Dietz Property Group

Dietz Property Group is a Troy, Michigan real estate firm that owns, manages and brokers multifamily and commercial property. It describes itself as entrepreneurial owners, property managers and brokers of 51 multifamily and commercial assets in the Midwest.

Third-party management is offered to private and institutional clients. The firm says it manages client properties as if it owned them, that new owners have often retained it after buying a property it sold, and that it has deep experience managing multifamily properties carrying HUD guaranteed debt. It also handles commercial leasing for landlords and tenants, and runs an investment group focused on multifamily acquisitions and asset management.

Assignments are tightly defined. The firm focuses on Class C+ or better assets in the Midwest: multifamily typically in Michigan, Ohio, Indiana, Kentucky or Missouri with 100 units or more, and commercial typically within an hour and a half drive of Detroit and 30,000 square feet or more. It cites Office Building of the Year (TOBY) and Property Manager of the Year awards from the Building Owners and Managers Association.

The company was founded in 1994 and its office is at 2075 West Big Beaver Rd, Suite 100, Troy, Michigan. Management fees are not published, so ask how the fee is calculated and what sits outside it.