RADCO Launches Property Management Platform for Third-Party Owners

Initial markets for RADCO Residential are throughout the Southeast and Texas.

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Mike Brewer, chief operating officer, The RADCO Cos.

Mike Brewer, chief operating officer, The RADCO Cos.

The RADCO Cos. has expanded its in-house property management services platform to third-party investors and asset managers.

RADCO Residential, led by chief operating officer Mike Brewer, will manage properties throughout the asset life cycle from due diligence and acquisition to disposition. The platform is now available to properties outside of the RADCO portfolio throughout the Southeast and Texas.

A leading real estate investor based in Atlanta, The RADCO Cos. operates primarily in the multifamily space and has acquired, invested, and operated approximately 30,000 units in 15 markets over the past decade. It initially employed third-party managers but found a one-size-fits-all approach wasn’t the most effective for its portfolio. RADCO Residential was created as a solution to that.

According to Norman Radow, CEO of The RADCO Cos., the firm had been approached about expanding into third-party management but opted to wait until it was prepared organizationally to serve outside clients.

“RADCO Residential is dedicated to ‘building better living’ for residents, and we take great pride in bringing superior value to every community we manage,” said Brewer. “Our unique platform is built on years of management proficiency, through the eyes of an owner, and RADCO Residential is committed to delivering superior results while providing transparent and accurate communication.”

About the Author

Christine Serlin

Christine Serlin is an editor for Affordable Housing Finance, Multifamily Executive, and Builder. She has covered the affordable housing industry since 2001. Before that, she worked at several daily newspapers, including the Contra Costa Times and the Pittsburgh Tribune-Review. Connect with Christine at cserlin@zondahome.com or follow her on Twitter @ChristineSerlin.

Christine Serlin

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