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Village Green

Village Green 1
Village Green 2
Village Green 3

Village Green

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Headquarters

Detroit, MI

Sector

Business Services

Website

https://villagegreenmgt.com

Transaction Type

Divisional Carve-out

Status

Active

Description

Village Green provides third-party property management services to the multifamily real estate sector, ranking as the 35th largest property manager in the U.S. The Company was founded over 100 years ago and currently manages over 40,000 apartment units across more than 200 properties. Property management encompasses all aspects of property operations including lease negotiation and administration, rent collection, daily maintenance, budget development, and marketing support.

Value Creation Opportunity

  • Identified an opportunity to partner with a regional leader in the fragmented property management industry, led by a management team with significant industry experience.
  • Opportunity to leverage CenterOak’s experience scaling services platforms to enhance density in core markets and enter new geographies.
  • Increase customer wallet share and expand ancillary services adoption.
  • Strengthen operations through investments in systems and capitalize on shared/centralized resources.

Add-on Criteria

Actively seeking providers of third-party multifamily property management services.

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