Residential Property Services to become Thalhimer Multifamily
Residential Property Services to become Thalhimer Multifamily
Katherine Schulte// February 24, 2023//
Cushman & Wakefield | Thalhimer is rebranding its residential property management division from Residential Property Services to Thalhimer Multifamily (TMF), the real estate firm announced Thursday.
TMF is Thalhimer’s largest operating group, employing more than 200 people and managing more than 9,100 multifamily units across Virginia and North Carolina.
“Our firm’s strategic plan emphasizes growth in our residential property management division,” Thalhimer President and CEO Lee Warfield said in a statement. “Over the next year, we anticipate adding 1,000-plus new multifamily units to our management portfolio, and rebranding the division to Thalhimer Multifamily is a more accurate representation of what we do and where we are going as a firm.”
TMF will be managing Eddy on the James, a 221-unit project located at 700 Semmes Ave in Richmond. Charleston, South Carolina-based The Beach Co. developed the project.
Founded in 1913, Thalhimer has nearly 425 employees, including almost 100 brokers. It has offices in Charlottesville, Fredericksburg, Lynchburg, Newport News, Richmond, Roanoke and Virginia Beach. Thalhimer manages about 30 million square feet of commercial property.