Proven Property Management

For nearly 50 years, Genesis Properties has been dedicated to delivering unmatched service and value, creating exceptional communities that our residents are proud to call home. We tailor our management strategies to each asset, focusing on maximizing performance and long-term success.

Handling All Aspects of Property Management

Our property management team’s commitment to our partners maintains Genesis as a leader in multifamily housing, ensuring high standards of service, satisfaction, and community living.

- Leasing, resident retention, relations, and engagement programs
- Operating budget and capital plan preparation and monitoring
- Financial reporting
- Income generation
- Asset preservation and maintenance
- Construction project management
- Risk Management
- Acquisition analysis
- New development analysis
- Market analysis
- Value-add analysis
- Sustainability and conservation analysis
- Physical property inspection
- Lease audit
- Market analysis
- Crime statistics report

Our Expertise

Affordable, tax credit, and workforce/income-restricted
Class A, B & C
New construction
Garden, high-rise and mid-rise
Third-party fee management
Undervalued or value-add properties and newly acquired
Rent and ancillary income generation
Urban revitalization and restoration
CapEx budgeting, project management

Our Communities

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Property Management Testimonials

"I invested in a project in Richmond, Virginia with Genesis and have been very pleased with the management of the property. They leased it up very quickly and the occupancy has never been below 96% with a substantial NOI that makes the property worth a lot more than what I paid for it. They have and are doing an excellent job. Can't go wrong with this company. They live by their values."

Caduceus Development, Richmond, VA
“I had a property that was an old historic building in Virginia that was an old Confederate Hospital during the Civil War. My partners and I converted the property into apartments and offices with with our major tenant being Virginia State University. Genesis took over the property and it was a mess. They immediately went to work and turned it around and did a terrific job. Very pleased with the results.”

One South Commercial, Richmond, VA
“I was impressed with Genesis when they took over one of my properties that was a historic renovation of an old cigarette manufacturing company. It was really struggling. I had been through two management companies and they had not turned it around. In fact, one of the companies made it worse. Within six months, Genesis had made significant changes to the marketing and freshened up the property with new signage and other things to the outside. The occupancy was now over 94% and the NOI was up significantly. I would recommend them to anyone for property management."

Wood Building Co., Inc., Richmond, VA
"Genesis Properties Inc. managed several properties for me in Petersburg, Virginia and they did a terrific job. I would recommend them to anyone. Later they asked me to serve on their Board of Directors which I did for approximately four years. They live by their mission statement and that's the way they try to conduct their business."

Wood Building Co., Inc.
"I have known the principles of Genesis Properties for many years and they managed an investment in Richmond, VA for me that was an old 10 story bank building that I renovated into apartments, office, and retail. They did a great job."

Jim Hart
"Genesis Properties Inc. took over one of my properties in Petersburg and the NOI and occupancy was awful. They immediately freshened the place up so that it looked really good from the outside. Then they introduced a very effective marketing plan to get the property leased up. Within six months, my occupancy went up to over 93% and I was making money again. I thank them for the terrific job they did for my company."

Maramjen Investments
"We have been very pleased with our partnership with Genesis Properties, Inc. at the Edison in Richmond, VA. They continue to deliver high occupancy while never wavering on efficient and dedicated operations of the property. Their attention to detail in regards to tenant relations, leasing efforts, and management communication have led to continued revenue growth. Genesis Properties, Inc. stands by their core values and we would highly recommend them."

Alex Olson, Armada Hoffler Properties

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Proven Property Management

Handling All Aspects of Property Management

Property Management

Advisory Services

Due Diligence

Our Expertise