Cornerstone Property Management and Real Estate Services, Inc
Cornerstone Property Management Services, Inc. is a privately held Sacramento-based property management firm serving residential landlords in the greater Sacramento area, providing tenant screening, rent collection, maintenance coordination, and accounting via the AppFolio platform.
- Company typePrivate
- Founded2004
- HeadquartersSacramento, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Cornerstone Property Management and Real Estate Services, Inc does
Cornerstone Property Management Services, Inc. is a privately held, full-service residential property management firm founded in 2004 and headquartered in Sacramento, California. The company manages rental properties for individual and small-portfolio landlords across the greater Sacramento metropolitan area, including Natomas, Elk Grove, Folsom, El Dorado Hills, Lincoln, and Roseville. Co-founded by Mani Del Rosario (licensed Realtor/Broker) and Zen Mendoza (former engineer and project manager with 30+ years of real estate investing experience), the firm combines property management with complementary real estate sales and brokerage services through its wholly-owned subsidiary Cornerstone Real Estate Services.
The company's core product is turnkey residential property management, encompassing property marketing, applicant screening, lease execution, rent collection, maintenance coordination, routine inspections, computerized accounting, and eviction processing. Service delivery is anchored on AppFolio Property Manager, a third-party SaaS platform that powers an online tenant portal (rent payment, maintenance requests, account access via iOS/Android apps) and an online owner portal (financial statements, year-end tax documents, and payment processing via eCheck and debit card). Pricing is primarily a percentage-of-rent model: 7% of gross rent collected for single-family homes, 8% for duplexes, with multifamily units quoted after inspection. Revenue is supplemented by lease-up commissions equal to 50% of the first month's rent, $40 per-applicant tenant screening fees, and markups on repair and maintenance work.
Cornerstone's go-to-market is sales-led and locally focused, relying on founder relationships, word-of-mouth referrals from landlords and tenants, multi-channel property advertising (Sacramento Bee, signage, open houses, web ads, social media, and AppFolio listings), and direct outreach to property owners. The customer base is composed of small-scale residential landlords — typically individuals or families owning one to a handful of rental properties — along with the tenants occupying those units. The company is privately held with no disclosed institutional funding, no headcount disclosure, and no public financial filings.
Cornerstone Property Management and Real Estate Services, Inc firmographics
Firmographics- Name
- Cornerstone Property Management and Real Estate Services, Inc
- Legal name
- Cornerstone Property Management Services, Inc
- Website
- https://cornerstonepropmgt.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Cornerstone Property Management Services, Inc. is a privately held Sacramento-based property management firm serving residential landlords in the greater Sacramento area, providing tenant screening, rent collection, maintenance coordination, and accounting via the AppFolio platform.
- Ownership category
- akta.pro rank
Cornerstone Property Management and Real Estate Services, Inc industry classification
Industry- Product category
- Residential Property Management Services
- NAICS
- Residential Property Managers (531311)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Single-Family Rental (SFR) Property Management (BPAJAFAB)
- akta.pro secondary industry
- Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where Cornerstone Property Management and Real Estate Services, Inc is headquartered
LocationHeadquarters
- HQ city
- Sacramento
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cornerstone Property Management and Real Estate Services, Inc business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Monthly Property Management Fees: Recurring management fees charged as a percentage of gross rent collected each month. Single family homes: 7%, Duplex: 8%, Multifamily: quoted after consultation.
- Lease Up Commissions: One-time commission charged for locating and signing new tenants, equal to 50% of the first month's rent.
- Repair and Maintenance Services: Markup on repair costs and maintenance services when preparing properties for new tenants or addressing ongoing maintenance needs. Handles repairs up to $300 per transaction without prior owner approval.
- Application Fees: Application processing fee of $40 per applicant for tenant screening services including credit checks, income verification, and background checks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Single Family Homes - 7% of gross rent |
| Subscription | Monthly | Duplex Properties - 8% of gross rent |
| Subscription | Monthly | Multifamily Units - Custom pricing |
| Transaction based/ take rate | Pay-as-you-go | Lease Up Commission - 50% of first month's rent |
| Unit Pricing | Pay-as-you-go | Tenant Application Fee - $40 per applicant |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Cornerstone Property Management and Real Estate Services, Inc product offering
Product offeringCore offering
Cornerstone Property Management and Real Estate Services, Inc is a Sacramento, California-based residential property management firm that manages single-family rental homes on behalf of property owners. The company delivers full-service management including marketing and listing vacant units, tenant screening, lease preparation, rent collection, maintenance coordination, vendor management, and detailed financial reporting. It primarily serves rental property owners in the greater Sacramento area.
Product overview
Cornerstone Property Management Services, Inc is a full-service property management company providing property management services for rental property owners and residents in the greater Sacramento area. The company operates using AppFolio Property Manager as its core technology platform, which provides an Online Portal for tenants (enabling rent payment, maintenance requests, and account management via web and mobile apps) and an Owner Portal for landlords (providing financial statements, document access, and payment processing). Their primary service offering encompasses marketing, tenant screening, rent collection, maintenance coordination, computerized accounting, and eviction processing across properties in Natomas, Elk Grove, Folsom, El Dorado Hills, and Lincoln.
