Property Management IndexCompare managers

BH Management Services.
Property manager.

Des Moines, IA · Founded 1993 · livebh.com
Show properties in
Changes property counts, units, ratings and maps. Company facts like people, legal events and fees are firm-wide.
Investor snapshotThe questions to ask before you hireSources ↓
Can you hire them for your building?
Yes
Manages for outside owners and its own portfolio[19][17]
How big are they?
94,087 units
#13 on NMHC's 2026 Top 50 Managers[77] · we count 6,360+ units in 63+ properties · our count
What do residents say?
3.7 on Google
6,321 reviews · 2025: 3.8 → 2026: 3.6
Legal or regulatory trouble lately?
2 events since 2023
antitrust settlement, security deposit class action · details
What does management cost?
About 3% of monthly gross income of each property
Property management fee[36][35]
Who runs DFW locally?
Karen Smith
Senior Regional Vice President · team
Growing or shrinking?
contracting
114,000 units (2024) → 93,000 (2026)[18][16][12]
Who owns the firm?
Subsidiary
Parent: Pretium[16][17]

Dots are a quick visual read of the facts next to them, not a grade. DFW numbers are our own count from county records, HUD and firms' own sites.

Years in business
Employees
2,300[12]
Units nationally
94,087 (NMHC #13, 2026)[77]
Assets under management
BH does not publish its own assets under management; it is a manager, not the owner, of most homes it runs. Its parent Pretium reports about $70 billion in assets under management firm-wide (it reported over $50 billion when the BH deal closed in May 2024)[58][16]
Property typesmultifamilystudent housingsingle-family rentalbuild-to-rent[17][19]
Specialtiescentralized property operations (contact center, screening, renewals, resident accounts)underinvested or undermanaged assetsconstruction and architecture services[19][9]
MarketsDallas-Fort Worth, TXDes Moines, IA[20][17]
01Overview

BH Management Services is a residential property manager based in Des Moines, Iowa. Harry Bookey founded it in 1993. It manages apartments, student housing and single-family rental homes in many states. It also has in-house construction and architecture units. Since May 2024 it has been owned by Pretium, a New York real estate investment firm.

02What sets them apart

Against the industry average.

How BH Management Services compares with the other large DFW managers on each measure we track.

  • ▼Behind 83% of peers on rating change, last year (-0.20 vs +0.11 average)
  • ▼Behind all peers on unit growth a year (-10% vs +7% average)
other firms average this firm, by rank: top third middle bottomThis firmRank
DFW unitsneither better nor worse6,360avg 6,306#9 of 30
Class A shareneither better nor worse14%avg 51%#27 of 30
Google rating↑ higher is betterworsebetter3.7avg 3.9#21 of 30
Rating change, last year↑ higher is betterworsebetter-0.20avg +0.11#25 of 30
Unit growth a year↑ higher is betterworsebetter-10%avg +7%#16 of 16
Occupancy↑ higher is betterworsebetter92.9%avg 93.4%#5 of 8
Legal events, 3 years↓ lower is betterbetterworse2avg 2#15 of 30
Industry awards, 3 years↑ higher is betterworsebetter4avg 3#3 of 30

Compared with the 30 largest DFW managers. Rank 1 is the best where higher or lower is better, else the largest. DFW units use a log scale.

03Portfolio

What they run. In 2 metro areas.

Size, building class, age and location of the properties we can tie to this firm. Compare with the kind of asset you own.

Properties
63+
found so farpartial
Units
6,360+
plus 37 properties with no unit count yetpartial
Building area, sq ft
5.6M
county recordspartial
Median year built
1984
county recordspartial
Different owners
21
owners across the 26 of 63 properties with a county owner recordpartial

Building class (public record class rating, 21 of 63 properties rated)partial

A · 3B · 5C · 13
Class AClass BClass CNot ratedSize = units

Units by ZIP code

75071764 · 2 prop.
75252582 · 1 prop.
75061568 · 2 prop.
75062538 · 2 prop.
75150412 · 2 prop.
75238402 · 1 prop.
75287388 · 1 prop.
75070387 · 1 prop.

Units by decade built

1970s196
1980s3,595
1990s962
2000s464
2010s987
2020s156

Largest properties

Our count from public property records, HUD and the firm's own site; a listing alone never counts.

BH manages conventional apartments, student housing, single-family rentals and build-to-rent communities. In Dallas-Fort Worth, our records tie it to apartments in Dallas, Plano, Richardson, McKinney, Irving, Garland and Lewisville, from Uptown mid-rises to older suburban garden complexes. Building counts and unit totals are shown from our data.

Affordable housing is a small part of its business. HUD's assisted-housing records list BH as manager of a property in Gurnee, Illinois, where HUD rental assistance covers some of the apartments. No affordable housing division, tax credit (LIHTC) compliance practice or public housing authority contract naming BH was found.

04Resident experience

How residents rate their buildings.

