Residential Property Managers: SBA business acquisition loan data
140 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Residential Property Managers (NAICS 531311), totaling $129M. Median loan $663,800, in line with the all-acquisition median. Annual volume rose 136% from FY2024 to FY2026.
Terms signed in the LOI shape the purchase agreement that follows.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $1,127,500 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.3% of all SBA-financed business purchases, ranking #69 of 300 industries tracked.
- Geography. Florida leads with 23 loans; the top five states account for 51% of the industry's acquisitions.
- Jobs. Lenders reported 1,759 jobs supported across these loans, about 12.6 per acquisition, a rough proxy for the size of business changing hands.
Residential Property Managers acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 6 | $3.7M | $313,500 | |
| FY2019 | 15 | $10.6M | $511,100 | |
| FY2020 | 14 | $14M | $487,500 | |
| FY2021 | 10 | $9.6M | $766,350 | |
| FY2022 | 8 | $8.8M | $699,600 | |
| FY2023 | 11 | $8.7M | $601,000 | |
| FY2024 | 14 | $12.3M | $656,250 | |
| FY2025 | 29 | $26.5M | $800,000 | |
| FY2026 | 33 | $34.8M | $800,000 |
How often do these acquisition loans fail?
Of the 45 Residential Property Managers acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), none have been charged off by the SBA. 27 have already been paid in full.
For comparison, Residential Property Managers has none charged off, against the 3.5% average across all SBA 7(a) acquisition loans in the same cohort. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Terms signed in the LOI shape the purchase agreement that follows.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 23 | 16.4% | $18.8M | |
| 2 | California | 23 | 16.4% | $15.5M | |
| 3 | Colorado | 14 | 10.0% | $11.2M | |
| 4 | Arizona | 7 | 5.0% | $11.4M | |
| 5 | Washington | 5 | 3.6% | $5M | |
| 6 | Minnesota | 5 | 3.6% | $3.1M | |
| 7 | Utah | 5 | 3.6% | $2.9M | |
| 8 | Texas | 4 | 2.9% | $7.2M | |
| 9 | Maryland | 4 | 2.9% | $6.8M | |
| 10 | Tennessee | 4 | 2.9% | $4.8M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 24 | 17.1% | $25.3M | |
| 2 | The Huntington National Bank | 11 | 7.9% | $6.7M | |
| 3 | Byline Bank | 9 | 6.4% | $10.7M | |
| 4 | Beacon Bank and Trust | 4 | 2.9% | $7.5M | |
| 5 | First Internet Bank of Indiana | 4 | 2.9% | $7.4M | |
| 6 | Pinnacle Bank | 3 | 2.1% | $6.1M | |
| 7 | Pathward National Association | 3 | 2.1% | $2.5M | |
| 8 | Columbia Bank | 3 | 2.1% | $1.7M | |
| 9 | UMB Bank, National Association | 3 | 2.1% | $1.6M | |
| 10 | Stearns Bank National Association | 3 | 2.1% | $1.2M |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Franchise brands in Residential Property Managers
11% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Real Property Management | 5 | 31.3% | $3.2M |
Questions buyers ask
How much is a typical SBA loan to buy a business in Residential Property Managers?
Median $663,800 across 140 acquisition loans (FY2018 to FY2026); the middle half ran $333,550 to $1,127,500. That is in line with the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Residential Property Managers acquisitions?
Live Oak Banking Company (24), The Huntington National Bank (11), Byline Bank (9), Beacon Bank and Trust (4), First Internet Bank of Indiana (4).
Are businesses in Residential Property Managers often franchised?
Sometimes. 11% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Real Property Management.
How risky are SBA loans for buying a business in Residential Property Managers?
Of 45 seasoned loans (FY2018 to FY2021), none charged off, against the 3.5% benchmark for all SBA acquisition loans.
What loan terms are common for Residential Property Managers acquisitions?
Median term 10 years, average initial rate 8.08% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
The purchase agreement decides what you bought, not the loan approval.
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