%20-%20No%20Tagline.png)
Keinman was established in 1930, almost a century in business in Minnesota.
We manage Class-A, Class-B and Class-C market-rate apartments and student housing across Minnesota.
Yes we are licensed and insured.
Approximately 15-year average management tenure — many team members with us for decades
We like to review each property on a case by case basis. We typically bring on multifamily assets that are 40+ units, but sometimes we’ll consider partnering with owners that have smaller properties if it’s an area we’re really prominent in or it’s an area we’re interested in growing in.
Kleinman currently manages over 6000+ units across 170+ properties. All of our properties are located in Minnesota, with a majority spreading across the Twin Cities metro area.
Yes, we handle leasing, marketing and renewals. Leasing and renewals are included in our management fee.
We coordinate all maintenance and repairs and typically we can take care of them with our in-house teams, saving our clients time and money.
Our in-house maintenance team includes more than 40 skilled service technicians who work Monday through Friday from 8:00 AM to 4:30 PM. To ensure around-the-clock coverage, technicians rotate through a 24/7 on-call schedule.
Yes. We help strategize, plan and oversee all capital improvements and renovations.
We work closely with our dedicated legal counsel to ensure full compliance with all federal, state, and local housing laws. In addition, our team actively participates in industry organizations such as the Minnesota Multi Housing Association and the Institute of Real Estate Management to stay current on evolving regulations, best practices, and legislative changes that impact our properties and operations.
We have a 24/7 in-house maintenance team to service any maintenance related emergency issues.
We have an extensive tech stack that includes proprietary software as well as industry-leaders like RentManager, which is the most established, robust and well known property management software. We also incorporate the responsible use of Artificial Intelligence (AI) to increase efficiencies, reduce human error and save our clients money.
Yes, we have developed proprietary AI tools to increase efficiencies, reduce human error and save our clients money.
Owners receive monthly financial statements. In addition, some owners choose to have realtime online access to their financials through the Rent Manager Owner Portal.
Nearly any report an owner may require can be provided, including custom reports.
Owner funds are held securely in dedicated checking accounts. We maintain strict internal accounting controls to protect client funds. Additional details can be discussed during an initial call.
Yes. Many owners choose to have secure online access to their financials via the Owner Portal.
Our portfolio team prepares annual operating budgets and monitors income and expenses throughout the year. We work closely with owners to align the budget with their financial goals and performance expectations.
These practices help increase revenue while managing operating costs effectively.
We charge a small percentage of collected rent revenue on a monthly basis as collected. The fee varies slightly according to property type, size, condition and location.
No leasing commission, no renewal fees, no hidden transaction fees.
We market our vacancies through a mix of digital and traditional channels to reach a broad pool of qualified renters. This includes listings on major ILS platforms, targeted paid search and social media ads, our KRC Apartments website, and on-site materials like signage, banners, and flyers. We also see strong engagement through resident referrals, which continue to be a valuable source of new residents. All leasing leads are processed through our in-house leasing team, avoiding expensive leasing commissions.
Every applicant at Kleinman goes through a consistent and thorough screening process. We review income, rental history, and credit history, and conduct a criminal background check to ensure all residents meet our qualification standards. Our full rental application policy is available on the KRC Apartments website here for transparency and reference.
As of Q4 2025, we’re 97.5% occupied on average.
At Kleinman, we understand that evictions are a last resort, but when they become necessary, we manage the process from start to finish with precision and care. Our team is well-versed in Minnesota’s landlord-tenant laws and ensures every step is handled in full compliance with state and local regulations. We coordinate with legal counsel when needed and follow all required notices, filings, and timelines—protecting our clients’ interests while maintaining fairness and professionalism throughout the process.
Resident satisfaction and retention start with being present and responsive. Most of our staff are local and on site, allowing us to address concerns quickly and in person. We aim to deliver five-star service in every interaction and resolve issues promptly and professionally.
We also utilize resident survey and review programs to gain transparent feedback - celebrating what’s working well and identifying where we can improve. This consistent communication and accountability help us maintain high resident satisfaction, strong renewal rates, and long-term stability across the portfolio.
As often or as minimal as you’d like. If you’re a hands-off client, we like to connect at least one time per month. If you like to be more involved, we can establish a phone call or email update every other week.
Yes. Your property will be assigned a dedicated portfolio manager that will be your point person for all of your needs.
Ideally completely hands-off if that’s the kind of partnership you are looking for. We work best with clients who trust us as experts and we check in every couple of weeks to make sure we’re aligned and can share updates.
We have a long-standing history with our vendor partnerships, but we’re always happy to meet and assess any vendor you would like to work with or bring on with your property.
We’re experts on onboarding - we’ve done it many times. Onboarding can take anywhere from 30-90 days depending on the property size and intricacies of the property itself. We handle the entire process and walk you through step by step.
We’ve refined our transition process over decades of experience to make it as seamless and stress-free as possible. From the moment you choose Kleinman, our team takes the lead—coordinating directly with your outgoing management company to ensure nothing falls through the cracks. We handle the details, maintain clear communication, and make sure your residents experience a smooth handoff without disruption. Our proven process minimizes downtime, protects your financials, and gets your property operating efficiently under our care right away. Don’t worry, we’ve done this successfully countless times.
Onboarding can take anywhere from 30-90 days, depending on the property size, location and details involving current management whether it’s self-managed or under third-party management.
Kleinman is one of only five firms in Minneapolis—and the only third-party multifamily management company—to earn the AMO® (Accredited Management Organization®) designation from the Institute of Real Estate Management (IREM). It’s the industry’s highest mark of excellence in property management.
Learn how Kleinman’s expertise can bring added value to your investments.
From paying rent to requesting maintenance, find everything you need right here.
We don’t just manage properties—we build communities, foster careers, and create opportunities.
The wrong partner can drain your time, returns, and peace of mind. The FREE Property Owner’s Guide reveals what to look for — and what to avoid — when selecting a management firm.
Your property deserves more than just management—it deserves a thoughtful, personalized approach with a team dedicated to building strong, vibrant communities. Whether you're looking to fill more units, improve efficiency, or simplify maintenance, Kleinman is here to make it happen.