Resident ratings drive leasing and renewals. Look at the trend and at which problems are rising, not only the average.

Average Google rating
3.7
weighted by review count
Google reviews
6,321
across 14 properties

Properties by Google rating

4.5+0
4-4.54
3.5-47
3-3.53
under 30

Resident reviews over time

Our read of public resident feedback on 12 of its DFW properties, 2015-11 to 2026-09. Years with little feedback are left out, and earlier years rest on fewer properties. No resident comments are shown.

123452022: average rating 4, sentiment +0.46 (from -1 to +1)20222023: average rating 3.6, sentiment +0.2 (from -1 to +1)20232024: average rating 3.9, sentiment +0.48 (from -1 to +1)20242025: average rating 3.8, sentiment +0.4 (from -1 to +1)20252026: average rating 3.6, sentiment +0.3 (from -1 to +1)2026

━ average rating · ╌ sentiment · higher is better for both

What residents complain about lower is better

How often residents raise each problem, our assessment: before the last 12 months and in the last 12 months. Fewer is better. Shown only when enough residents raise it.

ProblemBeforeLast 12 monthsChange
Poor communication22%20%↓ 2 pts fewercould be chance
Maintenance delays14%16%↑ 2 pts morecould be chance
Rude staff8%8%Same
Billing fees11%7%↓ 4 pts fewercould be chance
Staff unresponsive8%8%Same
Pests9%7%↓ 2 pts fewercould be chance
Leasing process8%6%↓ 2 pts fewercould be chance
Move in condition5%6%↑ 1 pts morecould be chance

Other review sites, our read

BBBMixed

Des Moines HQ profile, not accredited: about 290 complaints closed in 3 years, mostly fees and repairs, and about 60 low reviews[3][4]

Our assessment · Sep 2026View profile ↗
ApartmentRatingsMixed

Property pages, not a firm page: Domain at Midtown Park and Elan at Bluffview, about 290 reviews, mixed staff vs upkeep[5][6]

Our assessment · Sep 2026View profile ↗
YelpToo few reviews

Dallas company listing holds about 16 reviews; its Dallas property listings hold 5 to 39 each, several marked closed[7][8]

Our assessment · Sep 2026View profile ↗

Our assessment of each site's record, not the site's own score, which we don't reproduce. Follow the link for the profile.

BH has been certified by Great Place To Work in every year since 2017, most recently in 2026. Fortune named it a Best Workplace for Women in 2025. Employee review sites show a mixed picture. Some locations rate much better than others, and Dallas rates below the company average. Our call is mixed. Resident ratings for its properties are shown from our data.

05Risk and compliance

Lawsuits, settlements and regulators.

Newest first. These are what public records and news show; allegations are reported as allegations.

≈Matched by nameA record can concern an owner, an affiliate or a similar name. We label it when the source shows that.
§Unproven until decidedA lawsuit or complaint is an allegation unless a court or regulator decided it.
↗Check the sourceEach item links to the record it comes from. Read it before relying on it.
  • 2025-12 · security deposit class actionIn Chiodini v. BH Management Services (M.D. Fla., 6:23-cv-147), tenants alleged BH withheld Florida security deposits without the notice state law requires; a settlement fund of about $1.42 million received final approval.[21]
  • 2025-10 · antitrust settlementBH agreed to pay $15 million to settle class claims in the RealPage rent-algorithm antitrust litigation in Tennessee federal court, denying wrongdoing and agreeing to stop sharing nonpublic data with RealPage.[22][23]
  • 2022-11 · antitrust allegationA class action over student housing pricing alleged that lessors using RealPage software, with BH named in connection with the claims, colluded to raise rents.[24]
  • 2018-02 · wage claimA former employee sued BH Management Services alleging unpaid wages.[24]
Our summary

In October 2025, BH agreed to pay $15 million to settle claims in the federal RealPage rent-pricing antitrust case in Tennessee. It denied wrongdoing and agreed to stop sharing nonpublic data with RealPage. A 2022 class action over student housing prices also named BH in connection with RealPage.

In Florida, tenants sued in 2023 (Chiodini v. BH Management Services). They alleged BH kept security deposits without the notice state law requires. A settlement of about $1.42 million received final approval in December 2025. A former employee sued over unpaid wages in 2018.

06Key personnel

Key personnel.

For an owner, the regional leaders in its own metro matter most, so leaders in DFW are listed first.

