Multi-Housing

What Multi-Housing does

Multihousing.com is a private multifamily owner-operator founded in 2000 by Jay Biggins and headquartered at 840 US Hwy 1, North Palm Beach, Florida. The company acquires underperforming multifamily properties in underserved communities across 14 Eastern US states (including Virginia, North Carolina, South Carolina, Georgia, Florida, Alabama, and Mississippi), renovates them with finishes typically found in higher-end product (wood vinyl plank flooring, 5¼" baseboards, glass mosaic and stone backsplashes), and leases units directly to residents seeking affordable rental housing. The company has transformed more than 10,000 units over the past decade and completed 45 acquisitions in 2023-2024, sustaining portfolio occupancy of 95-98%.

The company's core intellectual property is its proprietary "5 C's" property management methodology — Curb Appeal, Capacity, Collections, Cost, and Cash Flow — developed by founder Jay Biggins to govern renovation standards, occupancy management, tenant screening, operational efficiency, and cash flow optimization. The resident-facing technology stack is limited to an online portal for rent payment and maintenance requests; no proprietary software platforms, AI/ML systems, or data products are disclosed. A separate Tenement Managing Group LLC entity, co-founded with HUD specialist Jim Kosiara in 2019, supplies dedicated HUD compliance, MOR/REAC inspection preparation, and AFHMP/LAP plan development capabilities.

Multihousing.com generates revenue primarily from monthly rental income on its owned portfolio of affordable multifamily units, with a secondary stream of fees from managing properties for third-party owners. Rents are set at affordable levels with income screening during the leasing process; specific pricing is not publicly disclosed. The company coordinates compliance with HUD, USDA RD, LIHTC, VHDA, NCHFA, and SCHFA programs through in-house specialists and direct working relationships with state housing finance agencies. Growth has been self-funded through property operations and acquisitions, with no evidence of institutional venture, private equity, or public-market backing in available materials.

Name

Multi-Housing

Legal name

Multihousing.com

Website

https://multihousing.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Multihousing.com is a private multifamily owner-operator that acquires and renovates underperforming affordable housing properties across 14 Eastern US states, leasing units directly to residents using its proprietary 5 C's management methodology.

Ownership category

akta.pro rank

Product category

Affordable Multifamily Housing / Real Estate Property Management

NAICS

Lessors of Residential Buildings and Dwellings (53111)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Multifamily Apartment Property Management (BPAJAFAA), Senior Living Property Management (BPAJAGAI)

Keywords

• Affordable multifamily housing
• Multifamily property management
• Value-add acquisitions
• Apartment repositioning
• Affordable rental communities

Headquarters

HQ city

North Palm Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Rental Income - Owned Properties: Primary revenue from renting residential multifamily units across their portfolio of owned properties. Units are affordable housing with comprehensive renovations and amenities typically found in higher-end properties.
2. Property Management Services: Fees earned from managing properties for third-party property owners, including day-to-day operations, tenant management, compliance with housing agencies, and asset repositioning.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Multi-Housing acquires, renovates, and operates affordable multifamily housing properties in underserved communities across 14 Eastern US states, leasing renovated units directly to residents. The company also provides third-party property management services to outside owners, using its proprietary 5 C's management methodology to stabilize and reposition assets while maintaining 95–98% occupancy.

Product overview

Multihousing.com operates as a multifamily owner-operator with two integrated service lines: Property Acquisition & Repositioning and Multifamily Property Management. The company acquires underperforming affordable housing assets, completes comprehensive renovations with high-end finishes, and manages the stabilized properties using the proprietary '5 C's' methodology. Residents access services through a dedicated portal for rent payments and maintenance requests. The portfolio spans 14 states across the Eastern US with approximately 10,000+ units transformed.

