BLACK REALTY MANAGEMENT, INC

Name

BLACK REALTY MANAGEMENT, INC

Legal name

Black Realty Management, Inc.

Website

https://blackrealtymanagement.com

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Property Management Services

NAICS

Real Estate Property Managers (53131), Nonresidential Property Managers (531312), Residential Property Managers (531311), Offices of Real Estate Agents and Brokers (5312)

SIC

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

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industries

Tenant Representation & Corporate Services Brokerage (BPAJABAJ), HOA / Condominium Association Management (BPAJAFAH), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Property management
• Commercial real estate
• Multifamily housing
• HOA management
• Facilities management

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Ongoing property management fees for commercial and residential properties, including multifamily apartments, commercial office, retail, industrial properties, and homeowner associations. Services include property management, maintenance, leasing, asset management, and facilities management.
2. Commercial Leasing and Lease Renewals: Brokerage services for commercial property leasing, including new leases and renewals for office, retail, and industrial tenants.
3. Construction and Project Management: Construction management services for leasehold improvements and project renovations, including facilities management and on-site commercial engineering through affiliated company Black Management Services, Inc.
4. Acquisition and Disposition Consulting: Consulting services for property acquisition and disposition, including special purpose counseling and REO management and receiverships.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Black Realty Management, Inc. provides full-service property management for residential, multifamily, commercial, and HOA/condominium assets, including leasing, tenant relations, maintenance, accounting, and owner reporting. The firm also offers commercial leasing and brokerage, construction and project management, acquisition and disposition consulting, and facilities management as integrated service lines for property owners and investors.

Product overview

Black Realty Management offers a property management platform comprising tenant-facing and owner-facing online portals powered by AppFolio technology. The core product suite includes the Tenant Portal (for rent payment, maintenance requests, and communication), the Owner Portal (for financial statements, document access, and payment management), and a mobile app for both platforms. The company provides full-service property management including commercial and multifamily property management, commercial leasing, asset management, facilities management, and homeowner association management across Eastern Washington, Northern Idaho, and Western Montana.

Differentiator

Problem solved

Functional benefit

Products and services

• Full-Service Property Management

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• NAI Black / NAI GlobalcoreStrategic or Co-development PartnerBlack Realty Management is part of the NAI Black organization which is affiliated with NAI Global, a network of commercial real estate companies. NAI Black specializes in sales and leasing of retail, office, industrial, and multifamily properties; property, facilities, and asset management; consulting; and real estate development. NAI Black is described as the premier full-service commercial real estate company in the Inland Northwest.
• AppFoliocoreTechnology or IntegrationBlack Realty Management uses AppFolio Property Manager as their technology platform for property management operations. This includes the AppFolio Tenant Portal for rent payment and maintenance requests (with iOS and Android apps), the AppFolio Owner Portal for financial statements and document access, and online application processing capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Greystar Real Estate Partners: Largest multifamily property manager and operator in the U.S., managing hundreds of thousands of units. Directly comparable to Black Realty's multifamily division (3,500 units) and represents the scaled, national version of the same property management service model.
• Asset Living: Large third-party multifamily property manager with significant conventional, affordable (LIHTC/HUD), and student housing exposure. Directly comparable to Black Realty's multifamily segment, especially given Black's LIHTC and HUD expertise.
• RPM Living: Full-service multifamily property management firm with conventional, student, and affordable housing. Directly comparable on third-party fee-based management of multi-thousand-unit portfolios.
• BH Management Services: National multifamily property manager operating conventional and affordable housing portfolios. Highly comparable to Black Realty on the residential/multifamily side, with similar fee-based managed services model.
• Lincoln Property Company: Diversified real estate manager providing residential and commercial property management, leasing, and asset services. Comparable to Black Realty because it offers the same multi-segment (multifamily + commercial + mixed-use) service bundle across regional and national footprints.

Broad incumbents

• Colliers International: Global commercial real estate services firm providing property management, leasing, and project management. Comparable to Black Realty's commercial property management and construction management services as a broader incumbent in the same space.
• Cushman & Wakefield: Global commercial real estate services firm offering property management, leasing, and valuation across all major asset types. Comparable to Black Realty's commercial property management and leasing/brokerage divisions at much larger scale.
• CBRE Group: World's largest commercial real estate services firm with global property and facilities management, leasing, and capital markets. Directly overlaps Black Realty's commercial property management and facilities management offerings as a broader incumbent.
• JLL (Jones Lang LaSalle): Global real estate services firm with substantial property management, facilities management, and leasing operations. Comparable to Black Realty's commercial and corporate/institutional facilities management business lines at enterprise scale.

Regional players

• Kidder Mathews: Largest independent commercial real estate firm on the West Coast with property management, brokerage, and facilities management across the Pacific Northwest. The closest regional peer to Black Realty's Pacific Northwest commercial property management footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/black-realty-management-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 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 BLACK REALTY MANAGEMENT, INC