Virginia-based owner plans to add property management services

May 23, 2023

Louis Rogers and Gus Remppies first discussed the idea of adding a property management division to Glen Allen, Virginia–based apartment owner Capital Square in 2020. But for various reasons, including the tight labor market and lack of scale, they decided the time wasn’t right.

But the pair didn’t let the idea go. Last year, Rogers, the firm’s founder and co-CEO, and Remppies revisited their discussions. By that point, the calculus had changed.

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