Alabama property-management firm buys part of Four Star Realty’s business
GK Houses LLC, a Birmingham, Alabama-based property management company, has acquired the Colorado single-family and small multi-family housing businesses from Four Star Realty and Property Management.
Four Star, which operates in Boulder, Fort Collins and Denver, will focus on its student housing and larger multi-family management businesses in those markets.
With the Four Star acquisition, GK Houses now manages 2,100 homes in Colorado, Tennessee, Alabama and Arkansas.
SPONSORED CONTENT
Business Cares: April 2024
In Colorado, 1 in 3 women, 1 in 3 men and 1 in 2 transgender individuals will experience an attempted or completed sexual assault in their lifetime. During April, we recognize Sexual Assault Awareness Month with the hopes of increasing conversations about this very important issue.
Terms of the transaction were not disclosed.
“We have been looking to unwind our single-family management portfolio for several years, and we were looking for the right partner to provide a seamless transition for our valued clients in this space,” Four Star CEO Caldwell Sullivan said in a prepared statement.
Gk Houses has existing offices in Fort Collins and Denver. The company plans to open a new Boulder office.
GK Houses LLC, a Birmingham, Alabama-based property management company, has acquired the Colorado single-family and small multi-family housing businesses from Four Star Realty and Property Management.
Four Star, which operates in Boulder, Fort Collins and Denver, will focus on its student housing and larger multi-family management businesses in those markets.
With the Four Star acquisition, GK Houses now manages 2,100 homes in Colorado, Tennessee, Alabama and Arkansas.
Terms of the transaction were not disclosed.
“We have been looking to unwind our single-family management portfolio for several years, and we were looking for the right partner to provide a seamless transition for our valued clients…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
