We are forging a strong entrance into the Southeast and Midwest markets backed by an remarkable portfolio. This merger definitely expands our geographic attain, strengthens our companies, and supplies substantial chances for the future.
March eleven, 2021
Paving the path for ongoing aggressive growth in 2021, Austin, TX-primarily based RPM (formerly identified as Roscoe Residence Management) and Atlanta-primarily based CF (CF True Estate Products and services) now introduced they have merged generating a national multifamily footprint with more than eighty four,000 units across seventeen states.
The blended firm will have extra than 1,800 workforce with 9 regional places of work positioned in Charleston, Chicago, Dallas, Denver, Houston, Tampa, Phoenix, San Antonio, Washington D.C., a regional headquarters in Atlanta and its key headquarters positioned in Austin, Texas.
“We are happy to merge the CF True Estate Products and services manufacturer with RPM to generate a single assets administration platform that will go away a long lasting mark on the multifamily sector,” stated Jason Berkowitz, President and founder of RPM. “We are forging a strong entrance into the Southeast and Midwest markets backed by an remarkable portfolio. This merger definitely expands our geographic attain, strengthens our companies, and supplies substantial chances for the future. When we will work beneath the RPM manufacturer nationally, leaders from the two organizations have fashioned a collective govt workforce that will guide the firm beneath our shared alignment of a ‘people-1st culture’. As a single of the several corporations working in approximately all major US growth markets, we have turn out to be a powerhouse at the forefront of the multifamily sector.”
CF True Estate Products and services was established in 2004 in Atlanta, Ga by co-founders Byron Cocke and Brett Finkelstein. As a result of strategic mergers and natural growth more than the past seventeen several years, their portfolio of institutional high-quality belongings includes more than 26,000 units, like its pupil housing division, Campus 1st, which operates in major collegiate markets in the course of the country.
“Our blended operational scale and geographical presence will permit us to offer outsized value to our consumers, investors and associates,” stated Finkelstein, CEO of CF.
Launched in 2002, RPM added more than 19,000 units organically to its portfolio in 2020 increasing to more than 58,000 units (prior to the CF merger) and experienced currently developed into Arizona, Colorado, Wyoming and Florida. RPM is a single of the biggest multifamily administration organizations in Texas and is a NMHC Top rated fifty Manager in the nation.
“Our growth has been a result of a concentrate on ideal observe and how to ideal provide our consumers on a broader and further amount even though at the same time letting great chances for our associates across supplemental verticals and new markets,” stated Hank Farrell, Principal at RPM.
For extra, visit RPMLiving.com.
RPM is a comprehensive-assistance multifamily administration firm offering an revolutionary and personalised technique to authentic estate products and services. Headquartered in Austin, Texas, RPM is a NMHC Top rated fifty Manager and the third biggest assets administration firm in Texas taking care of extra than 100 consumers, 9 regional places of work and eighty four,000 units across Arizona, Colorado, Florida, Ga, Illinois, Iowa, Kentucky, Louisiana, Maryland, Michigan, North Carolina, Ohio, South Carolina, Tennessee, Texas, Virginia and Wyoming. A recent merger with CF True Estate Products and services has expanded the RPM manufacturer to more than 1,800 associates nationwide distribute across 30 markets, all of whom share the collective vision to greatly enhance clients’ investments via custom-made options and remarkable resident-centric assistance. To find out extra about RPM, visit RPMLiving.com and CFRes.com.
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