Meridian Property Management

What Meridian Property Management does

Meridian Property Management, LLC is a privately held, locally owned property management company headquartered at 2832 Sheyenne St, West Fargo, North Dakota. Founded in 2012, the firm manages a portfolio of over 1,600 residential rental units across the Fargo-Moorhead-West Fargo metro and surrounding North Dakota and Minnesota communities, including Horace, Hillsboro, and Mayville. The portfolio spans apartments, townhomes, twin homes, and single-family homes, with all properties smoke-free and a substantial share pet-friendly. The company is led by founder Rob Attinger and General Manager Tim How, supported by a team of approximately 15-20 staff covering property management, leasing, maintenance, financial accounting, and collections functions.

The core operating platform is AppFolio Property Manager, which powers online leasing applications, the resident portal (web and mobile apps on iOS and Android), rent collection, and maintenance request workflows. The company supplements AppFolio with ButterflyMX smart-building entry hardware to manage package and visitor access, and partners with Obligo to offer qualified renters a deposit-free move-in option. A $250 mutual referral credit incentivizes existing residents to refer new tenants signing 12-month leases. The company has earned Top 5 Apartment Rental Company recognition from Best of the Red River Valley in both 2021 and 2022, holds BBB accreditation, and operates as an Equal Housing Opportunity provider.

Revenue is generated primarily through recurring monthly rental income across the 1,600+ unit base, supplemented by transactional application fees ($75 per applicant), one-time non-refundable pet fees ($500 per cat, $500-$1,000 per dog plus a $60 DNA test), and premium pricing on a corporate/furnished rental product line that bundles utilities, internet, and furnishings for business travelers and temporary residents. GTM motion is direct-to-consumer via the company website, AppFolio self-serve portal, phone, and in-person leasing at the West Fargo office, with community events and a referral program as supporting channels. No institutional funding, M&A activity, or AI/ML capability disclosures are present in the available data.

Name

Meridian Property Management

Legal name

Meridian Property Management, LLC

Website

https://mpmfm.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Meridian Property Management is a locally owned West Fargo, North Dakota-based property management firm managing 1,600+ rental units across the Fargo-Moorhead-West Fargo metro, serving individual renters and corporate/furnished tenants through the AppFolio platform and direct-to-consumer leasing.

Ownership category

akta.pro rank

Headquarters

HQ city

West Fargo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Residential Rental Income: Monthly rental income from managing over 1,600 residential units including apartments, townhomes, twin homes, and single-family homes
2. Application Fees: $75 per applicant for background screening and credit checks
3. Pet Fees: Non-refundable pet fees: $500 for cats, $500-$1000 for dogs plus $60 DNA test fee

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Meridian Property Management is a locally owned property management company that operates and leases approximately 1,600+ residential rental units across the Fargo-Moorhead-West Fargo metro area. Its core offering includes single-family homes, twin homes, townhomes, and apartments available as standard unfurnished leases or as all-inclusive corporate/furnished rentals with utilities, internet, and household essentials. Tenant operations are supported by an AppFolio-powered online resident portal for rent payment, maintenance requests, and communication.

Product overview

Meridian Property Management offers a unified property management service covering approximately 1,600 rental units across the Fargo-Moorhead-West Fargo metro area. The core offering consists of residential rental properties (single-family homes, twin homes, townhomes, and apartments) available as standard unfurnished units or short-term corporate/furnished rentals. A key supplementary service is the Resident Portal, powered by AppFolio, which provides tenants with online rent payment, maintenance request submission, and communication tools. The company also offers pet-friendly housing, deposit-free rental options through Obligo, and maintains a referral program.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Rental Properties

Quantifiable outcome

• Top 5 Apartment Rental Company recognition by Best of the Red River Valley 2021 and 2022 with nearly 150,000 votes cast
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Froggy 99.9minorGTM or Marketing Partner · 12 October 2022Local radio station partnered with Meridian for rental home open house event, providing marketing support and promotional giveaways (Carrie Underwood tickets).
• AppFoliocoreTechnology or IntegrationAppFolio provides the property management software platform powering Meridian's online leasing, resident portal, rent collection, and maintenance tracking. The partnership enables digital-first property management operations.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Others

• RealPage: Enterprise property management software platform serving the multifamily industry. Adjacent to Meridian via the property technology stack; competes with AppFolio as a platform alternative that Meridian could adopt.
• Apartment Life: Resident experience and engagement service provider serving multifamily operators. Comparable end customer (apartment renters) but adjacent/ecosystem rather than directly competitive with Meridian.
• AppFolio: Core property management software vendor powering Meridian's resident portal, online leasing, and maintenance workflows. Upstream technology provider rather than a competitor, but represents the platform Meridian's operations depend on.

Broad incumbents

• BH Management Services: Multifamily residential property manager overseeing ~90,000 units with full-service operations including online leasing and resident portals. Most direct comparison to Meridian at scale in terms of service model.
• Cushman & Wakefield: Global real estate services firm offering residential property management, brokerage, and advisory. Overlaps with Meridian on residential property management and single-family rentals but operates within a much broader real estate services platform.
• Lincoln Property Company: Large, national residential property management and multifamily operator with a similar full-service model covering leasing, maintenance, and resident portals. Comparable service breadth but national geographic reach versus Meridian's single-metro focus.
• RPM Living: Tech-enabled multifamily property manager covering ~250,000 units nationwide. Comparable service portfolio (leasing, maintenance, resident portal) but serves institutional owners across multiple metros.
• Bozzuto Group: Residential property management company with portfolio of ~80,000 units across the eastern U.S. Overlaps with Meridian on full-service residential management including furnished corporate housing. Different geographies but similar vertically integrated residential focus.
• Hawthorne Residential Partners: Residential property manager of ~100,000 units primarily across the Sun Belt. Comparable full-service residential focus and tech-enabled operations but operates at much larger geographic and unit scale.
• Greystar Real Estate Partners: Largest U.S. residential property management company managing over 800,000 units. Shares Meridian's core focus on leasing, maintenance, and resident services for apartments and townhomes but at vastly greater national scale and institutional backing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MeridianPropertyFM

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Meridian Property Management