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Industry · NAICS 531311 · sector 53 Real estate and rental and leasing

Residential Property Managers

Federal contract obligations classified under NAICS 531311, the organisations that win them and the agencies that award them.

USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.

Federal agencies obligated $206M in contracts classified under NAICS 531311, Residential Property Managers, in FY2026, and $550M over the five fiscal years since FY2023; the industry ranks 253 of 526 on this site.

Obligations were up 72% on FY2025 ($120M), with $0 so far in FY2027.

The largest recipient organisations over FY2022–FY2025 were Lima Charlie, Inc ($218M), 24 Asset Management Corp ($106M) and Parliament LLC ($86M).

By place of performance, the most money went to HI, MI and LA.

$206Mcontract obligations, FY2026FY2026 (1 Oct 2025 – 30 Sep 2026) · obligations
$550Mfive-year totalFY2023–FY2027 to date · obligations
$0FY2027 to dateFY2027 · obligations
253 of 526rank among industries on this sitefive-year obligations
145awards of $1.0M+ since FY2023FY2023–FY2027

Contract obligations by fiscal year

$0
$224M
$120M
$206M
$0
FY2023FY2024FY2025FY2026FY2027*
Contract obligations under NAICS 531311 by fiscal year. *FY2027 runs to the data date and is incomplete.

Compared with the largest industry FY2026

MeasureThis industryAircraft ManufacturingAll contracts
Contract obligations, FY2026$206M$45B$716B
Five-year total$550M$211B$3.0T
Share of all contract obligations, five years0%7.1%100%

Top contractors obligations, FY2022–FY2025

#OrganisationObligations
1Lima Charlie, Inc$218M
224 Asset Management Corp$106M
3Parliament LLC$86M
4Leumas Residential LLC$66M
5Vendor Resource Management, Inc.$61M
6J G M Property Group, Inc.$60M
7Information Systems & Networks Corporation$51M
8Aesthetic Home Investments LLC$41M
9Spectrum Solutions Acquisitions, LLC$38M
10Mosswood Property Development LLC$6.9M
11Iris Development LLC$3.4M
121 -800-Agentmatch.com, LLC$2.4M
13The Partimage Group LLC$2.0M
14Synergy Global Housing LLC$1.9M
15Cive SAS di Crivellaro Fabio e C.$710K
16Van Binsbergen & Associates, LLC$484K
17Empire Hospitality LLC$403K
18Jakks Management, LLC$346K
19Next Generation Logistics, LLC$170K
20Aq Global for General Trading & Contracting Co. W.l.l.$83K
21Haun Management Systems LLC$30K
22Progend Inc$24K
23Property & Environmental Management Inc$24K
24Ste Yasmine Garden$21K
25Syringa Property Management Inc$21K

$367K among the top 40 went to recipients not shown.

Buying agencies $1.0M+ awards

Where the work is performed

Largest awards since FY2023

RecipientAwarding agencyTypeAward valueBegunPlaceRecord
Information Systems & Networks CorporationDepartment of DefenseDepartment of the NavyContractDefinitive Contract$29M21 Aug 2025MDUSAspending
Spectrum Solutions Acquisitions, LLCDepartment of Housing and Urban DevelopmentContractDelivery Order$14M31 Jan 2025UTUSAspending
24 Asset Management CorpDepartment of Housing and Urban DevelopmentContractDelivery Order$13M5 Feb 2025FLUSAspending
Spectrum Solutions Acquisitions, LLCDepartment of Housing and Urban DevelopmentContractDelivery Order$12M7 Jan 2026UTUSAspending
24 Asset Management CorpDepartment of Housing and Urban DevelopmentContractDelivery Order$11M17 Dec 2024FLUSAspending
24 Asset Management CorpDepartment of Housing and Urban DevelopmentContractDelivery Order$11M17 Dec 2024FLUSAspending
J G M Property Group, Inc.Department of Housing and Urban DevelopmentContractDelivery Order$11M16 Feb 2024MIUSAspending
24 Asset Management CorpDepartment of Housing and Urban DevelopmentContractDelivery Order$11M13 Jan 2026FLUSAspending
24 Asset Management CorpDepartment of Housing and Urban DevelopmentContractDelivery Order$11M12 Nov 2025FLUSAspending
J G M Property Group, Inc.Department of Housing and Urban DevelopmentContractDelivery Order$11M20 Dec 2023MIUSAspending

Other industries in sector 53: Real estate and rental and leasing

Questions and answers

How much does the federal government spend on NAICS 531311?

$206M in contract obligations classified under Residential Property Managers in FY2026, $550M over the five fiscal years since FY2023. Obligations are commitments, not payments.

Who are the top contractors in Residential Property Managers?

Lima Charlie, Inc ($218M), 24 Asset Management Corp ($106M), Parliament LLC ($86M), Leumas Residential LLC ($66M), Vendor Resource Management, Inc. ($61M), by contract obligations over FY2022–FY2025.

Which agencies buy in this industry?

By the value of $1.0M-plus contracts since FY2023: Department of Housing and Urban Development ($390M), Department of Homeland Security ($149M), Department of Defense ($29M).

What is a NAICS code?

In USAspending's words: "NAICS stands for the North American Industrial Classification System. This 6-digit code tells you what industry the work falls into. Each contract record has a NAICS code." Assistance awards (grants, loans, direct payments) carry no NAICS code and are not counted here.

Provenance

Source: USAspending.gov API v2, spending by category (NAICS) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 NAICS list, so small amounts in a state may be missing. See methodology.