Differentiator
Problem solved
Functional benefit
Products and services
- Full-Service Property Management
- Tenant Placement and Leasing
- Maintenance Coordination and Repair Services
- Real Estate Brokerage Services
Quantifiable outcome
- 24-hour emergency service availability for maintenance issues
- +2 more outcomes
Companies that use Cornerstone Property Management and Real Estate Services, Inc
Customer profileNamed customers8 records
Segments2 records
Ideal customer profiles2 records
Cornerstone Property Management and Real Estate Services, Inc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Cornerstone Property Management and Real Estate Services, Inc partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AppFoliocoreCornerstone Property Management uses AppFolio Property Manager as its core technology platform. The partnership provides cloud-based property management software enabling online owner portals, tenant portals, rent collection, maintenance request tracking, and computerized accounting. AppFolio's platform powers Cornerstone's digital service delivery including mobile apps for iOS and Android.
Scale indicators1 record
Recent moves6 records
Expansion highlights3 records
Cornerstone Property Management and Real Estate Services, Inc competitors and assessment
Company assessmentEmerging players
- Roofstock: Single-family rental investment and management platform. Comparable as a SFR-focused competitor combining property acquisition marketplace with ongoing management services — addressing the same landlord segment Cornerstone serves in Sacramento.
- Belong: Residential property management company focused on single-family rentals for institutional and individual owners. Directly comparable in target customer (small/mid landlords), service scope (tenant placement, rent collection, maintenance), and recurring fee model.
- Mynd: Tech-enabled residential property management company operating across multiple U.S. markets. Directly comparable as a residential SFR-focused PM operator serving individual investors and small landlords with a percentage-of-rent revenue model and online owner/tenant portals.
Regional players
- Dunnigan Realtors: Established Sacramento-area residential real estate brokerage offering property management services to local investors. Comparable as a direct Sacramento competitor combining brokerage expertise with landlord property management — analogous to Cornerstone's positioning.
- Lyon Real Estate: Dominant Sacramento-area residential real estate brokerage with affiliated property management services. Comparable as a Sacramento-based competitor offering landlords an integrated brokerage-plus-PM bundle similar to Cornerstone's Cornerstone Real Estate Services subsidiary.
Others
- RentRedi: Property management software platform aimed at small landlords and independent PM operators. Comparable as an alternative SaaS stack a competing small Sacramento PM could adopt, and a potential technology substitution threat to Cornerstone's AppFolio-based offering.
- AppFolio: Cloud-based property management software platform that is Cornerstone's core technology partner (owner/tenant portals, accounting). Comparable as the upstream SaaS vendor whose capabilities and pricing directly shape Cornerstone's service delivery economics.
Broad incumbents
- Property Management Inc. National residential and commercial property management franchise. Comparable as a multi-region PM franchise competing for the same SMB landlord customers with standardized service offerings and percentage-of-rent pricing.
- Real Property Management: National franchisor of residential property management offices with a Sacramento-area presence. Comparable as a competing local residential PM brand targeting landlords with full-service management, tenant screening, and maintenance coordination.
- Coldwell Banker: National residential real estate brand with brokerage and affiliated property management services including in the Sacramento market. Comparable as a larger incumbent offering landlords integrated sales-plus-PM services similar to Cornerstone's bundle.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Cornerstone Property Management and Real Estate Services, Inc social profiles
Digital presenceCornerstone Property Management and Real Estate Services, Inc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cornerstone Property Management and Real Estate Services, Inc leadership team
Management profileNumber of profiles
Profiles2 records
Cornerstone Property Management and Real Estate Services, Inc subsidiaries and ownership
Company hierarchySubsidiaries1 record
Cornerstone Property Management and Real Estate Services, Inc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cornerstone Property Management and Real Estate Services, Inc 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 Cornerstone Property Management and Real Estate Services, Inc
What does Cornerstone Property Management and Real Estate Services, Inc do?
Cornerstone Property Management and Real Estate Services, Inc is a Sacramento, California-based residential property management firm that manages single-family rental homes on behalf of property owners. The company delivers full-service management including marketing and listing vacant units, tenant screening, lease preparation, rent collection, maintenance coordination, vendor management, and detailed financial reporting. It primarily serves rental property owners in the greater Sacramento area.
Is Cornerstone Property Management and Real Estate Services, Inc a public or private company?
Cornerstone Property Management and Real Estate Services, Inc is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Cornerstone Property Management and Real Estate Services, Inc founded?
Cornerstone Property Management and Real Estate Services, Inc was founded in 2004. It employs 1 to 10 people.
Where is Cornerstone Property Management and Real Estate Services, Inc based?
Cornerstone Property Management and Real Estate Services, Inc is headquartered in Sacramento, United States, in the North America region.
How does Cornerstone Property Management and Real Estate Services, Inc make money?
Four revenue lines are on record. Monthly Property Management Fees are the primary driver. The others are lease Up Commissions, repair and Maintenance Services and application Fees.
Who are Cornerstone Property Management and Real Estate Services, Inc's main competitors?
Emerging players on record are Roofstock, Belong and Mynd. Regional players are Dunnigan Realtors and Lyon Real Estate. Others are RentRedi and AppFolio. Broad incumbents are Property Management Inc., Real Property Management and Coldwell Banker.
Does Cornerstone Property Management and Real Estate Services, Inc have an API?
No public API is recorded for Cornerstone Property Management and Real Estate Services, Inc.
What industry is Cornerstone Property Management and Real Estate Services, Inc in?
Cornerstone Property Management and Real Estate Services, Inc's product category is Residential Property Management Services. Its primary akta.pro industry code is BPAJAFAB, Single-Family Rental (SFR) Property Management, with a secondary code of BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 531311 and its SIC code is 6531.