MultiVersity Property Management Poised for Major Growth in the Pittsburgh Region
Actively Accepting Third Party Management Assignments and Acquisition Opportunities
MultiVersity Property Management is a property management firm based in downtown Pittsburgh. Our professionals are experts in the Pittsburgh submarket and hold a combined 60+ years of experience specializing in multifamily and student housing assets.
MVPM is a subsidiary of Multiversity Housing Partners, a multifamily and commercial real estate investment firm that is on track to become a major player in the Steel City. As experienced owners, we recognize that the success of each multi family and commercial investment is driven by the strength of its property management.
MVPM distinguishes itself from the competition by creating an individualized business plan and marketing approach unique to each of the assets it manages. This boutique-style approach has enabled the portfolio to achieve average rent growths of 4.5% year-over-year. Additionally, MVPM’s competitive leasing strategy has maintained an average occupancy rate of 96% portfolio-wide throughout the pandemic. When you contract with MVPM to be your property manager, you will receive full-service property management. We provide consulting, due diligence, hiring and staff training, budgeting, contract oversight, accounting and reporting, and on-site personnel. Our business strategies are driven by financial analysis and market research.
We conduct an in-depth market study on each of our assets to identify strengths, opportunities for growth, potential threats, and short and long-term goals. This data-driven method has allowed each of our assets to achieve 5% growth in net operating income year-over-year.
MVPM also provides construction or renovation project management. We have overseen major capital improvements worth millions of dollars throughout the course of our business. Using our renovation background, we will bring your vision to reality through thoughtful planning and supervision. MVPM offers a reliable solution to keep all of your renovation projects on time and within budget to maximize return on investment.
Since its inception, the firm has managed $1.3 billion in assets across the east coast. In placing a strong focus on the greater Pittsburgh region, MVPM oversees the operations at two major multifamily properties in Western PA. The first is a 632 bed/200 unit building located in Slippery Rock University. The next is a historic mid-rise building located on Fifth Avenue in prime Uptown.
While MVPM has the operational capacity to manage largescale investments, we believe that no property is too big or too small to manage. If you feel that your current investment is neglected by your third-party and are in the market for a professional management firm with proven success, please visit
MVHP-LLC.com to get in contact with us today.