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NAICS Code· 531311

NAICS 531311: Residential Property Managers

This U.S. industry comprises establishments primarily engaged in managing residential real estate for others. Cross-References.Show more

NAICS 531311 – Residential Property Managers encompasses the management and oversight of federally owned or leased residential properties, including military family housing, veterans’ housing, and other government-supported residential complexes. Services under this code include maintenance coordination, lease administration, tenant relations, financial reporting, compliance with federal housing standards, and facility operations under contracts such as those governed by the Military Housing Privatization Initiative or HUD-assisted programs.

30
Active Contracts
$180.0M
Total Obligations (12mo)
55
Awarded Contracts (12mo)
13
Contractors Awarded (12mo)
1
Median Bidders per Award
-23.5%
YoY Growth

Industry Spending Overview

Federal obligations, top contractors and agencies, and related industry codes for NAICS 531311.

AI Industry Description

NAICS 531311 – Residential Property Managers encompasses the management and oversight of federally owned or leased residential properties, including military family housing, veterans’ housing, and other government-supported residential complexes. Services under this code include maintenance coordina...

NAICS 531311 – Residential Property Managers encompasses the management and oversight of federally owned or leased residential properties, including military family housing, veterans’ housing, and other government-supported residential complexes. Services under this code include maintenance coordination, lease administration, tenant relations, financial reporting, compliance with federal housing standards, and facility operations under contracts such as those governed by the Military Housing Privatization Initiative or HUD-assisted programs. This NAICS plays a critical role in ensuring habitability, regulatory adherence, and quality-of-life standards for service members, federal employees, and eligible veterans residing in government-supported housing. It bridges real estate asset management with federal workforce support missions, often requiring specialized expertise in federal procurement rules, HUD guidelines, and DoD housing policies. No contractor data is available to identify top performers in this NAICS code. However, the sector typically includes large property management firms with federal contracting experience, small businesses certified under SBA programs, and specialized housing operations contractors with expertise in military and veterans’ housing environments. No agency data is available to identify primary buyers. Typically, demand originates from the Department of Defense through its housing privatization initiatives, the Department of Veterans Affairs for veteran residential programs, and the General Services Administration for federal employee housing assets. These agencies rely on third-party managers to deliver turnkey residential services under long-term, performance-based contracts. The competitive landscape is characterized by high barriers to entry due to regulatory complexity, security requirements, and the need for proven experience in federal housing programs. Opportunities exist for contractors with expertise in compliance, maintenance automation, and tenant services within federally regulated housing ecosystems, particularly as agencies seek to modernize aging infrastructure and improve resident satisfaction metrics.

Top Contractors

Companies with the highest total award value under NAICS 531311, ranked by dollars won.

Competition

How many companies historically bid on federal awards in NAICS 531311, from bidder counts reported on USAspending.

Usually Single-Bid

Half or more of reported awards drew exactly one bidder, usually a sign of incumbent-held work rather than an open field. · 4,244 reported awards

Median Bidders

1

Per reported award, all-time

Single-Bid Awards

51%

Share of reported awards with one bidder

10+ Bidder Awards

2%

Share of reported awards with 10+ bidders

Reported Awards

0

86% of 4,949 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 FamilyCompetitionMedian BiddersSingle-BidBidder MixReported Awards
531311This Code
Residential Property Managers
Usually Single-Bid151%
4,24486% of 4,949
53131NAICS Industry
Usually Single-Bid163%
6,17288% of 7,025
5313Industry Group
Activities Related to Real Estate
Usually Single-Bid170%
89,32984% of 106,372
531Subsector
Fewer Bidders228%
690,03287% of 788,668
53Sector
Real Estate and Rental and Leasing
Fewer Bidders232%
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 Residential Property Managers, by shared sector, subsector, and industry group.

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NAICS 531311 FAQ

Frequently Asked Questions

NAICS code 531311 covers Residential Property Managers. This U.S. industry comprises establishments primarily engaged in managing residential real estate for others. Cross-References.

Recently Posted in Residential Property Managers

NAICS: 531311
International
RFP004249 Property and Tenant Management Ontario
Solicitation # DDP-004249
The Canada Mortgage and Housing Corporation is inviting qualified proponents to submit proposals under RFP-004249 for Property and Tenant Management Services across selected multi-unit rental properties in Southern Ontario. CMHC aims to establish a non-exclusive agreement with one or more successful service providers to manage day-to-day operations including tenant relations, maintenance coordination, rent collection, lease administration, and compliance with housing programs. The initial contract term will begin on December 1st, 2026, and run through November 30th, 2029, with an option for CMHC to extend the agreement by up to two additional years, bringing the total possible duration to five years under the same terms and conditions. Proponents must download all solicitation materials directly from the Canada Buys portal as no hard or electronic copies will be distributed by CMHC. Responses are due by September 1st, 2026, at 4:00 PM Eastern Time, and all submissions must adhere to the requirements outlined in the official RFP documentation. The contracting authority for this procurement is Donna D'Ovidio, who can be reached via email at ddovidio@cmhc-schl.gc.ca. The services are to be delivered across multiple locations in Southern Ontario, with performance obligations extending throughout the region. As a federal agency, CMHC is proceeding under a government-wide procurement framework, and prospective bidders are expected to demonstrate proven experience in managing multi-unit residential properties, strong operational capacities, and the ability to comply with federal housing standards. Participation is open to all eligible suppliers who meet the specified criteria, and no set-aside provisions are in effect for this solicitation.
Canada Mortgage and Housing Corporation

POSTED

15 days ago

DEADLINE

in 4 days
View Details
NAICS: 531311
International
RFP004269 Property and Tenant Management Quebec
Solicitation # RFP004269
Canada Mortgage and Housing Corporation is issuing RFP-004269 to procure Property and Tenant Management Services for a selection of default co-operative housing properties located in Quebec. The goal is to establish a non-exclusive agreement with one or more qualified service providers who can deliver comprehensive management services, including property maintenance, tenant relations, financial oversight, and regulatory compliance, to ensure the continued operation and stability of these housing units. The contract will run for a maximum of three years, commencing on December 1, 2026, and concluding on November 30, 2029, with the possibility of extensions or modifications based on performance and operational needs. Proponents must submit their proposals by the deadline of September 8, 2026, at 4:00 p.m. Eastern Time, and are required to download all solicitation materials directly from the CanadaBuys portal, as no physical or emailed documents will be provided. The contract is open to federal suppliers and is not subject to any set-aside provisions. Donna D'Ovidio, Contracting Authority at CMHC, serves as the primary point of contact for inquiries. All work under this agreement will be performed across various locations within Quebec, and successful bidders will be expected to demonstrate capacity to manage multiple properties under differing conditions while adhering to CMHC’s standards and reporting requirements.
Canada Mortgage and Housing Corporation

POSTED

15 days ago

DEADLINE

in 11 days
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