
About the firm
A small Colorado firm with a long memory.
HPS Holding has been managing residential and commercial property along the Front Range since 2009. We are family-owned, locally staffed, and proudly unremarkable in the best way: we do what we said we would do.

Cheryl D. Tonkin — Founder & Managing Principal
A letter from our founder.
When my father retired from a forty-one-year career restoring craftsman homes in the West Highland neighborhood, I asked him what made a good landlord. He told me three things: answer the phone, pay your contractors on time, and never charge for work you didn't do.
That was the entire business plan when I opened HPS Holding from a spare bedroom in 2009 with a single duplex on Yarrow Street. Sixteen years later, with a real office on Cornell Avenue and a team of twenty-three, those three rules still run the company. Everything else is just paperwork.
We've grown slowly because we've grown by referral. We don't advertise on radio, we don't cold-call owners, and we don't accept every account that walks through the door. The owners we work for tend to be people who plan to hold their buildings for a long time — and they want a partner who plans to be around just as long.
— Cheryl D. Tonkin
Our timeline
Founded in Lakewood, CO with one duplex under management.
Hired first full-time maintenance technician. Crossed 25 doors.
Opened commercial leasing practice. Took on first office building in Golden.
Crossed 100 doors. Moved into our current Cornell Avenue office.
Launched 24/7 in-house dispatch line. No outsourced after-hours service.
Crossed 240 doors across eight Colorado counties.
Celebrating sixteen years and counting — still answering the phone.

What we believe
- Plain English. Statements you can read at the kitchen table without a CPA.
- Local hands. Every technician on payroll lives in metro Denver.
- Honest pricing. Flat-percentage management fees. No markups on contractor invoices.
- Long horizons. We plan around your building's next twenty years, not next quarter.