Carrington acquires single-family assets
Carrington Property Services will assume national property management responsibilities on existing and newly single-family rental assets, which the company acquired from Gorelick Brothers Capital.
Carrington will be managing Gorelick's existing rental portfolio located primarily in seven major urban centers, according to a press release.
"Our partnership presents a win/win as it marries Carrington's operational expertise with Gorelick's reputation as a leading investment advisor for the housing industry. I'm confident that teaming up with them will result in a positive impact for both of our companies," said Carrington Property Services executive vice president Renee Deane.