Millennia Development Inc. Email Format

Real EstateCalifornia, United States2-10 Employees

Millennia Development Inc. is a small real estate firm based in Long Beach, California, founded in 2005 by leaders with decades of experience in property and asset management across conventional, HUD, and commercial markets. The company concentrates on managing residential properties for low- and very low-income households, and 80% of its portfolio serves families living at or below poverty line, including work with ten non-profit corporations. Its service area encompasses several California counties and extends to Nacogdoches, Texas.

The firm provides a broad suite of services, including real estate development, property management, asset management, and construction oversight, focusing on affordable housing initiatives. In development, it handles affordable housing projects, low-income housing tax credits, tax-exempt bonds, and partnership formation, while its property management covers tenant screening, maintenance, rent collection, vacancies, marketing, and inspections. Asset management emphasizes financial performance analysis, budget control, and expense reduction, and construction activities include contract administration and coordination with contractors and permitting.

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