Expanding a Property Management Company through Aquisitions
We are starting to focus on a different market segment and looking at acquiring existing PM companies or parts of a PM's portfolio that is in an area we would like to manage.
Has anyone had any experience in doing this? We are focusing in the Minnesota, Minneapolis market and mainly interested in single family, duplex, triplex and smaller apartment community portfolios or PM at the moment.
Looking for:
How are these deals structured?
Time frame and onboarding?
anything else we should know??