With over 50 years of history, Schroeder Companies story began in the late 1960s when a then 20 year old Ernie Schroeder met with family friend and mentor Roy Townsend, a businessman who owned income property in the San Gabriel Valley. Roy advised Ernie that if he purchased real estate one piece at a time and managed the property carefully, he would build an estate and income for life. Taking Roy’s advice, Ernie purchased his first property in San Gabriel, California, and thus began his lifetime career in real estate investment and ownership.

In 1970, Ernie married his college sweetheart, Donna, and together they began investing in and improving rental houses in the San Gabriel area, later purchasing properties with Ernie’s brother, Paul, his wife Cathy, and their parents, Augusta and Arthur Schroeder. It became a family business in which everyone in the family did whatever needed to be done to improve and manage the properties to bring them to their highest and best value.

Collecting the rents on time was one important lesson that Ernie learned early on. He was steadfast in making sure that the tenants received a good value for their money, and also that the rents were collected on time so that the obligations could be met to the mortgage holders, property taxes, and property expenses. The Schroeder portfolio grew to approximately 40 single-family homes within the next several years.

In 1975, the Schroeder Management Company was formed and the Schroeder family began to bring partners in to the investments, forming syndications for the purchase of apartment buildings, which would ultimately replace the portfolio of single-family homes. The Schroeders concluded that ownership in apartment buildings with on-site managers would make the overall task of managing a portfolio of properties much more efficient and profitable for all of the investors.

Today, nearly 50 years later, Schroeder Companies owns and manages over 2500 apartment units throughout Orange and Los Angeles Counties. The professional staff is committed to providing the highest standards of living environments to the residents within the apartment communities managed by Schroeder Management Company.