Intempus Acquires Civitas and Silicon Bay Property Management
Intempus grows its portfolio to 3000 units!
SAN JOSE, Calif., Sept. 23, 2020 /PRNewswire-PRWeb/ -- Intempus Realty, a property management and real estate investment company located in Silicon Valley, has had a very busy year of acquisitions. In the first part of 2020 amidst the Coronavirus Pandemic Intempus has managed to acquire not one but two property management companies to roll under its wings. Intempus acquired Civitas Property Management, a management company that provided management services to the entire bay area, ranging from East Bay to South Bay. Also, Intempus acquired Silicon Bay Property Management, a boutique management company serving the East Bay. Intempus Realty opened their business in 2012, and these acquisitions add on to the almost dozen other acquisitions Intempus has executed since its inception.
Eugene Korsunsky, President of Intempus Realty, stated "These acquisitions help Intempus solidify its market share across the entire bay area, adding much to our East Bay portfolio. These acquisitions are extremely helpful in diversifying our resources and locales served. Our position as a market leader in the Bay Area has been strengthened and will set us up for many years of future growth. We were very fortunate to work with such professional organizations in the transition, it made it very transparent for our mutual customers."
Intempus really got started in 2012 and has now grown to have almost 3000 units under management at the time of this publication. Korsunsky states: "we have no limits in sight, we will keep providing exemplary service to our clients and that will lead to continued growth." Michael Khesin, Intempus CEO added: "The prospects for our future growth have been more promising than ever before! COVID-19 crisis had driven higher demand for our service as people decided to rent or sell their homes due to uncertainties. This allowed us to further expand our clientele and improve reputation during these difficult times and reinforce confidence that the company is here to stay and provide same high-quality level of service despite unpresented times!"
Intempus Realty plans on continuing to grow their business through referrals, as well as through additional acquisition opportunities. They are using this acquisition to signal the long-term commitment to their clients, as well as illustrate their capabilities of handling such growth.
ABOUT COMPANY:
Intempus Realty is a Property Management and Investment company founded in 2012, located in San Jose, CA. Their business units include: Property Management; Maintenance; Buyer/Seller Representation; Investment Advisory. They are experts at maximizing rental income, and evaluating upside investment opportunities. Intempus owns and operates 600 of their own multi-family units. Their property management division has been growing steadily along with their transaction side of the business as it regularly completes $100 Million in transactions per annum.
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(408) 320-5509
SOURCE Intempus
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