Royal American assumes management of 52 apartment communities for Hall Housing Investments totaling 3,425 units spanning three states.

Royal American Management recently assumed management of its largest single portfolio to-date consisting of 52 properties spanning three states to include Alabama, Georgia, and Tennessee. Hall Housing Investments owns the portfolio and is a multifamily developer headquartered in Dothan, AL. The family and senior affordable communities were brought on board over a three-month period beginning November 1, 2021.

As part of the Hall Portfolio take-over, Royal American Management hired nearly 100 new employees to join its growing organization, while creating 1 Regional Vice President position, three Regional Manager positions, two Assistant Regional Manager positions, along with numerous corporate positions. This portfolio takeover adds almost 3,500 units to Royal American Management’s family of properties.

“We are thrilled to be adding these communities to our portfolio and look forward to a successful partnership with Hall Housing Investments, and most of all, providing superior housing services to our new residents. The Hall Housing Portfolio takeover set a precedent that Royal American could successfully carry-out a large 50+ property multi-state takeover. We sincerely appreciate Hall Housing Investments entrusting us with the management of their entire portfolio of multifamily assets. We look forward to a long and prosperous partnership with them,” said RAM President Kerri Toth.

As of the end of Q1 2022, Royal American’s portfolio reached 310 properties totaling 24,760 units- a milestone they are very proud to have achieved. Looking to continue its growth, Royal American is looking for opportunities in its target markets including Texas, Florida, Georgia, Alabama, North Carolina, and South Carolina, US Virgin Islands, and Colorado.