More locations: Atlanta, GA, USA
Travel is estimated at 5% of work time annually for conferences, training sessions, or other business activities.
Asset Living manages rental communities nationwide, specializing in multi-family housing, student housing, and affordable housing. It handles leasing, maintenance, marketing, and financial management, providing a full suite of property operations for owners and developers. Revenue comes from percentage-based management fees tied to rental income, supported by a portfolio of over 100,000 units and 133,500 beds. Its strengths include a long track record since 1986, leadership across three market segments, and industry recognitions, with the goal of maximizing owners' returns by maintaining high occupancy and reliable financial performance.
Company Size
5,001-10,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
N/A
Headquarters
Houston, Texas
Founded
1986
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Asset Living hires Megan Donchenko as Regional Vice President, Operations. Asset Living Sep 4, 2026 ATLANTA (SEPTEMBER 4, 2026) - Asset Living is pleased to announce Megan Donchenko as Regional Vice President within Asset Living's multifamily department. With nearly a decade of experience in the property management industry, Donchenko is focused on building strong relationships with her teams and clients while creating an environment that sets everyone up for success. "My primary goal for 2026 is to continue strengthening relationships with our teams, clients, and properties while cultivating a culture of support, accountability, and operational excellence across the portfolio," says Donchenko. "Throughout my career, I've been fortunate to have leaders who invested in my growth, and one of the most rewarding aspects of this industry has been the opportunity to support and develop others in return." Before joining Asset Living, Donchenko served as General Manager of Residential Property Operations at CIM Group. She began her career with Preferred Apartment Communities, where she worked her way through every on-site role, from Leasing Consultant and Assistant Property Manager to Property Manager. She later transitioned into a corporate role and was promoted to Area Vice President. From there, Donchenko expanded her expertise into revenue management at CIM Group, gaining valuable experience in market strategy and portfolio performance. While she appreciated the strategic side of revenue management, she realized she missed the people-focused aspect of the business and the opportunity to help develop strong teams, which was a passion that ultimately led her to her current role as Regional Vice President, Operations. "I'm looking forward to fully stepping into my new role, building meaningful relationships with our teams and clients, and continuing to grow as a leader within Asset Living," says Donchenko. "Everyone has been incredibly welcoming and collaborative, and I'm excited to see what we accomplish together this year." Outside of work, Donchenko enjoys birdwatching, crocheting, hiking, reading, gardening, and spending time outdoors, as well as anything related to nature, crafts, and animals. To learn more about Asset Living's property management solutions and career opportunities, visit assetliving.com. About Asset Living Founded in 1986, Asset Living is the largest third-party property management firm serving market rate, student, and affordable housing communities across the United States. The company provides property management solutions, asset management, receivership, and investment services for owners and institutional partners. Known for operational excellence and people-first leadership, Asset Living is a member of the Institute of Real Estate Management and holds the Accredited Management Organization (AMO) designation. To learn more, visit www.assetliving.com.
Asset Living named Houston's No. 2 residential property management firm for fifth consecutive year. Asset Living Aug 18, 2026 HOUSTON (August 18, 2026) - Asset Living, one of the nation's leading third-party property management firms, has been recognized by the Houston Business Journal as the No. 2 largest residential property management firm in the Houston area for 2026. This marks the fifth consecutive year Asset Living has maintained the No. 2 position, which it first achieved in 2022 after rising from No. 3 in 2021. The Houston Business Journal's annual ranking evaluates residential property management firms based on the total number of apartment units managed in the Houston metropolitan area. The List is compiled using information gathered directly from companies and organizations, along with public records and other publicly available data. The Houston Business Journal recognition adds to a growing list of distinctions for Asset Living in 2026, including recognition as one of Houston's 2026 Best and Brightest Companies to Work For(R). The Best and Brightest recognition marks the eighth consecutive year Asset Living has earned the Houston distinction, highlighting the company's continued investment in its people, culture and employee experience. Together, the recognitions reflect Asset Living's continued leadership in both the Houston real estate market and workplace culture. Asset Living has also earned top rankings across multiple segments of the residential real estate industry in 2026. The company was ranked No. 1 on NAHMA's Affordable 100 List, No. 2 on NMHC's Top 50 Managers List, and No. 1 by Student Housing Business as the nation's largest third-party student housing property manager for the 15th consecutive year. To learn more about Asset Living and its property management services, visit AssetLiving.com or contact an expert on the team. About Asset Living Founded in 1986, Asset Living is a leading national real estate management firm headquartered in Houston, Texas. With more than 450,000 units under management across more than 40 states, Asset Living provides property management, asset management, investment, receivership and related services across multifamily, student housing, affordable housing, active adult, build-to-rent and other residential sectors. The company is committed to being the most trusted partner in real estate while creating thriving communities and delivering exceptional experiences for residents, clients and employees. To learn more, visit AssetLiving.com.
