What AK & Associates does

AK & Associates, Inc. (DBA: AK & Associates / AKA Real Estate Advisors) is a privately-held real estate advisory and property management firm headquartered at 3146 Montrose Avenue in Glendale, California. The company provides an integrated suite of services spanning commercial and residential brokerage (sales and leasing), commercial and residential property management, rehabilitation and renovation with construction management, and investment advisory for real estate investors. Its primary customers are Southern California property owners, developers, and investors, alongside commercial and residential tenants, with stated national service capability.

The firm's technology stack is built on AppFolio Property Manager, a third-party SaaS platform that powers online tenant and owner portals accessible via web and mobile apps. These portals enable self-service rent payment, maintenance requests, owner financial statements, document sharing, and 24/7 account access. The firm does not develop proprietary technology, APIs, or AI capabilities; all digital infrastructure is delivered through the AppFolio partnership.

Revenue is generated across three streams: commission-based brokerage fees on property sales and leases, recurring property management fees on managed commercial and residential portfolios, and project-based fees for rehabilitation and renovation services. Notable commercial transactions include the $9.3M Shops at Topaz sale, the $5.175M Shops at Sierra Lakes sale, and a $3.3M multi-unit residential redevelopment in Korea Town. The company is led by principal Ara Karapetian (CCIM, CPM), supported by a small team of licensed agents and real estate professionals.

Name

AK & Associates

Legal name

AK & Associates, Inc.

Website

https://akaincla.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

AK & Associates is a Glendale, California-based real estate advisory and property management firm offering commercial and residential brokerage, property management, renovation, and investment advisory services to Southern California property owners, investors, and tenants, using AppFolio for digital portal delivery.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage and Property Management

NAICS

Offices of Real Estate Agents and Brokers (53121), Real Estate Property Managers (53131), Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Commercial real estate brokerage
• Residential property leasing
• Property management services
• Real estate investment advisory
• Rehabilitation and renovation

Headquarters

HQ city

Glendale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Brokerage: Commission-based real estate brokerage services for commercial and residential properties. Handles sales and leasing transactions for clients in California and nationally.
2. Property Management: Property management fees for commercial and residential properties. Services include lease administration, budgeting, accounting, vendor management, tenant relations, and maintenance.
3. Rehabilitation/Renovation Services: Construction management and renovation services for residential and commercial properties, including building maintenance, repair, and preventive maintenance programs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

AK & Associates, Inc. is a real estate and property management firm providing commercial and residential brokerage (sales and leasing), commercial and residential property management, rehabilitation/renovation/construction management, and investment advisory services. Customers are primarily commercial property owners, investors, developers, and tenants across Southern California, with selective national reach, supported by AppFolio-powered Tenant and Owner web/mobile portals.

Product overview

AK & Associates, Inc. is a real estate advisory and property management company offering a unified suite of services. The core offerings consist of Commercial and Residential Brokerage Services (sales and leasing), Commercial and Residential Property Management, Rehabilitation/Renovation Services, and Investment Advisory Services. These are complemented by digital platforms including a Tenant Portal (for rent payment, maintenance requests, and communication) and an Owner Portal (for financial statements and payment management), both powered by AppFolio Property Manager technology.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Brokerage Services Tenant and owner representation for commercial real estate, including sales and leasing of commercial properties such as shopping centers, community centers, multi-family, industrial, and urban mixed-use developments. Targeted at commercial property owners, investors, developers, and tenants across California and nationally.
• Residential Brokerage Services Tenant and owner representation for residential real estate, including sales and leasing of single-family homes, multi-family homes, condos, and other residential properties. Targeted at residential owners, buyers, and tenants.
• Commercial Property Management Comprehensive property management services for commercial properties covering lease administration, budgeting, property accounting, operating expense reconciliation, 24/7 emergency response, vendor management, contract administration, tenant relations, marketing campaigns, professional photography, and preventive maintenance. Targeted at commercial property owners.
• Residential Property Management Property management services for residential properties, managing investments efficiently and effectively on behalf of residential property owners.
• Rehabilitation and Renovation Services Full rehabilitation and renovation services for residential and commercial properties, including building maintenance, repair, preventive maintenance programs, and construction management for building renovations. Targeted at owners repositioning assets for sale or higher-value use.
• Investment Advisory Services Turnkey investment solutions for real estate investors using a boots-on-the-ground approach, identifying investor objectives and providing personalized support for commercial or residential space acquisition. Targeted at investors seeking acquisition, disposition, or repositioning guidance.
• Tenant Portal Online portal for tenants to pay rent online, submit maintenance requests, view account information, communicate with management, and manage renters insurance. Accessible via web and dedicated mobile apps for iOS and Android.
• Owner Portal Online portal for property owners to view financial statements, access shared documents, set up payment options, make and receive payments, and access 24/7 property insights and communication with management.

