ProperXPM Plans $100 Million Roll-Up of Multifamily Property Management Firms

ProperXPM, known for its tech-enabled property management, is set to expand with up to $100 million in funding. This initiative aims to consolidate multifamily property management companies across the United States. Since its start in December 2023, ProperXPM has completed several transactions. The project is supported by private equity firm TriSpan and Livly®, a leading PropTech operating system.

Offering Immediate Liquidity and Long-Term Value

ProperXPM provides selling partners with immediate liquidity and the chance for long-term value creation through co-investment and partial platform ownership.

Enhancing Property Management with Technology

ProperXPM focuses on providing cost-effective, efficient management solutions that benefit property owners by saving time and resources. Using advanced technology and centralized support, ProperXPM improves resident experiences and increases net operating income (NOI).

“ProperXPM is redefining property management,” said Brian Duggan, CEO of ProperXPM. “Our tech-centric approach optimizes operations and enhances resident experiences, adding value for property owners and investors.”

Advantages of ProperXPM’s Approach

• Higher Rent and Resident Retention: Innovative solutions lead to higher rental rates and a stronger sense of community, boosting retention.
• Increased Efficiency and Revenue: Centralized support and streamlined processes enhance staff efficiency and create new revenue streams.
• NOI Growth: Property owners can expect a 5-10% increase in NOI due to improved revenue and operational efficiency.

Expanding Nationwide with Experienced Leadership

ProperXPM’s leadership team is dedicated to excellence and innovation, supported by TriSpan’s successful track record with DHV Plus, Germany’s leading residential property management platform.

Opportunities for Property Management Firms

Property management companies and asset owners with management arms interested in joining ProperXPM’s platform can benefit from immediate liquidity and long-term value through optional co-investment. ProperXPM also offers a white-label marketing program to maintain consistent resident engagement under the property owner’s brand.

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