January 15, 2024, 09:00 ET
Los Gatos, CA – January 15, 2024 PURE Property Management announced today that Kevin Thompson, the company's head of finance, has been named a 2023 HousingWire Finance Leader, recognizing his exceptional financial leadership in the property management industry. Thompson brings more than 25 years of experience in M&A, private equity and venture capital fundraising, GAAP accounting, and contracts.
Thompson has spearheaded PURE's unprecedented acquisition strategy, overseeing 37 property management company acquisitions in less than a year – a pace of three acquisitions monthly. Under his financial stewardship, PURE maintains profitability while pursuing an aggressive growth strategy focused on technology and operational excellence.
"Kevin's financial expertise has been instrumental in our rapid expansion while maintaining profitability," said Michael Catalano, co-founder and general partner at PURE Property Management. "His ability to balance strategic acquisitions with sound financial management has positioned PURE as an industry leader in just three years."
Since PURE's founding in October 2020, Thompson has played a pivotal role in completing over 75 acquisitions, representing more than 25,000 residential and 20,000 HOA properties. As the key driver of profitability for both individual branch offices and the company as a whole.
Looking ahead to 2025, Thompson emphasizes that housing supply remains the central challenge facing the real estate industry. "There's increasing consensus within the entire housing ecosystem, including government and media, that supply solves many of the problems that investors and consumers face while delivering a robust and healthy housing economy,"
Thompson noted.Thompson approaches financial planning by balancing profit growth with strategic investments. "It's finding a balance between growing profit and margins while investing in the company's people and programs that grow topline revenue, enhance customer experience and brand awareness, and create a unique or lasting competitive advantage," he explained.
About PURE Property Management
PURE Property Management is the fastest-growing profitable residential property management and technology company in the U.S. Led by a team of experienced industry professionals and seasoned technology innovators, PURE acquires single-family residential property management companies and invests in their people and processes. By deploying technology and providing operational efficiencies, PURE enhances resident and investor experiences.
Media Contact: media@purepm.co
PURE Property Management holds real estate brokerage licenses in multiple states.
15495 Los Gatos Blvd #9, Los Gatos, CA 95032 · CA DRE #02124826 · View our State Licenses
Corporate Office 877-368-7873 · Accounting Partners 669-200-3348
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