News Summary
Grant Property Management has expanded its portfolio by acquiring Consolidated Community Management in Tamarac, adding 90 homeowners associations to its growing list. This acquisition marks the fifth management company Grant has acquired in two years, increasing its total to around 200 associations across South Florida. With their operations expanding beyond Palm Beach County and a new CFO on board, Grant is poised for further growth in the homeowners association management market, despite challenges in the condo sector due to rising repair reserve requirements.
Boca Raton’s Property Management Scene Just Got Bigger!
Boca Raton is buzzing with exciting news as Grant Property Management has officially expanded its portfolio by acquiring Consolidated Community Management located in Tamarac. The financial details of the deal haven’t been disclosed, but what we do know is that this marks the fifth homeowners management company that Grant has scooped up in just the past two years!
What This Means for Homeowners Associations
You might be wondering what this means for homeowners associations in the area. Well, this acquisition adds an impressive 90 homeowners associations to Grant’s growing management portfolio, bringing their total to around 200 homeowners associations across South Florida. Previously, Grant was primarily known for its activities in Palm Beach County, but with this new addition, their influence is spreading outwards. Who wouldn’t love a little more expertise on their community management?
Growing Teams and Opportunities
With the growth of the portfolio comes the need for more hands on deck. Grant Property Management is now operating with a staff of 80 employees, which includes the newly added Chief Financial Officer, Renee Campbell. Campbell brings a wealth of experience, having served nearly three decades as CFO at United Community Management before jumping on board with Grant. Her inclusion is sure to add a depth of knowledge that could benefit both Grant and their clients.
Rankings and Future Plans
In the world of homeowners association management, Grant is making its mark by being ranked the 10th largest homeowners association management company in South Florida, according to the latest Business Journal reports. With expansion plans still on the table, Grant is eyeing even more HOA management firms to acquire. The motivation is clear; there’s a substantial opportunity seen in the management market as various long-term operators are beginning to consider selling their businesses. With around 50,000 associations across Florida, the demand for management services is definitely on the rise!
Challenges in the Condo Market
The Future of Community Management
Deeper Dive: News & Info About This Topic
- TCPalm: HOA Q&A
- Profile Miami: Glass House Boca Raton
- Palm Beach Post: HOA Expert
- Google Search: Florida homeowners associations
- Commercial Observer: Ares Management
- Encyclopedia Britannica: Homeowners Association
Author: STAFF HERE ORLANDO WRITER
ORLANDO STAFF WRITER The ORLANDO STAFF WRITER represents the experienced team at HEREOrlando.com, your go-to source for actionable local news and information in Orlando, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Orlando International Fringe Theatre Festival, Megacon Orlando, and Central Florida Fair. Our coverage extends to key organizations like the Orlando Economic Partnership and Hispanic Chamber of Commerce Metro Orlando, plus leading businesses in leisure and hospitality that power the local economy such as Walt Disney World Resort, AdventHealth, and Universal Orlando. As part of the broader HERE network, including HEREJacksonville.com, HEREPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
