About
Over Four Decades of Richmond Property Management Experience
Alex Alexander founded Colony in 1968 to manage a network of well-tended homes and neighborhoods built under his watchful eye, communities where people feel so connected to their homes and to each other that they grow roots and thrive. We’ve become Richmond’s most experienced apartment home property manager with over 45 years of Richmond property management expertise and an average team tenure of seven years. With over 1,600 homes under management, Colony is one of the largest multi-family managers in the Greater Richmond area. Our residents feel pride and a sense of belonging.
Colony communities are known for their great rental value–combining location, spacious room and closets, updated features, and public amenities. And all at an affordable price. Colony apartment homes are nestled in wooded surroundings with lots of green grass. Downtown Arts District residents enjoy quiet, secure homes with parking and a host of one-of-a-kind features that come with fully-restored residences.
Experience Community and Care
There's great service, too! Steven and Stacy, second-generation
Alexanders, and our friendly and dependable service teams keep our 7 communities in good repair, good order, and in good spirits. Together, Colony's friendly, caring staff and residents create a sense of community. Colony, Welcome Home.
Expertise You Can Trust
Certfications
- Virginia Housing Development Authority (VHDA)
- Virginia Fair Housing
- Specialist in Housing Credit Management
- Better Business Bureau A Rating
Memberships
- Richmond Apartment Owners Association
- National Association of Home Builders
- Mid-Atlantic Affordable Housing Management Association
- Virginia Apartment Management Association (VAMA)
Specialists
- Conventional Housing
- Historic Renovation
- Low Income Housing Tax Credit
- Senior Housing
Colony is rated as an A business by the Better Business Bureau (BBB), an organization dedicated to providing “an ethical marketplace where buyers and sellers can trust each other.” The BBB scores businesses based on time in business, complaint history, availability of background information, licensing and government actions, and advertising, among others.


















