24 Asset Management Corp

Miami, FL Doing business as Fsr-24 Asset Management

UEI
URM8YYHQMLG3
CAGE
6EK51
Primary NAICS
531311 Residential Property Managers
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • For Profit Organization
  • Hispanic American Owned
  • Minority Owned Business
Entity structure
Corporate Entity (Not Tax Exempt)
Other NAICS codes in SAM.gov
Show all 35
SAM.gov registration date
Physical address
13155 SW 42nd St Fl 2, Miami, FL 33175, USA
Website
24asset.com
Employees
51-250
Estimated annual revenue
$10M-$50M
Industry
  1. Financials
  2. Diversified Financials
  3. Capital Markets
  4. Diversified Capital Markets
SIC code
67 Holding & Other Investment Offices
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Contract obligations by fiscal year

Fiscal year Obligated
FY2027 To date $0
FY2026 $55,168,396
FY2025 $3,892,395
FY2024 $51,045,736
FY2023 -$8,578

Top agencies by obligations

Rank Agency Obligated, FY2026–FY2027 Share
1 Department of Housing and Urban Development $55,228,515

Contract awards

Award Agency Obligated Awarded
Field service management for area [3A/4A] 86614526F00005 Atlanta Operations Branch $10,038,620
Field service management area 5P 86614526F00010 Atlanta Operations Branch $11,078,238
Area 1D field service management services 86614526F00009 Atlanta Operations Branch $5,351,606
Field service management area 4D/5D 86614526F00008 Atlanta Operations Branch $7,562,943
Delivery Order 86614524D00006-86614526F00002 Atlanta Operations Branch $10,124,600

Latest 5 listed here. See the rest on GovTribe.

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About the company

24 Asset Management Corp, doing business as Fsr-24 Asset Management, a minority-owned and Hispanic American-owned small business based in Miami, Florida, operates exclusively as a prime contractor delivering field service management and landscaping maintenance for HUD's foreclosed single-family real estate owned (REO) property portfolio, with a secondary footprint in federal grounds maintenance for the Department of Agriculture.

The company's customer base is heavily concentrated in HUD. Of 47 recent prime awards totaling $860.9 million combined potential value, 36 awards carrying $859.4 million (96% of award count, 99.8% of dollars) flow to HUD's Assistant Secretary for Housing/Federal Housing Commissioner. The remaining awards split between the Department of Agriculture Agricultural Research Service (7 awards, $908 thousand) and one-off task orders from GSA, the Army Corps of Engineers Baltimore District, and related USDA sub-offices. This concentration reflects a narrow service niche: 36 awards track to NAICS 531311 (Residential Property Managers, PSC "Maintenance Of Other Residential Buildings") and 10 awards to landscaping services under NAICS 782500.

24 Asset Management Corp holds a portfolio of single-award indefinite-delivery contracts issued by HUD on November 2, 2023, and June 1, 2022, structured by geographic service area. The 2023 cohort includes six IDVs: Area 3A/4A ($85.1 million ceiling), Area 5A/8A ($68 million), Area 3S/5S ($58.6 million), Area 4D/5D ($50.3 million), Area 5P ($70.2 million), and Area 1D ($37.2 million). An earlier 2022 cohort carries similar geographic divisions with ceilings ranging from $33.7 million to $65.1 million. Representative delivery orders issued under these vehicles include an $11.1 million firm fixed-price order for Area 5P awarded February 16, 2026 (completion February 15, 2027), a $10.04 million order for Areas 3A/4A awarded December 16, 2026 (completion February 15, 2027), and an $8.88 million order for Areas 4D/5D awarded February 3, 2025 (completion February 15, 2026). All orders are firm fixed-price with no set-aside designation and perform in Olympia Heights, Florida. The company also holds smaller USDA landscaping contracts valued under $200 thousand each and a GSA Federal Acquisition Service order for $475 thousand. The top five named IDV vehicles carry a combined potential value of $100.7 million across 15 task orders.

Activity has declined over the observed period. 24 Asset Management Corp averaged 12 awards per year in 2022, falling to 4 awards by 2026. Combined potential value obligated across all awards sits at $161.4 million (19% of the $860.9 million combined ceiling), indicating substantial unexercised capacity within the HUD IDV framework. Six awards with ultimate completion dates in the next twenty-four months carry combined potential value of $55.2 million, creating recompete exposure in that window — notably, the core 2023 HUD IDVs expire November 1, 2026, and the 2022 cohort expired April 30 to May 31, 2023, suggesting these vehicles may already be in recompete or successor procurement cycles.

On the Service Contract Inventory, 24 Asset Management Corp reported $49.7 million in SCI-reportable invoiced revenue across 30 prime records spanning FY2024–FY2025. FY2024 showed $6.7 million across 31.4 contract-level FTEs; FY2025 reported $43 million across 12.9 FTEs. The FTE figure dropped sharply year over year despite higher invoicing, suggesting a shift toward higher-productivity or higher-rate labor. On federal service contracts captured in SCI, median government-paid rates ran around $81.74 per hour, with the spectrum spanning a 10th percentile of $56.75 per hour through a 90th percentile of $165.41 per hour. Across SCI-reportable prime contracts, the vendor reported zero sub-hours share, confirming that 24 Asset Management Corp builds and staffs its own delivery teams rather than subcontracting work — consistent with its prime-only award posture across the full portfolio.

SBA capabilities narrative

End to End Default and Asset Management, including: early stage collection, field services/skip tracing, borrower outreach, loss mitigation, late stage recovery, REO asset management, attorney network management and portfolio advisory services.

Quick answers

Is 24 Asset Management Corp registered in SAM.gov?

Yes. 24 Asset Management Corp's SAM.gov registration is active through October 14, 2027.

How much has 24 Asset Management Corp received in federal contracts?

Federal contracts obligated $3,892,395 to 24 Asset Management Corp in fiscal year 2025 and $110,097,949 in fiscal years 2023 through 2027.

How does 24 Asset Management Corp rank among federal contractors?

24 Asset Management Corp ranked #3 in PSC Z1FZ, #7 in NAICS 53131 and #15 in NAICS 5313 in FY2025.

What is 24 Asset Management Corp's most recent federal award?

24 Asset Management Corp's most recent federal contract award is Field service management for area [3A/4A] (86614526F00005), from Atlanta Operations Branch, on December 16, 2026.

On GovTribe

See 24 Asset Management Corp's full federal record

  • Federal contract awards
  • IDV awards
  • Funding analysis by agency, NAICS and set-aside
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