The Solomon Organization
The Solomon Organization is a privately held, family-owned owner-operator of 70+ multifamily rental communities across 10 U.S. states, serving residential renters with affordable suburban housing and 24-hour maintenance, and currently scaling its Midwest portfolio via agency-debt-financed acquisitions.
- Company typePrivate
- Founded2000
- HeadquartersSummit, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What The Solomon Organization does
The Solomon Organization, LLC is a privately held real estate owner-operator that owns and manages 70+ rental communities across 10 U.S. states, including Illinois, North Carolina, New York, Wisconsin, New Jersey, Michigan, Ohio, Kentucky, Pennsylvania, and Virginia. The company, headquartered in Summit, New Jersey and registered in New Jersey, provides residential rental housing to individual and family tenants, with self-reported positioning around affordable, well-maintained suburban multifamily communities and 24-hour emergency maintenance. Founded in 2000 (with marketing materials referencing four decades and two generations of family ownership, implying operating roots roughly to the mid-1980s), the firm is led through its founders and management team with no disclosed institutional private equity backing.
The company generates revenue through recurring residential rental payments across its multifamily portfolio, a model characterized as subscription-recurring given the monthly lease structure. Distribution is direct: residents apply through Solomon's own availability pages and lease from the company's operating entities. Marketing is concentrated on Solomon's corporate website, which lists communities, availability, resident resources, and career information. No public pricing exists; rental rates are determined per property.
Solomon's recent strategy is concentrated on scaling its Midwest footprint through acquisitions financed primarily via Freddie Mac-backed agency debt. In early 2026 the firm executed three Chicagoland multifamily acquisitions totaling 1,156 units and approximately $119 million in deal value, including a $76 million purchase of a 292-unit Romeoville, Illinois property (the largest multifamily sale in that submarket since at least 2013) and a $43 million purchase of The Orion59 Apartments. The company employs 501–1,000 staff and reports no proprietary technology platform, AI capabilities, patents, integrations, or APIs. Its competitive differentiation rests on capital access for acquisitions, multi-state operational scale, and a long-tenured family brand in suburban Class B multifamily.
The Solomon Organization firmographics
Firmographics- Name
- The Solomon Organization
- Legal name
- The Solomon Organization, LLC
- Website
- https://Solomonorg.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- The Solomon Organization is a privately held, family-owned owner-operator of 70+ multifamily rental communities across 10 U.S. states, serving residential renters with affordable suburban housing and 24-hour maintenance, and currently scaling its Midwest portfolio via agency-debt-financed acquisitions.
- Ownership category
- akta.pro rank
The Solomon Organization industry classification
Industry- Product category
- Residential Multifamily Rental Housing
- NAICS
- Residential Property Managers (531311)
- SIC
- Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where The Solomon Organization is headquartered
LocationHeadquarters
- HQ city
- Summit
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Solomon Organization business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Rental Income: The company operates as owners and operators of 70+ rental communities across 10 states. Revenue is generated through residential rental payments from tenants across their multifamily portfolio.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
The Solomon Organization product offering
Product offeringCore offering
The Solomon Organization owns and operates 70+ rental apartment communities across 10 U.S. states, providing residential rental housing to individuals and families. The company handles leasing, property maintenance, and resident relations for its multifamily portfolio, offering 24-hour emergency maintenance and well-kept properties in suburban locations.
Product overview
The Solomon Organization is a real estate ownership and operator company that manages 70+ rental communities across 10 states. The company offers rental housing as its core service, operating properties that function as residential apartment communities. Rather than a software platform, the company provides property management services including leasing, maintenance, and resident relations for multifamily housing properties.
Differentiator
Problem solved
Functional benefit
Products and services
- Rental Communities
Companies that use The Solomon Organization
Customer profileSegments1 record
Ideal customer profiles1 record
The Solomon Organization technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Solomon Organization partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Continental PropertiesminorContinental Properties was the seller of the 292-unit multifamily property in Romeoville, Illinois acquired by The Solomon Organization for $76 million. This was a standard real estate transaction rather than an ongoing partnership.
Scale indicators7 records
Recent moves4 records
Expansion highlights4 records
The Solomon Organization competitors and assessment
Company assessmentBroad incumbents
- Mid-America Apartment Communities (MAA): Large multifamily REIT with significant Sun Belt and select Midwest exposure, providing a comparison point for institutional-scale suburban rental ownership and operations.
- Equity Residential: Major publicly traded multifamily REIT with a portfolio concentrated in urban and high-density suburban gateway markets, competing broadly for institutional capital and prime rental assets.
- Camden Property Trust: Diversified multifamily REIT operating across multiple Sun Belt and Midwest markets, comparable on resident-facing services and suburban community operations.
- Apartment Investment and Management Company (Aimco): Large publicly traded multifamily REIT operating a national portfolio of rental apartment communities, overlapping with Solomon on suburban acquisition opportunities at much greater scale.
Direct peers
- Bozzuto Group: Privately held multifamily owner, operator, and developer with a national footprint including the Midwest, competing directly for suburban rental residents and acquisition assets.
- Fairfield Residential: Large multifamily owner-operator with a national portfolio including Midwest markets, competing for similar suburban acquisition targets and operating comparable property types.
- Edward Rose & Sons: Family-owned owner-operator of large multifamily communities across the Midwest, with comparable portfolio scale, suburban market focus, and direct operations model — the closest structural analog to The Solomon Organization.
- Village Green: Detroit-based multifamily owner-operator managing a large Midwestern suburban portfolio with comparable unit counts, geographic focus, and direct property operations.
- GID Investment Advisers: Privately held real estate investment and management firm with sizable multifamily ownership across U.S. markets, comparable as a non-public peer with similar acquisition-driven growth approach.
- Continental Properties: Multifamily developer and owner-operator active in the Midwest, including as the seller of the 292-unit Romeoville property acquired by Solomon; competes for similar suburban assets and resident pools.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
The Solomon Organization social profiles
Digital presenceThe Solomon Organization financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Solomon Organization leadership team
Management profileNumber of profiles
The Solomon Organization funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Solomon Organization 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 Solomon Organization
What does The Solomon Organization do?
The Solomon Organization owns and operates 70+ rental apartment communities across 10 U.S. states, providing residential rental housing to individuals and families. The company handles leasing, property maintenance, and resident relations for its multifamily portfolio, offering 24-hour emergency maintenance and well-kept properties in suburban locations.
Is The Solomon Organization a public or private company?
The Solomon Organization is a private company. It is classified as family owned and is currently operating.
When was The Solomon Organization founded?
The Solomon Organization was founded in 2000. It employs 501 to 1,000 people.
Where is The Solomon Organization based?
The Solomon Organization is headquartered in Summit, United States, in the North America region.
How does The Solomon Organization make money?
One revenue line is on record: rental Income.
Who are The Solomon Organization's main competitors?
Broad incumbents on record are Mid-America Apartment Communities (MAA), Equity Residential, Camden Property Trust and Apartment Investment and Management Company (Aimco). Direct peers are Bozzuto Group, Fairfield Residential, Edward Rose & Sons, Village Green, GID Investment Advisers and Continental Properties.
Does The Solomon Organization have an API?
No public API is recorded for The Solomon Organization.
What industry is The Solomon Organization in?
The Solomon Organization's product category is Residential Multifamily Rental Housing. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 531311 and its SIC code is 6513.