Roscoe Property Management (RPM)

Roscoe Property Management (RPM), the third-largest property management firm in Texas, has kicked off a planned growth spree in the Southwest by announcing a merger with Phoenix-based Maverick Residential. Through the transaction, RPM will add 1,750 apartment units to its portfolio while opening a new regional office in Phoenix. The merger will boost RPM’s total portfolio to more than 200 communities with 49,000 units in Texas, Arizona, Florida and Colorado, and the company’s nationwide team will grow to 1,100 professionals. The deal comes after RPM ventured into the Arizona market last December by taking over the management of a luxury apartment community in Scottsdale.