Magellan Property Management, LLC (MPM)

MPM brings an elevated understanding of luxury living to every rental and condominium property it develops, manages, markets, and operates. Our expertise is engineered to deliver the ultimate lifestyle experience, and we raise the bar for urban residential leasing and management every single day. A track record of industry recognition reflects our relentless commitment to excellence.

Proven Record-Breaking Lease-Ups

Magellan Property Management is a nationally recognized leader in leasing and property management. We’ve successfully launched and stabilized 16 major Class A urban properties, all with record-setting absorption rates. Our proven systems drive rapid lease-ups while consistently achieving the highest attainable market rents. During stabilization, our properties see rents climb up to 20% above pro-forma projections.

From Groundbreaking to Fully Stabilized

As an affiliate of Magellan Development Group, we bring an integrated perspective to the entire development lifecycle. Our team includes veterans across construction, property management, and marketing, giving us a distinctive edge from day one. We establish proactive maintenance schedules, manage all work orders and service requests, and keep every common area in peak condition. Acting as the central communications hub between ownership, on-site teams, and service contractors, we ensure your quality expectations are not just met, they’re exceeded.

Our Commitment

Built on a culture of innovative thinking and deep industry expertise, MPM has earned the trust of residents, residential managers, investors, and developers nationwide. We are consistently recognized as one of the most forward-thinking residential real estate firms in the country, with multiple honors from IREM, the Institute of Real Estate Management, and leading local and national apartment associations.

Third-Party Management

Our comprehensive management and marketing capabilities reflect the breadth and depth of our expertise. Our third-party management portfolio includes partnerships with national clients such as US Equities, Hines, Mesirow Financial, Vista Property, and Intercontinental.

The MPM Operating Framework

• Accounting & Financial Reporting
• Record Keeping & Payroll Management
• Supplier & Vendor Oversight
• Rent Collection & Processing
• Budget Preparation & Strategic Analysis
• Liaison Services: Attorneys, Government Agencies, Accountants & Ownership
• Lease Documentation & Compliance
• Service Contract Monitoring
• Integrated Marketing & Brand Strategy
• Digital & Social Media Campaign Management
• Market Research & Competitive Positioning
• Full Administrative Support