RPM Living, a full-service management company and the seventh largest apartment manager in the nation, has been awarded management of Michigan-based GSH Real Estate’s entire 5,000+-unit portfolio of conventional multifamily properties.
The partnership, born out of a client referral, provides a tremendous opportunity for both companies to collaborate on a variety of value-add efforts across the portfolio, to include enhanced resident services, amenities, and unit renovations.
“We aim to collaborate with innovative partners that support our goal of providing high-quality housing and superior returns,” says Gideon Pfeffer, CEO & Managing Partner of GSH Real Estate Group. “RPM Living’s values and strategic approach to property management complements the experience we provide to our residents and investors.”
RPM took over management of the portfolio in stages from November 2022 to February 2023. The majority of GSH’s portfolio (13 communities) is in the Midwest throughout Michigan, Ohio, and Indiana, with an additional three communities in Florida and Maryland. RPM’s partnership with GSH further expands and solidifies its footprint as one of the nation’s top multifamily management companies.
“Our roots come from a principal mindset – we pride ourselves on creating value by being innovative and creative with property operations,” says Jason Berkowitz, CEO of RPM Living. “As a likeminded partner, GSH is aligned with our focus on best practice and always operating with a people-first mentality, in terms of both our associates and residents. We’re excited to continue elevating the living experience across this portfolio alongside GSH.”
RPM first entered the Midwest region in March 2021 and has steadily grown its presence since then. Today, RPM manages more than 7,000 units throughout 10 Midwest markets including Chicago, Cleveland, Detroit, Grand Rapids, Indianapolis, Kansas City, Lansing, Madison, Minneapolis, and Omaha.
About RPM Living
RPM Living is a full-service multifamily management company offering an innovative and personalized approach to real estate services including management, investment and development. Headquartered in Austin, Texas, RPM is ranked #7 on the NMHC Top 50 Largest Apartment Manager list, managing more than 150 clients, 10 regional offices and 148,000 units, with an owned portfolio of $3 billion. Founded by Jason Berkowitz in 2002, the firm has grown to over 3,200 associates nationwide spread across over 45+ markets, all of whom share the collective vision to enhance clients’ investments through customized solutions and exceptional resident-centric service. To learn more about RPM, visit RPMLiving.com.
About The GSH Real Estate Group
The GSH Group is a privately held real estate investment firm specializing in the acquisition and management of multifamily residential properties in multiple markets that support economic stability, growth, and strong educational systems. Our growth-oriented strategy is a disciplined approach to acquiring and managing properties, carefully curating a portfolio of high cash-flowing opportunities for our investors. GSH and its ESG-related Meadows brand focus on enhancing their communities with a concierge approach to improving their residents’ lives while providing investors with ethical and transparent communications with the opportunity to achieve superior returns on investments. To learn more, visit www.gshrealestate.com.
Photo: The Grove, a 320-unit community in Grand Rapids, Michigan, owned by GSH Real Estate Group and managed by RPM Living.
Read the article on RPM Living here.