NAICS 531110: Lessors of Residential Buildings and Dwellings
This industry comprises establishments primarily engaged in acting as lessors of buildings used as residences or dwellings, such as single-family homes, apartment buildings, and town homes. Included in this industry are owner-lessors and establishments renting real estate and then acting as lessors in subleasing it to others. The establishments in this industry may manage the property themselves or have another establishment manage it for them. Cross-References. Establishments primarily engaged in--Show more
NAICS 531110 – Lessors of Residential Buildings and Dwellings encompasses the leasing of residential properties, including apartments, single-family homes, and other dwellings, primarily to support federal workforce housing needs. This sector plays a critical role in the government’s broader housing and personnel support infrastructure, particularly for military personnel, civilian employees stationed overseas or in remote locations, and temporary assignments requiring long-term lodging solutions.
Industry Spending Overview
Federal obligations, top contractors and agencies, and related industry codes for NAICS 531110.
AI Industry Description
NAICS 531110 – Lessors of Residential Buildings and Dwellings encompasses the leasing of residential properties, including apartments, single-family homes, and other dwellings, primarily to support federal workforce housing needs. This sector plays a critical role in the government’s broader housing...
NAICS 531110 – Lessors of Residential Buildings and Dwellings encompasses the leasing of residential properties, including apartments, single-family homes, and other dwellings, primarily to support federal workforce housing needs. This sector plays a critical role in the government’s broader housing and personnel support infrastructure, particularly for military personnel, civilian employees stationed overseas or in remote locations, and temporary assignments requiring long-term lodging solutions. Unlike transient hotel contracts, this NAICS covers long-term lease agreements for furnished or unfurnished residential units, often involving property management, maintenance coordination, and compliance with federal housing standards. These arrangements are essential for ensuring stable, secure, and cost-effective housing for personnel in high-demand or geographically isolated duty stations. The leading contractor in this space is Nika Corporate Housing LLC, a specialized provider of corporate and government housing solutions with deep expertise in managing large-scale residential leasing portfolios for federal clients. The competitive landscape is dominated by niche firms with established property management capabilities, rather than broad-based construction or real estate giants, reflecting the need for operational precision and regulatory compliance in federal housing programs. The Department of Defense is the primary acquiring agency, leveraging this NAICS to fulfill permanent change of station (PCS) housing requirements, temporary duty (TDY) accommodations, and overseas billeting needs. Demand is driven by force mobility, deployment cycles, and the need to provide compliant, quality housing that meets Uniformed Services Housing Standards. The market is characterized by low contractor density but high operational complexity, offering opportunities for property managers, real estate investment firms, and housing specialists with proven experience in federal compliance, lease administration, and military housing regulations. Contracting trends favor long-term, performance-based leases with integrated maintenance and inspection protocols, creating a stable but selective procurement environment.
Top Contractors
Companies with the highest total award value under NAICS 531110, ranked by dollars won.
| Company | Total Awards | Contracts |
|---|---|---|
| HOUSTON PT BAC OFFICE LP | $85.1M | 1 |
| PATRIOT GLOBAL LODGING LLC | $9.0M | 1 |
| C2 WORLDWIDE LLC | $1.9M | 3 |
| EXECUTIVE APARTMENTS INC | $1.9M | 3 |
| CREWFACILITIES.COM, LLC | $1.7M | 1 |
| OREGON PREMIER LOCATIONS, LLC | $1.5M | 7 |
| MADISON HOSPITALITY SERVICES, LLC | $669K | 3 |
| YUKON IT CONSULTANTS INC | $604K | 2 |
| THE ATCHISON GROUP, INC. | $452K | 5 |
| EMPIRE HOSPITALITY LLC | $288K | 5 |
Top Agencies
Federal agencies directing the most contract spending toward NAICS 531110.
Competition
How many companies historically bid on federal awards in NAICS 531110, from bidder counts reported on USAspending.
Median under 3 bidders per reported award. · 8,021 reported awards
Median Bidders
2
Per reported award, all-time
Single-Bid Awards
48%
Share of reported awards with one bidder
10+ Bidder Awards
5%
Share of reported awards with 10+ bidders
Reported Awards
91% of 8,844 total awards
How this code compares up the NAICS hierarchy. Parent cohorts pool every code under their prefix, so they are the steadier baseline when a 6-digit sample is thin.
| Industry Family | Competition | Median Bidders | Single-Bid | Bidder Mix | Reported Awards |
|---|---|---|---|---|---|
531110This Code Lessors of Residential Buildings and Dwellings | Fewer Bidders | 2 | 48% | 8,02191% of 8,844 | |
53111NAICS Industry | Fewer Bidders | 2 | 48% | 8,02191% of 8,844 | |
5311Industry Group Lessors of Real Estate | Fewer Bidders | 2 | 22% | 571,87588% of 648,615 | |
531Subsector | Fewer Bidders | 2 | 28% | 690,03287% of 788,668 | |
53Sector Real Estate and Rental and Leasing | Fewer Bidders | 2 | 32% | 919,89688% of 1,044,005 |
Bidder counts reported on past federal awards in this NAICS (USAspending). An open opportunity has no bidders yet, so this is the historical norm for similar work, not a fact about this solicitation. Not all awards report bidder counts, and fewer bidders often means incumbent-held work rather than an easier win. Federal reporting of bidder counts fell from ~96% of awards (FY2016) to ~30% (FY2018 onward); the chart shows shares of reported awards, and washed-out stretches mark years with fewer than 30 of them.
Related NAICS Codes
Industries similar to Lessors of Residential Buildings and Dwellings, by shared sector, subsector, and industry group.
Lessors of Nonresidential Buildings (except Miniwarehouses)
This industry comprises establishments primarily engaged in acting as lessors of buildings (except m...Lessors of Miniwarehouses and Self-Storage Units
This industry comprises establishments primarily engaged in renting or leasing space for self-storag...Lessors of Other Real Estate Property
This industry comprises establishments primarily engaged in acting as lessors of real estate (except...Offices of Real Estate Agents and Brokers
This industry comprises establishments primarily engaged in acting as agents and/or brokers in one o...Residential Property Managers
This U.S. industry comprises establishments primarily engaged in managing residential real estate fo...Nonresidential Property Managers
This U.S. industry comprises establishments primarily engaged in managing nonresidential real estate...Offices of Real Estate Appraisers
This industry comprises establishments primarily engaged in estimating the fair market value of real...Other Activities Related to Real Estate
This industry comprises establishments primarily engaged in performing real estate related services ...Explore contracts across multiple NAICS codes Browse all NAICS Codes
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