HOUSTON—Catalyst Property Solutions andHot Ocean, two area property management firms,have merged to form Catalyst PropertySolutions.
Headquartered in Houston, Catalyst provides nationwide propertymanagement and receivership solutions. Post-merger, the company has6,000 single- and multifamily units under management andapproximately 250 employees across the country.
The majority woman-owned company was founded by PaulaForshee, who will continue to serve as CEO. Forshee hasmore than 25 years of property management and entrepreneurialexperience. Alan Schnur and DaveAnderson, who founded Hot Ocean in 2009, haveowner-management experience. Schnur and Anderson will serve asprincipals in the newly merged organization.
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