SAN FRANCISCO—Pacific Union Property Management, a joint venture of Pacific Union International, has acquired Management 4 H.O.A.s LLC. Based in Marin and Sonoma counties, Management 4 H.O.A.s increases PUPM’s portfolio in the Bay Area by nearly 800%, adding 3,450 new management units.
“This aggressive move and hypergrowth is in Pacific Union’s DNA,” says Michael Harrington, president of PUPM.
The move echoes a similar leap forward exactly five years ago when the principals of North Bay boutique real estate firm Morgan Lane Marin acquired Pacific Union.
“This is a second David and Goliath scenario,” offers Pacific Union CEO Mark McLaughlin. “Through Pacific Union Property Management President Michael Harrington’s leadership we are prepared for this giant step in growth and are actively exploring additional acquisition opportunities in the San Francisco Bay Area.”
The Pacific Union brand is recognized throughout the Bay Area and is a significant contributor to PUPM’s ability to accelerate growth. PUPM was established in 2012.
Management 4 H.O.A.’s founder Lisa Crikos will head the company’s former offices in Marin and Sonoma counties as PUPM’s vice president of community management. Crikos will oversee offices in Santa Rosa, Cotati, and Novato.
PUPM provides comprehensive property management services throughout the Bay Area, including Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, and Sonoma counties. From single-family homes to apartment buildings and HOAs, PUPM creates individualized estate-management plans to strengthen value and drive demand for competitive rental pricing. Pacific Union is the San Francisco Bay Area’s premier luxury real estate brand operating in nine regions, including Contra Costa County, the East Bay, Marin County, Napa County, San Francisco, Silicon Valley, Sonoma County, Sonoma Valley, and the Tahoe/Truckee region.