PM Company Transaction Data
Nobody knows how much property management companies sell for.
That’s not strictly true, of course. The seller and buyer know the details of their specific transaction. And we all hear whispers and rumors of sale prices and multiples. But there is essentially no public market data on M&A activity in our industry. This seems like a big oversight.
I recently ran a poll in my newsletter, where I asked readers: If I started tracking this data, would you submit your PM company purchase or sale info to me with a promise of anonymity? The idea would be to compile average sale prices & multiples across different company sizes, across time, and other relevant factors.
This would benefit everyone: buyers and sellers could both enter a negotiation with more info. This should help streamline transactions and reduce wasted time.
Here was the response to that poll:
As you can see, the response was overwhelmingly positive.
Therefore, I’ve decided to start collecting PM company transaction data. Once I have enough of it to be worthwhile, I will make the results available to the industry. Anyone who submits a valid entry will be entitled to receive all related analysis for free.