Fred A. Smith Company

What Fred A. Smith Company does

Fred A. Smith Company is a privately-held property management firm headquartered at 730 24th Street NW Suite 19 in Washington, DC, operating continuously since 1946. The firm manages 2,000+ residential units across the District of Columbia and Maryland suburbs (including Georgetown, Capitol Hill, Bethesda, and Silver Spring), serving individual property owners, long-term investors with multi-unit and multi-building complexes (4 to 800 units), condominium associations, and clients seeking standalone outsourced administration and bookkeeping.

The company's product portfolio consists of four interconnected service lines: Multi-Unit Building Management, Residential Property Management (single-family, townhouse, and condominium), Outsourced Administration & Bookkeeping, and Condominium Association Management. The underlying technology layer is a conventional web-based platform featuring an online tenant portal for maintenance requests and rental applications, rent collection automation, property inspection systems, and financial reporting. No public-facing API, mobile application, or AI/ML capabilities are disclosed. The technology is positioned as operational infrastructure rather than a differentiated platform, with the company's value proposition resting on human-driven domain expertise in DC rent control, landlord-tenant compliance, and government licensing.

Revenue is generated primarily through recurring percentage-based management fees of 8-12% of monthly rental income, supplemented by professional services revenue from bookkeeping and condo association contracts. The go-to-market motion is direct sales/inside sales: property owners contact FAS by phone (202.337.5080) or website form for a free property analysis and quote, with services delivered directly to end customers. Marketing relies on content (the FAS Blog authored by Nicholas Wallis), SEO, Google Reviews, and referrals. The firm operates with 11-50 employees and is not funded by external institutional capital.

Name

Fred A. Smith Company

Legal name

Fred A. Smith Company

Website

https://fasdcrentals.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

11–50 employees

Short description

Fred A. Smith Company is a privately-held Washington, DC property management firm founded in 1946, managing 2,000+ residential units across DC and Maryland for individual owners, multi-unit investors, and condominium associations via percentage-based recurring management fees.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

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

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)

akta.pro industry

PRIMARYBPAJAFAH

HOA / Condominium Association Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

SECONDARYBPAJAHAA

Condominium Association Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/HOA/Condominium Association Management

Keywords

• Residential property management
• Multi-unit building management
• Condominium association management
• Property bookkeeping services
• Tenant placement services

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Fees: Ongoing property management services including tenant placement, rent collection, maintenance coordination, and property oversight. Fees are typically a percentage of monthly rental income.
2. Outsourced Bookkeeping Services: Administrative and bookkeeping services for property owners and condominium associations, including accounting, billing, and tax payment management.
3. Condominium Association Management: Full-service management for condominium associations including financial management, meeting support, and vendor coordination.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Fred A. Smith Company provides professional property management services in the Washington DC and Maryland area, covering tenant placement, rent collection, maintenance coordination, government licensing compliance, and financial reporting for residential and multi-unit properties. The company manages over 2,000 units ranging from single-family homes to 800-unit apartment buildings and condominium associations, supported by an online tenant portal for maintenance and account management.

Product overview

Fred A. Smith Company offers a suite of property management services delivered as a unified service offering rather than a modular platform. The core portfolio consists of four interconnected services: Multi-Unit Building Management (handling properties from 4 to 800 units), Residential Property Management (single-family homes, townhouses, and condominiums), Outsourced Administration & Bookkeeping, and Condominium Association Management. Together these services encompass the full spectrum of property management needs including tenant placement, rent collection, maintenance coordination, financial record-keeping, government licensing compliance, and vendor management.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Unit Building Management Comprehensive property management for apartment buildings ranging from 4 to 800 units; covers day-to-day tenant needs, emergency services, maintenance and repairs, and rental department functions to fill vacant units.
• Residential Property Management Property management services for single-family homes, townhouses, and condominiums; includes tenant placement, rent collection, government licensing support, and full maintenance and repair coordination.
• Outsourced Administration & Bookkeeping Outsourced bookkeeping services for property owners; handles rent collection, tax payments, payroll management, and DC regulations compliance with accurate record-keeping by trained staff.
• Condominium Association Management Professional management services for condominium associations and HOAs; includes financial reporting, assessment collection, meeting support, vendor coordination, maintenance tracking, and resident communication.

Quantifiable outcome

• Over 15 years of successful property management for individual clients
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Coldwell Banker Property Management: Property management services offered through a large national real estate brokerage network. Provides overlapping residential and condo association capabilities as part of a broader real estate platform.

Direct peers

• FirstService Residential: One of the largest residential property and condominium association managers in North America. Directly comparable to FAS's condo association and residential property management offerings, though at far greater geographic scale.
• Lincoln Property Company Residential: National residential property manager with a sizable mid-Atlantic portfolio. Competes directly with FAS in the multi-unit and residential property management categories.
• Greystar Real Estate Partners: Global leader in apartment investment, development, and management, including multifamily rental operations. Comparable to FAS's Multi-Unit Building Management line, though operating at enterprise scale.
• Property Management Inc. (PMI): Franchise-based residential and commercial property management network with strong DC-area presence. Overlaps with FAS's residential, multi-unit, and condo association services.
• Bozzuto Group: Mid-Atlantic-focused real estate firm with property management services for apartments, condos, and mixed-use communities. Highly comparable geographic footprint and product set to FAS.
• Associa: Largest community association management company in the U.S., focused on HOAs, condominiums, and planned communities. Overlaps directly with FAS's Condominium Association Management and residential services.

Regional players

• Long & Foster Real Estate / Property Management: Mid-Atlantic residential brokerage with affiliated property management services across DC, Maryland, and Virginia. Comparable DC-area customer base and residential management focus.
• Weichert Property Management: Residential property management arm of the Weichert real estate network with notable presence in the DC metro and mid-Atlantic. Competes for similar SMB owner and condo association customers.
• McEnearney Property Management: Washington DC-area boutique property manager serving residential owners, condo associations, and small multi-unit buildings. Highly comparable in scale, geography, and service mix to FAS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fred-a-smith-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Fred A. Smith Company