C-Star Management, LLC

Background

Established in 1995, C-Star Management, LLC has evolved into a prominent real estate management firm in Oklahoma. The company's mission is to provide a fun, friendly, and worry-free environment for every resident, fostering a strong commitment between residents and management. With a focus on property management, construction, and development, C-Star has built a reputation for quality resident management, competitive leasing, and superior service. The firm's portfolio includes a diverse range of residential and commercial properties, reflecting its significant presence in the real estate industry.

Key Strategic Focus

C-Star Management specializes in comprehensive property management services, including proformas, acquisitions, community analysis, professional staffing, and 24-hour maintenance. The company also offers construction services, ranging from new custom builds to complete renovations, and employs licensed HVAC and plumbing mechanics to ensure prompt and accurate issue resolution. Additionally, C-Star provides brokerage services through One Broker Place and manages various commercial properties, including retail, office, and industrial spaces.

Financials and Funding

As of 2024, C-Star Management reports an annual revenue of approximately $4.9 million and employs around 63 staff members. The company has experienced steady growth since its inception, expanding its portfolio and services to meet the evolving needs of the real estate market.

Pipeline Development

C-Star Management continues to expand its portfolio by developing new residential and commercial properties across Oklahoma. The company is actively involved in land development projects in Stillwater, Oklahoma City, and Edmond, focusing on both residential and commercial sectors. These developments aim to enhance the company's market presence and provide quality living and working spaces for the community.

Technological Platform and Innovation

C-Star Management leverages technology to enhance its property management services. The company offers online rent payment options for apartments, houses, duplexes, and COAs, providing convenience for residents. Additionally, C-Star employs licensed HVAC and plumbing mechanics to ensure efficient maintenance services, utilizing modern tools and techniques to address issues promptly.

Leadership Team

Howard Aufleger, President: With over 40 years in real estate, Howard founded C-Star Management in 1995. He holds a Real Estate Broker license and has served as past president of the Stillwater Apartment Association.

Barrett Aufleger, Vice President: A 2007 finance graduate from Oklahoma State University, Barrett oversees C-Star’s facilities management and maintenance department, including OSU Greek living and external contracts.

Seth Aufleger, Director of Property Management: Since 2007, Seth has progressed from leasing consultant to regional manager by 2015. He completed Leadership Stillwater and was recognized as an Emerging Leader Under 40.

Shelbi Pollaro, General Manager: Employed since 1992, Shelbi has been integral in site management, accounting, human resources, advertising, and organizational management. She holds an active Oklahoma real estate license.

Leadership Changes

There have been no recent significant changes or appointments within C-Star Management's leadership team.

Competitor Profile

Market Insights and Dynamics

The property management industry in Oklahoma is competitive, with numerous firms offering a range of services. The market is characterized by steady demand for residential and commercial property management, driven by population growth and economic development in the region.

Competitor Analysis

Key competitors in the Oklahoma property management sector include:

Stillwater Property: Offers property management services in Stillwater, OK, with a focus on residential properties.

Benchmark Properties: Provides real estate and property management services, including rentals and sales.

Campbell Property Management: Specializes in managing residential properties, offering leasing and maintenance services.

These competitors focus on residential property management, with some also offering real estate sales and leasing services.

Strategic Collaborations and Partnerships

C-Star Management collaborates with various stakeholders to enhance its service offerings. The company manages multiple technology and research buildings for Oklahoma State University, demonstrating its capability in handling specialized commercial properties.

Operational Insights

C-Star Management's strategic considerations include maintaining a high standard of excellence to ensure the highest possible value for clients' investments. The company emphasizes strong customer satisfaction through friendly service, knowledgeable management and maintenance staff, and a 24-hour service request policy. These factors contribute to C-Star's distinct competitive advantages in the property management industry.

Strategic Opportunities and Future Directions

C-Star Management aims to continue expanding its portfolio through new developments and acquisitions in both residential and commercial sectors. The company is focused on leveraging its expertise in property management, construction, and development to meet the evolving needs of the market. By maintaining a commitment to quality service and customer satisfaction, C-Star is well-positioned to achieve its future objectives.