Property managers
Cardinal Group Companies
Cardinal Group Companies is a Denver-based real estate management, investment, construction and marketing firm focused on multifamily housing. It manages student housing, conventional apartments and affordable communities, both for its own partnerships and for third-party owners, and it states that its management arm specializes in stabilizing distressed, undermanaged and under-improved properties.
Cardinal offers three management structures. Third party assigns a shared regional or portfolio manager and is aimed at single assets and smaller portfolios. Dedicated assigns Cardinal staff, which can include regional managers, RVPs and marketing and facilities resources, to one ownership group only, and is aimed at portfolios of at least six assets. Private label builds a custom management solution for owners who want to sit closer to operations.
Two affiliated companies sit alongside management. Cardinal Group Investments sponsors private equity partnerships in value-add student housing and mixed-use urban-infill property. Cardinal Group Real Estate Services handles construction management, CapEx management, facilities and make-ready services, from value-add renovations through ground-up construction. Marketing runs through a partnership with Agency FIFTY3.
The company has operated partnerships since 2008 and reports 57,000+ units and 117,300+ student housing beds under management, 2,300+ team members, a presence in 38 states and 58+ awards. Management fees are not published; the structure that applies depends on portfolio size.
Best for
Owners of student housing, conventional or affordable apartment communities who want a national third-party manager; the dedicated-team structure is aimed at portfolios of at least six assets, while single assets get a shared regional manager.
What they do
- Third-party property management
- Student housing operations
- Affordable housing management
- Construction management
- CapEx and renovation project management
- Facilities and make-ready services
- Private equity investment partnerships
- New development and lease-up operations
Details
| Attribute | Value |
|---|---|
| Founded | 2008 |
| Team size | 1,000+ employees |
What stands out
- Has operated partnerships since 2008 and reports a presence in 38 states
- Reports 57,000+ units and 117,300+ student housing beds under management
- Reports 2,300+ team members and 58+ industry awards
- Reports rising in the NMHC Top 50 Managers ranking for a fifth consecutive year