The Cannery Lofts
The Cannery Lofts is a privately operated residential loft apartment complex in downtown Dayton, Ohio, comprising six restored historic buildings with 11 floor plans serving urban professionals and pet owners, managed by Oberer Management Services in partnership with Lindy Properties.
- Company typePrivate
- Founded-
- HeadquartersDayton, United States
- Headcount—
- GTM typeB2C
- OfferingServices
What The Cannery Lofts does
The Cannery Lofts is a residential apartment complex operated by Oberer Management Services in partnership with Lindy Properties, located at 500 E. Third Street in downtown Dayton, Ohio. The property comprises six restored historic industrial buildings within the Webster Station/East Third Street Historic District, converted into loft apartments across 11 distinct floor plans ranging from 1-bedroom to 3-bedroom units (535 to 1,280 sq ft), with rents spanning approximately $1,245 to $2,622 per month. The asset is integrated into the broader Dayton Arcade redevelopment and features preserved architectural elements (exposed brick, soaring ceilings, oversized windows, industrial accents), a rooftop patio with skyline views, and what the property describes as Dayton's largest privately owned fitness center. The ground floor houses The Shops at The Cannery — 11 local businesses across 39,000 sq ft including yoga, salon, design, entertainment, and professional services — creating a mixed-use ecosystem anchored to the residential units.
The property's underlying technology stack is built around standard PropTech infrastructure rather than proprietary systems. Yardi Systems' RentCafe platform powers the website, online leasing, resident portal, and payment processing; residents can browse floor plans, apply, sign leases, and pay rent digitally. Physical infrastructure includes an energy-efficient geothermal HVAC system (supporting the property's Green Business Certification) and keyless smartphone entry. The GTM motion is direct-to-consumer residential leasing, with prospective residents able to schedule guided or self-guided tours, apply online, and manage the full rental lifecycle through the digital portal. The property serves urban professionals seeking walkable downtown living (Walk Score of 92), pet owners (with defined pet rent and acceptance fees), and renters prioritizing historic character over standardized new-construction layouts. Customer concentration is structurally diversified across many individual renters rather than any single anchor tenant.
Revenue is generated through subscription-style monthly residential rent, supplemented by pet rent, parking fees, storage fees, and ground-floor retail tenant leases. The operating footprint is lean at 6 employees, consistent with a single stabilized asset rather than a multi-property operator. The company is privately held by Oberer Management Services with Lindy Properties as co-development partner, and has no disclosed funding history, M&A activity, or expansion pipeline beyond the existing Dayton asset.
The Cannery Lofts firmographics
Firmographics- Name
- The Cannery Lofts
- Legal name
- Oberer Management Services
- Website
- https://cannerydayton.com
- Company type
- Private
- Operating status
- Operating
- Short description
- The Cannery Lofts is a privately operated residential loft apartment complex in downtown Dayton, Ohio, comprising six restored historic buildings with 11 floor plans serving urban professionals and pet owners, managed by Oberer Management Services in partnership with Lindy Properties.
- Ownership category
- akta.pro rank
Where The Cannery Lofts is headquartered
LocationHeadquarters
- HQ city
- Dayton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Cannery Lofts business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Residential Apartment Leasing: Monthly rental revenue from leasing loft apartments to residents. Revenue is subscription-based with monthly rent payments. Additional revenue streams include parking fees, pet rent, and potential fees for amenities or storage units.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | 1 Bedroom units (Hass, Rike, Whitaker, Boscul) - 535 to 810 sq ft |
| Subscription | Monthly | 2 Bedroom units (Canby, International, Keogh, Lindmueller, Lowe, Whitmore, Worman) - 960 to 1,280 sq ft |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
The Cannery Lofts product offering
Product offeringCore offering
The Cannery Lofts operates a residential apartment complex comprising six restored historic buildings in downtown Dayton, Ohio. The company leases loft apartments to individual residents under monthly rental agreements, offering units ranging from studios to three-bedroom layouts with preserved industrial architectural features and modern amenities. The property also includes The Shops at The Cannery, featuring 11 ground-floor retail businesses across 39,000 square feet.
