East Coast Management

What East Coast Management does

East Coast Management is a privately held community association management firm headquartered in Springfield, Virginia. Founded around 1987 by Ken Eiriksson (MBA in Finance, 15+ years of community management experience, previously a founding partner at a larger management company), the firm exclusively serves homeowners associations and condominium associations across Northern Virginia. As of the most recent data, it manages 15 communities comprising more than 2,300 individual units with combined association budgets exceeding $5 million, supported by a lean staff of three full-time and one part-time employee.

The firm's service offering is organized into two core areas — Financial Management and Operational Management. Financial Management covers accounts payable/receivable processing, delinquency monitoring, financial statement preparation, budget formulation, reserve analysis and fund management, database management, and resident communications. Operational Management covers community manager placement, reporting, meeting attendance, contracting procedures, property inspections, covenant enforcement, and curb appeal maintenance. A resale certificate preparation service is offered as a DPOR-regulated add-on. Underlying delivery is a proprietary in-house software suite (Accounts Receivable, Financial Statement, and owner Database Management programs) developed by a company principal, running on a personal computer network with a Pentium-based file server and modem-based remote access for Boards. The firm is a member of the Community Associations Institute (CAI).

East Coast Management operates a relationship-based, direct sales go-to-market with no resellers or distribution channels, relying on industry reputation and referrals within the Northern Virginia community-association ecosystem. Revenue is generated through recurring management fees tied to the scope and size of services per association, plus transactional resale certificate fees. The firm has participated in over 50 successful management transitions over the past ten years and reports that no client has ever required a special assessment or fee increase to cover reserve fund deficiencies, supporting a track record of long client tenures — multiple associations have been continuous clients since the late 1980s and early 1990s.

Name

East Coast Management

Legal name

East Coast Management

Website

https://eastcoastmgmt.net

Company type

Private

Founded year

1987

Operating status

Operating

Short description

East Coast Management is a privately held community association management firm in Springfield, Virginia, serving 15 HOAs and condominium associations across Northern Virginia with financial, operational, and resale certificate services, supported by proprietary in-house accounting and database software.

Ownership category

akta.pro rank

Product category

Community Association Management

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Homeowners Association (HOA) Management (BPAJAHAB)

akta.pro secondary industries

Association Accounting, Budgeting & Financial Reporting Services (BPAJAHAL), Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

Keywords

• Community association management
• HOA management services
• Condominium management
• Reserve fund management
• Covenant enforcement services

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Community Association Management Services: Recurring management fees from community associations (HOAs and condominiums) based on the scope and size of services provided. The company manages 15 communities with over 2,300 individual units and budgets exceeding $5 million.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

East Coast Management provides professional financial and operational management services for community associations (HOAs and condominium associations) in Northern Virginia. The company delivers accounting, budgeting, reserve fund analysis, database management, covenant enforcement, property inspections, contractor management, and dedicated community manager placement. The firm currently manages 15 communities with over 2,300 individual units and association budgets exceeding $5 million.

Product overview

East Coast Management is a community association management company offering a unified suite of services organized into two core areas: Financial Management and Operational Management. Financial Management encompasses accounting functions (accounts payable/receivable), delinquency monitoring, financial reporting, budgeting, reserve analysis, and database management. Operational Management covers community manager placement, property inspections, contracting, covenant enforcement, and meeting attendance. Additional services include resale certificate preparation. The company manages 15 communities with over 2,300 units and budgets exceeding $5 million in the Northern Virginia area.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Management Comprehensive financial management services for community associations including accounts payable and receivable processing, delinquency monitoring, financial statement preparation, budget formulation, reserve analysis and fund management, database management, resident communications, and record keeping. Targeted at HOAs and condominium association Boards of Directors in Northern Virginia.
• Operational Management Operational management services for community associations including management transitions, community manager placement, reporting, meeting attendance, contracting procedures and management, resource conservation, property surveys, inspections, covenant enforcement, and curb appeal maintenance. Targeted at HOAs and condominium associations in Northern Virginia.
• Resale Certificate Services Preparation and issuance of resale certificates for property transactions, including property inspections, document preparation in electronic or paper form, expedited processing, pre-settlement updates, and post-closing ownership record updates. Fees are set by the Virginia DPOR. Targeted at homeowners, buyers, settlement agents, and real estate professionals handling unit resales within managed communities.
• Community Manager Placement Assignment of a dedicated community manager with an MBA in finance and over 15 years of community management experience to oversee association operations, financial management, and property maintenance on a continuing basis. Targeted at HOA and condominium association Boards of Directors.

Quantifiable outcome

• Zero special assessments or fee increases required to cover reserve fund deficiencies across all clients
• +3 more outcomes

Named customers22 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Community Associations Institute (CAI)coreOthersEast Coast Management is a member of the Community Associations Institute (CAI), a professional organization for community association governance and management. This membership provides industry resources, best practices, and professional development.

Scale indicators6 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• FirstService Residential: FirstService Residential is a national leader in residential property and community association management, serving HOAs, condos, and co-ops. Comparable to East Coast in core service offering but with vastly greater scale, geographic reach, and technology investment.
• Associa: Associa is the largest community association management company in North America, managing thousands of HOAs, condominiums, and master-planned communities. A direct, but much larger, competitor to East Coast's HOA/condo management offering.

Direct peers

• Cardinal Management Group: Mid-Atlantic community association management firm serving HOAs and condominiums across Virginia, DC, and Maryland. Closely comparable in service mix and customer base to East Coast.
• Legum & Norman: Long-standing Mid-Atlantic HOA and condominium management firm serving the DC/Northern Virginia market (now part of Associa). Was a direct geographic competitor to East Coast Management in the NoVA region.
• Gates Hudson Community Management: Northern Virginia-based community association management company focused on HOAs, condominiums, and planned communities. Geographic and offering overlap with East Coast Management in the NoVA market.
• Sentry Management: National community association management company headquartered in Florida with a strong presence in HOA and condominium management. Comparable service offering with broader geographic reach than East Coast.
• RealManage: Community association management company serving HOAs, condominiums, and master-planned communities across multiple U.S. markets with proprietary technology (CRM/CiraConnect). Direct competitor at a similar mid-sized scale.
• Community Management Corporation: Mid-Atlantic community association management firm serving HOAs and condominium associations with financial and operational management services — closely comparable service model to East Coast.
• CAMS (Community Association Management Solutions): Regional community association management company focused on HOAs and condominiums with emphasis on financial and operational management. Similar offering profile and scale to East Coast Management.

Others

• Community Associations Institute (CAI): National industry association and professional society for community association governance and management. East Coast is a CAI member; CAI sets industry standards, credentials (CMCA, AMS, PCAM), and provides referral channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 East Coast Management