Business Details
33 Years
experience
Your Trusted Partner for Property Management Solutions
Founded in 1993, Riedman has established itself as a trusted leader in real estate development, construction, and property management. Our expertise spans creating award-winning apartment communities across Upstate New York, the Finger Lakes, and Northwestern Pennsylvania. We prioritize thoughtful design, modern finishes, and amenities that enhance residents' lifestyles while revitalizing neighborhoods. Our mission focuses on building sustainable communities through collaborative partnerships, innovative thinking, and a commitment to long-term value. With over 4,000 managed units and a $200 million investment strategy in multifamily acquisitions, we combine fiscal responsibility with community-driven development.Our adoption of LISA AI streamlines operations, ensuring 24/7 service availability while maintaining a personal touch. Recognized as a Best Company to Work for in New York, we foster employee satisfaction and industry leadership. Our core valuespeople-first, transparency, and accountabilityguide every project, from single-family rentals to senior living facilities. Through strategic acquisitions and sustainable practices, we aim to redefine modern living standards while strengthening the regions we serve.
Services
Property Management
Real Estate Development
Acquisitions
Single-Family Rentals
Senior Living
Student Housing
Self-Storage
Construction
Multifamily Investments
Community Development
Details
- Year established: 1993
Highlights and features
- We have over 30 years of experience in multifamily real estate development.
- Our award-winning communities prioritize sustainable, community-driven design.
- LISA AI provides 24/7 leasing assistance and streamlined operations.
- We maintain a 97% resident retention rate through personalized service.
- Our team holds decades of expertise in value-add property acquisitions.
Services
Property Management
Riedman's property management services maximize asset value through expert leasing, maintenance, and resident relations. Our team handles pricing strategy, marketing, rent collection, and maintenance for multifamily units, commercial spaces, and specialized housing. With decades of regional expertise, we ensure properties operate efficiently while maintaining high resident satisfaction.
Real Estate Development
We develop high-quality residential communities using sustainable practices and market insights. Our in-house teams manage design, construction, and permitting processes to create modern living spaces that enhance neighborhoods. Projects focus on urban revitalization, suburban growth, and adaptive reuse of existing structures across Upstate New York and Pennsylvania.
Acquisitions
Riedman strategically acquires underperforming properties with redevelopment potential. Our $200 million investment strategy targets Class B/C multifamily assets in tertiary markets. We specialize in tax credit utilization, brownfield remediation, and value-add transformations to create long-term community and financial value.
Single-Family Rentals
Our single-family rental communities offer modern amenities with low-maintenance living. Properties feature private yards, updated kitchens, and energy-efficient systems. We manage all maintenance and landscaping, providing homeownership benefits without the associated responsibilities for residents in locations like Corning, NY.
Self-Storage Solutions
Farmington Self Storage provides secure climate-controlled and traditional storage units near Victor, NY. With 24-hour access, video surveillance, and flexible sizes from 6x11 to 10x20 units, we serve residential and commercial clients needing short or long-term storage solutions.
People
David J. Riedman
President & CEO
Founder of Riedman Companies with 30+ years in real estate development. Leads strategic growth while serving on multiple community boards. Holds a BS in Landscape Architecture from Purdue University.
Ken Hall
Chief Financial Officer
CPA with 11 years at Home Properties prior to joining Riedman. Oversees all financial operations and holds multiple accounting certifications. Graduated summa cum laude from St. John Fisher College.
Alec Riedman
Vice President of Property Management
Manages property operations and IT systems. Holds a BS in Industrial Management from Purdue. Serves on local non-profit boards and healthcare advisory committees.
Brian C. Walsh
Director of Acquisitions
Responsible for property sourcing and acquisitions strategy. Licensed NY Real Estate Broker with SUNY Cortland finance degree. Manages $200 million multifamily investment portfolio.
Mary Vogler
Director of Marketing
Leads brand strategy with 10+ years in multifamily marketing. Former Home Properties specialist. Focuses on digital marketing and community engagement initiatives.
Questions
What types of properties does Riedman manage?
Riedman manages apartments, single-family homes, senior living facilities, student housing, and self-storage centers.
Do you offer pet-friendly communities?
Yes, most communities allow pets with specific fee and breed restrictions.
How can I apply for an apartment?
Applications are available online or at our leasing offices for available units.
What is Riedman's development focus?
We specialize in multifamily housing, strategic acquisitions, and sustainable community development.
Are utilities included in rent?
Utilities vary by property; check specific community details for inclusions.
Videos
