Evernest, a national, full-service real estate and property management firm, announced today that they have acquired Missouri-based St. Louis Property Management..
The acquisition adds approximately 200 homes to Evernest’s St. Louis portfolio, and boosts the firm’s overall properties managed to more than 13,000 nation-wide.
“It’s no secret that St. Louis is a red-hot market for real estate investors,” said Matthew Whitaker, Evernest Founder and CEO. “Fortunately, we have an established team of professionals already living and working with owners in the area, so St. Louis Property Management clients will be integrated into the Evernest family very quickly. We’re excited to continue providing best-in-class care for our new clients.”
“Evernest’s local, boots-on-the-ground approach was a key consideration in selling my company,” said St. Louis Property Management owner, Edward O’Daniel, “I am confident in their ability to offer my clients all the benefits of a large, multi-state firm along with the perks of a local, Missouri-specific team.”
St. Louis Property Management is the 30th organization purchased by Evernest, and one of nine purchased within the last six months. “Our goal is to find best-in-class property management providers in select markets who are ready to exit the industry. We take the legacy they’ve built and infuse it with our distinctive culture – which includes a boots on the ground team, in-house brokerage services, and in-house underwriting – and provide a national, world-class, property management experience for our owners and tenants.”
Based in Birmingham, Alabama, Evernest operates in 25 real estate markets across the country. It is one of the nation’s largest single-family and small multi-family investment brokers and property management providers. The firm manages more than 13,000 homes for over 4,100 owners, brokers more than 1,000 investment deals annually, and has made the Inc. 5000 list six of the last seven years. Learn more about Evernest at Evernest.co.
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