Citygate Property Management
Citygate Property Management – HOUSTON (November 18, 2021) – Asset Living, a Houston-based leader in the property management sector, today announced that it has acquired City Gate Property Group, a Dallas-based property management firm that specializes in multi-family housing property management . and collectively have more than 10,000 units in Texas and Louisiana under management.
With over 75 years of combined multi-family property management experience, City Gate Property Group partners are experienced in many aspects of real estate, including operational services, financial accounting, reporting and technology. The office in Dallas serves as the company’s headquarters and today the company has approximately 400 employees.
Citygate Property Management
Patrick Smuts, CEO of City Gate Property Group, said, “City Gate has always had a strong history and focus on occupant retention and property optimization with the management’s proven track record of aiming to serve its customers best. “I look forward to working with Ryan McGrath and joining the Asset Living brand that aligns with our values as a company and will continue to uphold our company’s standard of customer service.”
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This acquisition allows Asset Living to add an additional 10,000 units to its expanded portfolio, making it one of the largest asset managers in the US, with approximately 120,000 units under management.
“City Gate comes with decades of multi-family property management expertise, while reinforcing its roots as a Texas-based partner company,” said Ryan McGrath, CEO and President of Asset Living. “We are humbled to now be considered one of the largest apartment managers in the state of Texas as we remain committed to being the most trusted partner in real estate.”
This partnership will enhance Asset Living’s multi-family portfolio, and the City Gate team now has access to an entirely new range of resources, such as a wholly owned top-tier marketing agency, a dedicated new lease-up division and new Capital adjacent markets to serve customers.
“We are thrilled to begin this new chapter with Asset Living – a company with a national footprint and an expanding service suite,” said Dawn Way, President of City Gate Property Group. Am. The City Gate team that we look forward to new opportunities that will come with operating under the highly respected Asset Living brand while providing best-in-class service to our existing and future customers. ,
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In 2020, Asset Living strategically acquired three organizations, which grew by more than 60 percent in one year. McGrath plans to continue the momentum of expanding the company’s footprint, reaching outstanding talent, and expanding and adding services.
Founded in 1986, Asset Living (“Asset”) is a Houston-based real estate management firm. With a growing portfolio that includes multiple properties across the country, Asset provides services to a wide variety of clients which include asset management, asset management, realization and investment services. The property is a member of the Real Estate Management Institute (IREM), and is recognized as an Accredited Management Organization (AMO). To know more, please visit
Founded in 2014 by partners Don Way and Patrick Smuts, City Gate Property Group provides first-class property management services to our residents and our clients. We operate under a simple yet powerful business philosophy: provide unprecedented service, deliver superior returns to our customers and partners, and foster a culture of excellence in everything we do to foster continued growth and success. promote. City Gate is recognized as an Accredited Management Organization (AMO). To learn more about our services and team, please visit
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City Gate Property Group
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