LTCS

Name

LTCS

Legal name

Mid Atlantic Realty Co Inc

Website

https://midatlanticrealtyco.com

Company type

Private

Founded year

1973

Operating status

Operating

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311)

SIC

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

akta.pro industry

PRIMARYBPAJAFAA

Multifamily Apartment Property Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

Keywords

• Residential property management
• Apartment community management
• Multifamily housing services
• Apartment leasing services
• Delaware apartment management

Headquarters

HQ city

Newark

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Distribution channels1 record

Marketing channels1 record

Core offering

Mid Atlantic Realty Co Inc provides professional property management services for residential apartment communities in Delaware. The company manages 7 multifamily apartment communities (6 in New Castle County, DE and 1 in Kent County, DE), offering leasing, tenant relations, maintenance, and community operations as a family-owned business established in 1973.

Product overview

Mid Atlantic Realty Co Inc offers property management services for residential apartment communities. The company manages 7 apartment communities across Delaware (6 in New Castle County and 1 in Kent County), specializing in multifamily housing. Services include property management, leasing, maintenance, and equal opportunity housing provisions. The company operates as a family-owned business established in 1973/1975.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services
• Residential Apartment Communities

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Greystar Real Estate Partners: Greystar is the largest U.S. multifamily property management and investment firm, managing approximately 800,000+ apartment homes globally. It is a broad incumbent peer operating in the same third-party multifamily management category as Mid Atlantic Realty, but at vastly greater scale.
• MAA (Mid-America Apartment Communities): MAA is one of the largest publicly traded multifamily REITs in the U.S., primarily operating garden-style apartment communities in the Sun Belt. It is a broad incumbent in the same apartment-management category, although it does not focus on the Mid-Atlantic micro-markets served by Mid Atlantic Realty.
• Bell Partners: Bell Partners is a large, multi-state multifamily owner-operator with a meaningful East Coast presence, managing tens of thousands of apartment homes. It is a broad incumbent peer offering the same third-party management services as Mid Atlantic Realty, but at significantly greater scale.

Direct peers

• Bozzuto Group: Bozzuto Group is a large Mid-Atlantic-based multifamily property management and development firm headquartered in Greenbelt, Maryland, managing tens of thousands of apartment homes across the Eastern U.S. It directly competes with Mid Atlantic Realty for third-party management contracts on multifamily communities in the Mid-Atlantic, including Delaware.
• The Michaels Organization: The Michaels Organization is a New Jersey-based owner, developer, and third-party manager of multifamily (including affordable) housing across the Mid-Atlantic and nationally. It is highly comparable in operating model — managing apartment communities for owners — with strong geographic overlap with Mid Atlantic Realty in the Mid-Atlantic.
• WinnCompanies: WinnCompanies is a Boston-based multifamily property management firm that manages a large portfolio of market-rate and affordable apartment communities across the U.S. It is comparable to Mid Atlantic Realty as a third-party manager of residential apartment communities on behalf of owners.
• Kettler Management: Kettler is a Washington, D.C.-area real estate firm that develops and manages multifamily apartment communities throughout the Mid-Atlantic region. It is directly comparable to Mid Atlantic Realty on the basis of third-party multifamily property management services offered to community owners in overlapping geographies.

Regional players

• Edgewood Properties: Edgewood Properties is a New Jersey-based developer and operator of multifamily apartment communities serving the Mid-Atlantic. It is a regional comparable operating apartment communities and management services in a neighboring geography to Mid Atlantic Realty's Delaware footprint.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 LTCS