ONEprop Launches Houston Office

ONEprop has expanded into the 3rd largest US city through partnerships with asset managers and investors nationwide.

Jun 24, 2010, 17:26 ET from ONEprop

HOUSTON, Texas, June 24 /PRNewswire/ -- ONEprop announced today they have increased their Texas business significantly by partnering with asset management firms and investors with national presence. The Houston market will represent the 2nd largest branch for the company.

The Houston office is the 7th location for the Texas based company, which now has over $450 million in assets under management. "Our goal was never to be the biggest: it was to be the best," said David Kadleck, CEO. "This growth is the result of the fact that we approach our business differently. We insist on measures that protect our client and their investment, including having a top-notch, educated and licensed group of professionals working for us. We bring a lot to the table for a professional asset manager or investor."

With branches in 3 of the 10 largest US cities, ONEprop is able to offer asset managers with large REO tapes more than most property managers could. ONEprop COO Kevin Martin remarked, "If you have a tape of 200 or 300 homes and you're looking to outsource management, you really don't have a lot of options. We are able to work with asset managers to absorb the property management aspect of their investment in a way that no other company has been able to do. We make it seamless while ensuring full compliance with local and state regulations."

Charles Riska, VP of Operations, is excited to bring ONEprop's expertise to a new city. "Houston has been on our radar for years. It's a vibrant city with a healthy rental community, and we're more than ready to hit the ground running."

ONEprop is a real estate and property management company with locations in 7 Southwest Metro locations: Dallas/Ft. Worth, Austin, Houston, Phoenix, Tulsa, Oklahoma City, and Baton Rouge/Lafayette. ONEprop has been in business since 1986, and employs a staff of Realtors® and corporate professionals with extensive industry experience. With over $450 million of assets under management, ONEprop is the recognized leader in the single-family residential property management industry.

Contact:

Layla Bush

(214) 432-1967

lbush@oneprop.net

www.ONEprop.net



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