Poplar Homes, a Cupertino, California-based tech-enabled property management company serving single-family rental investors and multifamily owners, has acquired the single-family for rent property management portfolios of BBW Homes LLC in St. Louis and Best Management Team LLC in Las Vegas.
According to the company, the acquisitions will expand its presence in both markets, adding 735 homes in St. Louis and 175 homes in Las Vegas to the company’s property management portfolio. Over the past two years, Poplar has completed 18 acquisitions, growing its management portfolio to 15,000 doors across 25 markets in 17 states.
“We are excited to welcome BBW Homes and Best Management to Poplar Homes,” said Poplar Co-Founder and CEO Greg Toschi. “Both St. Louis and Las Vegas are strong single-family rental markets where owners and residents will benefit from the combination of Poplar’s local property management teams and proprietary technology. Our platform empowers independent single-family home investors to easily manage their rental properties and enables residents to find great homes anywhere, anytime from the palm of their hand.”