Product overview
The Cannery Loft Apartments is a residential apartment complex comprising six historic buildings in downtown Dayton, Ohio, featuring 11 distinct apartment floor plans (Rike, Whitaker, Boscul, Canby, Hass, International, Keogh, Lindmueller, Lowe, Whitmore, and Worman) ranging from studios to 3-bedroom units. The property also includes The Shops at The Cannery, featuring 11 local businesses across 39,000 square feet of ground-floor retail space including yoga studios, salon services, design studios, entertainment venues, and professional offices. The portfolio is managed by Oberer Management Services and Lindy Properties in partnership with the historic Dayton Arcade.
Differentiator
Problem solved
Functional benefit
Products and services
- The Shops at The Cannery Ground-floor retail component of the property featuring 11 local businesses across 39,000 square feet, including yoga studios (Speakeasy Yoga), salon services (Square One Salon & Spa), design studios (MODA4 Design, Figment Inc.), entertainment (Black Box Improv), and professional services (ARC Document Solutions, Reserve On Third).
- Rike Floor Plan
- Whitaker Floor Plan
- Boscul Floor Plan
- Hass Floor Plan
- Canby Floor Plan
- International Floor Plan
- Keogh Floor Plan
- Lindmueller Floor Plan 2-bedroom, 2-bath loft apartment with 1,265 sq. ft. featuring central climate control and full-size washer/dryer. Rents range from $1,590 to $2,535 per month.
- Lowe Floor Plan 2-bedroom loft apartment with 960 sq. ft. featuring keyless smartphone entry and open concept layouts.
- Whitmore Floor Plan 2-bedroom, 2-bath loft apartment with 1,140 sq. ft. featuring rooftop deck access and premium finishes. Rents range from $1,485 to $2,440 per month.
- Worman Floor Plan 2-bedroom, 2-bath loft apartment with 1,180 sq. ft. featuring living room ceiling fans and expanded countertop space. Rents range from $1,475 to $2,394 per month.
- Online Leasing and Resident Portal Service (RentCafe) End-to-end digital leasing service that lets prospective residents browse floor plans, calculate costs, apply, sign leases, and submit rent payments; also serves as the resident portal for ongoing account management and communication.
Quantifiable outcome
- Walk Score of 92 indicating excellent walkability
Companies that use The Cannery Lofts
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
The Cannery Lofts technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
The Cannery Lofts partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered primary, core and minor.
- Oberer Management ServicesprimaryProperty management company that owns and operates The Cannery Lofts. Manages all aspects of leasing, maintenance, and resident services. Partners with Lindy Properties on the Dayton Arcade development project.
- Lindy PropertiesprimaryPartnered with Oberer Management Services to bring The Cannery Lofts to the historic Dayton Arcade area. Joint venture for historic building restoration and urban development project.
- RentCafe (Yardi Systems, Inc.)coreTechnology platform powering the property website, online leasing, resident portal, and payment processing. Provides property management software infrastructure for the entire leasing operation.
- Dayton ArcadeprimaryHistoric arcade connected to The Cannery property. Partnership brings pinnacle of urban living and entertainment to downtown Dayton. The Cannery is part of the broader Dayton Arcade redevelopment.
- CORTminorPreferred furniture provider for residents. CORT offers furniture rental and housewares services with dedicated representative support for new residents furnishing their apartments.
- ARC Document SolutionsminorGround-floor retail tenant at The Cannery. Document solutions and printing services provider located within the property's commercial spaces.
- Speakeasy YogaminorGround-floor retail tenant offering yoga classes and wellness services. Located within the property's commercial spaces, providing residents convenient access to fitness classes.
- Square One Salon & SpaminorGround-floor retail tenant providing salon and spa services. Located within the property's commercial spaces, offering residents convenient beauty and wellness services.
- Black Box ImprovminorGround-floor entertainment tenant offering improvisational comedy and performances. Located within the property, adding entertainment options for residents.
- MODA4 DesignminorGround-floor design studio tenant. Located within the property's commercial spaces, providing interior design and creative services.
- Figment Inc.minorGround-floor tenant offering creative/design services. Located within the property's commercial spaces.
- Reserve On ThirdminorGround-floor retail/business tenant. Located within the property's commercial spaces in the Webster Station neighborhood.
