About Us
Experience
The M. Kaplan Companies, LLC and its operating companies: Kaplan Management (multi-family property management) and Kaplan Acquisitions (multi-family property acquisitions and development) are owners, operators and developers of multi-family properties. We are a 30-year-old business, and have current holdings in Rogers (AR), Mesa (AZ), Santa Fe (NM), Austin, Dallas, Fort Worth, Houston and Sugar Land, (TX). Historically, we have owned, operated, renovated and developed projects in Arizona, Arkansas, Florida, Mississippi, Nevada, New Mexico, Texas. We have developed or renovated 14,000 units.
Acquisitions are opportunistic in nature and focused on a viable exit strategy. Our holding time is 3 to 5 years. We look for value added opportunities that include the creation of new income streams, through washer/dryer rentals, carport rentals, change-over to tenant-paid water, sewer, and trash services, telephone and high-speed internet services and rental rate growth. Properties needing renovation and/or repositioning in its local market are specifically targeted. Under managed, multi-family properties are also sought.
Kaplan Management Co., Inc. was formed in 1978 to offer fee management services for owners of multi-family properties, shopping centers and office buildings. In 1984, the KMC management portfolio began to grow dramatically. By 1986, the company was fee managing 8,500 multi-family units and 2,500,000 square feet of office and commercial space. Clients included John Hancock Properties, Inc., numerous savings and loans, commercial banks, and several large and small independent owners. Both management and construction services were offered to clients and commercial leasing was out-sourced to local brokers.
To take advantage of the real estate owned opportunities, KMC decided to specialize in fee management of multi-family properties and became more aggressive in development of multi-family projects as well as acquisitions of existing multi-family projects. In the mid to late 1990s, Kaplan became a principal investor in multi-family residential properties. In the late 1990s and early 2000s, Kaplan focused on existing property acquisitions, both value add and core properties. Joint venture equity partners included GE, Torreon (Fortress) and South Charles (Bank of America's JV equity arm). Starting in late 2004 when economics favored development versus acquisitions, Kaplan resumed ground up development in the Sun Belt states with high net worth partners and institutions such as Westplan and Cypress Advisors.
Performance
As both our new fee management assignments, development of new multi-family properties and acquisition of existing multi-family properties increases so will KMC. Having been among the 25th largest management companies in Houston, Texas, our excellent reputation with both clients and employees affords us the ability to attract the best experienced and knowledgeable people in our industry.
Kaplan's integrity and dedication to a defined process has resulted in our solid reputation in the industry. Our reputation for successful closings provides us with special attention from brokers. We often see projects early: before they hit the open market. We believe this gives us an advantage over our competition. Every closing is announced to our brokers via e-mail as well as other updated data. Market research is prepared in-house by our staff.
Kaplan has a proven track record with good historical internal rates of returns for its investors. We have a proactive, hands-on approach grounded from and viewed through a property management origin that enables it to develop and/or acquire properties with the end user in mind. Kaplan's commitment to a process driven approach, attention to detail and employment of only the best professionals keeps partners informed and involved in the investments. Partners know that Kaplan professionals will work tirelessly as stewards of their investments and joint ventures.
Kaplan Brochure
6363 Woodway Dr. Suite 300, Houston, TX 77057 | PH 713-977-5699 | FAX: 713-977-5657 
