---
title: Property Management
description: Property management is the supervision and oversight of residential and commercial real estate. Property management is often done through third party companies that specialize in a particular asset class
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Property Management](https://www.realized1031.com/glossary/property-management)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 22, 2022 2:24:00 PM

Property management is the supervision and oversight of residential and commercial real estate. Aiming to ensure that the property being managed meets a certain operational standard, property management looks to drive income growth while preserving the value of the property. Although some real estate owner-operators deploy their own property management division to oversee their assets, property management is often done through third party companies that specialize in a particular asset class. For example, Asset Campus Housing has specialized in student housing property management since 1986.

 

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