Asset Living

Asset Living is a property management firm based in the US, specializing in managing diverse residential properties with a focus on optimizing performance through technology and community engagement. Founded in 1986 in Houston, US, Asset Living focuses on providing property management services. The company was acquired by Trilantic North America in June 2018, enhancing its operational capabilities. The firm operates across the United States but does not have disclosed subsidiaries or parent companies.

Ryan McGrath serves as the CEO. Asset Living specializes in comprehensive property management services, focusing on student housing, multi-family residences, affordable housing, active adult communities, and build-to-rent properties. The company utilizes technology and industry trends to enhance resident satisfaction and operational efficiency. With a workforce exceeding 8,000 employees, Asset Living serves a diverse clientele of over 500 clients across more than 40 states, providing tailored management solutions that foster vibrant communities.

Asset Living's revenue structure is based on service contracts and management fees, generating steady income through partnerships with property owners and developers. Their agreements typically involve a fee structure based on a percentage of total rental income from managed properties, supplemented by fixed fees for additional services. By focusing on operational management and resident services, the firm aims to maximize occupancy rates and enhance community living experiences. Asset Living plans to leverage its expertise to design new services aimed at enhancing property management efficiency, with rollouts anticipated following their recent acquisition in June 2018.

The company is also focused on expanding its presence in new geographic markets across the US, targeting regions with growing student populations and multifamily housing demands. The funding secured through the acquisition will support these initiatives, ensuring that the company can enhance its service offerings and operational capabilities.