RealManage, LLC acquires five successful management companies, making it the third largest condo and HOA management company in the United States.

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Plano, Texas, Aug. 01, 2022 (GLOBE NEWSWIRE) — RealManageLLC, the nation’s third-largest condominium and HOA management company, has purchased five highly successful community management companies year-to-date.

Phoenix, Arizona – RealManage, LLC expanded its presence in Arizona with the purchase of Premier Community Management in January and Vision Community Management in May. The acquisitions make RealManage one of the largest management companies in Arizona by units under management and communities served and will enable it to deliver its industry-leading innovations across its growing family of brands across the state.

“We are thrilled to join the RealManage family and all they have to offer our customers and employees. I believe this is the perfect fit for both and I look forward to helping RealManage accomplish its mission. – Robb Lipsey, President of Premier Community Management”By partnering with RealManage, we believe we have found a team of professionals who truly share our core values ​​and belief in excellence in association management. Their resources, innovation and platform -world-class technology coupled with Vision’s people, scalability, and industry-leading management and services will enable us to share our vision throughout the state of Arizona – Darin Fisher, President, Vision Community Management

Englewood, Colorado – In March, RealManage, LLC purchased Black-smith®, a company serving Colorado community associations since 1981. This acquisition includes Hammersmith Data Management, Inc., Hammersmith Construction Services, Inc., Hammersmith Contracting, Inc., Hammersmith Enterprises, Inc., Hammersmith Roofing LLC and Hammersmith Management. The purchase significantly increases RealManage’s operational footprint in Colorado, adds significant talent, and expands its capabilities in construction services, project administration and roofing.

“Our significant growth and the synergies of our two companies made this partnership an easy decision, especially given our mutual values. We’re the same great company, with the same great service and the same great people, but with so much more to offer now to continue being at the forefront of innovation. We are delighted that the two companies are mutually reinforcing their operations. » John Hammersmith, CEO of Hammersmith®

Coral Springs, Florida – In March, RealManage, LLC acquired United Community Management Corp.., and Condominium management alternative, both in Coral Springs, Florida. Cross Keys Capital, LLC, a leading independent investment bank providing M&A advisory services, acted as exclusive financial advisor to Condo Management Alternative on its sale to RealManage. Both companies have long and successful operating histories in Broward, Miami-Dade and Palm Beach counties and bring considerable talent and depth to RealManage’s existing operations. RealManage first entered the Southeast Florida market in 2019, and these acquisitions represent their continued strategic investment in Florida.

“We have spent the past two years meeting with RealManage and learning more about their core principles and values. We believe their wider organization has the scale that will enable United to continue to grow in the way we provide services to our customers, as well as provide an environment that provides our associates with better career and development opportunities. professional development. RealManage provides the benefits of a national company while maintaining all the local communications and convenient experiences that you and our residents are accustomed to. Howard Solomon, co-founder, United Community Management Corp.

“I am happy to announce that we are partnering with RealManage. Condo Management Alternative and RealManage both share the vision of changing the world of property management by providing you with a superior level of service, support, systems and procedures. We’ve long admired RealManage’s desire to create customer-focused, value-added solutions while building a great team and culture. Hasnaa Boutros, President, Condo Management Alternative.

“These strategic acquisitions add to our broad talent pool, increase core competencies and expand our footprint in Colorado, Florida and Arizona,” commented Chris O’Neill, co-founder and CEO of RealManage. “We are thrilled to partner with each of these fantastic companies.”

About the RealManage family of brands

The RealManage family of brands, which includes GrandMansions and Cira Connect, is one of the fastest growing association management companies in the nation, currently ranking third among HOA/condo management companies in the nation. RealManage offers innovative management services to community associations of all types and sizes, including homeowners associations (HOAs), condominium associations, cooperatives, municipal utility districts, and large planned communities. GrandManors is the distinguished community association management division of the RealManage family of brands. GrandManors provides staff management and community association services dedicated to luxury skyscrapers, lifestyle communities and golf/country club communities.

CiraConnect is RealManage’s proprietary cloud technology. It is the community association industry’s most comprehensive SaaS and mobile application software provider. CiraConnect allows users to access all relevant community information anytime, anywhere and from any device. The technology includes web portals, tablet apps, and smartphone apps for all community constituents, including board members, residents, and service providers.

Amanda Causey
[email protected]

Source: RealManage

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