Costello Property Management

Costello Property Management specializes in multifamily property development, focusing on affordable housing solutions. Our team leverages decades of experience to identify strategic opportunities, secure financing, and navigate regulatory requirements. We deliver projects that enhance community value while ensuring long-term financial viability for property owners.

We oversee multifamily construction projects with a focus on quality, efficiency, and compliance. Our expertise spans land development, building design, and project execution. By prioritizing skilled craftsmanship and modern techniques, we create durable, high-quality housing that meets residents' needs and investors' goals.

Our compliance services ensure adherence to federal, state, and local affordable housing regulations. We provide auditing, training, and policy development to maintain standards across properties. This expertise helps clients avoid penalties while fostering ethical, transparent operations.

We offer comprehensive maintenance services to preserve property value and resident satisfaction. Our team handles routine repairs, capital improvements, and emergency response. By prioritizing prompt, reliable service, we ensure safe, functional living environments for tenants.

Our financial management services include budgeting, accounting, and reporting for multifamily properties. Led by certified professionals, we ensure fiscal responsibility and transparency. This approach supports long-term profitability and stakeholder confidence in property investments.

Joan oversees Costello Companies' operations and has directed development of over 40 affordable housing complexes. With 22 years of leadership, she ensures strategic growth and industry excellence across three states.

Jeff leads business development with over two decades of multifamily management experience. He focuses on operational controls, compliance, and financial growth while serving on the South Dakota Multi-Housing Association board.

Scott directs Costello Compliance, leveraging 30 years of affordable housing expertise. He specializes in regulatory training, auditing, and policy development, authoring industry publications and compliance manuals.

Laura manages financial operations with 25+ years in accounting and finance. A licensed CPA, she ensures fiscal health across Costello's portfolio, applying expertise from banking, construction, and healthcare sectors.

Jim supervises maintenance teams with 20 years of property management experience. He oversees capital improvements and ensures timely, high-quality repairs across Costello's multifamily properties.

We provide property management, development, construction, compliance, and maintenance services for affordable housing across South Dakota, Nebraska, and Wyoming.

Contact your property office during business hours or use our emergency line for urgent issues outside regular hours.

Emergencies include fire, flooding, broken water pipes, sewage backups, or conditions endangering safety. Non-emergency calls may incur charges.

Yes, we serve properties in Nebraska and Wyoming in addition to South Dakota.

Visit our website to explore featured properties or contact us directly for availability and application details.

WORST RENTAL CORPORATION EVER! Put in a work order for black mold and got an eviction notice. At least they signed it so when I take it all to my lawyer they can't keep any of my deposit. Very rude, unprofessional staff. Saying because we had been there for only 6 months there was nothing that maintenance needed to fix. Then maintenance does the bare minimum. Took 3 days for them to fix the hot water heater after the inner bag burst and started leaking everywhere. Mind you our hot water heater is on top of the dryer. All maintenance did was turn our water off and say "We will contact someone." I have 4 children so 3 days without running water was rediculous.

Love my apartment and the wide garage. Stacy, the property manager was very easy to work with, quick and thorough. Also, this location is off the busy streets so you can have your peace and quiet all the time.

The property manager was difficult to work with. It caused a lot of undo stress. When I got here a month later, the front door did not lock and the main floor toilet doesn't work. But the unit is nice and so are the maintenance crew.

Update. I called the number given to me in the response to this review, left a message for Jeff and no one ever called me back. A pandemic is difficult enough without having problems with the company you rent from raising your rent every few months and giving you a 3 day notice to vacate when you're only 10 days late on your rent and waiting for approval on assistance. If you or a family member need a place to rent where you have to income qualify, look somewhere else because Costello seems to care more about the bottom line than the human beings who live in their properties.

I have lived in the Madison, SD Costello Apartment Complex since September, 2014. I have lived in 3 different apartments, all in the same building. The property manager, Trish Natwick, has been great. When I first lived in #27, which is an upstairs apartment, she was great at helping me get a ground floor apartment when I developed arthritis in my hip and could no longer manage the stairs. When the renovations were being done, I moved into the apartment I am now in (22).

I truly enjoy living here. The grounds are kept up in summer and look really good.despite our unusually hot June weather this year. Cleaning of snow and ice in winter is done as soon as humanly possible. My close neighbors are great and I have actually known them in past years. Trish has a tough job, as there are always those who complain about everything and anything. She maintains herself always with professional courtesy.

Your very lucky to have her. I really don't know what else I can say. I am very happy here and have no intentions of moving! Thank you all for making this property especially clean and well kept. Give Trish a pat on the back as she works hard and deals with a lot. Sincerely, Georgia Alfson

I've lived at Arrow Ridge over 12 yrs. now and I really enjoy my apartment here. It is located in a nice neighborhood close to schools for those that have families and close to Sioux Falls for shopping if you so desire!.When I need something fixed or changed I call or email it in to the manager and maintenance takes care of it as soon as they have time and I shovel very little snow anymore and that is a plus for me in the winter!