AUSTIN, TX – Austin, TX-based RPM (formerly known as Roscoe Property Management) and Atlanta-based CF (CF Real Estate Services) paved the way for continued aggressive growth in 2021 at 84,000 units in 17 states.
The combined organization will employ more than 1,800 people with nine regional offices in Charleston, Chicago, Dallas, Denver, Houston, Tampa, Phoenix, San Antonio, Washington DC, a regional headquarters in Atlanta and a headquarters in Austin, Texas.
"We are proud to merge the CF Real Estate Services brand with RPM to create a real estate management platform that will shape the multi-family industry," said Jason Berkowitz, president and founder of RPM. “We are creating a strong entry into the markets in the Southeast and Midwest, which is supported by an exceptional portfolio. This merger significantly expands our geographic reach, strengthens our organizations and offers significant future opportunities. While we will operate nationally under the RPM brand, executives from both companies have formed a collective leadership team that will lead the organization as part of our shared “people-first” culture. As one of the few companies active in almost all major US growth markets, we have become a powerhouse at the forefront of the multi-family industry. "
CF Real Estate Services was founded in Atlanta, Georgia in 2004 by co-founders Byron Cocke and Brett Finkelstein. Due to strategic mergers and organic growth over the past 17 years, the portfolio of institutional grade assets spans over 26,000 units, including Campus First's student housing division, which operates in key higher education markets across the country.
"Our combined operational size and geographic presence enables us to offer our customers, investors and partners superior value," said Finkelstein, CEO of CF.
RPM was founded in 2002 and organically expanded its portfolio by more than 19,000 units to over 58,000 units (prior to the CF merger) in 2020. The company had already grown in Arizona, Colorado, Wyoming, and Florida. RPM is one of the largest multi-family management companies in Texas and an NMHC Top 50 Manager in the nation.
"Our growth is the result of a focus on best practice and serving our customers at a broader and deeper level, while offering our employees tremendous opportunities in additional industries and new markets," said Hank Farrell, Principal at RPM.