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From Olney to 33,000 Homes: EJF Real Estate Services Marks 30 Years as Community Costs Rise Across the Region

Reported by Prweb
May 7, 2026· 2 min read
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Key Takeaways
  • • EJF Real Estate Services marks 30 years of operations, growing from a Washington, DC startup founded in 1996 to manage 750+ community associations representing 33,000 homes and 13.1 million square feet across four Mid-Atlantic states.
  • • The company operates a team of nearly 400 professionals and has positioned itself as a premier platform addressing rising costs, aging infrastructure, and operational complexity facing community associations in the DC, Maryland, and Virginia region.
  • • Co-founders Peter Greeves and Matthew Greeves, both Olney, Maryland natives and Sherwood High School alumni, built the firm on a relationship-driven model that has remained central to its expansion strategy across multiple states.
  • • The milestone reflects sustained growth in community association management, a sector experiencing pressure from rising community costs and infrastructure maintenance demands across the Mid-Atlantic region.
Summary
EJF Real Estate Services is marking three decades of operation with a significant footprint expansion across the Mid-Atlantic, now managing 750 community associations and overseeing 33,000 homes spanning 13.1 million square feet of property across four states. Founded in Washington, DC in 1996, the company has evolved from a locally focused operation into one of the region's most established community association management platforms, supported by approximately 400 professionals.

The company's growth trajectory reflects both geographic expansion and deepening operational complexity in its core markets. Co-founders Peter Greeves and Matthew Greeves, both products of Olney, Maryland and Sherwood High School, have maintained the firm's roots while scaling operations across multiple states. Peter holds an economics degree from the University of Maryland, while Matthew earned a business administration degree from West Virginia University. Their leadership has been defined by a relationship-driven approach to managing the increasing financial and operational challenges facing community associations.

The 30-year milestone arrives as community associations across the DC, Maryland, and Virginia region contend with rising costs and aging infrastructure—factors that have positioned professional management platforms like EJF as critical infrastructure providers for residential communities. The company's sustained growth in this sector underscores institutional investor and family office interest in community association management as a stable, operationally complex business model requiring specialized expertise and local market knowledge.

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Prweb From Olney to 33,000 Homes: EJF Real Estate Services Marks 30 Years as Community Costs Rise Across the Region