Westview Apartments

What Westview Apartments does

The Millennia Companies (the operating entity behind Westview Apartments and the broader portfolio) is a privately held multifamily housing owner, operator, and developer founded in 1995 and headquartered in Cleveland, Ohio. The company owns and operates more than 100 apartment communities across over 20 states, providing affordable, market-rate, and senior housing to thousands of residents, and employs more than 1,100 team members. Its operations are structured through three wholly-owned subsidiaries: Millennia Housing Management, Ltd. (property management), Millennia Housing Development, Ltd. (acquisition, recapitalization, and redevelopment), and Millennia Commercial Group, Ltd. (commercial real estate services).

The company generates revenue primarily through recurring rental income from its owned apartment portfolio, with a mix of affordable housing units (often LIHTC-subsidized), market-rate units, and senior-designated units. Its go-to-market is direct-to-consumer leasing via its company website's Community Search tool and on-site property management. The firm has facilitated substantial rehabilitation projects at more than 110 multifamily housing developments, utilizing financing tools including HUD loans, LIHTC equity, and Transformational Mixed-Use Development (TMUD) tax credits. Resident services programming is delivered by 40+ service coordinators at many sites, connecting residents to community resources.

The company's competitive positioning is anchored by scale (100+ communities, top-5 national affordable housing owner ranking), regulatory financing expertise (ranked #1 nationally in substantial rehabilitations per Affordable Housing Finance), and a vertically integrated model spanning acquisition, development, property management, and commercial services. Pricing is market-based per unit type and location and is not publicly disclosed. Distribution is direct through owned and managed properties, with brand awareness supported by social media and newsroom content marketing.

Name

Westview Apartments

Legal name

The Millennia Companies

Website

https://thewestviewapts.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Westview Apartments is a residential property within The Millennia Companies' portfolio of 100+ owned apartment communities across 20+ states, serving affordable, market-rate, and senior housing residents. The parent firm operates integrated property management, development, and commercial real estate services with 1,100+ employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Youngstown

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. Apartment Rental Income: Revenue generated from renting apartment units across more than 100 owned and operated apartment communities. Income derived from affordable housing and market rate units across over 20 states.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Westview Apartments is a residential apartment complex that provides suites and clubhouses with recreation amenities, operating as one community within The Millennia Companies' portfolio of more than 100 apartment communities across over 20 states. The community is part of a multifamily housing platform offering affordable, market rate, and senior housing, supported by professional property management and resident services programming with more than 40 service coordinators.

Product overview

The Millennia Companies operates as an integrated apartment housing platform offering a portfolio of property management, development, and commercial services. The core offerings include three distinct housing types (Affordable, Market Rate, and Senior apartments) managed through Millennia Housing Management, property acquisition and redevelopment through Millennia Housing Development, and commercial real estate services through Millennia Commercial Group. The company owns and operates over 100 apartment communities across 20+ states, with a resident services program featuring over 40 service coordinators delivering programming at many sites. The portfolio is supported by an online Community Search tool for prospective residents.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Apartments

Quantifiable outcome

• Ranked #1 Top Company Completing Substantial Rehabilitations
• +5 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• The Related Companies: Large diversified real estate developer and owner with a significant affordable and mixed-income housing arm. Highly comparable to Millennia given its mix of affordable, market-rate, and senior housing across multiple states.
• Apartment Investment and Management Company (Aimco): Large multifamily owner and operator across the U.S. While focused on market-rate, it competes for talent, capital, and residents with operators like Millennia and provides a benchmark for national scale.
• Equity Residential: Large publicly-traded apartment REIT operating hundreds of communities. Useful benchmark for institutional multifamily operations, though focused on urban market-rate rather than affordable housing.

Direct peers

• The NRP Group: National multifamily developer, owner, and property manager with deep affordable housing and LIHTC experience. Directly comparable in business model (develop/own/manage), tenant segments, and reliance on public financing.
• L+M Development Partners: Affordable and mixed-income housing developer and property manager active in multiple states. Closely comparable in scale, financing approach (LIHTC/HUD), and integrated development-plus-management model.
• National Church Residences: Senior housing and services nonprofit operating affordable and assisted living communities across multiple states. Closely comparable to Millennia's senior housing segment and service-rich operating model.
• Bozzuto Group: Privately-held multifamily developer, owner, and property manager with a strong resident-services focus. Comparable in integrated ownership/management model and mid-sized portfolio scope.
• WinnCompanies: National multifamily developer, owner, and property manager with significant affordable and military housing. Comparable in size, public-financing reliance, and resident-services orientation.
• Volunteers of America: National nonprofit operating affordable and senior housing communities with supportive services programming. Comparable to Millennia's senior resident segment and resident-services coordination model.
• The Community Builders: Nonprofit developer and manager of affordable and mixed-income multifamily housing. Comparable in affordable preservation focus, resident services programming, and reliance on public/private financing partnerships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/livemillennia
• Facebookfacebook.com/LiveMillennia
• LinkedInlinkedin.com/company/the-millennia-companies
• Instagraminstagram.com/millenniaco1

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 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 Westview Apartments