A More Connected Future for Multifamily Property Management.

We are now Collective Residential, formerly Proper.

We acquire respected property management companies in order to support them and their systems with top tier infrastructure and technology in service of the teams already in place with their name and local expertise still in front.

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A Better Path Forward
for Property Management Owners

Led by owners and operators

Collective Residential is led by people who understand the business because they have owned, operated, scaled, and transacted in it.

Liquidity plus growth pathways

Collective Residential gives owners immediate liquidity while preserving pathways to participate in future platform value where approved and structured.

Autonomy with accountable support

Collective Residential has a model that balances flexibility with operating discipline so owners can stay involved where valuable and step back where needed.

Local brand and team continuity

Collective Residential protects the people, reputation, brand voice, and local relationships that create value.

Modern operating infrastructure

Collective Residential adds capital, shared services, technology, AI enablement, HR, marketing, and operational best practices to strengthen performance.

Responsible consolidation

Collective Residential advances consolidation with discipline, clarity, and care for the people, assets, and relationships affected by each transaction.

Built by Operators 
Not Just Investors 

Collective Residential is built by owners and operators who think about your assets the way you do. The goal is improving operations while maximizing the value of the real estate underneath. That’s a different mandate than the one most third-party managers and financial buyers operate under, and it shapes every decision we make. Getting this right takes real property management expertise, but we keep that in service of your day-to-day without disrupting it: If you want our help, we’re there. Otherwise, we’re not going to tell you how to run it.  

Partners benefit from:  

Continuity of your brand, your team, and your local hiring decisions, your best people stay where you put them, not reassigned because a bigger portfolio needed them elsewhere
A real estate operating company behind you, not a financial engineering shop
A long-term ownership mindset aligned with sustainable growth: management exists to protect and grow the real estate you built.
Investment in the scale efficiencies you can’t build alone: insurance, IT and AI infrastructure and centralized accounting among them
Upfront liquidity paired with optional rollover equity for long-term participation
A transition timeline you control, from full involvement to a gradual step back

The result: certainty today, and a real stake in what comes next.

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Aligned Operating Companies

Every portfolio company keeps its name, its team, and its local relationships, while sharing in the standards, systems, and expertise that make Collective, Collective.
Ready to Partner with Us?

You built the asset. Let’s talk about how to best protect its value.

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