Business Details
27 Years
experience
Trusted Property Management Services in Rockville, MD
Frontier Financial is a Washington, DC-based real estate investment firm that has specialized in the acquisition, repositioning, and servicing of investment properties and portfolios since 1999. Our expertise spans multifamily and commercial property rehabilitation, condominium conversions, and the management of both rental and condominium properties across the District of Columbia, Maryland, Virginia, and Florida. With a focus on non-performing loan acquisition and special servicing, we provide tailored solutions for complex real estate challenges. Our team combines decades of experience in real estate development, mortgage investments, and property management to deliver value-driven outcomes. We maintain long-standing relationships with suppliers and contractors to ensure cost-effective operations while prioritizing resident satisfaction through continuous feedback and performance-driven management. Our principals have resolved over $1.5 billion in real estate assets since 1991, leveraging deep industry knowledge to navigate diverse market conditions.Through Frontier Management, we oversee more than 2,500 units using advanced property management software to streamline operations and enhance reporting transparency. Our historic renovation projects demonstrate a commitment to modernizing aging properties while preserving architectural integrity. By integrating construction expertise through MBS Construction Group, we execute comprehensive property upgrades that maximize asset performance. Our client-centric approach ensures alignment with investor goals, evidenced by quarterly reporting for high-net-worth participants in our investment syndication programs.
Services
Multifamily Property Acquisition
Condominium Conversion
Loan Servicing
Property Management
Historic Renovation
Details
- Year established: 1999
Highlights and features
- We have over 25 years of experience in real estate investment and management.
- Our team has resolved $1.5 billion in securitized real estate assets since 1991.
- We maintain long-standing relationships with suppliers in all target markets.
- Our property management software provides real-time financial and operational metrics.
- We execute historic renovations with modern technological advancements.
What people say
Expert property management
Successful condominium conversions
Experienced team
Modern renovation techniques
Strong market knowledge
Services
Property Management
Frontier Management oversees multifamily and condominium properties with a focus on resident satisfaction and asset performance. Our teams maintain properties across five states using advanced software for financial tracking and operational efficiency. Continuous resident feedback informs management practices that reduce turnover and maximize property value.
Multifamily Acquisition
We acquire non-performing and sub-performing multifamily loans and properties ranging from 12 to 400 units. Our process includes due diligence, financial modeling, and strategic repositioning to transform underperforming assets into valuable investments across the East Coast and select national markets.
Condominium Conversion
Specializing in converting rental properties to owner-occupied condominiums, we implement major system upgrades including roofing, plumbing, and electrical. Our construction expertise ensures properties meet modern standards while maintaining structural integrity through comprehensive rehabilitation projects.
Loan Servicing
Our special servicing division manages defaulted commercial and multifamily loans through workout strategies, litigation management, and asset repositioning. We provide tailored solutions for non-performing debt including foreclosure proceedings, property liquidation, and cooperative mortgage restructuring for third-party investors and lenders.
Historic Renovation
MBS Construction Group executes gut renovations of aging properties while preserving architectural character. Our projects incorporate modern technology upgrades for electrical, plumbing, and HVAC systems across buildings ranging from 17 to 300 units, ensuring compliance with current standards while maintaining historical integrity.
People
Richard Payes
Principal
With 30 years in real estate development and mortgage investments, Richard Payes oversees commercial foreclosures and bankruptcy cases involving $1+ billion in non-performing assets. He holds a J.D. in real estate finance law and advanced degrees in urban planning and public management.
Benjamin Payes
Acquisitions Director
Benjamin Payes manages property acquisitions and due diligence with a Maryland real estate license. He joined Frontier in 2006 after economics studies at the University of Maryland, bringing expertise in commercial real estate transactions and broker relations.
Jurate Bujanauskas
Finance Administrator
Jurate Bujanauskas directs financial operations including project accounting and loan administration. With a Lithuanian academic background and real estate licenses in DC and Maryland, she has managed Frontier's financial systems since 2002.
Ari Payes
Operations Manager
Ari Payes coordinates cross-departmental operations as a Maryland-licensed real estate agent and CCIM professional. He graduated from Syracuse University in 2015 and manages property management, acquisition, and accounting tasks for Frontier's diverse portfolio.
Questions
What geographic areas do you serve?
We operate in Washington, DC, Maryland, Virginia, and Florida with experience across all U.S. regions for strategic acquisitions.
What property types do you manage?
Our portfolio includes multifamily rentals, condominiums, office buildings, retail spaces, and mixed-use developments ranging from 12 to 400 units.
How do you handle non-performing loans?
We specialize in defaulted loan administration through asset resolution strategies, litigation management, and property liquidation to recover investment value.
Can investors participate in your projects?
Yes, we offer investment syndication opportunities for high-net-worth individuals with quarterly reporting and performance tracking.
What construction services do you provide?
Our MBS Construction Group handles historic renovations, system upgrades, and property repositioning projects using modern engineering solutions.
How do you ensure resident satisfaction?
We conduct regular resident surveys and incorporate feedback into management evaluations to maintain high retention rates and property standards.
