ALMA Property Management Services Inc.

What ALMA Property Management Services Inc. does

ALMA Property Management Services Inc. operates the RealManage brand, a community association management company that provides HOA and condominium management services across 12 U.S. states. The company manages 3,500+ communities encompassing 950K+ individual homes, with 60+ office locations providing local support backed by national resources and headquartered in Plano, Texas. Its service offering spans core community management (administrative, financial, compliance, maintenance) plus value-added modules including Construction Services, Insurance Services, Tax & Audit Services, Community Banking, Collections, and Architectural Review. The company has operated for over 20 years and serves diverse community types including single-family HOAs, townhomes, master-planned communities, condominiums, high-rises, mixed-use developments, and developer-led new communities, plus a self-managed communities offering for budget-conscious associations.

The underlying technology is the CiraNet platform, a purpose-built community management system featuring integrated portals for board members, residents, attorneys, and vendors. The platform delivers 24/7 financial transparency, document storage, violation tracking, online payment processing, and automated workflow approvals. RealManage generates revenue through recurring subscription-based management fees paid by community associations, with quote-based pricing tied to community size and service requirements. The go-to-market is consultative enterprise sales targeting HOA boards and community developers, supported by an inside sales phone operation and a website-based request-for-proposal channel. Distribution is executed through a hub-and-spoke model where local on-site teams deliver responsive service while centralized technology and back-office systems provide operational leverage. Documented customer outcomes include 34% lower water costs and $200K+ savings achieved for Stonebridge Ranch, $2M+ projected revenue generated for FishHawk Ranch through a negotiated fiber-provider revenue-sharing agreement, and a complete operational turnaround in four months at the 101 Eola luxury high-rise.

Name

ALMA Property Management Services Inc.

Legal name

RealManage

Website

https://almapropertymanagement.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

ALMA Property Management Services Inc. operates RealManage, a community association management company that provides HOA and condominium management services to 3,500+ communities and 950K+ homes across 12 U.S. states, combining local support teams with a purpose-built technology platform.

Ownership category

akta.pro rank

Product category

HOA and Community Association Management

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Nonresidential Property Managers (531312), Services to Buildings and Dwellings (5617)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Facilities Support Management Services (8744), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Homeowners Association (HOA) Management (BPAJAHAB)

akta.pro secondary industries

Master-Planned Community & POA Management (BPAJAHAD), Mixed-Use Community Association Management (BPAJAHAF), Townhome & PUD Association Management (BPAJAHAE), New Development / Declarant Transition Management (BPAJAHAK), Association Compliance, Governance & Board Support Services (BPAJAHAN), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

Keywords

• HOA management
• Community association management
• Property management services
• HOA accounting services
• Community management platform

Headquarters

HQ city

Plano

HQ country

United States

HQ region

North America

Offices48 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. HOA Community Management Services: Recurring management fees for HOA communities covering administrative, financial, compliance, and maintenance services. Revenue generated through ongoing management contracts with residential communities including single-family, townhomes, condominiums, and high-rises.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

ALMA Property Management Services Inc. (doing business as RealManage) provides full-service HOA and community association management for residential communities including single-family neighborhoods, townhomes, condominiums, master-planned developments, high-rises, and mixed-use properties. The company pairs dedicated local community support teams with a purpose-built technology platform featuring integrated portals for financials, documents, payments, and communication, delivering administrative, financial, compliance, and maintenance services under recurring management contracts.

Product overview

RealManage offers a unified community association management platform with purpose-built technology combining local personalized support with national resources. The core platform includes built-in portals (Board, Resident, Attorney, Vendor, CiraNet Closing Portal, CiraNet Vendor Portal) providing 24/7 financial transparency, document management, violation tracking, and payment processing. This is supplemented by value-added service modules including Financial Management, Collections, Compliance & Deed Restriction Management, Construction Services, Insurance Services, Tax & Audit Services, Architectural Review & Approvals, Vendor & Maintenance Coordination, and Onsite Staffing & Lifestyle Services. The platform serves diverse community types including Single-Family HOA, Townhomes, Master-Planned, Condominiums, High-Rises, Mixed-Use, Developers, and Self-Managed communities across 12 U.S. states.

Differentiator

Problem solved

Functional benefit

Products and services

• RealManage Community Association Management

Quantifiable outcome

• 34% lower water costs and $200K+ total savings achieved for Stonebridge Ranch community
• +2 more outcomes

Named customers3 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• Buildium: SaaS property management platform serving small-to-mid HOAs, condo associations, and rental portfolios. Comparable as a technology-centric competitor serving the same end customers with self-service tools.
• Vantaca: Cloud-native SaaS platform purpose-built for HOA and community association management. Comparable as a technology-led competitor targeting the same HOA market with modern software-first approach.
• Blue Mountain Real Estate Technologies: HOA software platform serving community associations and management companies. Comparable as a technology competitor in the same niche with overlapping portal and accounting functionality.

Direct peers

• FirstService Residential: Division of FirstService Corporation providing full-service HOA and condominium management across North America. Closest comparable in scale, geographic reach, and breadth of value-added services.
• Associa: Largest U.S. community association management company managing thousands of HOAs, condominiums, and master-planned communities. Directly comparable to RealManage across virtually all served community types and service modules.
• CCMC (Community Company Management Company): Large-scale community association management company serving HOAs, condominiums, and master-planned communities nationwide. Comparable in core service model, technology stack, and customer segments.
• TOPS Software: Long-standing HOA and community association management software and services provider. Comparable in targeting the same community association customers with similar accounting, portal, and operational tooling.

Broad incumbents

• Yardi: Enterprise property management software suite with HOA and condominium association modules. Comparable as a broad incumbent offering overlapping technology and operational capabilities.
• AppFolio (HOA/Property Management): Public property management software company that has expanded into HOA/community association management. Comparable as a broader incumbent offering technology-enabled HOA services at scale.

Regional players

• KW Property Management & Consulting: Regional HOA and condominium management company with strong Florida presence. Comparable in core service model and high-rise/condominium segment focus, though more geographically concentrated than RealManage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alma-property-management-services-inc.

Revenue estimate

Valuation estimate

Number of profiles

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 ALMA Property Management Services Inc.