College students looking for a place to live off campus have a greater chance of renting from Alliance Property Management now that it has combined with Emerald Property Management.
Alliance is now the largest property management company in the Manhattan, Ogden, Wamego and Junction City area, growing by 38 percent when its acquisition of Emerald was finalized Jan. 1.
“This partnership will further establish our presence and help breed success in an exceedingly competitive market,” Brice Ebert, vice president of Alliance, said in a press release. “We were fortunate to complete this acquisition with such a highly respected and professional company as Emerald Property Management.”
Ebert said the reason for the acquisition is that Alliance and Emerald offer “almost identical” approaches to property management. This includes advertising, property showing, tenant screening, executing leases, tenant care and property care. It is described as a “full service property management company.”
“At this point, we’re fully equipped to handle the increased workload,” Ebert said.
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Rachel Ebert, human resource manager for Alliance, said the acquisition will allow Alliance to better serve its tenants.
“Emerald’s staff will transition to Alliance and the combined forces will provide a breadth of professional expertise,” Rachel Ebert said. “We’ve put together a dedicated team for each area of service that understands real estate and managing someone’s asset. This allows us to provide high-quality and cost efficient property management services to all of our clients.”
Alliance marketing agent Brista Robinson said opportunities for acquiring other property management companies vary and are hard to predict, but it doesn’t happen often.
Robinson added that she is unsure how many Alliance tenants are college students, but hopes the number will increase.
“We have something for everyone,” Robinson said. “We have value savvy and executive apartments, houses and duplexes ranging from studio or one-bedroom all the way to five-, six- and seven-bedroom properties.”
