Company and Competitor Overview
Umbrella Properties, established in 1975 by Chuck Shepard, is a prominent real estate management firm headquartered in Coburg, Oregon. The company specializes in providing affordable and comfortable housing across several locations including Eugene, Springfield, Bend, Junction City, Albany, and Lebanon. Managing over 3,000 rental properties, the company caters to a diverse range of residency types such as studio, one-bedroom, two-bedroom, and three-bedroom apartments, as well as duplexes, townhouses, and house rentals. A key focus is on properties that serve elder groups and are approved for Section 8.
Key Personnel
- Ryan Thompson: Chief Executive Officer
- Experience: CEO since Jan 2013; previously President and CFO
- Location: Eugene, Oregon
- Hope S. Green: Senior Vice President
- Education: University of Oregon
- Location: Eugene, Oregon
- Mark Hawes: Human Resources Director
- Location: Eugene, Oregon
- Dustin Cherry: VP Facilities
- Amy Donavanik & Kelsey Robertson: Asset Managers
The leadership team embodies deep expertise in real estate management, overseeing operations to align with the company's goals of regional dominance in comfortable and affordable housing.
Business Operations
Umbrella Properties operates as a full-service property management company, handling all maintenance requests proactively to maintain high-quality living environments. With a business pattern oriented towards regional dominance, the firm ensures efficient service across its extensive property portfolio. Strategic initiatives include the use of competitive move-in specials to attract residents and an emphasis on cybersecurity improvements due to a recent ransomware attack.
Financial Information
Umbrella Properties operates within the real estate industry, with an estimated revenue between $50 million to $100 million, indicating strong market presence. The company has an estimated annual revenue of $5.6 million with approximately 47 employees, resulting in a revenue per employee of about $120,000. The company has seen a 7% growth in its employee count, reflective of business expansion.
Locations and Contact Information
Main Office:
- Address: 91120 N. Willamette, Coburg, OR 97408
- Mailing: PO Box 8516, Coburg, OR 97408
- Phone: (541) 484-6595
- Email: umbrella@umbrellaproperties.com
- Hours: Monday – Friday: 8:30 am to 5:00 pm
Eugene Office:
- Address: 1070 S. Bertelsen, Eugene, OR 97402
- Phone: (541) 344-2710
- Email: umbrellawest@umbrellaproperties.com
- Hours: Monday – Friday: 9:00 am to 5:30 pm, Saturday: 10:30 am to 2:30 pm
Bend Office:
- Address: 1315 SE Armour Dr. #1, Bend OR 97702
- Phone: (541) 728-0757
- Email: bend@umbrellaproperties.com
Competitive Landscape
Umbrella Properties competes in a dynamic real estate market with several direct competitors:
1. JMA Properties
- Revenue: $5.3 million
- Employees: 44
- Dynamics: A slight decrease of 2% in employee growth
2. Rockwell Real Estate Group | eXp Realty
- Revenue: $4.7 million
- Employees: 39
- Dynamics: An 8% increase in employee growth
3. Gorilla Capital
- Revenue: $3 million
- Employees: 29
- Dynamics: A 4% increase in employee growth
4. Urban Nest Realty
- Revenue: $58.9 million
- Employees: 314
- Dynamics: An 8% increase in employee growth
- Other: Headquartered in Las Vegas, NV
5. Melvin Mark Brokerage
- Revenue: $7.3 million
- Employees: 54
- Dynamics: A 4% increase in employee growth
Competitive Positioning
Umbrella Properties positions itself as a local leader in rental properties, specifically serving diverse community needs, including housing for the elderly and low-income groups. Competitors vary in size, from larger firms like Urban Nest Realty to innovative players like Gorilla Capital, which focuses on property investment and renovation. To maintain competitiveness, Umbrella Properties may explore integrating technology-driven solutions to enhance property management and customer service.
This comprehensive report integrates critical data on Umbrella Properties and its competitors, serving as a valuable resource for strategic decision-making in enhancing market presence and operational efficiency.