flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Two multifamily management firms merge together

MFPRO+ News

Two multifamily management firms merge together

MEB Management Services and Weller Management have come together to form a new company: Bryten Real Estate Partners.


By Bryten Real Estate Partners | April 15, 2024
Lap Pool at Solstice Living Apartments in Tucson, Ariz
Lap Pool at Solstice Living Apartments in Tucson, Ariz. Photo courtesy Bryten

After a year of internal planning, reorganizing, and integrating, MEB Management Services, a Phoenix-based multifamily management company servicing the Southwest, and Weller Management, a third-party property management and consulting company based in St Petersburg, Fla. serving the Southeast, officially merged to become Bryten Real Estate Partners creating a nationally recognized management company.

Prior to the merger, MEB Management Services employed 700 staff members and managed over 27,000 units throughout Southwest. Of that total, more than 4,200 units are new developments that will open by mid-2024. There are an additional 5,000 plus new development units under contract for mid-2024 and into 2025. Weller employed 450 staff members and managed close to 20,000 units.

Together, Bryten now employs 1,150 individuals and manages nearly 47,000 units across the U.S. including Arizona, New Mexico, Tennessee, Florida, Colorado, Kentucky, Georgia, North Carolina, South Carolina, New York, and Texas. The combined geographical presence allows Bryten to offer a transformative approach to multifamily living, enriching the lives of its residents, clients, and employees alike.

Multifamily Firms Merge to Grow National Presence

The leaders of Bryten spent over a year working on combining the best practices of each company to enrich the lives of its residents, clients and employees. Now with a strong leadership team, an established firm, increased efficiencies, and a people-first mindset, Bryten is ready to officially make its national debut. 

“After more than a year since the merger took place, we are excited to introduce Bryten to the public,” said Libby Ekre, Founding Principal, MEB and now Bryten. “Both MEB and Weller have built their reputations in multifamily management as respectable, reliable organizations that focus on people first. Our valued residents, clients and team members should expect the same, heightened level of compassion, commitment, and quality of service with Bryten.”

The newly branded company, Bryten, vows to increase employment opportunities in the multifamily living space across the nation, increase their presence in 13 different states, and combine and grow the community assets of the two organizations.

Bryten headquarters are located in Phoenix, with three additional offices in Tucson, Ariz., Denver, Colo., and St. Petersburg, Fla. The Bryten leadership is comprised of founding members Scott Cook, Libby Ekre, Joe Emerson, and their president of operations, John Vranich.

Scott Cook headshot
Scott Cook, Principal, Bryten
Libby Ekre headshot
Libby Ekre, Principal, CPM, Bryten
Joe Emerson headshot
Joe Emerson, Principal, Bryten

Bryten’s portfolio includes mid-rise, garden style, build-to-rent, luxury communities, new developments, student living, eco-sustainable living, and attainable housing. In addition to property management, Bryten also offers due diligence, advisory capacity construction management, asset repositioning, and cutting-edge technology.

“Going forward, we will continue to provide operational excellence to our clients and provide positive living experiences to our residents,” said Joe Emerson, former Founding Principal, Weller and now Bryten. “Bryten plans to grow our assets under management by supporting our client’s growth objectives, diversifying our portfolio both geographically and in product type while building a team of industry experts with an unmatched level of service.”

Bryten will continue to prioritize clients, residents, and employees first. The true merger will benefit residents from all over the nation, exceed industry standards, and meet all their clients’ expectations.

About Bryten 
Welcome to Bryten—the result of a dynamic merger between MEB Management Services and Weller Management. Founded in 2023, Bryten has quickly become a leader in multifamily management, combining the expertise and experience of two established companies. Currently employing 1,150 extremely talented professionals, Bryten manages a portfolio of nearly 47,000 multifamily living units across the U.S., including Arizona, New Mexico, Tennessee, Florida, Colorado, Kentucky, Georgia, North Carolina, South Carolina, New York, and Texas. In addition, Bryten offers due diligence, advisory capacity, construction management, asset repositioning, and cutting-edge technology solutions. Headquartered in Phoenix, Bryten also has additional offices in Denver and St. Petersburg, Fla. The combined geographical presence allows Bryten to offer a transformative approach to multifamily living.

Related Stories

MFPRO+ News | Sep 23, 2024

Minnesota bans cannabis smoking and vaping in multifamily housing units

Minnesota recently enacted a first-in-the-nation statewide ban on smoking and vaping cannabis in multifamily properties including in individual living units. The law has an exemption for those using marijuana for medical purposes. 

Adaptive Reuse | Sep 12, 2024

White paper on office-to-residential conversions released by IAPMO

IAPMO has published a new white paper titled “Adaptive Reuse: Converting Offices to Multi-Residential Family,” a comprehensive analysis of addressing housing shortages through the conversion of office spaces into residential units.

MFPRO+ Research | Sep 11, 2024

Multifamily rents fall for first time in 6 months

Ending its six-month streak of growth, the average advertised multifamily rent fell by $1 in August 2024 to $1,741.

Legislation | Sep 9, 2024

Efforts to encourage more housing projects on California coast stall

A movement to encourage more housing projects along the California coast has stalled out in the California legislature. Earlier this year, lawmakers, with the backing of some housing activists, introduced a series of bills aimed at making it easier to build apartments and accessory dwelling units along California’s highly regulated coast. 

MFPRO+ New Projects | Sep 5, 2024

Chicago's Coppia luxury multifamily high-rise features geometric figures on the façade

Coppia, a new high-rise luxury multifamily property in Chicago, features a distinctive façade with geometric features and resort-style amenities. The 19-story, 315,000-sf building has more than 24,000 sf of amenity space designed to extend resident’s living spaces. These areas offer places to work, socialize, exercise, and unwind.

Resiliency | Sep 3, 2024

Phius introduces retrofit standard for more resilient buildings

Phius recently released, REVIVE 2024, a retrofit standard for more resilient buildings. The standard focuses on resilience against grid outages by ensuring structures remain habitable for at least a week during extreme weather events.

Adaptive Reuse | Aug 29, 2024

More than 1.2 billion sf of office space have strong potential for residential conversion

More than 1.2 billion sf of U.S. office space—14.8% of the nation’s total—have strong potential for conversion to residential use, according to real estate software and services firm Yardi. Yardi’s new Conversion Feasibility Index scores office buildings on their suitability for multifamily conversion.

Adaptive Reuse | Aug 28, 2024

Cities in Washington State will offer tax breaks for office-to-residential conversions

A law passed earlier this year by the Washington State Legislature allows developers to defer sales and use taxes if they convert existing structures, including office buildings, into affordable housing.

Architects | Aug 28, 2024

KTGY acquires residential high-rise specialist GDA Architects

KTGY, an award-winning design firm focused on architecture, interior design, branded environments and urban design, announced that it has acquired GDA Architects, a Dallas-based architectural firm specializing in high rise residential, hospitality and industrial design.

Affordable Housing | Aug 27, 2024

Not gaining community support is key barrier to more affordable housing projects

In a recent survey, builders and planners cited difficulty in generating community support as a key challenge to getting more affordable housing projects built. The survey by coUrbanize found that 94% of respondents tried to gain community input and support through public meetings, but many were frustrated by low attendance. Few respondents thought the process was productive.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021