Asset Living ranked No. 2 on MHN's Top Multifamily Property Management Companies of 2026. Aug 10, 2026 HOUSTON (AUGUST 10, 2026) - Asset Living, one of the nation's leading third-party property management firms, was ranked No. 2 on Multi-Housing News' (MHN) Top Multifamily Property Management Companies of 2026 for the second year in a row. This marks the fourth consecutive year Asset Living has earned a spot on the list, following its debut in 2023 at No. 2 among the largest multifamily property management firms in the U.S. With more than 450,000 units nationwide and four decades of expertise, Asset Living has earned significant recognition throughout the year, including the No. 2 spot on the National Multifamily Housing Council's (NMHC) 2026 Top 50 list, its first-ever No. 1 ranking on the National Affordable Housing Management Association's (NAHMA) Affordable 100 List, and a 15-year track record as the nation's largest third-party student housing management company, as recognized by Student Housing Business. According to MHN, the Top Multifamily Property Management Companies of 2026 ranking utilized self-reported data for all firms. Positions were calculated using a weighted formula based on a variety of factors, including the total units under management, growth over the years, portfolio occupancy, and presence across property sectors, among others. The ranking represents what Asset Living, LLC feel is a logical balance between firm growth, market share, and property diversification. Ranking factors are not limited to the data that appear on this page. To learn more about MHN's Top Multifamily Property Management Companies of 2026, visit their website at multihousingnews.com/top-multifamily-property-management-companies/. About Asset Living Asset Living Founded in 1986, Asset Living (Asset) is a Houston-based real estate management firm. With a growing portfolio that includes a multitude of properties across the nation, Asset provides services to a variety of clients that include property management, asset management, receivership, and investment services. Asset is a member of The Institute of Real Estate Management and is recognized as an Accredited Management Organization. To learn more, please visit www.assetliving.com. About Multi-Housing News Multi-Housing News (MHN) is the leading integrated resource for executives and companies that own, invest in, develop, manage and/or market multifamily real estate. MHN reports on critical news, trends and issues in real estate markets across the U.S. as well as those that affect the industry nationally. MHN also offers marketing tips, case studies, executive interviews, data, guest columns from industry experts, as well as access to reports and data analysis from Yardi Matrix. MHN delivers timely, in-depth and authoritative analysis of industry news, as well as access to thought leaders' best practice strategies and proven business solutions. To learn more, please visit www.multihousingnews.com. Multifamily Related insights.
Asset Living ranked third largest apartment management company by the Triad Business Journal. Asset Living Jun 18, 2026 GREENSBORO, NC (June 18, 2026) - Asset Living, one of the nation's largest third-party property management firms, has been named the third-largest apartment management company in the Piedmont Triad, a metropolitan region in the north-central part of North Carolina. This marks the second consecutive year that Asset Living has claimed the No. 3 spot after achieving the same ranking in 2025. The annual ranking from the Triad Business Journal recognizes the 28 largest apartment management companies in the Triad region, collectively overseeing more than 49,000 apartment units. Asset Living currently manages a growing portfolio of 3,148 units throughout the Triad, serving clients across the conventional, affordable, and student housing sectors. The company's approach blends local expertise with national-scale resources, enabling tailored property management solutions that drive performance and enhance the resident and client experience. This recognition from the Triad Business Journal adds to Asset Living's growing list of 2026 accolades, including being ranked the second-largest property management firm in the nation by the National Multifamily Housing Council's Top 50 Managers List and being named the largest third-party student housing property manager in the United States by Student Housing Business for the 15th consecutive year. To learn more about Asset Living's services or to explore career opportunities, visit www.assetliving.com. About Asset Living Founded in 1986, Asset Living (Asset) is a Houston-based real estate management firm. With a growing portfolio that includes a multitude of properties across the nation, Asset provides services to a variety of clients that include property management, asset management, receivership, and investment services. Asset is a member of The Institute of Real Estate Management and is recognized as an Accredited Management Organization. To learn more, please visit www.assetliving.com.
Private equity firm New Mountain Capital has agreed to acquire residential property management group Asset Living in a transaction valued at over $2 billion, according to Reuters. Asset Living is currently owned by Roark Capital, which had been working with William Blair to explore a sale. Under the agreement, New Mountain Capital will acquire Asset Living alongside chief executive Ryan McGrath, who is expected to remain with the company. The deal includes both Asset Living's owned real estate assets and its proprietary technology platform. Founded in 1986 and headquartered in Houston, Asset Living provides property management services across multifamily, student housing and affordable housing sectors, operating in more than 40 US states. New Mountain Capital manages approximately $60 billion in assets.