Quantifiable outcome

• Multi-unit residential redevelopment project sold for $3,300,000 in Korea Town, Los Angeles
• +4 more outcomes

Named customers14 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

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• AppFoliocoreTechnology or IntegrationTechnology platform provider for tenant and owner portals. Company uses AppFolio Property Manager for online tenant portal (rent payments, maintenance requests, communication) and owner portal (financial statements, document access, online payments).
• CCIM InstituteminorOthersIndustry affiliation for principal Ara Karapetian who holds the CCIM designation since 2005 - commercial real estate industry's highest and most prestigious designation.
• IREM (Institute of Real Estate Management)minorOthersIndustry affiliation for principal Ara Karapetian who holds the CPM designation - Commercial Real Estate Management's highest and most prestigious designation.
• AIR Commercial Real Estate AssociationminorOthersIndustry association affiliation listed on company website.
• Commercial Realtor AssociationminorOthersIndustry association affiliation listed on company website.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Greystar Real Estate Partners: The largest multifamily property management and investment firm in the U.S. While primarily multifamily-focused and national in scope, it competes for residential property management mandates that overlap with AK & Associates' residential property management offering.

Broad incumbents

• Cushman & Wakefield: A global commercial real estate services firm operating across brokerage, property management, valuation, and advisory. Overlaps with AK & Associates in commercial brokerage and investment sales, but with materially broader service portfolio and institutional reach.
• CBRE Group: The world's largest commercial real estate services firm with full-service brokerage, property management, and investment advisory. Overlaps with AK & Associates in commercial brokerage and property management, but competes with a global platform and institutional client base the smaller firm cannot match.
• Colliers International: A global commercial real estate services firm offering brokerage, property management, and investment advisory across all major asset classes. Comparable at the service-line level (brokerage, PM, investment sales) but operates at vastly larger scale and broader geographic reach than AK & Associates.
• JLL (Jones Lang LaSalle): A global real estate services and investment management firm with brokerage, property management, and capital markets advisory offerings. Comparable service lines but at significantly larger scale and broader geographic and asset-class coverage than AK & Associates.

Direct peers

• Lee & Associates: A commercial real estate services firm with strong West Coast presence offering brokerage, property management, and advisory. Highly comparable in service mix, asset class focus (retail, multifamily, industrial), and Western U.S. geographic orientation.
• NAI Capital: A Southern California commercial real estate brokerage and property management firm serving investors and owners across the region. Comparable given geographic overlap in SoCal, similar full-service model (brokerage + property management), and focus on shopping centers, multifamily, and investment sales.
• Marcus & Millichap: A large U.S. commercial real estate investment brokerage specializing in the sale and financing of commercial properties including shopping centers, multifamily, and mixed-use assets. Highly comparable to AK & Associates given overlapping focus on investment advisory and commercial property transactions across similar asset classes.
• Kidder Mathews: A West Coast-focused commercial real estate firm offering brokerage, property management, and advisory services. Directly comparable to AK & Associates given the regional Southern California footprint, similar service lines (brokerage + property management), and overlapping client base of property owners and investors.

Others

• AppFolio: A property management software platform that powers AK & Associates' tenant and owner portals. Listed as a technology/integration partner rather than a direct competitor, but is the operational backbone of the firm's digital property management offering and shapes its service delivery economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/arakcomm
• Facebookfacebook.com/AKArealestate

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 AK & Associates