Roscoe Property Management Arizona
Roscoe Property Management Arizona – RPM & CF Real Estate Services announce merger forms 84,000 units to operate under RPM brand nationally
Austin, TX-based RPM (formerly known as Roscoe Property Management) and Atlanta, GA-based CF (CF Real Estate Services) announced today that they have merged to create a national multifamily footprint with over 84,000 units across 17 states.
Roscoe Property Management Arizona
The combined organization will have more than 1,800 employees with nine regional offices in Charleston, Chicago, Dallas, Denver, Houston, Tampa, Phoenix, San Antonio, Washington D.C., a regional headquarters in Atlanta and its headquarters in Austin, Texas.
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“We are proud to merge the CF Real Estate Services brand with RPM to create a property management platform that will leave a lasting mark on the multifamily industry,” said Jason Berkowitz, president and founder of RPM. “We are making a strong entry into the Southeast and Midwest markets, supported by an exceptional portfolio. This merger truly expands our geographic reach, strengthens our organizations and provides significant opportunities for the future. While we will operate nationally under the RPM brand, leaders from both companies have formed a collective executive team that guides the organization under our shared alignment of a “people-first culture.” As one of the few companies operating in nearly every major US growth market, we’re a powerhouse at the top of the multifamily industry.
CF Real Estate Services was founded in 2004 in Atlanta, Georgia by co-founders Byron Cocke and Brett Finkelstein. As a result of strategic mergers and organic growth over the past 17 years, its portfolio of quality institutional assets includes over 26,000 units, including its student housing division, Campus First, which operates in major collegiate markets across the country.
“Our combined operational scale and geographic presence allows us to provide great value to our customers, investors and partners,” said Finkelstein, CEO of CF.
Founded in 2002, RPM added over 19,000 units organically to its portfolio in 2020, expanding to over 58,000 units (before the CF merger) and had already grown in Arizona, Colorado, Wyoming and Florida. RPM is one of the largest multifamily management companies in Texas and is an NMHC Top 50 manager in the nation.
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“Our growth is a result of a focus on best practice and how we can best serve our clients on a broader and deeper level while enabling tremendous opportunities for our associates across additional verticals and new markets,” said Hank Farrell, Principal . and rpm.
RPM is a full-service multifamily management company that offers an innovative and personalized approach to real estate services. Headquartered in Austin, Texas, RPM is an NMHC Top 50 manager and the third largest property management company in Texas, managing more than 100 clients, nine regional offices and 84,000 units across Arizona, Colorado, Florida, Georgia, Illinois, Iowa, Kentucky. , Louisiana, Maryland, Michigan, North Carolina, Ohio, South Carolina, Tennessee, Texas, Virginia and Wyoming. A recent merger with CF Real Estate Services expanded the RPM brand to over 1,800 associates across 30 markets, all of whom share the collective vision of enhancing clients’ investments through personalized solutions and exceptional resident-centric service.
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Jan 25 News RPM Living Boosts Student Housing Focus with Addition of Theresa Sopata as Vice President of Client Services Austin-based RPM, formerly known as RoscoeProperty Management, and Atlanta, Ga.-based CF Real Estate Services announced this week that they have combined . The merger creates a national apartment property management company with more than 84,000 units in 17 states.
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Company executives said the combined organization will be one of the largest third-party providers of real estate and property management services nationwide. They said the merger will pave the way for continued growth this year, with leaders from both companies on the executive team to guide the company forward.
The combined company will have more than 1,800 employees. The headquarters will be in Austin, with regional headquarters in Atlanta. Other offices are located in Charleston, Chicago, Dallas, Denver, Houston, Tampa, Phoenix, San Antonio and Washington D.C.
In the Austin area, RPM employs 516 people. The merger added one property in Austin and several more will come to market this year, resulting in additional growth at that time, RPM said.
“We are forging a strong entry into the Southeast and Midwest markets, supported by an exceptional portfolio,” said Jason Berkowitz, president and founder of RPM, in a written statement. for the future.”
