Period Property Management

What Period Property Management does

Period Property Management is a privately held, family-run residential property management company founded in 1964 and headquartered at 144 Sudbury Road in Concord, Massachusetts. The company owns, manages, and maintains a portfolio of nine named properties — Concord Crossing, Elsinore Street Apartments, Hawthorne Village, Hemlock Lane, Warner Woods, Wedgewood Common, Thoreau Gardens, DIGI Properties, and Period RT — comprising apartments, townhouses, single-family homes, and select commercial buildings concentrated in Concord and Maynard, Massachusetts. Units range from studios to three-bedroom townhouses, with rents spanning roughly $1,950 to $3,200 per month and several properties including gas heat/hot water in the rent. A portion of the inventory is designated affordable housing, managed in partnership with MCO Housing Services for waitlist and lottery administration.

The business operates on a direct-to-consumer model with no third-party brokers or listing platforms. Leasing, showings, applications, and rent collection (mail, in-person, or bank auto-pay) are handled in-house through a single Concord leasing office supported by phone, text, and email channels. The technology stack is conventional residential rental infrastructure — Xfinity-wired units, energy-efficient appliances, and 24/7 emergency maintenance — with no proprietary software, mobile app, or digital tenant platform in evidence. Tenants are qualified against income standards (rent ≤ 33-35% of net income) and a minimum 600 credit score; instead of a security deposit, the company requires last month's rent in escrow at application.

Revenue is generated almost entirely from recurring monthly residential rental income across the portfolio, supplemented by ancillary parking fees ($35-$200/month) and the affordable housing program. The customer base is fragmented across individual residential renters — primarily commuters to the Boston area using MBTA rail access and income-qualified affordable housing applicants — with no enterprise or anchor tenant dependencies. Strategic activity in the available data is limited to incremental organic expansion (e.g., a new townhome at 20 Grant Street under the DIGI Properties sub-brand, the Period RT sub-brand) and the MCO Housing Services partnership for affordable unit administration.

Name

Period Property Management

Legal name

Period Property Management

Website

https://periodpropertymanagement.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

11–50 employees

Short description

Period Property Management is a family-run residential property management company founded in 1964 that owns and operates a portfolio of nine apartment, townhouse, and single-family properties across Concord and Maynard, Massachusetts, leasing units directly to individual renters and income-qualified affordable housing tenants.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

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

Keywords

• Residential property management
• Apartment rentals
• Multi-family housing
• Residential leasing services
• Townhouse rentals

Headquarters

HQ city

Concord

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential Rental Income: Monthly rental payments from tenants occupying apartments, townhouses, and single-family homes. Rent is due on or before the first of each month. Tenants pay via mail, drop-off at leasing office, or automatic bank payments. Revenue is recurring on a monthly basis.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Period Property Management owns, manages, and maintains residential rental properties including apartments, townhouses, single-family homes, and commercial buildings in Concord and Maynard, Massachusetts. The company leases units directly to tenants on a monthly recurring basis, offering studio through three-bedroom configurations across a portfolio of nine named properties with amenities such as gas heat and hot water, parking, energy-efficient appliances, and 24/7 emergency maintenance.

Product overview

Period Property Management is a family-run residential property management company established in 1964 that owns, manages, and maintains apartments, townhouses, single-family homes, and commercial buildings in Concord and Maynard, Massachusetts. The company operates as a portfolio of nine named property offerings: Elsinore Street Apartments (multi-building complex), Thoreau Gardens (multi-address portfolio), DIGI Properties, Concord Crossing, Hawthorne Village, Hemlock Lane, Warner Woods, Wedgewood Common, and Period RT. Each property offers varying unit types from studios to three-bedroom townhouses with amenities including updated appliances, central AC, parking, and 24/7 emergency maintenance services. The company does not operate as a software platform but provides traditional residential property management services.

