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 | Nov 21, 2023

Underused strip malls offer great potential for conversions to residential use

Replacing moribund strip malls with multifamily housing could make a notable dent in the housing shortage and revitalize under-used properties across the country, according to a report from housing nonprofit Enterprise Community Partners.

MFPRO+ News | Nov 21, 2023

Renters value amenities that support a mobile, connected lifestyle

Multifamily renters prioritize features and amenities that reflect a mobile, connected lifestyle, according to the National Multifamily Housing Council (NMHC) and Grace Hill 2024 Renter Preferences Survey.

MFPRO+ News | Nov 15, 2023

Average U.S multifamily rents drop $3 to $1,718 in October 2023: Yardi Matrix

Multifamily fundamentals continued to soften and impact rents last month, according to the latest Yardi Matrix National Multifamily Report. The average U.S. asking rent dropped $3 to $1,718 in October, with year-over-year growth moderating to 0.4%, down 40 basis points from September. Occupancy slid to 94.9%, marking the first decline in four months.

MFPRO+ News | Nov 1, 2023

Washington, D.C., Queens, N.Y., lead nation in number of new apartments by zip code

A study of new apartment construction by zip code showed Washington D.C., and the Queens borough of New York City are the hottest multifamily markets since 2018, according to RentCafe.

Adaptive Reuse | Nov 1, 2023

Biden Administration reveals plan to spur more office-to-residential conversions

The Biden Administration recently announced plans to encourage more office buildings to be converted to residential use. The plan includes using federal money to lend to developers for conversion projects and selling government property that is suitable for conversions. 

Mass Timber | Oct 27, 2023

Five winners selected for $2 million Mass Timber Competition

Five winners were selected to share a $2 million prize in the 2023 Mass Timber Competition: Building to Net-Zero Carbon. The competition was co-sponsored by the Softwood Lumber Board and USDA Forest Service (USDA) with the intent “to demonstrate mass timber’s applications in architectural design and highlight its significant role in reducing the carbon footprint of the built environment.”

Smart Buildings | Oct 27, 2023

Cox Communities partnership levels up smart tech for multifamily customers

Yesterday, Cox Communities announced its partnership with Level Home Inc., a provider of next-generation smart IoT solutions for multifamily customers.

Student Housing | Oct 25, 2023

Pierce Education Properties acquires Penn State student housing

The two communities offer a wide range of amenities, including swimming pools with sun decks, study rooms with complimentary printing services, fitness centers, tennis court, and sand volleyball courts.

Giants 400 | Oct 23, 2023

Top 115 Multifamily Construction Firms for 2023

Clark Group, Suffolk Construction, Summit Contracting Group, Whiting-Turner Contracting, and McShane Companies top the ranking of the nation's largest multifamily housing sector contractors and construction management (CM) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report. Note: This ranking factors revenue for all multifamily buildings work, including apartments, condominiums, student housing facilities, and senior living facilities.

Giants 400 | Oct 23, 2023

Top 75 Multifamily Engineering Firms for 2023

Kimley-Horn, WSP, Tetra Tech, Olsson, and Langan head the ranking of the nation's largest multifamily housing sector engineering and engineering/architecture (EA) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report. Note: This ranking factors revenue for all multifamily buildings work, including apartments, condominiums, student housing facilities, and senior living facilities. 

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