KCG Companies retains WinnResidential to manage 4,147 units in multifamily portfolio

Manhattan, NY WinnResidential has been retained by KCG Companies of Indianapolis, IN, to operate 28 of KCG’s communities spanning eight states. Within the partnership, Winn assumes management of 4,147 units from KCG Companies’ nationwide multifamily portfolio.

WinnResidential began assuming operational and property management of KCG assets on July 1, following a two-month onboarding of 83 team members from KCG’s on-site teams in a concerted effort to maintain consistency and continued employment for dedicated property management team members. Future developments will be added over the next 12 months.

“We are already seeing positive results from the WinnResidential team in terms of efficiently managing daily operations and leasing income-restricted apartments,” said KCG president and CEO R.J. Pasquesi. “Knowing that our property management is in the hands of proven experts is already empowering our company to focus on what it does best – pursuing opportunities to create more affordable housing.”

Established in 2015, KCG is a mixed-use and multifamily housing developer founded on the principle that positive social impact and profitable development are not mutually exclusive. A long-term owner and investor in the communities it acquires and builds, the company consistently ranks among the nation’s leading affordable housing developers.

“We are pleased to have the opportunity to bring immediate value to KCG’s impressive development portfolio,” said WinnResidential president Patrick Appleby. “We understand what it takes to manage sustainable communities that deliver long-term value for ownership and a high quality of life for residents.”