Daphne, Alabama

68 Ventures Sells Podium Property Management

Overview

68 Ventures formed Podium Property Management to provide a turn-key property management solution along the Gulf Coast. Ashurst and Niemeyer, which is expanding its property management platform under the Level Property Management name and has been a long-time partner to 68 Ventures, was a natural fit to acquire and expand Podium.

Founder and CEO of 68 Ventures, Nathan Cox, said: “Ashurst and Niemeyer has a wonderful reputation in the property management sphere. We couldn’t think of a better company to continue the tradition and maintain the high values that Podium Property Management is known for.”

Level Property Management handles both residential and commercial property management. The company is highly recognized for high-level quality occupancy and outstanding customer service. The acquisition of Podium Property Management helps Level achieve the scale to serve a growing and increasingly competitive Gulf Coast rental market.

Level Property Management

Commenting on the acquisition of Podium Property Management, Co-Founder of Ashurst and Niemeyer, Morgan Ashurst, said: “Level Property Management Group is excited to announce the acquisition and merger of Podium Property Management. Podium shares the same values and culture as we do. We conducted an extensive search within our region looking for an opportunity like this to find a company that has a similar structure, but most importantly, the same values as we do. Podium exceeded our hopes for a firm that we can combine with and continue the tradition we have for trust, excellent service, deep expertise, and an environment our clients and investors want to be a part of.”