Newbury Management

Newbury Living manages more than 50 apartment communities throughout Iowa and one in Southern Minnesota. A large portion of our firm's business and expertise lies in managing, refinancing, renovating and repositioning affordable housing communities, however, our portfolio is quite diverse including commercial property and luxury rentals. Our company is led by Frank Levy, whose father, Jim Levy, infused our culture with his passion for real estate development and the commitment to providing exceptional value. Jim entered the real estate business on the east coast in 1960, relocating to Iowa in 1973. About one-third of the properties Newbury oversees were originally developed and built by Jim Levy and Robert Malone between 1975 and 1987. Jim formed Newbury in 1987 as a development company and over the course of the next 20 years created numerous places for people to call home. Today, Newbury Management Company's primary focus is building or acquiring, renovating, and managing multifamily housing properties. Currently Newbury manages nearly 3,000 apartment homes. Newbury is a licensed Real Estate Brokerage in the state of Iowa.