Pegasus Residential
Pegasus Residential manages over 35,000 units, specializing in luxury level management across various markets in the Southeastern and Southern United States. The company operates in 43 metro markets across 10 states and offers third-party management services in Colorado, Utah, and Arizona.
Company Overview
Pegasus Residential manages over 35,000 units for a diverse clientele, including institutional clients, partnerships, and individual owners. The company's portfolio focuses on luxury level management in multiple markets, showcasing its expertise in handling premium properties.
Geographical Presence
Pegasus Residential operates in 43 metro markets across 10 states, mainly in the Southeastern and Southern United States. States include Georgia, Florida, Alabama, Texas, Louisiana, Tennessee, North Carolina, South Carolina, and Virginia. They are also expanding into Colorado, Utah, and Arizona, bringing their third-party management services to these core markets.
Property Management Services
Specializing in luxury level management, Pegasus Residential handles a variety of communities including garden, mid-rise, and high-rise properties. They offer comprehensive property management services tailored to the needs of each type of community, ensuring client satisfaction and optimal property performance.
Renovations and Repositioning Projects
Pegasus Residential has an internal renovations department that manages client investments ranging from 10-12 million dollars for repositioning projects. This internal capability allows the company to effectively handle significant renovation projects to improve property values and appeal.
Industry Recognition
In 2022, Pegasus Residential was named one of the National Multifamily Housing Council’s (NMHC) Top 50 Managers. This recognition highlights the company's excellence in the property management industry and its significant impact on multifamily housing.