POPLAR HOMES EXPANDS INTO NORTH CAROLINA AND OHIO
Poplar Homes, which combines proprietary technology with local property management teams to help independent single-family rental investors and owners of small multifamily properties take the stress out of being a landlord while maximizing the return on investment, recently announced its expansion into North Carolina and Ohio with the acquisitions of RentSafe and Solutions for Real Estate.
RentSafe, which is led by Kyle Fetterolf, is based in Raleigh, N.C., and has 140 doors under management. Columbus, Ohio-based Solutions for Real Estate is led by Mitch Deminski. It adds 670 homes to Poplar’s growing portfolio of properties under management. Both companies are now operating under the Poplar Homes brand.
The acquisitions are the latest in a series that have fueled Poplar Homes recent growth. In 2022, Poplar completed eight acquisitions, adding a total of more than 6,600, doors under management and expanding into six new states. Its largest acquisition, 33 Management, a Chicago-based property manager with 4,000 doors under management, marked the company’s entry into the multifamily sector.
Currently, Poplar’s management portfolio includes 15,000 rental homes under management in 17 states, making it one of the nation’s largest property managers to offer owner and renter-facing products for individual single family home investors.