Differentiator

Problem solved

Functional benefit

Products and services

• Multifamily Property Management Full-service management of owned multifamily housing communities using the proprietary 5 C's methodology (Curb Appeal, Capacity, Collections, Cost, Cash Flow), delivering 95–98% occupancy across the portfolio.
• Property Acquisition & Repositioning Identification, acquisition, and renovation of underperforming multifamily properties in underserved markets, with comprehensive interior upgrades (wood vinyl plank flooring, 5¼" baseboards, glass mosaic/stone backsplashes) to elevate properties above typical affordable housing standards.
• Third-Party Property Management Services Management of multifamily properties on behalf of third-party owners, including day-to-day operations, leasing, maintenance, compliance with government housing programs, and financial reporting.

Quantifiable outcome

• 95-98% occupancy rate maintained across properties
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and supporting.

• Tenement Managing Group LLCcoreStrategic or Co-development Partner · 1 January 2019Company co-founded by Jay Biggins and Jim Kosiara in 2019, focusing on helping firms navigate the HUD approval process. Jim Kosiara serves as a consultant to Multihousing.com through this entity, providing HUD compliance services including database management, MOR & REAC inspection preparation, and AFHMP/LAP plan development.
• Virginia Housing Development Authority (VHDA)supportingOthersSharon Harrelson works closely with VHDA and other state housing agencies for property compliance and regulatory coordination across their portfolio.
• North Carolina Housing Finance Agency (NCHFA)supportingOthersSharon Harrelson coordinates with NCHFA for affordable housing compliance and regulatory requirements in North Carolina properties.
• South Carolina State Housing Finance and Development Authority (SCHFA)supportingOthersSharon Harrelson maintains working relationships with SCHFA for affordable housing regulatory compliance in South Carolina.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HallKeen Management: Affordable and mixed-income multifamily owner and third-party manager with a regional focus on the Eastern US. Comparable to Multihousing.com in affordable housing specialization and dual owned/managed portfolio model.
• WinnCompanies: One of the largest affordable and mixed-income multifamily owner-operators in the US, with a portfolio spanning 100,000+ units across multiple states. Closely comparable to Multihousing.com in its combination of property ownership, third-party management, and focus on affordable housing programs including LIHTC and HUD.
• Dominium: One of the largest affordable housing owners and managers in the US, with a value-add acquisition and development strategy. Closely matches Multihousing.com's affordable multifamily focus, LIHTC/USDA expertise, and owner-operator business model.
• The Michaels Organization: National affordable housing owner, developer, and manager with a vertically integrated model similar to Multihousing.com. Specializes in LIHTC, Section 8, and HUD-affiliated properties and operates both owned assets and third-party managed communities.
• The Related Companies: Large, diversified real estate firm whose Related Affordable division owns and manages tens of thousands of affordable housing units nationally. Comparable in affordable housing focus and program expertise, though significantly larger in scale.
• The NRP Group: Vertically integrated affordable multifamily developer, owner, and property manager with experience across LIHTC, HUD, and market-rate properties. Directly comparable to Multihousing.com's owner-operator and repositioning model.
• The Bascom Group: Value-add multifamily investor and operator with both owned assets and third-party management. Comparable to Multihousing.com's value-add acquisition and repositioning strategy, though Bascom operates more broadly across market-rate and affordable.

Broad incumbents

• Bell Partners: Large multifamily owner-operator and third-party manager with a portfolio concentrated in the Eastern US. Comparable to Multihousing.com geographically, though Bell operates more broadly across Class A and B multifamily rather than focusing exclusively on affordable.
• Greystar Real Estate Partners: World's largest multifamily property manager and major owner-operator with a broader, more market-rate-heavy portfolio than Multihousing.com. Relevant incumbent given shared property management expertise and prior employer connections in Multihousing.com's leadership.

Others

• Lument: Multifamily capital provider (formerly Hunt Mortgage Capital / Red Capital) that arranges debt and equity for affordable and market-rate multifamily transactions. Adjacent rather than directly competitive, but Brielle Biggins (Multihousing.com's VP Finance) previously interned at Lument, indicating an established relationship relevant to deal financing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/multi-housing-partners-iv-l.p.

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Multi-Housing