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Property managers

Highmark Residential

Highmark Residential is a multifamily property management company that operates conventional apartment communities for institutional owners across the United States. The site says it manages over 400 communities and serves more than 100,000 residents.

The company performs leasing, marketing, accounting, legal and financial analysis work in house, and lists construction and CapX management, due diligence and property transitions, new construction and development, and information technology among its business services. It also describes asset value enhancement through capital improvements, strategic repositioning programs, and turnarounds of sub-performing and non-performing assets.

Highmark reports a team of 2,200 associates and is a subsidiary of Starwood Capital Group. It is ranked in the Top 50 for Apartment Owners and Management Companies in the United States by the National Multifamily Housing Council. The corporate office is at 5080 Spectrum Drive in Addison, Texas, with regional corporate offices in Georgia, Colorado, Maryland, Florida, North Carolina, and Texas.

Management fees, minimum portfolio size, and the states in which Highmark accepts third-party assignments are not published; the contact page lists a corporate number and separate regional office contacts.

Best for

Institutional apartment owners who want a third-party manager with regional offices across the South, Mid-Atlantic, and West. The site describes no program for single-property or non-multifamily owners.

What they do

  • Residential property management
  • Construction and CapX management
  • Due diligence and property transitions
  • New construction and development
  • Property repositioning and turnarounds
  • Marketing, sales, and brand support
  • Property and corporate accounting
  • Information technology and reporting systems

Details

AttributeValue
OwnershipSubsidiary
Team size1,000+ employees
Other officesHolly Springs, GA, Parker, CO, Gaithersburg, MD, Heathrow, FL, Sunrise, FL, Charlotte, NC, Houston, TX

What stands out

  • Manages more than 400 apartment communities and serves over 100,000 residents.
  • A team of 2,200 associates oversees accounting, marketing, management, and daily operations.
  • A subsidiary of Starwood Capital Group.
  • Ranked in the Top 50 for Apartment Owners and Management Companies in the United States by the National Multifamily Housing Council.
  • Regional corporate offices in Georgia, Colorado, Maryland, Florida, North Carolina, and Texas.