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U.S. Residential Group Lands 6,000 Units in 5 States; Enters MO Market

Posted on 1/31/2013 by SuperUser Account in Property Management US Residential Group

U.S. Residential Group LLC - a national full-service, fee-based multifamily management company - has been selected to manage 19 conventional and affordable multifamily communities located in California, Florida, Missouri, Texas and Virginia. The assigments for the 6,060 units came from a diverse group of clients who continue to entrust U.S. Residential Group with the management of their multifamily assets.

The company entered into the Missouri market with a 600 unit conventional property in St. Louis owned by an institutional real estate fund.
  
In California, USRG added two affordable properties of which one was a new development lease-up deal.
  
In Texas, the company took on 12 communities located in the metropolitan areas of DFW, Houston and San Antonio.  Of the 12, eight were affordable properties.
  
USRG expanded its Richmond, Virginia portfolio by adding three properties there (two conventional and one affordable).
  
And lastly, the company picked up a new market in Florida with the addition of a market-rate property in Bradenton.

About Us
U.S. Residential Group LLC is a national full-service, fee-based management company for conventional and affordable multi-housing communities. By combining the talents and expertise of seasoned apartment professionals from each region of the country, U.S. Residential Group LLC and its key employees have experience managing over 100,000 apartment units.
 
We have an extensive background in all multifamily classes from new property lease-ups to REO's.  While our typical assignments are one to three-story garden-style communities, we have experience managing 75-year-old properties, lofts and high-rises. 
 
For over 20 years, U.S. Residential Group LLC has been dedicated to achieving the goals and objectives of our multifamily clientele of pension funds, public companies, non-profits, public agencies and private real estate investors.

Tags: Property Management US Residential Group