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Massachusetts Framingham Housing Authority·Massachusetts

Property Management Consulting Services at Musterfield Place LLC

Closes 5/22/2026$400k – $1MRequest for Proposal
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Description

The Framingham Housing Authority is seeking a property management consultant to assist with the ongoing management of The Musterfield at Concord Place, a 110-unit community for low-income families in Framingham, MA. The property management consulting services will cover a period of two years with an option to renew for two additional terms of one year each. The consultant will be responsible for providing property management services, including but not limited to, financial management, operational management, and administrative support. • The property management consulting services will cover a period of two years with an option to renew for two additional terms of one year each. • The consultant will be responsible for providing property management services, including financial management, operational management, and administrative support. • The property is a 110-unit community for low-income families in Framingham, MA, with financing including a mixture of public and private investment. • Proposals are due by 10:00 a.m. on Friday, May 22, 2026, and must have the Technical Proposal and Cost Proposal submitted separately.

Attached files

Contact

Kristin Davis

[email protected]

(508) 879-7562

Key dates

Opened
4/27/2026
Closes
5/22/2026
Duration
2 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531311
Solicitation №
BD-26-1507-FHA01-JJB01-128332

Budget estimate

$400,000 – $1,000,000

Based on the information provided, it is difficult to estimate the exact budget for this opportunity. However, considering the scope of work and the fact that it is a two-year contract with an option to renew, the budget could be substantial. The property management consulting services will cover a period of two years, and the consultant will be responsible for providing a range of services, including financial management, operational management, and administrative support. The budget could be influenced by factors such as the size of the property, the level of service required, and the consultant's expertise and experience. A rough estimate for the budget could be in the range of $200,000 to $500,000 per year, depending on the scope of work and the consultant's fees.

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