Great Jones

Great Jones, based in New York, US, is a property management company founded in 2017, leveraging technology to provide efficient and transparent solutions for real estate investors and property owners. Great Jones is a property management firm that caters to the needs of real estate investors and property owners. Founded in New York in 2017, the company has undergone a strategic acquisition in August 2021, when Roofstock, Inc. acquired Great Jones from AlleyCorp and other investors, enhancing its operational capabilities.

The firm has successfully executed 4 deals to date. Its latest funding round was a Series A, in which USD 11. 30 mn was raised, coinciding with the total amount raised. Great Jones offers a comprehensive suite of property management services that includes tenant placement, lease renewals, maintenance management, and communication solutions for property owners.

Their tech-powered Investor Portal delivers real-time insights into portfolio performance, ensuring informed decision-making. The company serves a diverse clientele, ranging from individual investors to institutional partners, managing portfolios across over 40 markets including California, Texas, Florida, North Carolina, and Georgia. Great Jones operates on a service-based revenue model, charging property owners for a range of property management services. The company typically enters into contracts that may involve a percentage of the monthly rental income alongside additional management services.

It also provides tailored services to institutional clients, enhancing revenue potential through customized management strategies, reflecting a commitment to delivering value to both B2B and direct-to-consumer markets in the residential rental sector. With the acquisition by Roofstock, Inc. , Great Jones aims to strengthen its position in the property management sector by supporting the full lifecycle of property investment for owners. The firm plans to expand its offerings and enhance its market presence, utilizing the recent funding to innovate and enhance its technology platform.

Specific details on upcoming product launches have not been disclosed, but the company is expected to target new geographic markets in the coming years.