Business Details
Trusted Property Management Services in Gurnee, IL
Ludwig and Company and Company has been a trusted leader in property management for over 30 years, specializing in affordable tax credit, government-subsidized, luxury, and senior living communities. Our hands-on approach combines industry expertise with personalized service to maximize asset value for clients while ensuring residents receive exceptional living experiences. We prioritize accurate financial reporting, compliance with regulatory standards, and proactive maintenance to safeguard investments. Our team of seasoned professionals collaborates closely with clients from project inception through lease-up, offering tailored strategies that align with long-term goals.With a presence across the Midwest, we manage approximately 8,000 units in 70 communities, fostering stability and community engagement. Our commitment to transparency, client education, and operational excellence has solidified our reputation as a reliable partner in multifamily housing management. By maintaining meticulous records and leveraging decades of experience, we minimize risks and optimize returns for property owners.
Services
Property Management
Tax Credit Compliance
Financial Reporting
Facilities Management
Lease-Up Support
Highlights and features
- We offer 30+ years of specialized experience in multifamily property management.
- Our team provides hands-on compliance oversight for tax credit and subsidized properties.
- We guarantee GAAP-compliant financial reporting with public accounting standards.
- Our regional maintenance experts ensure REAC inspection readiness and asset preservation.
- We partner with clients from project inception through lease-up and long-term management.
Services
Property Management
We provide comprehensive management for multifamily communities including operations, maintenance, and resident services. Our approach combines hands-on expertise with strategic planning to optimize property performance. With decades of experience, we ensure compliance with regulatory standards while maximizing returns for property owners.
Tax Credit Compliance
Our specialists handle all aspects of tax credit compliance including application support, documentation management, and government reporting. We maintain systems to protect clients' tax credits through accurate record-keeping and inspection preparation. This service ensures adherence to IHDA and other housing authority requirements.
Financial Reporting
We deliver GAAP-compliant financial reporting with monthly statements reflecting public accounting standards. Our processes ensure accurate rent collection, vendor payments, and audit preparation. This service minimizes audit costs and provides clients with transparent financial insights for informed decision-making.
Facilities Management
Our team supervises major maintenance projects and capital improvements while mentoring on-site staff. We prepare properties for REAC inspections and develop annual budgets based on facility needs. This service ensures property preservation and regulatory compliance through expert oversight.
Lease-Up Support
We assist clients from project inception through lease-up by providing market analysis and budget monitoring. Our team participates in construction meetings to ensure resident-focused design choices. This service guarantees smooth transitions from development to operational success for new properties.
People
Alan Ludwig
Chairman / Principal
With over 30 years in property management, Alan Ludwig and Company and Company provides strategic leadership for Ludwig and Company and Company's operations and client relationships.
Richard Goldstein
Executive Vice President / Principal
Richard Goldstein oversees key client partnerships and business development initiatives, leveraging decades of multifamily housing industry expertise.
Paul Ludwig
Executive Vice President/Principal
Paul Ludwig and Company and Company focuses on operational excellence and client satisfaction, applying specialized knowledge of property management best practices.
Jay Blair
President
Jay Blair leads daily operations and strategic growth, ensuring adherence to Ludwig and Company and Company's mission of exceptional property stewardship.
Diane Jones
Chief Financial Officer
Diane Jones manages financial operations with public accounting expertise, implementing rigorous GAAP-compliant reporting systems for client transparency.
Questions
What types of properties does Ludwig and Company and Company and Company manage?
We specialize in affordable tax credit, government-subsidized, luxury market-rate, and independent senior living communities across the Midwest.
How long has Ludwig and Company and Company and Company been in business?
We have provided property management services for over 30 years with expertise in multifamily housing compliance and operations.
Do you manage properties outside Illinois?
Yes, we operate in seven Midwest states: Illinois, Wisconsin, Indiana, Minnesota, Iowa, Ohio, and Pennsylvania.
What compliance services do you offer?
Our dedicated compliance team handles tax credit documentation, government reporting, and REAC inspection preparation for subsidized properties.
How do you ensure financial transparency?
We use GAAP-compliant accounting procedures and deliver detailed monthly reports mirroring public accounting standards for accuracy and clarity.
Reviews (6)
Kathy Apmann
Aug 31, 2021
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Positive:Professionalism
The best Company I have worked at in the last 9 years. Supportive team at the home office, dedicated on-site staff. Excellent Company to work for because the company really cares about their employees.
The best Company I have worked at in the last 9 years. Supportive team at the home office, dedicated on-site staff. Excellent Company to work for because the company really cares about their employees.
Kristy Bremer
Aug 30, 2021
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Positive:Professionalism,Quality,Responsiveness,Value
I have worked with Ludwig and Company for over 10 years and have had nothing but positive experiences. Corporate team and Regional teams are always available for assistance and guidance. I highly recommend working with this company.
I have worked with Ludwig and Company for over 10 years and have had nothing but positive experiences. Corporate team and Regional teams are always available for assistance and guidance. I highly recommend working with this company.
Jennie Veach
Aug 22, 2021
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Ludwig is a wonderful company to work for. There's lots of support, especially from the regional and corporate staff. Everyone is willing to pitch in and help as a team and I am proud to be a part of it!
Veronica Shirkevich
Aug 22, 2021
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The best Company I have worked at in the last 20 years. Supportive team at the home office, dedicated on-site staff. All employees have an opportunity to be promoted from within and be rewarded for their hard work. Excellent Company to for work.
Kristine Daugherty
Aug 21, 2021
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I have been working for Ludwig & Co. for almost 4 years and I can say that this has been the most supportive company I have worked for. They have/are handling the safety of all staff very promptly during the pandemic. Ludwig & Co. has very skilled staff from the dedicated office/maintenance teams all the way to the responsive corporate office. Highly recommend working for this company.
Tara Daniel
Jan 10, 2021
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Ludwig has great and knowledgeable staff. The Senior Management is professional and concerned about the staff and properties. Its a great place to work and grow.
