FPI Management, Inc. has been in business
since 1968. Initially, the company was established as a subsidiary of Federal
Projects Incorporation (FPI). FPI defined itself as a developer and builder of
market rate and subsidized apartment communities, throughout Northern
California. Our business team developed the expertise to manage a variety of
multifamily assets over the years.
Today, FPI Management has a portfolio
of over 62,000 market rate and affordable units, in 11 states. FPI Management is
currently designated by MultiFamily Executive as the 11th largest property
management company in the nation. The affordable division of FPI Management,
alone, is designated by National Affordable Housing Management Association as
the 11th largest affordable management company in the nation. FPI Management is
the single largest management company in California.
FPI Management is
uniquely a third party fee for service provider. FPI Management does not have
any interest in any property that it manages.
As FPI Management embarks on 2013, we anticipate
continued growth in our market rate and affordable divisions, as well as our
integration with several thousand units of senior housing, known as "Affinity".
During 2012, FPI Management added bench strength to our team by
developing several functions that had previously been accomplished with a less
formal business template.
FPI Management now has a dedicated Marketing
Team. This team is lead by the Director of Marketing, which offices at the
Folsom, CA corporate facility. It is supported by two FPI Management marketing
experts that office in Costa Mesa and Seattle. This team assists the executive
staff and portfolio managers for all marketing needs at the corporate and site
FPI Management has also developed a team of skilled maintenance
technical advisors. This team consists of two individuals from the Costa Mesa
office, one individual in the San Francisco Bay Area, and one individual in the
Pacific Northwest region. This team provides expert advice and consultation on
capital improvement and assessment needs. They also provide evaluation and
direction for the completion of preventative, and corrective maintenance
projects, at the site level.
FPI Management InformationTechnology (IT)
and Resident Services Department (RSD) support services have become a powerful
and strategic element, in the delivery of the highest possible level of
comprehensive management services. These departments are considered cutting edge
with today’s technology. FPI Management continues to “roll out” numerous
innovative, time efficient, and cost effective initiatives to meet the real time
demands for relevant information to clients, customers, providers, residents and
During 2011 and
2012, FPI Management became, and continues to be a participating partner with
the Susan G. Komen Cure for Cancer organization. Through company-wide
initiatives FPI Management communities have raised approximately $100,000 for
During 2012 and continuing through 2013, FPI Management
has formed an alliance with the Make A Wish foundation. Collaborative efforts
from all 475 FPI managed communities will be vested in this opportunity.
FPI Management has developed a strategic relationship with a client that
currently owns multiple properties throughout California and the Pacific
Northwest. Together, FPI Managmeent, the client and the properties, have
embraced and participated in well over 50 charitable organizations.
FPI Management is moving forward into 2013
with passion, commitment and inspiration. Stay tuned!