Business Details
27 Years
experience
Trusted Real Estate Investment Solutions in Washington, DC
Frontier Financial is a Washington, DC-based real estate investment firm with over two decades of experience in property acquisition, repositioning, and servicing. Since 1999, we have specialized in multifamily and commercial properties across the District of Columbia, Maryland, Virginia, and Florida. Our expertise includes property rehabilitation, condominium conversions, and managing over 2,500 residential units through advanced technology platforms. We prioritize long-standing relationships with suppliers and contractors to deliver cost-effective solutions while maintaining high-quality housing standards. Our team combines deep industry experience, including decades of involvement in real estate development, mortgage investments, and legal expertise in real estate finance. We emphasize customer-centric management, regularly gathering resident feedback to refine our services and improve asset performance. Our principals have resolved over $1.5 billion in real estate assets, demonstrating a proven track record in navigating complex market challenges.Through MBS Construction Group, we provide in-house general contracting and project management for renovations and historic preservation. Our financial administration team ensures meticulous oversight of accounting, loan management, and compliance. We serve as a trusted partner for investors seeking strategic property acquisitions and long-term value creation. With a focus on transparency and innovation, Frontier Financial remains committed to delivering exceptional results for clients and residents alike.
Services
Multifamily Property Acquisition
Commercial Property Management
Condominium Conversion
Loan Servicing
Property Rehabilitation
Details
- Year established: 1999
Highlights and features
- We have over 20 years of experience in multifamily property management.
- Our principals have resolved $1.5 billion in real estate assets.
- We utilize advanced property management software for operational efficiency.
- Our team includes legal and financial experts with specialized certifications.
- We maintain long-standing relationships with trusted regional contractors.
Services
Multifamily Property Acquisition
We specialize in acquiring multifamily properties for investment portfolios. Our team conducts thorough due diligence and market analysis to identify high-potential assets. With decades of combined experience, we execute strategic purchases that align with investor goals while ensuring long-term value appreciation.
Condominium Conversion
Our firm converts rental properties into owner-occupied condominiums through comprehensive rehabilitation. We handle all aspects from capital improvements to legal compliance. This process creates modernized living spaces that meet current market demands while maximizing investor returns.
Loan Servicing
We service non-performing multifamily and commercial loans, including share loans and cooperative mortgages. Our approach combines legal expertise with financial restructuring to optimize asset performance. This service provides lenders and investors with reliable management of complex debt portfolios.
Property Management
Our management services cover over 2,500 residential units using advanced technology platforms. We maintain properties through regular maintenance programs and resident engagement initiatives. This ensures high occupancy rates while preserving and enhancing asset value across diverse market conditions.
Historic Renovation
MBS Construction Group handles historic preservation projects with modern technological integration. We replace aging infrastructure systems while maintaining architectural integrity. Our expertise ensures compliance with preservation standards while delivering updated, functional spaces for contemporary use.
People
Richard Payes
Principal
With 30 years of real estate experience, Richard Payes oversees complex investments and legal matters. He holds a J.D. in real estate finance law and has managed over $1 billion in non-performing mortgages while serving senior living organizations.
Benjamin Payes
Acquisitions Director
Benjamin Payes leads property acquisitions and broker relations with a Maryland real estate license. He graduated from the University of Maryland with economics expertise and has been with Frontier since 2006.
Jurate Bujanauskas
Finance Administrator
Jurate Bujanauskas manages financial operations with expertise in property accounting and loan administration. She holds a Lithuanian degree and real estate licenses in Maryland and DC, bringing over 20 years of experience to Frontier.
Ari Payes
Operations Manager
Ari Payes coordinates cross-departmental operations as a Maryland-licensed agent and CCIM professional. He graduated from Syracuse University with communications expertise and joined Frontier in 2015 after completing his degree.
Questions
What geographic areas do you serve?
We operate in Washington, DC, Maryland, Virginia, and Florida with localized market expertise.
What property types do you manage?
We specialize in multifamily apartments, commercial properties, and condominium conversions.
How long have you been in business?
Frontier Financial has been active since 1999 with principals having over 25 years of combined experience.
Do you handle property renovations?
Yes, through MBS Construction Group we perform historic renovations and major system upgrades.
What financial services do you offer?
We service non-performing loans, cooperative mortgages, and provide comprehensive property accounting.
