Alpine Investors launched Oakline Properties to scale property management businesses and acquired Cirrus Asset Management, managing over 20,000 units valued at $7 billion.

Target Information

Alpine Investors has initiated a new venture named Oakline Properties, which is dedicated to the partnership and expansion of property and association management enterprises throughout the United States. This strategic endeavor aims to create a platform that not only emphasizes growth but also enhances operational efficiencies within the property management sector.

As part of its launch, Oakline Properties has successfully acquired Cirrus Asset Management, Inc. This firm is notable for its management of over 20,000 residential units, with a total asset portfolio valued at more than $7 billion. The acquisition highlights Oakline's commitment to establishing a robust foothold in the competitive property management landscape.

Industry Overview

The property management industry in the United States has experienced significant growth in recent years, driven by increasing demand for professional management services among property owners and