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Real Estate Management & Development


From its start as a single-family home developer in the 1950s, Palms Associates has expanded to become a national leader in the development, construction, and property management of multifamily rental communities. With a dedicated team of over 200 professionals, the company currently owns and manages over 5,500 rental apartments throughout the Southeast including Virginia, North Carolina, South Carolina, Florida, and Georgia.

In addition to its residential communities, Palms Associates is also a fully integrated and diversified commercial real estate company providing development, construction, acquisition and management of a wide variety of commercial properties. These include office buildings, retail shopping centers, industrial buildings, and single tenant net-leased assets throughout targeted Southeastern markets.

Headquartered in Virginia Beach, Virginia with regional offices in Raleigh, NC, Charleston, SC, and Charlotte, NC, Palms Associates’ experienced management team is dedicated to developing and maintaining the highest quality apartment residences and commercial properties available. The company strives to ensure that each and every one of its properties provide an excellent rental value and a superb environment in which to live or work. For its employees, residents, and commercial tenants, Palms Associates reaches these objectives through innovation, outstanding service, creativity, knowledge and professionalism.