Wednesday, October 15, 2014

Miller sells multifamily company to Oklahoma-based WholeLife

Dallas’ Henry S. Miller Realty Management said Thursday that it has sold its management contracts and assets to Oklahoma-based WholeLife Cos.
The deal includes more than 20 properties and 5,000-plus units.
“The partnership with the multifamily management group and the acquisition of affiliated assets from Henry S. Miller Realty Management provides our senior housing development investors and tenants a complete package of asset development and management services,” John Lowery CEO of WholeLife, said in a statement.
Henry S. Miller Realty Management exec Ron Taylor has been named president and CEO of WholeLife Management Co. and will continue to oversee the operation.
Miller Realty Management was formed in 2012 by the merger of the Miller company and Taylor’s TriVest Residential, a multifamily asset and property management company.
Terms of the sale to WholeLife were not disclosed.
WholeLife has announced plans for three new residential communities in Frisco, McKinney and San Antonio.
The developer says its projects are “designed for those who wish to integrate the concepts and practices of a healthy and enriching lifestyle into their daily lives.”