Landmark Property Management

What Landmark Property Management does

Landmark Property Management Company (LPMC) is the property management division of The Landmark Group of Companies, headquartered in Winston-Salem, North Carolina. Founded in 2001 by CEO and President Lisa Sari, the company manages approximately 3,700 apartment units across 86 communities in 9 states (Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Texas, and Virginia), with several hundred additional units reportedly under construction or in development. The portfolio is governed entirely under the Low Income Housing Tax Credit (LIHTC) Code, serving income-restricted working families and seniors (age-restricted 55+ and 62+ communities). The company specializes in both garden-style family housing and adaptive reuse historic properties, the latter preserving historic structures (e.g., former mills, schools, and downtown commercial buildings) as differentiated affordable housing assets.

The business operates a hybrid asset management and property management model with approximately 51-100 employees, including regional property managers, a Senior Compliance Specialist, a Director of Accounting, and an Accounts Payable function, indicating in-house compliance and financial controls rather than outsourced operations. Revenue is generated primarily through recurring monthly rental income from residential units (range approximately $229-$1,350 per month depending on property, unit size, and income restrictions) and commercial space rental, all under LIHTC income and rent restrictions. Distribution is entirely direct via on-site leasing offices at each of the 80+ properties, a centralized community search tool on lpmcliving.com, phone-based lead capture (336.714.8920), and individual property websites with dedicated marketing collateral.

LPMC is a privately held, family-connected enterprise operating as a captive management division of The Landmark Group (founded by Dewayne H. Anderson), with the Sari family holding CEO (Lisa Sari), VP (Sam Sari), and Director of Asset Management (Jack Sari) positions. No external institutional investment, private equity backing, or public listing has been disclosed. The company has no proprietary technology platform, no AI/ML capabilities, and no patent portfolio, positioning it as a pure-play operational property manager reliant on regulatory expertise in affordable housing compliance, scale advantages across 9 states, and a pipeline of historic adaptive reuse developments as core competitive differentiators.

Name

Landmark Property Management

Legal name

Landmark Property Management Company

Website

https://lpmcliving.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

Landmark Property Management Company is the property management division of the Landmark Group, managing approximately 3,700 LIHTC-governed apartment units across 86 communities in 9 states, serving income-restricted working families and seniors through garden-style and historic adaptive reuse properties.

Ownership category

akta.pro rank

Product category

Affordable Housing Property Management

NAICS

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

SIC

Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

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

akta.pro secondary industry

Senior & Assisted Living Residential Property Management (BPAJAFAE)

Keywords

• Affordable housing management
• LIHTC property management
• Apartment leasing services
• Senior housing communities
• Residential rental management

Headquarters

HQ city

Winston Salem

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, Technology or R&D

Revenue model

1. Residential Rental Income: Monthly rental income from apartment homes. Properties include income-restricted units with rent determined by income eligibility criteria. Mix of garden-style and adaptive reuse historic properties serving families and seniors.
2. Commercial Space Rental: Rental income from commercial space in addition to residential units.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Landmark Property Management Company operates as a property management division of The Landmark Group of Companies, managing a portfolio of more than 80 income-restricted apartment communities and commercial spaces across 9 states. The company specializes in both garden-style and adaptive reuse historic assets governed under the Low Income Housing Tax Credit (LIHTC) Code, serving families and seniors with affordable rental housing, on-site leasing, day-to-day operations, maintenance, and emergency services.

Product overview

Landmark Property Management Company operates as a property management division of the Landmark Group of Companies, managing residential apartment communities across 9 states. The company manages a portfolio of over 3,700 apartment units across 86 communities, including both garden-style and adaptive reuse properties. Their communities specialize in affordable, income-restricted housing governed under the Low Income Housing Tax Credit Code, serving both families and seniors. Rather than a unified software platform, the company offers property management services through individual apartment communities, each with its own branding, amenities, and property management. The portfolio includes senior living communities with age restrictions (55+, 62+), family housing communities, and historic adaptive reuse properties. This is not a technology product platform but a service-based property management company.

Differentiator

Problem solved

Functional benefit

Products and services

• Johnson Lakes Apartments

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 indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• WinnCompanies: WinnCompanies is one of the largest US affordable-housing property managers, with deep LIHTC and Section 8 portfolios and a presence in many of the same Mid-Atlantic and Southeastern states. Compares to Landmark on third-party fee-based management of income-restricted multifamily housing for institutional and nonprofit owners.
• Dominion Management Group: Dominion Management Group provides property management for affordable and conventional multifamily housing across the Mid-Atlantic. Closely comparable to Landmark on LIHTC and subsidized property management services, especially in NC, VA, and PA markets.
• The Community Builders: The Community Builders is a nonprofit developer and property manager of affordable, mixed-income, and senior housing across multiple Eastern states. Comparable to Landmark as an income-restricted portfolio manager with both new construction and historic-reuse exposure.
• Conifer Realty: Conifer Realty is a large LIHTC-focused multifamily owner and property manager with a portfolio spanning similar Eastern US geographies. Directly comparable to Landmark Property Management in specializing in affordable, income-restricted rental housing, including senior and family communities, and managing third-party fee portfolios at comparable scale.
• Preservation Management: Preservation Management is a regional affordable-housing property manager operating in the Mid-Atlantic and Southeast, providing third-party management of LIHTC and subsidized properties. Direct peer to Landmark on affordable PM service model, geography, and senior/family mix.
• The NRP Group: The NRP Group is a vertically integrated LIHTC developer, owner, and property manager with a strong Southeastern US footprint. Closely comparable to Landmark in delivering and managing affordable family and senior housing in markets like NC, VA, SC, and GA.
• Michaels Management Development: Michaels Management Development is an East Coast affordable-housing PM firm with significant LIHTC and HUD portfolio exposure. Comparable to Landmark on third-party affordable management services, including senior housing, across overlapping states.
• Enterprise Community Partners: Enterprise Community Partners owns/operates a large affordable housing portfolio (Enterprise Homes) and is a major LIHTC syndicator. Comparable to Landmark on affordable housing operations and on being a vertically integrated owner/manager of LIHTC product, though at a much larger scale.

Broad incumbents

• Pinnacle Property Management: Pinnacle is a large national third-party multifamily property manager with meaningful affordable housing exposure. Comparable to Landmark as a fee-based PM operating affordable and conventional product across multiple states, but with broader conventional focus.
• Greystar Real Estate Partners: Greystar is the largest US multifamily property manager and a major owner with a growing affordable and workforce housing arm. Comparable to Landmark in the third-party PM business model and Southeastern geographic exposure, though vastly larger and broader in product mix.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/lpmcliving
• LinkedInlinkedin.com/company/landmark-property-management-co-

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Landmark Property Management