October 4, 2022 - HomeRiver Group® (HRG), the nation’s largest third-party property management company of single family and multifamily homes in the U.S., announced the acquisition of Weichert Property Management, who manages residential properties throughout the Mid-Atlantic. This acquisition adds over 700 homes to HRG's portfolio and adds New York and New Jersey to its national service areas. HRG now manages over 37,000 homes across 31 states and in over 60 U.S. markets.
John Hirschfeld, Chairman and CEO of HRG, says “We’re very excited about adding a significant volume of homes to our management portfolio as well as expanding HRG’s services to two new states – New York and New Jersey. Weichert Property Management has an exceptional track record in property management and we’re proud to add its team to our organization.”
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 Weichert Property Management
Weichert Property Management is a full-service property management firm that manages residential properties in New Jersey, Greater New York, the Philadelphia suburbs, and the Washington, D.C. area. While managing properties for over 35 years, Weichert has focused on value for its investors through clear communication, full transparency, and no hidden fees.