December 29, 2021
Houston (Dec. 29, 2021) – Today, Asset Living was ranked the No. one third-party property management company in the U.S. by Student Housing Business for the 11th consecutive year. In the last 12 months, Asset Living grew to 134,808 beds under third-party management. This was announced in the latest issue of Student Housing Business where the magazine shared results from the annual Top 25 Manager Survey issued in the fall of 2021.
“As institutional investors become more active in the sector, they are continuing to rely on third-party managers to professionally manage their assets,” Student Housing Business stated in the rankings announcement today. In 2021, Asset Living acquired two new firms (City Gate Property Group in Dallas and JMG Realty in Atlanta), ranked as the fifth-largest third-party property management company in the country by NMHC’s Top 50, and made its debut as the 11th largest management company of affordable multi-family properties in the nation on the NAHMA Affordable 100 List.
Over the past 12 months, Asset Living also adopted new technologies to continue providing best-in-class client service, offering clients premiere property management, asset management, receivership, and investment expertise. For example, Asset will be partnering with My College Roomie to bring the industry’s leading roommate matching and selection software to the majority of residents in the spring of 2022.
For more information on Student Housing Business or the Top 25 lists, visit the website. For more information regarding Asset Living’s expertise in student housing, visit the service page or reach out directly to contact an expert on the team.
About Asset Living
Founded in 1986, Asset Living (“Asset”) is a Houston-based real estate management firm. With a growing portfolio that includes a multitude of properties across the nation, Asset provides services to a variety of clients that include property management, asset management, receivership, and investment services. Asset is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). To learn more, please visit www.assetliving.com.
About FRANCE MEDIA
FRANCE MEDIA is a business-to-business media company specializing in the publication and production of magazines, websites, e-newsletters and conferences in the markets of commercial real estate, retail, office, student housing, seniors housing and medical office buildings, as well as facilities management and maintenance. To learn more, please visit studenthousingbusiness.com/about-france-media/.