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Founded in 2002, RPM added over 19,000 units to its portfolio in 2020. Prior to the merger, it had more than 58,000 apartment units under management in six states: Texas, Arizona, Colorado, Wyoming, Florida and North Carolina.
CF Real Estate Services executives said its portfolio is more than 26,000 apartment units, including its student housing division, Campus First, which operates in major collegiate markets across the country.
In addition to the brand shift from CF to RPM, Berkowitz said, a primary change will be “to improve the resources and expertise while building on CF’s excellent relationships in Austin. In addition, with RPM’s focus on technology and innovation, residents will benefit from. a technology suite that offers significant convenience.” Roscoe Property Management (RPM) has expanded its footprint into the Arizona market through a merger with Phoenix-based Maverick Residential and the opening of a new regional office in Phoenix. .
Through the merger, RPM will acquire Maverick’s Phoenix Multifamily Properties with 1,750 units and will grow to 1,100 team members overseeing a portfolio of more than 200 communities with 49,000 units throughout Arizona, Colorado, Florida, and Texas, according to . the company.
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“The Phoenix metro area was part of our long-term national growth plan, and this merger with Maverick Residential was a pivotal step in establishing our presence in the Arizona market,” said Jason Berkowitz, CEO and founder of Austin, Texas-based RPM. “In Maverick, we see an impressive team with similar core values, a focus on innovative technology, and a ‘people-centered’ approach to property management.”
RPM’s new Phoenix-based executive team will be led by executive vice president Rachel Davidson, who will use her close to 30 years of experience in real estate management to oversee the company’s national strategy. The rest of the team includes Scott Pechersky, senior vice president of technology; Alex Vance, Vice President of Marketing; and former Maverick Residential president Jeff Krohn, who will continue to oversee the organization’s portfolio under RPM as vice president of operations in the Southwest region.
“When I started Maverick Residential, I promised our team that we would always maintain a ‘people-first’ mentality and prioritize opportunities for career growth,” said Krohn. “In merging with RPM, we will be able to accelerate at a much greater scale while providing operational excellence for our residents, investors and employees. The strategic alignment of RPM and Maverick will strengthen the core strengths of both organizations, which lead with a cultural mantra to put our employees first.
RPM began its venture into Arizona earlier this year when it took over property management of The District in Scottsdale, a 332-unit luxury community in North Scottsdale.
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Founded in 2002 by Berkowitz, the full-service multifamily property management company has rapidly expanded its national platform. In 2019, it added more than 50 multifamily communities to its portfolio.
“RPM will continue to rapidly expand, not only in the number of units, but into new markets across the country,” Berkowitz told Multifamily Executive this spring. “We are in an environment where the expectations of our customers, residents and employees have never been higher.”
Christine Serlin is an editor for Affordable Housing Finance, Multifamily Executive, and Builder. She has covered the affordable housing industry since 2001. Prior to that, she worked at several daily newspapers, including the Contra Costa Times and the Pittsburgh Tribune-Review. Connect with Christine at [email protected] or follow her on Twitter @ChristineSerlin. Roscoe Property Management (RPM), a national leader in multifamily property management, today announced its expansion into the Arizona market through a merger with Phoenix-based Maverick Residential and the opening of a new regional office in Phoenix where plans are underway to aggressively expand the company’s Southwest portfolio.
Through this merger, RPM will acquire Maverick’s Phoenix multifamily properties totaling 1,750 apartment units and will grow to 1,100 national team members overseeing a portfolio of more than 200 communities and 49,000 apartment units across Texas, Florida, Colorado and Arizona .
S 78th St, Mesa, Az 85209
“The Phoenix metro area has been part of our long-term, national growth plan and this merger with Maverick Residential was a pivotal step in establishing our presence in the Arizona market,” said Jason Berkowitz, CEO and founder of RPM, headquartered in Austin, TX. . “In Maverick, we see an impressive team with similar core values, a focus on innovative technology and a ‘people-centered’ approach to property management. Similarly, the recent Greystar acquisition of Alliance Residential presents an opportunity for RPM to meet some of the industry’s most to hire
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