01
Acquisition
Multifamily acquisitions sourced and underwritten using real operational data from our 750-unit portfolio — not broker pro formas.
Learn moreMultifamily Specialists · Costa Mesa HQ · 6 States
Multifamily properties.
Built for owner returns.
California’s specialist multifamily property manager — 750+ units under management across six states, focused on owner returns under heavy regulation. AB 1482, LA RSO, Santa Ana RSO, and Pasadena Measure H expertise built into the operating model, not bolted on.
6+
States Served
25+
Years in Business
750+
Apartment Units
98%
Resident Satisfaction
About NextGen Properties
A specialist multifamily property manager — not a generalist.
Founded in Costa Mesa in 2000, NextGen Properties has spent 26 years building one thing well: multifamily property management for owners who care about returns. We don’t manage single-family homes, individually-held condos, or short-term rentals. Multifamily properties are the entire focus — and that focus shows up in everything from rent-control compliance to renovation cost discipline.
Southern California is our home and largest market. Six states is our footprint. The standards travel.
Our story
What We Do
Multifamily property management,
plus the platform behind it.
Management is the core. Acquisition, development, and construction sit underneath it — one integrated team, every dollar accountable to multifamily performance.
02
Property Management
Multifamily property management built around AB 1482, LA RSO, Santa Ana RSO and Pasadena Measure H compliance — with full leasing, maintenance, and owner reporting.
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03
Development
Ground-up apartment and townhome development. Phoenix track record: Canyon Townhomes (57 units, Alhambra) and Elevation Townhomes (48 units) — 105 Class-A units delivered.
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04
Construction
In-house renovation and ground-up construction for multifamily properties — no GC markup, no third-party execution risk, real cost discipline.
Learn moreOur Family of Companies
Our Portfolio
Apartment communities
we own, build, and manage.
Where We Operate
Multifamily property management across California & the Sun Belt
Heavy concentration in California — Orange County, Los Angeles, the Inland Empire, and San Diego. Real Phoenix presence anchored by 105 Class-A units we developed ourselves. Lighter, selective footprint in Nevada, Utah, Texas, and Florida.
Local rent-control fluency in every California submarket. One operating standard everywhere.
What Our Clients Say
Built on trust.
Backed by results.
“NextGen took over our 24-unit Costa Mesa building and within six months vacancy dropped from 12% to under 3%. They actually understand AB 1482 and how to keep a building leased without giving away the rent roll.”
Michael R.
Apartment Owner — Costa Mesa, CA
“We hold multifamily properties in California and Phoenix. NextGen runs both under one agreement, with one reporting standard. The unified financials alone save us hours every month.”
Sarah & David L.
Multifamily Portfolio Owners — Newport Beach, CA
“Our previous manager treated rent control as someone else’s problem. NextGen actually does the work — AB 1482 noticing, just-cause documentation, the registration filings. NOI was up double digits in the first year.”
James T.
Multifamily Owner — Irvine, CA
Get In Touch
Let's talk about
your multifamily property.
Whether you own one building or a portfolio, want to discuss a development opportunity, or are exploring co-investment — reach our team directly.
Common Questions
Multifamily property management
made clear.
The questions we hear most often from owners and prospective residents.
Multifamily properties only. NextGen Properties is a specialist multifamily manager — we operate apartment communities ranging from boutique infill buildings to 100+ unit communities across six states. We do not manage single-family homes, individually-held condos, or short-term rentals. For coastal single-family management in Southern California, our sister brand NextGen Coastal handles that work.
California-wide AB 1482 (with the current 2025-26 regional caps of 8.0% for LA-OC and 7.5% for the Inland Empire), the Los Angeles Rent Stabilization Ordinance, the Santa Ana Rent Stabilization Ordinance, and Pasadena Measure H. We also handle just-cause eviction compliance, AB 12 security deposit limits, and the patchwork of local registration and relocation-fee rules across our California footprint.
Six states. California is our headquarters and largest market — heavy presence across Orange County, Los Angeles County, San Bernardino County, Riverside County, and San Diego County. Real, on-the-ground Phoenix presence anchored by Canyon Townhomes (57 units, Alhambra) and Elevation Townhomes (48 units) — 105 Class-A units we developed ourselves. Lighter, selective footprint in Nevada, Utah, Texas, and Florida.
Call 949-392-8666 or fill out the form above. We do free consultations for multifamily owners — we’ll review your building, your current rent roll, and where the operational and rent-control upside actually is.
Careers at NextGen
Build a career
around multifamily properties.
We hire multifamily operators, leasing professionals, maintenance techs, and accounting talent who care about the work. Real growth, competitive comp, three positions open right now.
View Open Positions