What Fortis Property Management does

Fortis Property Management is an Atlanta-based, private multifamily property management company that operates a portfolio of 70+ apartment communities comprising more than 16,000 residential units across eight states in the Southeastern United States (North Carolina, South Carolina, Georgia, Tennessee, Florida, Alabama, Texas, and Maryland). The company was formed in 2021 through the combination of Varden Capital Properties and JEM Holdings, with the legacy Hammond Residential Group (founded 2007) rebranded into the new entity; it functions as the vertically integrated property management arm of JEM Holdings, a New York City-based real estate investment company founded by Mikael Levey in 2011 that has acquired 54 properties with over 9,600 multifamily units.

The company's core product is full-service property management for multifamily communities — covering leasing, maintenance, tenant relations, financial reporting, and day-to-day operations — supplemented by eight service modules: Construction Management, Management Advisory and Consulting, Property and Portfolio Auditing, Due Diligence Services, Marketing and Public Relations, Financial Services, and Training and Education. The underlying technology stack is built on Yardi (industry-standard multifamily property management software) and the BetterNOI website platform. No proprietary technology, AI/ML capabilities, APIs, or product applications are disclosed.

Fortis generates revenue through managed-services fees on the apartment communities it operates. Its go-to-market is direct engagement with property owners, real estate investors, and REITs across the Southeast, alongside a captive mandate pipeline from its parent JEM Holdings. The company distributes its services regionally through a senior leadership team headed by Co-CEO Mikael Levey and President/COO Kathryn Ashley, supported by a multi-layered regional management organization covering each state in its footprint. Marketing channels are predominantly the company website, local property signage, and SEO-driven organic search for prospective residents.

Name

Fortis Property Management

Legal name

Fortis Property Management

Website

https://fortispm.com

Company type

Private

Founded year

2021

Operating status

Operating

Short description

Fortis Property Management is an Atlanta-based private firm that manages 70+ multifamily apartment communities — over 16,000 units across eight Southeastern US states — for its parent JEM Holdings and third-party owners, offering leasing, maintenance, construction, and advisory services.

Ownership category

akta.pro rank

Product category

Multifamily Property Management

NAICS

Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

Multifamily (Apartment) Property Management (BPAJAGAD)

Keywords

• Multifamily property management
• Apartment community management
• Residential property management
• Multifamily housing services
• Property portfolio management

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Services: Fortis Property Management generates revenue by providing comprehensive property management services to multifamily apartment communities, including operations, maintenance, leasing, and administrative services for owned or third-party real estate assets.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Fortis Property Management provides full-service property management for multifamily apartment communities in the Southeastern United States. Services include operations, maintenance, leasing, construction management, financial reporting, marketing, and due diligence for owners of multifamily residential assets. The firm manages 70+ apartment communities comprising more than 16,000 units across North Carolina, South Carolina, Georgia, Tennessee, Florida, Alabama, Texas, and Maryland.

Product overview

Fortis Property Management is a multifamily property management company operating a unified platform of services. The core offering consists of property management operations for apartment communities, supplemented by eight service modules: Property Operations, Construction Management, Management Advisory and Consulting, Property and Portfolio Auditing Services, Due Diligence Services, Marketing and Public Relations, Financial Services, and Training and Education. The company manages a portfolio of over 70 apartment communities comprising more than 16,000 units across eight states in the Southeastern USA. Communities include The Monroe (Austin, TX), Hidden Creek (Gaithersburg, MD), Riverworks (Savannah, GA), The Eddy at Riverview Landing (Smyrna, GA), 500 Fifth (Nashville, TN), The Palms (Charleston, SC), Casa de Luna (Raleigh, NC), and numerous others.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services Full-service property management for multifamily apartment communities including tenant relations, maintenance, leasing, day-to-day operations, construction management, financial reporting, marketing, and due diligence for property owners.
• Apartment Communities Portfolio Portfolio of 70+ managed apartment communities comprising more than 16,000 units across eight Southeastern states including Georgia, South Carolina, North Carolina, Tennessee, Florida, Alabama, Texas, and Maryland. Includes named communities such as The Monroe (Austin, TX), Hidden Creek (Gaithersburg, MD), Riverworks (Savannah, GA), and 500 Fifth (Nashville, TN).

Named customers12 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Varden Capital PropertiescoreStrategic or Co-development Partner · 1 January 2021Varden Capital Properties merged with JEM Holdings in 2021 to form Fortis Property Management, creating a vertically integrated real estate investment management company.
• JEM HoldingscoreStrategic or Co-development Partner · 1 January 2021JEM Holdings, a New York City-based real estate investment company founded by Mikael Levey in 2011, launched Fortis Property Management in 2021 to vertically integrate into a full-service real estate investment management company. JEM has acquired 54 properties with over 9,600 multifamily units.
• Hammond Residential GroupcoreStrategic or Co-development Partner · 1 January 2021Hammond Residential Group, founded in 2007, successfully managed over 16,000 units throughout the Southeast and was responsible for overseeing the disposition of over 70 properties prior to the formation of Fortis.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Avenue5 Residential: National multifamily property manager with strong footprint in the Sunbelt region. Comparable to Fortis in service mix (property management plus consulting), target customers (institutional owners), and growth via third-party mandates.
• RAM Partners: Atlanta-based multifamily property manager with similar geographic roots in the Southeast, managing ~50,000+ units across the Sunbelt. Closest direct competitor to Fortis given shared headquarters region and multifamily focus.
• Hawthorne Residential Partners: Multifamily property management firm managing ~145,000+ units across the Southeast, Mid-Atlantic, and Texas. Direct competitor to Fortis with strongest geographic overlap of any peer.
• FPA Multifamily: Multifamily property management firm with ~165,000+ units across more than 20 states. Comparable to Fortis on third-party management model and Sunbelt geographic overlap.
• Pinnacle Property Management: National multifamily property manager managing 170,000+ units across 23 states. Comparable to Fortis on third-party management model, customer base (institutional owners), and Sunbelt presence.
• Greystar Real Estate Partners: Greystar is the largest multifamily property management and rental housing operator in the world, managing ~900,000+ units. Directly comparable to Fortis on core service offering (multifamily PM), customer base (institutional owners and REITs), and asset class focus.
• WinnCompanies: National multifamily property manager with strong presence in affordable and conventional housing. Comparable to Fortis on diversified service modules (PM, construction, advisory) and institutional ownership base.
• RangeWater Real Estate: Sunbelt-focused multifamily owner, operator, and developer managing ~90,000+ units across the Southeast. Directly competes with Fortis in the same high-growth metros (Atlanta, Nashville, Charlotte, Raleigh, Austin, Charleston).
• Bozzuto Group: Multifamily property management, development, and construction firm operating across the East Coast and Southeast. Directly comparable to Fortis on service modules (PM, construction management, advisory) and customer base.

Broad incumbents

• Lincoln Property Company: One of the largest diversified real estate service firms in the US, managing ~210,000+ multifamily units plus significant commercial and mixed-use assets. Overlaps with Fortis on multifamily PM but operates with broader scale and asset class diversification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fortis-property-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles28 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 Fortis Property Management