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Expert Property Management in St. Louis Park, MN
At New Concepts Management, we have built a reputation over nearly 30 years as a trusted leader in property management across Minnesota. Our teams expertise in homeowners association (HOA), commercial, and rental property management stems from decades of experience addressing complex challenges while prioritizing client needs. We emphasize proactive problem-solving, ensuring issues are prevented rather than merely resolved, and maintain a 99% client retention rate by delivering consistent, reliable service. Our commitment to transparency is reflected in our free educational resources, including online webinars and a weekly radio show, which empower clients with industry knowledge.

With a focus on flexibility, we collaborate closely with each client to tailor management approaches that align with their unique goals and budgets. Our services span budget planning, financial reporting, maintenance, emergency response, and strategic consulting, supported by a team dedicated to accessibility and responsiveness 24/7. By combining local market insights with a personalized approach, we strive to protect and enhance the value of every property we manage, ensuring clients can focus on their priorities with confidence.
Services
HOA Management Commercial Property Management Rental Property Management Maintenance and Construction Reserve Studies FHA/VA Recertification Project Management Insurance Restoration Property Inspections Financial Reporting
Highlights and features
  • We offer nearly 30 years of property management expertise in Minnesota.
  • Our team provides 24/7 emergency response services.
  • We maintain a 99% client retention rate through proactive solutions.
  • Our company offers free educational resources including webinars and radio shows.
  • We work closely with clients to customize management approaches for their needs.
Services
HOA Management
We provide comprehensive homeowners association management, including budget planning, covenant enforcement, and reserve studies. Our team ensures compliance with regulations while handling day-to-day operations, from financial reporting to emergency maintenance. With expertise in FHA/VA recertification and insurance restoration, we protect community investments and enhance resident satisfaction.
Commercial Property Management
Our commercial management services cover marketing, leasing, and financial oversight for office buildings, warehouses, and industrial properties. We focus on cost control, tenant satisfaction, and property value growth through strategic maintenance and capital improvements. Clients benefit from 24/7 emergency support and tailored consulting to optimize their real estate investments.
Rental Property Management
We manage rental properties from single-family homes to apartment complexes, handling tenant screening, lease compliance, and property inspections. Our proactive maintenance and competitive contractor bidding ensure tenant satisfaction and property profitability. Services include rent collection, tax analysis, and emergency repairs to maximize cash flow for owners.
Reserve Studies
Reserve studies assess future capital needs for HOAs, ensuring adequate funds for major repairs and replacements. We analyze infrastructure conditions, project costs, and funding strategies to create long-term financial plans. This service helps associations avoid unexpected expenses and maintain property value through timely upgrades.
Maintenance and Construction
Our maintenance division offers scheduled and emergency repair services for residential and commercial properties. Contractors complete tasks ranging from routine upkeep to large-scale renovations. With 24/7 emergency response, we minimize downtime and protect property value through timely, high-quality workmanship.
Questions
What services does New Concepts Management offer?
We provide HOA management, commercial property management, rental property management, reserve studies, and emergency maintenance services across Minnesota.
Do you offer 24/7 emergency response?
Yes, we provide 24/7 emergency maintenance support for HOA and commercial properties with no charge for after-hours calls.
Which areas do you serve?
We serve homeowners associations, commercial properties, and rental owners throughout Minnesota, including the Twin Cities area.
What is your client retention rate?
Our client retention rate is 99%, reflecting our commitment to proactive solutions and personalized service over nearly 30 years.
Do you provide free educational resources?
Yes, we offer free webinars, a weekly radio show, and articles to help property owners make informed management decisions.
How do you handle property budgeting?
We create customized budget plans, manage collections, and provide financial reporting to ensure transparency and long-term fiscal health for properties.
Reviews (4)
Lora Aldrich
Mar 07, 2022 Report
Constant turn over for property mgr, president and board members never get return text or emails tried to schedule meetings and no response! Very unprofessional! We are looking into new mgt!
Dave Salwasser
Feb 26, 2022 Report
Jesse Boyer was instrumental in help me get a reverse mortgage approval and I can't give him enough accolades on his help and professionalism. Jesse is a great asset for New Concepts
Blerina Karemani
Jan 27, 2022 Report
Nancie Thom is simply amazing! She is very responsive and very informative. She will answer any question and provide you with all the information you need! So I just wanted to take the time to say, THANK YOU you so much Nancie for all that you do and for being you! It's very refreshing and greatly appreciated!
B. B.
Dec 05, 2021 Report
The worst management company I have had to deal with in my life. The willfully charge for services they don't provide and then blame the contractors. However, money is paid to them, not the contractor directly, to handle such activity. They will fall short time and time again with no change for the better. We are now almost through December and haven't had our snow cleared once even though this is captured in my monhtly expense.

They simply state that they are working with the removal company to make improvements and yet nothing has been done, simply unaccaptable. It's nothing short of theft to be charged for a service that isn't provided.