Private equity firm TriSpan has launched ProperXPM Holdings, a residential property management platform focused on serving multifamily building owners and operators across the country.

Led by Brian Duggan, ProperXPM wants to grow organically and through acquisition to service a national client base by providing cost-effective access to exceptional experiential property management through streamlined processes, centralized staffing, and advanced technology solutions.

“ProperXPM is committed to the strategic consolidation of multifamily property management companies under a partnership model, allowing our sellers to participate in our future growth and value creation. The platform will also promote professional development for all employees and bring national scale to our client base,” says Duggan. “With our first acquisitions complete, we're excited to accelerate the acquisition of additional property managers with TriSpan's financial backing.”

With a tech-forward approach, powered by a partnership with Livly, Duggan says ProperXPM will optimize the customer experience through the utilization of digital tools, a lean staffing model, and centralized off-site support staff.

“By integrating centralized processes with Livly’s operating system, ProperXPM has created an experiential property management solution designed to achieve material cost efficiencies without compromising the quality of the resident experience,” says Duggan.

Founded in 2017, Livly built an enterprise-grade resident operating system combining both technology and services that acts as the connective tissue within resident communities and an intuitive remote control to apartment living. Its suite of mobile and web applications offer a one-app solution for property management teams and residents to deliver an improved resident experience, streamline building operations, and increase property net operating income.

“We are thrilled to partner with Brian Duggan and see the ProperXPM platform as a unique opportunity to bring both scale and innovation to the residential property management industry,” states TriSpan partner Baudoin Lorans. “We intend to rapidly grow ProperXPM, enhancing the platform's capability to service clients nationwide, in part through leveraging the expertise we’ve gained through TriSpan’s investment in DHV Plus in Germany, which operates in a similar space.”

As a private equity-backed consolidation platform, ProperXPM is poised for national expansion through acquisition, the firm notes.