Pretium, a specialized investment firm with over $50 billion in assets under management, today announced that it has completed its acquisition of BH Management Services (“BH”), one of the nation’s premier property management platforms in multifamily, student, and single-family housing.

The addition of BH to Pretium creates one of the most robust residential ecosystems in the United States, with more than 7,200 employees, over 210,000 homes managed, and approximately 700,000 residents and homeowners served annually. Pretium’s portfolio now includes investments spanning single-family, multifamily, student, affordable, and build-to-rent housing communities.

“The addition of BH enhances Pretium’s residential ecosystem, enabling us to deploy capital across all major residential asset classes in both debt and equity,” said Jonathan Pruzan, President of Pretium. “This transaction creates additional opportunities for our investors and will drive more investment in residential real estate, contributing to a healthier housing economy and increased housing options for families across the country.”

“Combining BH’s multifamily portfolio with Pretium’s residential platform will help us execute on our shared vision to build better communities,” said Joanna Zabriskie, CEO of BH. “As an operating company of Pretium, the BH team is positioned to sustain and grow our leadership in multifamily and deliver on our important mission of creating spaces where people live and thrive.”

As a Pretium operating company, BH will continue to be led by Chief Executive Officer Joanna Zabriskie and the current management team, with its headquarters remaining in Des Moines, Iowa.