Powered by LevrNAICS 531312: Nonresidential property managers
NAICS 531312 is the industry code for nonresidential property managers. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 531312 covers
Nonresidential property managers manage commercial properties such as offices, retail centers and industrial parks for owners.
Included in this code
- Commercial property management
- Shopping center management
- Office building management
- Industrial park management
Not this code
- Commercial landlords: see 531120 Lessors of nonresidential buildings (except miniwarehouses)
- Residential property managers: see 531311 Residential property managers
- Facilities support: see 561210 Facilities support services
Businesses that use 531312
Financing for this trade
Commercial property managers use SBA 7(a) and term loans to buy management companies, valued on recurring management fees, and lines of credit for payroll. Lenders look at contract terms and how much revenue depends on one owner.
Apply for funding with AIIs 531312 the right code for a commercial property manager?
Yes, if you manage commercial properties for owners for a fee. Facilities support companies running operations use 561210. If your work overlaps, also read the definitions for 531120 (lessors of nonresidential buildings) and 531311 (residential property managers), then choose the code that matches your largest source of revenue.
What is the SBA size standard for 531312?
The SBA size standard for 531312 is $20M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A commercial property manager at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing helps a commercial property management firm?
Management contracts provide recurring fees that support SBA 7(a) and term loans for acquisitions. Lines of credit cover payroll. Lenders review contract terms and owner concentration. Businesses within the $20M SBA size standard can also use SBA 7(a) loans of up to $5 million for working capital, equipment or a buyout, and SBA 504 loans for owner occupied buildings.
What does NAICS 531312 cover?
Nonresidential property managers. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 531 Real estate, 5313 Activities related to real estate, 53131 Real estate property managers.
What financing do NAICS 531312 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 531312?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.