Business

Property management company acquires Pabcor Management

Posted October 13, 2020 11:00 pm

WOODSTOCK - Chicago-based Westward360 has acquired the community association management portfolio of Pabcor Management, a property management company in Chicago's Northwest suburbs.

Geographically, Pabcor Management's properties fall between Westward360 offices in Chicago and Woodstock, mostly concentrated in and around Prospect Heights. The deal adds several thousand residential units to Westward360's rapidly expanding portfolio. Westward360 provides management services for community associations and rental property owners.

Transaction details were not disclosed. Part of Pabcor Management's team will join Westward360, providing a seamless transition to its clients as well as continuity in service and management style, the company said.

"Pabcor Management's client base consists of a great mix of properties that perfectly fit our model. The location provides many new opportunities and cements our footprint in that geography," said Brent Straitiff, CEO of Westward360.

Article Comments

Article Categories
Business Real Estate Residential Real Estate

Article Comments

Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.