Property managers
Asset Living
Asset Living is a third-party property management company headquartered in Houston. It manages conventional multifamily, student, affordable, active adult and senior, and build-to-rent communities across the United States.
The company was founded in 1986 and now manages over 455,000 units across more than 2,700 communities, with clients in over 40 states. It reports about 12,000 employees and ten corporate offices nationwide, supported by regional teams that cover local markets.
The service suite goes well beyond site management: property-specific accounting with compliance oversight and centralized accounts payable, centralized leasing and resident-account roles used on more than 35,000 units, construction management, data and business intelligence, learning and performance, and a client-exclusive insurance program administered with the broker Lockton that pools purchasing across managed sites.
Rankings cited on the site place Asset Living at No. 1 on the National Affordable Housing Management Association's Affordable 100 list and No. 2 on the National Multifamily Housing Council's Top 50 Managers list. Management fees are not published and are negotiated by portfolio, so ask how centralized services and the insurance program are charged.
Best for
Owners and institutional clients with conventional, student, affordable, active adult or build-to-rent portfolios who want a national third-party manager with centralized accounting, leasing and compliance.
What they do
- Conventional multifamily property management
- Student housing management
- Affordable housing management
- Active adult and senior housing management
- Build-to-rent community management
- Property accounting and compliance reporting
- Centralized leasing and resident account support
- Construction management
- Data and business intelligence
- Client-exclusive insurance program with Lockton
Details
| Attribute | Value |
|---|---|
| Founded | 1986 |
| Team size | 1,000+ employees |
What stands out
- Manages over 455,000 units across more than 2,700 communities nationwide.
- Founded in 1986, with clients in over 40 states and ten corporate offices.
- Ranked No. 1 on NAHMA's Affordable 100 list and No. 2 on NMHC's Top 50 Managers list.
- Says it employs about 12,000 people coast to coast.
- Reports 65% resident retention across the multifamily portfolio.