About the Firm
A boutique operator built for institutional standards.
Spadra Property Company is a boutique real estate management firm providing expert service and care to rental housing owners across Southern California.
Our Mission
Our mission is to maximize financial returns for our clients by nurturing spaces that residents are proud to call home.
Our Values
The Spadra Difference
Service
We are committed to providing exceptional service that exceeds the expectations of our clients and residents, ensuring their needs are met with care and professionalism.
People
Our people are our greatest asset. We cultivate a culture of respect and growth, empowering our team to deliver outstanding results for our clients and residents.
Action
We take proactive steps to address challenges and seize opportunities, ensuring that every pertinent decision is accretive to an investment and strengthens community connections.
Dedication
We are unwavering in our commitment to supporting our clients' financial goals and creating spaces where residents feel safe and proud to call home.
Results
Our focus on measurable outcomes drives value for property owners while fostering a sense of pride of living within our communities.
Accountability
We hold ourselves to the highest standards of transparency and reliability, ensuring trust and confidence in every interaction.
Vision
To become the premier steward of rental living in Southern California, offering expert guidance and unwavering support throughout the real estate investment process. To build lasting partnerships with clients by adding value to their investments and creating exceptional living environments that residents are proud to call home. By delivering unparalleled service and fostering meaningful connections, we aim to transform the rental experience—one unit, one client, and one community at a time.

Nicholas Dunlap · Founder & President
About Our Founder
Nicholas Dunlap.
Nicholas Dunlap is the Founder and President of Spadra Property Company. He is a second-generation apartment owner and multifamily/commercial real estate professional.
Nicholas has held executive-level leadership positions at local and national companies, including Dunlap Property Group, McKinley, and Avanath Capital. His track record includes over $2,000,000,000 in acquisitions and dispositions, along with over 20,000 units acquired and managed across the United States.
He is a nationally published author, having written hundreds of articles and columns for real estate publications such as the Journal of Property Management, Realtor Magazine, Apartment News, and Units Magazine. He recently served as named editor of the Institute of Real Estate Management’s flagship publication, “Principles of Real Estate Management.” Dunlap also teaches the Apartment Association of Orange County’s Budget and Finance course for their Certified Rental Housing Provider education program.
Mr. Dunlap is active in the community, including the City of Fullerton, where he has served on the Planning Commission and currently serves on the City Council. He also serves as the Vice Chairman of the Orange Countywide Oversight Board. Previously, he served the County of Orange as a Housing and Community Development Commissioner.
He has held volunteer-board leadership positions with local non-profits such as the Fair Housing Council of Orange County, the Institute of Real Estate Management Orange County, and the Apartment Association of Orange County, where he is a Director Emeritus, having served three consecutive terms as President before becoming Chairman of the California Rental Housing Association’s Legislative Committee.
Dunlap graduated from UCLA, where he majored in English, and became a licensed Real Estate Broker in the States of California and Texas. He holds the Certified Property Manager (CPM) designation from the Institute of Real Estate Management out of Chicago.
“We manage every asset as though it were our own.”
Leadership
- Founder & President, Spadra Property Company
- Former leadership at Dunlap Property Group, McKinley, and Avanath Capital
- $2B+ in multifamily acquisitions and dispositions
- 20,000+ units acquired and managed across the United States
Scholarship
- Named editor, “Principles of Real Estate Management,” IREM
- Contributing author, Journal of Property Management, Realtor Magazine, Apartment News, Units Magazine
- Instructor, AAOC Budget & Finance, Certified Rental Housing Provider program
- Hundreds of published articles and columns on multifamily operations
Public Service
- Fullerton City Council Member
- Former Fullerton Planning Commissioner
- Vice Chairman, Orange Countywide Oversight Board
- Former Housing & Community Development Commissioner, County of Orange
Board Service
- Director Emeritus & Past President (3 terms), Apartment Association of Orange County
- Past Chairman, Legislative Committee, California Rental Housing Association
- Board Leadership, Institute of Real Estate Management, Orange County
- Board Leadership, Fair Housing Council of Orange County
Education
B.A., English, University of California, Los Angeles
Licensure
Licensed Real Estate Broker, California & Texas
Designation
Certified Property Manager (CPM), Institute of Real Estate Management
Institutional Memberships
Affiliations & Industry Standing










Our Coverage Area
Headquartered in Southern California.
Spadra Property Company serves multifamily owners across the six-county Southern California region, from coastal trophy assets to inland workforce communities, with boots-on-the-ground operational depth in each market we cover.
Headquarters
Fullerton, Orange County
Southern California · Est. 2024
- 01Los Angeles County
- 02Orange County
- 03Riverside County
- 04San Bernardino County
- 05San Diego County
- 06Ventura County

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