NAICS Code 531311: Residential Property Managers
National industry
SBA small business size standard: $12.5 million in average annual receipts
Definition
This U.S. industry comprises establishments primarily engaged in managing residential real estate for others.
Government contracts for this service: PSC Z1FZ Maintenance of Other Residential Buildings
Code facts
- Part of
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53
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531
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5313
- 53131
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5313
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531
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53
- Contract awards
- 59 In the last 12 months
- Contract obligations
- $117,815,345 In FY2025
NAICS codes and definitions come from the U.S. Census Bureau, size standards from the SBA and contract spending from SAM.gov/FPDS.
Business activities under NAICS 531311
- Apartment managers' offices
- Condominium managers' offices, residential
- Cooperative apartment managers' offices
- Managers' offices, residential condominium
- Managers' offices, residential real estate
- Managing cooperative apartments
- Managing residential condominiums
- Managing residential real estate
- Property managers' offices, residential real estate
- Property managing, residential real estate
- Real estate property managers' offices, residential
- Residential property managing
- Residential real estate property managers' offices
Looking for another activity? Search the NAICS code lookup or browse business activities from A to Z.
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $33,892,594 |
| FY2026 | $176,227,039 |
| FY2025 | $117,815,345 |
| FY2024 | $224,184,277 |
| FY2023 | -$14,515,594 |
Top contractors by obligations
| Rank | Contractor | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | 24 Asset Management Corp | $55,228,515 | |
| 2 | J G M Property Group, Inc. | $43,323,189 | |
| 3 | Lima Charlie, Inc. | $29,712,369 | |
| 4 | Alpine Companies, Inc. | $26,957,310 | |
| 5 | Information Systems & Networks Corporation | $14,268,341 | |
| 6 | Parliament LLC | $12,244,164 | |
| 7 | Leumas Residential LLC | $12,138,925 | |
| 8 | Aesthetic Home Investments LLC | $10,145,140 | |
| 9 | Spectrum Solutions Acquisitions, LLC | $9,092,732 | |
| 10 | Cive SAS DI Crivellaro Fabio E C. | $368,470 |
Top funding agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of Housing and Urban Development | $143,495,769 | |
| 2 | Department of Homeland Security | $51,793,495 | |
| 3 | Department of the Navy | $14,268,341 | |
| 4 | Department of the Army | $450,987 | |
| 5 | Department of Agriculture | $147,152 | |
| 6 | Department of State | $90,650 |
Top PSC codes by obligations
| Rank | PSC code | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Z1FZ Maintenance of Other Residential Buildings | $131,350,124 | |
| 2 |
X1FA Lease/ |
$52,464,749 | |
| 3 | R799 Other Management Support Services | $14,504,729 | |
| 4 | R610 Personal Property Management Services | $12,138,925 | |
| 5 | R699 Other Administrative Support Services | $368,470 | |
| 6 | L079 Technical Representation Services: Cleaning Equipment and Supplies | $29,555 | |
| 7 | Z2FA Repair or Alteration of Family Housing Facilities | $26,933 | |
| 8 | Z2FZ Repair or Alteration of Other Residential Buildings | $24,732 | |
| 9 | Z1FA Maintenance of Family Housing Facilities | $9,429 | |
| 10 |
X1PZ Lease/ |
$1,303 |
Contract obligations by state
| Rank | Place of performance | Obligated, last 12 months | Share |
|---|---|---|---|
| 1 | Hawaii | $44,270,008 | |
| 2 | Florida | $44,147,947 | |
| 3 | Michigan | $43,323,189 | |
| 4 | Utah | $36,050,042 | |
| 5 | Maryland | $14,815,061 | |
| 6 | Arkansas | $3,696,011 | |
| 7 | Iowa | $2,478,470 | |
| 8 | Louisiana | $1,454,810 | |
| 9 | Missouri | $1,242,425 | |
| 10 | Arizona | $905,369 | |
| 11 | Kentucky | $721,133 | |
| 12 | Alabama | $448,016 | |
| 13 | New Jersey | $270,000 | |
| 14 | Kansas | $72,000 | |
| 15 | Illinois | $40,171 | |
| 16 | District of Columbia | $32,507 |
Show all 16
Shares are of everything obligated under NAICS 531311 in the last 12 months before deobligations, including work performed abroad or with no place of performance on record.
Contract opportunities
Show 37 more
Latest 47 of 273 listed here. See the rest on GovTribe.
Size standard history
Federal Register rules that named this code
Proposed size standard changes
| Proposed rule | Published | Comments |
|---|---|---|
| Small Business Size Standards: Monetary-Based Industry Size Standards | Closed Oct 21, 2025No final rule found |
From the NAICS codes each rule's amendments to 13 CFR 121.201 name. Rules that print their size standard tables as images aren't listed.
Quick answers
What is NAICS 531311?
NAICS 531311 is Residential Property Managers, a national industry in NAICS 53, Real Estate and Rental and Leasing.
What is the NAICS code for apartment managers' offices?
The NAICS code for apartment managers' offices is 531311, Residential Property Managers.
What is the NAICS code for residential property managing?
The NAICS code for residential property managing is 531311, Residential Property Managers.
What is the NAICS code for managing cooperative apartments?
The NAICS code for managing cooperative apartments is 531311, Residential Property Managers.
When did the size standard for NAICS 531311 last change?
The most recent Federal Register rule on record that names NAICS 531311 in the SBA's size standards is "Small Business Size Standards: Adjustment of Monetary-Based Size Standards, Disadvantage Thresholds, and 8(a) Eligibility Thresholds for Inflation" (87 FR 69118), published Nov 17, 2022 and effective Dec 19, 2022.
How much do federal agencies spend under NAICS 531311?
Federal contracts under NAICS 531311 obligated $117,815,345 in fiscal year 2025 and $537,603,661 in fiscal years 2023 through 2027.
Who are the largest contractors under NAICS 531311?
The contractors with the most obligated under NAICS 531311 in fiscal years 2026 and 2027 are 24 Asset Management Corp ($55,228,515); J G M Property Group, Inc. ($43,323,189); and Lima Charlie, Inc. ($29,712,369).
Which agencies buy the most under NAICS 531311?
The agencies that obligated the most under NAICS 531311 in fiscal years 2026 and 2027 are Department of Housing and Urban Development ($143,495,769), Department of Homeland Security ($51,793,495) and Department of the Navy ($14,268,341).
Which PSC codes are used with NAICS 531311?
The PSC codes with the most obligated under NAICS 531311 in fiscal years 2026 and 2027 are Z1FZ Maintenance of Other Residential Buildings, X1FA Lease/
Where is the work under NAICS 531311 performed?
By place of performance, the states with the most contract obligations under NAICS 531311 over the last 12 months are Hawaii ($44,270,008), Florida ($44,147,947) and Michigan ($43,323,189).
What is the latest contract opportunity under NAICS 531311?
The latest contract opportunity under NAICS 531311 is Field Service Management Services 3. 12 Areas [3A/
On GovTribe
See everything under NAICS 531311
- Federal contract opportunities, awards and IDVs under this code
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