Scale indicators3 records
Recent moves1 record
Expansion highlights5 records
The Cannery Lofts competitors and assessment
Company assessmentBroad incumbents
- Bozzuto Group: Multifamily developer, owner, and operator with a strong portfolio of urban, mixed-use, and amenity-rich apartment communities. Comparable to The Cannery Lofts because both pursue differentiated, design-forward urban residential product, though Bozzuto operates at much greater scale across multiple MSAs.
- Greystar Real Estate Partners: Largest multifamily operator and investment manager in the U.S., with broad urban and suburban portfolios. Comparable to The Cannery Lofts as a residential rental operator, though Greystar is far broader in geography and asset class and serves as a benchmark for institutional operating capability.
- Equity Residential: Large apartment REIT concentrated in high-density urban and coastal gateway markets. Comparable to The Cannery Lofts as an institutional urban apartment landlord targeting similar renter demographics, though at far greater scale and in different MSAs.
- AvalonBay Communities: National apartment REIT with a portfolio of Class A urban, suburban, and mixed-use rental communities. Comparable to The Cannery Lofts as an operator of amenitized urban rental housing for professionals, though at materially greater scale and geographic breadth.
- Lincoln Property Company: National residential and commercial property manager and developer with deep urban multifamily exposure. Comparable to The Cannery Lofts as a third-party manager/operator of apartment communities using platforms like Yardi, and as a benchmark for institutional property management scale.
Direct peers
- The NRP Group: Multifamily developer and operator with experience in adaptive reuse, mixed-use, and urban infill projects. Comparable to The Cannery Lofts because NRP similarly develops and operates residential product in walkable urban contexts and partners with municipalities on revitalization-driven projects.
- Wood Partners: National multifamily developer focused on Class A urban and suburban apartment communities with strong amenity packages. Comparable to The Cannery Lofts as a developer/operator of amenitized urban residential product targeting similar renter demographics.
- RangeWater Real Estate: Multifamily developer and operator specializing in boutique, amenity-rich apartment communities across growth markets. Comparable to The Cannery Lofts because RangeWater similarly targets differentiated, design-forward product for urban professionals with curated amenity experiences.
- Veris Residential: Multifamily REIT focused on Class A and adaptive-reuse urban apartment communities in the Northeast. Comparable to The Cannery Lofts because Veris similarly operates amenity-rich urban rental product, often in historic or repositioned buildings, targeting similar professional renter segments.
Others
- JLL (Jones Lang LaSalle) Residential: Global real estate services firm with a multifamily investment, management, and advisory platform. Comparable to The Cannery Lofts as an ecosystem participant — JLL's residential services compete with and complement operators like Oberer Management Services and serve as a relevant industry peer for capabilities and valuation benchmarks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
The Cannery Lofts financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Cannery Lofts leadership team
Management profileNumber of profiles
Profiles3 records
The Cannery Lofts funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Cannery Lofts M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Cannery Lofts
What does The Cannery Lofts do?
The Cannery Lofts operates a residential apartment complex comprising six restored historic buildings in downtown Dayton, Ohio. The company leases loft apartments to individual residents under monthly rental agreements, offering units ranging from studios to three-bedroom layouts with preserved industrial architectural features and modern amenities. The property also includes The Shops at The Cannery, featuring 11 ground-floor retail businesses across 39,000 square feet.
Is The Cannery Lofts a public or private company?
The Cannery Lofts is a private company. It is classified as unknown and is currently operating.
When was The Cannery Lofts founded?
The Cannery Lofts was founded in -1.
Where is The Cannery Lofts based?
The Cannery Lofts is headquartered in Dayton, United States, in the North America region.
How does The Cannery Lofts make money?
One revenue line is on record: residential Apartment Leasing.
Who are The Cannery Lofts's main competitors?
Broad incumbents on record are Bozzuto Group, Greystar Real Estate Partners, Equity Residential, AvalonBay Communities and Lincoln Property Company. Direct peers are The NRP Group, Wood Partners, RangeWater Real Estate and Veris Residential. JLL (Jones Lang LaSalle) Residential is listed as an others.
Does The Cannery Lofts have an API?
No public API is recorded for The Cannery Lofts.