Announced
Financials
Sources
Tags
property management
Private Equity
Pending
Acquisition
Domestic
Private
United States
Real Estate Services
Majority
Friendly
Single Bidder
Synopsis
Pretium, an investment firm, agreed to acquire BH Management Services, a property management platform. Financial terms were not disclosed. "BH's multifamily property management platform prioritizes the resident and employee experiences and is critical to enhancing communities at a time when quality housing options are in short supply. The addition of BH is a natural adjacency to Pretium's residential ecosystem and enables us to continue providing diverse housing options for residents based on their preferences and stages of life. We look forward to working with the entire BH team to continue to strengthen BH's model and market position," Don Mullen, Pretium Founder and CEO.
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