Patterson Air Force Base and targets military families and general renters.
• Student Housing

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 indicators2 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• American Campus Communities: American Campus Communities is a national publicly traded REIT specializing in student housing. It competes with AM Management's student housing near the University of Iowa and Wright State, but at institutional scale.
• Mid-America Apartment Communities: MAA is a large multifamily REIT focused on Sun Belt markets, comparable to AM Management as a market-rate apartment owner-operator though with a different geographic footprint and much larger portfolio.
• AvalonBay Communities: AvalonBay is a national multifamily REIT owning and operating high-quality apartment communities. It provides a benchmark for institutional multifamily ownership that AM Management competes against in select metros.
• Equity Residential: Equity Residential is a major multifamily REIT that owns and operates apartment communities nationwide, comparable to AM Management's market-rate apartment segment though at far larger institutional scale.
• Greystar Real Estate Partners: Greystar is the largest U.S. apartment manager and developer with significant student housing exposure. It competes broadly with AM Management's multifamily and student housing portfolio but operates at vastly greater scale.

Direct peers

• BH Management Services: BH Management Services is a multifamily property management firm operating large portfolios of market-rate apartments, comparable to AM Management's market-rate apartment operations in Iowa and Ohio.
• Home Partners of America: Home Partners of America focuses on single-family rental homes, directly overlapping with AM Management's single-family rental holdings and providing a comparable SFR operating model.
• Campus Apartments: Campus Apartments develops and manages student housing near major U.S. universities. It closely mirrors AM Management's combination of development, ownership, and on-site operation of student-oriented rental communities.
• Asset Living: Asset Living is a large multifamily and student housing property manager that combines third-party management with owned assets. Like AM Management, it operates student housing communities near universities and market-rate apartments, but at materially greater scale.
• PeakMade Real Estate: PeakMade specializes in student housing development and management across multiple university markets, sharing AM Management's niche focus on purpose-built student rental communities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/charter-woods-apartments

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 AM Management