Differentiator

Problem solved

Functional benefit

Brands

• Period RT: Rental program or property division offering residential units
• Elsinore Apartments
• Warner Woods
• DIGI Properties
• Concord Crossing
• Hawthorne Village
• Hemlock Lane
• Wedgewood Common
• Thoreau Gardens

Products and services

• Elsinore Street Apartments Six-building residential complex offering one and two-bedroom apartments in a quiet Concord Center neighborhood, featuring renovated units with new stainless steel kitchens, granite countertops, and LVP or hardwood flooring. Targeted at residential tenants in the Concord, MA area.
• Thoreau Gardens Multi-location apartment portfolio at various Thoreau Street and Walden Street addresses in Concord, offering one and two-bedroom units with varying floor plans, new stainless steel appliances, and granite countertops. Targeted at residential tenants in Concord, MA.
• DIGI Properties Residential property at 142 Belknap Street and upcoming townhome at 20 Grant Street in Concord, MA. Targeted at residential tenants in the Concord area.
• Concord Crossing Modern studio and one-bedroom apartment complex near commuter rail with E-Star rated appliances, grey toned berber carpeting, central AC, elevator, and coin-operated laundry facilities. Targeted at commuters working in the Boston area who want access to the MBTA commuter rail.
• Hawthorne Village Historic three-level two-bedroom, 1.5-bathroom townhouses with finished basements, private patios, vaulted stairways, and fully equipped kitchens featuring new stainless steel and granite countertop renovations. Targeted at residential tenants and families in Concord, MA.
• Hemlock Lane Garden-style apartments at 141, 143, and 145 Waltham Street in Maynard, MA, featuring spacious layouts with balconies or patios, eat-in kitchens, and gas heat included in rent. Targeted at residential tenants in Maynard, MA.
• Warner Woods Large studio, one, and two-bedroom apartments near West Concord with fully applianced kitchens, gas for heat and hot water included, and select affordable housing units available through lottery. Targeted at residential tenants including income-qualified affordable housing applicants.
• Wedgewood Common Sixty-nine townhouse apartments in West Concord offering one, two, and three-bedroom units with fully applianced kitchens, balconies, finished lower levels with LVP flooring, and optional garage parking. Targeted at residential tenants and families in West Concord, MA.
• Period RT Duplex-style townhouse property at 7 Byron Street in Concord, MA, featuring 2-level 3-bedroom, 1-bathroom units with included utilities (water, sewer, snow removal, landscaping) and shared parking. Targeted at families seeking larger rental units in Concord, MA.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• MCO Housing Services Inc.coreChannel Partner/ Reseller/ DistributorMCO Housing Services Inc. manages the affordable housing waiting list for Period Property Management properties. Tenants interested in affordable units at Warner Woods and other properties must contact MCO at P.O. Box 372, Harvard, MA 01451, 978-456-8388 to be added to the official affordable housing waitlist. This partnership enables Period Property Management to comply with affordable housing requirements.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• WinnCompanies: Boston-headquartered residential owner/operator with significant Massachusetts multifamily and affordable housing exposure. Comparable in operating model (own + manage + maintain) and product mix (apartments, townhouses, mixed-income).
• The Dolben Company: Massachusetts-based multifamily owner/operator with a portfolio of apartment communities across Greater Boston. Comparable regional focus, ownership-plus-management model, and product type (garden-style to mid-rise apartments).
• Wingate Companies: Needham, MA-based multifamily owner/operator and property manager active in the Boston metropolitan area. Direct peer in geography and product offering (market-rate apartments and mixed-income housing).
• Peabody Properties: New England-based residential property management firm with a similar mix of market-rate and affordable housing units in Massachusetts. Closest direct peer given regional overlap, multi-property portfolio structure, and affordable housing program administration.

Broad incumbents

• Camden Property Trust: Public multifamily REIT operating apartment communities across the US. Relevant comparable for the apartment ownership and third-party management model, though at national scale and with a portfolio focused on larger Sunbelt markets.
• Greystar Real Estate Partners: Largest US residential property manager and operator with multifamily and student housing portfolios nationwide, including New England. Comparable operating discipline and service offering, but operates at vastly greater scale across many metros.
• Equity Residential: Public multifamily REIT with a notable Boston-area apartment portfolio. Comparable product type (urban and suburban rental apartments) but operates as a national, institutionally-owned portfolio versus a family-run local operator.
• AvalonBay Communities: Public multifamily REIT with a large New England apartment portfolio. Operates in the same product category (garden-style and mid-rise apartment communities) but as a national institutional platform with Class A focus rather than a small regional owner/operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/periodrealty
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/period-realty-trust

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 Period Property Management