November 23, 2022 - HomeRiver Group® (HRG), the nation’s largest third-party property management company of single family and multifamily homes in the U.S., is adding over 800 homes to their property management portfolio through the acquisition of Modern Property Groups, located in Columbia, MO., and a Dallas-Fort Worth portfolio from Worx Property Management. These acquisitions push HomeRiver Group’s managed residences to over 38,000 homes across 31 states and in over 60 U.S. markets.
Drew Napurano, Chief Operating Officer of HRG, says “This is another great step in growing our managed assets, and it’s a pleasure to bring aboard another talented property management team.”
HomeRiver Group (www.homeriver.com) is a national service platform offering a comprehensive suite of acquisition, renovation, leasing, management, maintenance, and brokerage services to institutional and independent single family and multifamily real estate investors, as well as Community Association Management services for Homeowner Associations. HRG was named one of the Best Property Management Companies of 2022 by PropertyManagement.com.
About Worx Property Management
Worx Property Management offers full service property management of single family homes, condos and duplexes for individuals and investors in the Oklahoma City, Tulsa, and Dallas metro areas. They manage over 700 properties totaling more than $185,000,000.00 in real estate value.
About Modern Property Groups
Modern Property Groups provides clients with management solutions that help their properties operate smoothly, increase desirability, achieve the highest net operating income, and enhance investment value throughout central Missouri. They specialize in investment properties that includes single family houses, individual condo units, and multifamily.