KW Property Management & Consulting
Background
Founded in 2004 by Certified Public Accountants Paul Kaplan and Robert White, KW Property Management & Consulting (KWPMC) has established itself as a leading provider of property management services. The company's mission is to deliver tailored solutions with a commitment to service and community well-being, underpinned by exceptional accounting practices. KWPMC specializes in managing luxury condominiums, mixed-use properties, homeowners associations, luxury motorcoach communities, and golf resorts.
Key Strategic Focus
KWPMC's strategic focus centers on delivering high-quality property management services that encompass exceptional accounting, knowledge-based maintenance, and superior customer service. The company leverages advanced technologies, including Ultimate Software, Microsoft Azure, and Atlassian Jira, to enhance operational efficiency. KWPMC primarily targets the Florida market, managing approximately 100,000 units across the state and the Bahamas.
Financials and Funding
As of April 2025, KWPMC reported annual revenues of approximately $750 million. The company has experienced significant growth, expanding from 700 employees to over 1,700 between 2015 and 2018, and increasing its managed units from 65,000 to more than 80,000 during the same period.
Technological Platform and Innovation
KWPMC distinguishes itself through the integration of advanced technologies into its operations. The company utilizes:
- Ultimate Software: For human capital management and payroll processing.
- Microsoft Azure: Providing scalable cloud computing services.
- Atlassian Jira: Facilitating project management and issue tracking.
These technologies enable KWPMC to streamline operations, enhance service delivery, and maintain a competitive edge in the property management industry.
Leadership Team
- Paul Kaplan: Co-Founder and Managing Director. A Certified Public Accountant, Kaplan co-founded KWPMC in 2004, bringing extensive experience in financial management and strategic planning.
- Robert White: Co-Founder and Managing Director. Also a Certified Public Accountant, White has been instrumental in shaping the company's growth and operational strategies since its inception.
- Katalina Cruz: Chief Operating Officer. Recognized with the South Florida Business Journal's Diverse Voices Award in 2022, Cruz has played a pivotal role in the company's operational expansion and diversity initiatives.
- Trycia Arencibia: Chief Financial Officer. Honored in the South Florida Business Journal's 2023 CFO Awards, Arencibia oversees the company's financial strategy and fiscal health.
Competitor Profile
Market Insights and Dynamics
The property management industry in Florida is highly competitive, with significant growth potential driven by the state's expanding real estate market. Key trends include the increasing demand for integrated property management services and the adoption of technology to enhance operational efficiency.
Competitor Analysis
- FirstService Residential: A major competitor, FirstService Residential offers comprehensive property management services across North America, focusing on enhancing property values and resident lifestyles.
- Associa: Specializing in community management, Associa provides services to homeowners associations, condominiums, and commercial properties, emphasizing community engagement and technological integration.
- Cushman & Wakefield: A global real estate services firm, Cushman & Wakefield offers property management among its extensive service portfolio, leveraging a vast network and resources.
Strategic Collaborations and Partnerships
KWPMC has secured high-profile development consulting assignments, including:
- Okan Tower: A 70-story hotel and condo tower in downtown Miami, marking the first U.S. project for Turkish developer Bekir Okan.
- The Plaza Coral Gables: A mixed-use development in Coral Gables, featuring residential units, retail space, a luxury hotel, and office space.
- 5775 Collins Avenue: The redevelopment of the former Marlborough House property in Miami Beach into a 17-story, 90-unit luxury condo building.
These collaborations underscore KWPMC's expertise in managing complex, large-scale projects and its ability to partner with prominent developers.
Operational Insights
KWPMC's strategic considerations include:
- Market Position: As one of Florida's largest property management firms, KWPMC leverages its extensive portfolio and regional expertise to maintain a competitive advantage.
- Competitive Differentiators: The company's commitment to exceptional accounting, advanced technological integration, and a client-centric approach distinguishes it from competitors.
Strategic Opportunities and Future Directions
Looking ahead, KWPMC aims to:
- Expand Market Presence: Continue growth within Florida and explore opportunities in adjacent markets.
- Enhance Technological Capabilities: Invest in emerging technologies to further streamline operations and improve client services.
- Strengthen Community Engagement: Foster deeper relationships with communities to enhance service offerings and client satisfaction.
Contact Information
- Website: kwpmc.com
- LinkedIn: KW Property Management & Consulting
- Headquarters: Miami, Florida