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Multifamily Property Management Services

Among the largest property management firms in the country as designated by the National Multifamily Housing Council (NMHC), our goal has never been to be the biggest. It has always been to be the best.

As a third-party fee manager, we know you have a choice in property management firms.  To earn and retain your business, at every property, every day, we have three goals:

  • Optimize investment outcomes, exceeding owner expectations
  • Through a culture of service, competence, integrity and respect, provide an extraordinary living experience for the more than 50,000 residents whom we are privileged to have live in a Drucker & Falk managed community
  • Do what is right

What We Do.

Drucker & Falk offers comprehensive multifamily services designed to address the most challenging and complex owner needs. Drawing on eight decades of experience, vast corporate resources, and a team of some of the most highly skilled and certified property management professionals in the industry, we specialize in:

  • Optimization of under-valued assets
  • Management and optimization of newly acquired, value-add properties
  • Repositioning, renovation and stabilization of challenging assets
  • New development consultation including site selection, project design, rent matrix, proforma development, target audience identification, competitor analysis, and value engineering of unit mix, amenities and materials
  • Lease up and management of new multifamily developments, on time and on budget
  • Construction consultation for the restoration and conversion of historic buildings into upscale multifamily housing
  • Management of tax credit, HUD, Section 8 and other program related or income restricted housing, maintaining pristine compliance with all stipulated lender and government requirements
  • Mixed use asset management

Continuously operating since 1938, we have unsurpassed expertise in the management and optimization of all asset types and vintage including:

  • Class A, B, C, vintage early 1900s through new construction
  • Garden, high rise, mid-rise
  • New development
  • HUD, tax credit, Section 8, affordable, work force/income restricted
  • Historic buildings converted to upscale apartments
  • Student housing
  • Age restricted, senior housing

Our portfolio classifications include:

 

Drucker & Falk has some of the longest tenured clients in the industry, several who have done business with us for over 40 years. Including assets sold, the average tenure of our asset management assignments is 12 years. 

We manage on behalf of a highly diverse client base including:

  • Institutional investors
  • Equity fund and portfolio managers
  • High wealth individuals and partnerships
  • Municipalities and government agencies (HUD, multiple state housing authorities)
  • Reits
  • Local, regional and national developers
  • Affordable and workforce housing entities
  • Court receiverships
  • Non-profits
  • Friends and family

Where We Operate.

Headquartered in Newport News, Virginia, we employ nearly 1,000 team members and manage more than 30,000 apartments in nine states including:

  • Virginia
  • Maryland
  • North Carolina
  • South Carolina
  • Georgia
  • Florida
  • Tennessee
  • Indiana
  • Missouri

We service our business commitments from four regional offices located throughout Virginia, Maryland, North Carolina and Georgia. 

If you would like to know more about our services, we would welcome the opportunity to connect!  Please fill out the form below.

Get in Touch

If you are an owner or investor and would like to know more about our services, we welcome the opportunity to connect!