Evernest, a national, full-service real estate and property management firm, announced today that it has acquired the retail property management division of Texas-based Darwin Homes.
The acquisition includes the management agreements for more than 500 homes across Austin, San Antonio, Dallas and Houston. This boosts the firm’s overall properties managed to 16,000 nationwide and represents Evernest’s next step in the Texas real estate market.
“Ever since I started this business I’ve always wanted to have offices in Texas. The cities in this state have always been at the top for investors and affordability for tenants,” said Matthew Whitaker, Evernest Founder and CEO. “We were so excited when Ryan (Darwin’s CEO) decided to sell the retail portion of his business and chose us to help him do that.”
“Evernest’s ability to quickly and efficiently acquire companies without large-scale operational disruptions was critical in our decision to sell,” said Darwin Homes Co-Founder Ryan Broderick. “Of course, we wanted to ensure our valued clients were in good hands.”
“Plus, leaving our property management division to a team we can trust allows us to focus on other aspects of our business, like our real estate brokerage,” added Co-Founder Zachary Kinloch. “This is truly a transaction where everyone wins.”
Darwin Homes is the 40th organization purchased by Evernest, and one of 19 purchased within the last year.
Based in Birmingham, Ala., Evernest operates in 35 real estate markets across the country. It is one of the nation’s largest single-family and small multifamily investment brokers and property management providers. The firm manages 16,000 homes for over 6,000 owners, brokers more than 1,000 investment deals annually, and has made the Inc. 5000 list six of the last seven years.
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