Our client is a 9+ year-old property management company who has been in real estate property ownership side since 1998. They are looking to acquire other property management companies, with a focus on large multifamily apartment communities and are open to the managing of residential single-family rental homes.
Our client currently manages 350+ multifamily apartment units and wants to grow by another 650+ doors/units in the next 12-24 months.
Our client has a very strong track record for turning around multifamily properties in record time with an experienced management team focused on revenue growth and controlling expenses. Currently, this client has been nominated for many multifamily awards for 2015 and are active members of MHA and NARPM.
Ideally—our client is looking for acquisitions in Minneapolis/St. Paul and they are open to acquiring other property management companies anywhere in the state of Minnesota.
If you are currently managing 50/100 – 500/1000+ multifamily apartment units and would like to have a confidential conversation about an exit strategy, please add a comment/post below or send to me a private note here on LinkedIn or call our PowerHour office at 435-615-8486.
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Ernest
President of PowerHour, LLC since 1995
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