HomeRiver Group® (HRG), the nation’s leading provider of property management services for single family and multifamily properties, announced the acquisition of Summit Property Management (SPM) located in Missoula, MT. This acquisition adds 1,080 units to HRG's portfolio, which now puts them over 31,000 units managed across 29 states and in over 50 U.S. markets.
Drew Napurano, Chief Operating Officer of HRG, said “Reaching 31,000 units managed is a significant milestone for HomeRiver Group. We’re very excited about acquiring Summit Property Management because their talented team has a superb reputation in Missoula, and we’re proud to serve even more investors and residents in a new market.”
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.
About Summit Property Management
Summit Property Management was founded in 2005 by Aaron Gingerelli, CCIM, MPM, RMP, LPM, Realtor, Broker, and Peak Maintenance was founded in 2011. Starting with around 20 rental units, Aaron and his team grew the business to approximately 1,400 units under management by 2021 including residential single family homes, apartments and condos, as well as Commercial Office, Retail, Warehouse & Storage space and HOA's. Aaron and his team at SPM and Peak Maintenance are excited for the next chapter as part of HRG.
HomeRiver Group Announces the acquisition of Summit Property Management
System - Tuesday, January 11, 2022