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Valet Living Expands Partnership with RangeWater for Growth

Valet Living Expands Partnership with RangeWater for Growth

Valet Living Renews National Partnership Agreement with RangeWater

Multi-year agreement nearly doubles number of units supported and includes a broader suite of services

Valet Living, the leading residential amenities provider to the multifamily housing industry, has announced the renewal of its National Partnership Agreement with RangeWater Real Estate, a fully integrated rental housing company. This agreement significantly expands service integration and reach, nearly doubling the number of RangeWater units supported and includes a broader suite of services.

A Strong Partnership History

Valet Living has enjoyed a longstanding partnership with RangeWater, which began with the signing of its first National Partnership Agreement in 2021. This initial collaboration introduced essential amenities such as Valet Living Doorstep—a convenient waste and recycling collection service—and Torch Fitness, providing residents live, on-site fitness classes as an alternative to traditional gym memberships.

Enhanced Services to Support Growth

Under the newly renewed agreement, Valet Living will continue to deliver its popular amenities while further supporting the community with services like Bulk, which aids property managers in maintaining clean and organized property environments. Furthermore, Valet Living is collaborating with MultiPro Property Solutions, known for its excellence in property turn services. MultiPro provides an array of hassle-free property capabilities specifically tailored for the multifamily sector, focusing on make-ready solutions delivered through a single contact point.

Quote from RangeWater Leadership

“As we expand our portfolio throughout the Southeast and Southwest, it's critical to partner with a team that can scale with us,” expressed Kaden Czerniawski, Senior Managing Director of Operations for RangeWater. He praised Valet Living for its best-in-class technology and dedication to service, which simplify operations and enhance resident experiences.

Valet Living's Commitment to Excellence

Matt Graves, President and COO of Valet Living, remarked, “We're proud to renew and expand our partnership with RangeWater Real Estate, a company that shares our commitment to operational excellence and resident satisfaction.” He emphasized that this renewed agreement showcases the robust collaboration between the two companies and their ability to scale together, supported by innovative technology and responsive service.

About Valet Living

Valet Living has established itself as the premier provider of essential amenity services in the multifamily industry over the past three decades. The company's offerings not only enhance community asset value but also significantly reduce the workload for on-site staff while improving the overall resident living experience. With industry-leading technology and a team of over 8,000 trusted associates, Valet Living serves more than 2 million apartment homes across the nation.

About RangeWater Real Estate

RangeWater is a fully integrated multifamily real estate firm dedicated to creating fulfilling experiences for partners, clients, residents, and employees throughout the Sun Belt and Mountain West regions. Since its inception in 2006, RangeWater has developed and acquired more than 36,900 multifamily units, representing over $7.2 billion in total capitalization. The company effectively blends local market knowledge with expertise to redefine community experiences, currently managing over 72,000 multifamily units across 13 states. With offices strategically located in high job growth markets, RangeWater emphasizes the demand for rental housing.

Frequently Asked Questions

What is the significance of the renewed partnership?

The renewed partnership between Valet Living and RangeWater significantly expands service offerings, nearly doubling the number of supported units, which enhances community living standards.

What services will Valet Living provide under this agreement?

Valet Living will provide various essential services, including waste collection, fitness classes, and support through MultiPro Property Solutions for property management needs.

How long has Valet Living been in the industry?

Valet Living has been a leading provider in the multifamily amenities space for over 30 years, enhancing community value and resident experiences.

Why is this partnership important for RangeWater?

The partnership allows RangeWater to scale its operations effectively, ensuring high-quality service and resident satisfaction as they expand into new markets.

What makes Valet Living a preferred partner?

Valet Living is known for its commitment to operational excellence, innovative technology, and responsive service, making it a favored choice for multifamily housing organizations.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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