Weinstein Properties

Weinstein Properties

Locally owned residential property management

About Weinstein Properties

Simplify's Rating
Why Weinstein Properties is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Real Estate

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

N/A

Overview

Weinstein Properties is a family-owned property management company that operates more than 21,000 rental units with a staff of over 600 employees, overseeing apartment communities and resident services centered on a culture of care. Its product is the management and operation of rental properties, with site-level management teams and comprehensive employee benefits to support residents and staff. It differentiates itself by being locally owned for three generations and by prioritizing people, engagement, and a strong community culture rather than just property management. Its goal is to provide excellent service and a positive living and working environment while growing its portfolio of properties and focusing on employee development and resident satisfaction.

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Simplify's Take

What believers are saying

  • Expands into Texas with McKinney acquisition and two North Texas deals.
  • Ivan Jecklin oversees acquisitions driving targeted multifamily growth.
  • Marcus Weinstein led $94M Alexan Summerhill purchase in Atlanta.

What critics are saying

  • Rising rates at 4.25–4.50% burden $102M–$135M deals, breaching covenants.
  • Sunbelt oversupply in Atlanta, Nashville stagnates rents by 2025–2026.
  • Nicolas Weinstein departure halts acquisition pipeline within 24 months.

What makes Weinstein Properties unique

  • Weinstein rebrands acquisitions as Bexley properties like Bexley West Creek.
  • Family-owned by Weinstein-Jecklin family manages 21,000 apartment homes.
  • Aggressively acquires Sunbelt multifamily like $102M West Creek complex.

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Benefits

401(k) Retirement Plan

Performance Bonus

Company News

Richmond BizSense
Mar 11th, 2025
Weinstein buys newly built West Creek apartment complex for $102M

Weinstein Properties last month purchased The Collective West Creek, a 335-unit complex at 1000 Collective Way, for $102.1 million, county property records show.

CoStar
Mar 27th, 2024
Sale of Bexley Sugarloaf Multifamily Development Fetches Top Price

Brand Properties sold the apartment complex formerly known as Haven at Sugarloaf for $135 million to Weinstein Properties.

The Business Journals
Dec 29th, 2023
Two New York-based firms buy Germantown apartment building for $78M

Virginia-based Weinstein Properties purchased the Bexley Stockyards apartments, for a per-unit sales price of $340,989.

France Media
Dec 14th, 2023
Cushman & Wakefield Brokers $94M Sale of Alexan Summerhill Apartments in Atlanta

Weinstein Properties purchased the property from the developers, Trammell Crow Residential and PGIM Real Estate.

Multifamily Affordable Housing
Dec 12th, 2023
Cushman & Wakefield Arranges Sale of 315-Unit Alexan Summerhill in Atlanta

Weinstein Properties purchased the asset from the developers, Trammell Crow Residential and PGIM Real Estate, for an undisclosed price.

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