Poplar co-founder Chuck Hattemer will also join Evernest to lead integration and growth efforts.
Evernest already provides services such as brokerage, maintenance, renovation, insurance and financing. We combine our in-house platform with local teams to perform these services.
But Evernest has a vision that goes beyond localized, employee-centric services. Private equity firm announced Wednesday $15 million investment LL Fund This will help Evernest build a home service platform focused on rental property owners. According to Evernest, LL Fund has also been one of Poplar’s investors since its founding in 2014.
“The addition of Poplar gives us a presence in six new states, including the West Coast, and brings additional operational efficiencies to property owners. LL Funds’ investment positions us well. “We are able to operate at a pace that sets us apart in our industry, allowing us to scale, increase market density and deliver profitability to our customers,” said Matthew, Founder and CEO of Evernest. Whittaker said. Prepared statement.
Poplar Homes is a leading property management company focused on individual investors and multifamily property owners. Poplar adds California, Oregon, Illinois, Nevada, South Carolina and Washington to its Evernest footprint.
“By partnering with Evernest, known for operational excellence, we are combining more than 20 years of property management experience,” Poplar Homes co-founder Greg Toski said in a statement. “We are excited to combine the local property management operations of both companies with their robust technology offerings. It is done when
This isn’t Evernest’s only recent acquisition. In December, the company acquired select assets from: Elaraproperty management department Pickett Holmes. As the new year approaches, Evernest’s recent acquisitions continue the company’s consistent upward growth trend.
Poplar Homes also hired Sean Storey as executive vice president in July 2024 to oversee its multifamily management and rental portfolio.
