Renters Warehouse
Noel Christopher
SVP of National Business Development/Managing Broker – Chicago
Andrew Nast
Market Leader – Chicago
Adam Clabaugh
Market Leader – Chicago
More than 13,000 investors in 25 states use Renters Warehouse to successfully and confidently manage over 19,000 single-family homes. Recently, the company moved into Chicago and has been shaking up the local property management industry ever since.
One of the companies Renters Warehouse acquired in 2016 was Lofty Real Estate, a boutique Chicago-based property management company. It was Renters Warehouse’s first foray into Chicago, as they took over management of Lofty Real Estate’s 275 properties. Since then, the company has expanded its portfolio by over 250 percent in just under eight months. “That’s a breakneck speed that could never have been accomplished successfully without all of the back-end, centralized support systems that are unique to Renters Warehouse,” says Andrew Nast, founder of Lofty Real Estate and now a Chicago Market Vice President at Renters Warehouse.
Renters Warehouse works with single-family rental clients, all with different goals for their investments. “From unintentional landlords who were just looking for an option other than selling in 2007, to the institutional property investors of today basing their buying criteria strictly on cash-flow and cap rates, we essentially work with anyone who owns or wants to own a rental property and would like to have it managed by the best partners in the game,” says Adam Clabaugh, also a Lofty Real Estate founder and co-Chicago Market Vice President at Renters Warehouse.
For Noel Christopher, Nast, and Clabaugh, their extensive experience, knowledge, and great customer service skills have allowed the company to flourish. Christopher, a Chicago real estate industry veteran, has worked in the national single-family rental space in many verticals. He has used his expertise to lead acquisitions and large portfolio takeovers, including seven property management company buyouts this year. ”I will go the extra mile to not only understand how to do my job but to understand my customer’s point of view. I am known to immerse myself in my work and never give up.” The Renters Warehouse team’s work in Chicago is just getting started.