Collective

What Collective does

Collective is a private property management company headquartered in Fargo, North Dakota, that operates a portfolio of more than 40 apartment communities across North Dakota, South Dakota, Minnesota, and Montana, with 13 on-site community offices. The company is a subsidiary of Great States Development, founded roughly a decade ago by Rick Berg and Jon Casper alongside sister company Great States Construction in a build-own-manage structure. Collective's product surface spans market-rate apartments, 55+ active-adult communities (Whispering Creek, Whispering Creek II, Crossing at Waters Edge), townhomes, and luxury urban units in Minneapolis' North Loop.

The underlying operating platform is built on AppFolio property management software, exposed to residents through an Online Portal with iOS and Android apps that handle rent payment, maintenance requests, renter's insurance uploads, and resident-management communication. Distribution is direct-to-consumer via the liveatcollective.com website (property search, online application, lease specials) and the on-site leasing teams; marketing is supplemented by content/blog storytelling, community events (Welcome Weeks, Corporate Cup, Maintenance Mania), and resident referrals.

Collective generates recurring monthly revenue through apartment rentals under 12-14 month lease terms, with supplementary income from parking, pet deposits, and amenity charges. Pricing is property-specific and not publicly disclosed; the company uses move-in incentives (one month free, $800-$2,000 off) to drive lease-up. Customer segments include general residential renters, university students (near NDSU and MSU Billings), and the 55+ active-adult segment. No public revenue, headcount, or external institutional funding is disclosed; the company is founder-controlled under the Great States group.

Name

Collective

Legal name

Collective

Website

https://liveatcollective.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Collective is a private Fargo, ND-based property management company operating 40+ apartment communities across North Dakota, South Dakota, Minnesota, and Montana. Founded as part of Great States Development, it serves residential renters, 55+ active adults, and students via 13 on-site community offices and an AppFolio-powered resident portal.

Ownership category

akta.pro rank

Product category

Residential Property Management

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

HOA / Condominium Association Management (BPAJAFAH)

akta.pro secondary industry

Active Adult / Senior Community Association Management (BPAJAHAJ)

Keywords

• Residential property management
• Apartment rentals
• Multifamily housing
• Apartment communities
• Rental leasing services

Headquarters

HQ city

Fargo

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Apartment Rentals: Collective generates recurring monthly revenue through rental payments from residential apartment communities across North Dakota, South Dakota, Minnesota, and Montana. The company manages over 11 distinct communities with varying unit counts and lease terms ranging from 12 to 14 months. Additional revenue includes parking fees, pet deposits, and amenity charges.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Collective is a residential property management company that leases and manages a portfolio of 40+ apartment communities across North Dakota, South Dakota, Minnesota, and Montana. It offers studio through 3-bedroom market-rate apartments, 55+ active-adult independent living communities, and select townhome properties under a unified brand, supported by an AppFolio-powered online resident portal for rent payment, maintenance requests, and account management.

Product overview

Collective is a property management company operating a portfolio of 40+ apartment communities across North Dakota, South Dakota, Minnesota, and Montana. The company offers a unified resident portal platform enabling online rent payments, maintenance requests, renter's insurance uploads, and resident communications across all properties. The portfolio spans conventional market-rate apartments, 55+ active adult communities, and luxury units. Recent additions include The Copham (Minneapolis, March 2026) and Jackson Heights (Sioux Falls area, June 2026). Dakota Park in Fargo, established in 1996, represents one of the largest communities featuring historic amenities like underground parking and an indoor pool. All communities are managed through the Collective brand with dedicated on-site community offices.

Differentiator

Problem solved

Functional benefit

Products and services

• Collective Resident Portal

Quantifiable outcome

• Dakota Park community opened in 1996 is one of the largest in Fargo, one of the first with underground parking and indoor pool
• +2 more outcomes

Named customers7 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

Partnerships

Ten partnerships are on record, tiered minor and core.

• Bean Sprout Coffee Co.minorOthers · 1 March 2026Sibling-owned mobile coffee cart that provided beverages during The Copham Welcome Week, featuring signature drinks with laser-etched Copham logos.
• Leather Works MinnesotaminorOthers · 1 March 2026Custom leather goods maker that created branded coasters for The Copham residents, including designs featuring Minneapolis North Loop street maps.
• Bound NolominorOthers · 1 March 2026Permanent jewelry business led by Colleen that hosted tote bag customization station during The Copham Welcome Week community event.
• Great States DevelopmentcoreStrategic or Co-development PartnerParent/affiliate company that owns properties managed by Collective. Founded by Rick Berg and Jon Casper a decade ago alongside Great States Construction and Collective with a resident-first mindset.
• Great States ConstructioncoreStrategic or Co-development PartnerSister company handling property development and renovation. Currently renovating ElseWarehouse and planned improvements for The Copham. Co-sponsored Corporate Cup team with Collective.
• Hope BloomsminorOthersFargo nonprofit that repurposes donated flowers from events into bouquets for community members in need through the Petal It Forward program. Collective team members volunteer here using paid volunteer time.
• Homeward Animal ShelterminorOthersFargo animal shelter caring for 180-220 animals, placing most in foster homes. Has found homes for over 44,000 animals since 1966. Collective team members volunteer and participate in fundraising events.
• Big Brothers Big SistersminorOthersYouth mentorship organization. Collective team members participated in Bowl for Kids' Sake 2026, raising funds for the organization.
• West Fargo Hockey AssociationminorOthersYouth hockey organization. Collective graphic designer Kayla Goebel mentors young female athletes through the association, helping build confidence that carries beyond the rink.
• Fargo-Moorhead-West Fargo Chamber of CommerceminorOthersLocal chamber that organizes the Corporate Cup event. Collective and Great States Construction co-sponsored a team competing in this sold-out annual event.

Scale indicators3 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Greystar Real Estate Partners: World's largest residential property manager and operator with institutional reach; relevant as the dominant incumbent setting service standards and pricing in multi-family management across the U.S.
• Bozzuto Group: Large, established national residential property manager and developer with active-adult, conventional, and luxury product lines; competes for the same owner mandates and is a possible acquirer of mid-size regional managers.

Direct peers

• Mission Rock Residential: Multi-state third-party residential property manager of similar size with a focus on conventional, luxury, and active-adult product; comparable technology-enabled operating model and growth trajectory.
• ConAm Management Corporation: Multi-state residential property manager with a portfolio mix of conventional and active-adult product; closely comparable operating model, third-party fee structure, and growth-by-acquisition strategy.
• Hawthorne Residential Partners: Multi-state residential property manager focused on garden-style, mid-rise, and active-adult communities; closely matches Collective's mix of market-rate and 55+ product and use of AppFolio/Resman-class platforms.
• RAM Partners: Mid-size multi-state residential property management firm operating conventional and active-adult communities; comparable scale, third-party fee structure, and geographic diversification strategy.
• JVM Realty Corporation: Mid-size multi-state multifamily manager with a portfolio of conventional and senior-living communities; comparable in scale, third-party management model, and regional geographic footprint.
• BH Management Services: Multi-state residential property manager with similar size and diversified market-rate and active-adult portfolios; directly comparable business model of operating apartment communities on behalf of owners across regional U.S. markets.
• FPI Management: Multi-state residential property manager with portfolios spanning conventional and affordable housing; comparable in size, third-party management structure, and multi-state regional strategy.
• Weidner Apartment Homes: Multi-state owner/operator of apartment communities including active-adult product; comparable mid-market footprint and resident-portal-style operating approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/liveatcollective

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Collective