Karen Smith
Karen SmithDFWLinkedIn
Senior Regional Vice President[26]
Regional · Texas (Frisco) · joined 2014 (12 yrs)
Before: BH Management ServicesBH Management ServicesMcDowell PropertiesEquity Residential[41][26]
Joanna Zabriskie
Joanna ZabriskieLinkedIn
President and CEO[12][17]
CEO · joined 2013 (13 yrs)
Before: BH Management ServicesHarbour Realty PartnersCaptec Financial Group[40]
Melody King
Melody KingLinkedIn
President[11]
President · joined 2013 (13 yrs)
Before: BH Management ServicesBH Management ServicesBH Management Services[11][41]
Christi Weinstein
Christi WeinsteinLinkedIn
Chief Operating Officer[28]
COO · joined 2014 (12 yrs)
Before: BH Management Services[43]
Jennifer Antos
Jennifer AntosLinkedIn
Senior Vice President, BTR[28]
Operations · joined 2018 (8 yrs)
Before: Gables ResidentialTrammell Crow Residential[85]
Joyce Copeland
Joyce CopelandLinkedIn
Senior Regional Vice President[28]
Regional · joined 2012 (14 yrs)
Before: RAM PartnersPost PropertiesTrammell Crow[50]
Marc Karles
Marc KarlesLinkedIn
Regional Vice President, BTR[28]
Regional · joined 2015 (11 yrs)
Kristy Duck
Kristy DuckLinkedIn
Regional Vice President[28]
Regional · joined 2013 (13 yrs)
Wendy Harrison
Wendy HarrisonLinkedIn
Regional Vice President[28]
Regional · joined 2018 (8 yrs)
Before: BH Management Services[41]
Lisa Johnson
Lisa JohnsonLinkedIn
Regional Vice President[28]
Regional · joined 2015 (11 yrs)
Kristina Marshall
Kristina MarshallLinkedIn
Regional Vice President[28]
Regional · joined 2008 (18 yrs)
Penny Marshall
Penny MarshallLinkedIn
Regional Vice President[28]
Regional · joined 2016 (10 yrs)
Before: BH Management Services[41]
Sara Doherty
Sara Doherty
Vice President of Business Development, B.HOM Student Living (BH's student housing management venture with Timberline)[74][75]
Business development · joined 2026 (0 yrs)
Before: PeakMade Real EstateCardinal Group CompaniesPeakMade Real EstateCardinal Group Companies[74]
HB
Harry Bookey
Founder[17]
Leadership · joined 1993 (33 yrs)
Before: Private law practice[87]
Brandy Daniel
Brandy DanielLinkedIn
Chief Strategy Officer[28]
Leadership · joined 2014 (12 yrs)
Before: BH Management ServicesGreystar[45][44]
Dusty Thomas
Dusty ThomasLinkedIn
Chief Financial Officer[28]
Leadership · joined 2016 (10 yrs)
Before: BH Management ServicesBH Equities[46][47]
Jennifer Davis
Jennifer Davis
Managing Director, Asset Management[28]
Leadership · joined 2014 (12 yrs)
Before: Harbour Realty PartnersCaptec Financial Group[84][83]
Charlotte Flores
Charlotte FloresLinkedIn
Chief People Officer[28]
Leadership · joined 2014 (12 yrs)
Jennifer Schumann
Jennifer SchumannLinkedIn
General Counsel[28]
Leadership · joined 2018 (8 yrs)
Before: BH Equities[63]
Matt Darcy
Matt DarcyLinkedIn
Senior Vice President, Construction[28]
Leadership · joined 2015 (11 yrs)
Before: GreystarDivisions Maintenance Group[86]
Mike Watkins
Mike Watkins
Senior Vice President, Construction[28]
Leadership · joined 2015 (11 yrs)
Before: BH Management ServicesBH Management ServicesMonaco DevelopmentLakeridge Builders[62]
Nikki Sloup
Nikki SloupLinkedIn
Senior Vice President of Brand, Communications and PR[28]
Leadership · joined 2025 (1 yrs)
Before: Progress Residential[69]

Average leadership tenure: 12 years. Highlighted past employers have their own page here. LinkedIn profiles are linked, not copied.

What employees say, our read

GlassdoorMixed

About 490 employee reviews; benefits and bonuses praised, but recurring understaffing, work-life and manager complaints[1]

Our assessment · Sep 2026View profile ↗
IndeedMixed

About 450 employee reviews; pay and benefits praised, while site managers, advancement and recent layoffs draw complaints[2]

Our assessment · Sep 2026View profile ↗
About the leadership

Joanna Zabriskie is CEO. She joined BH in 2013 as a senior vice president and became President and CEO in December 2014. Before BH she co-founded Harbour Realty Partners, a multifamily investor that had co-invested with BH, and was a managing director at Captec Financial Group. She led the company through the Pretium sale and stayed on afterward. Melody King became President in November 2025. She joined BH in 2013, rose through regional roles and was previously Chief Operating Officer of property operations.

Founder Harry Bookey practiced law for about 15 years, representing real estate syndicators, before leaving in 1991 to start BH. He made its first deal in 1993. He kept BH Equities' real estate investments when the management business was sold to Pretium in 2024.

Most of the executive team was promoted from within, and most have been at BH for about a decade or more. Christi Weinstein, Chief Operating Officer, joined in 2014 and ran BH's strategic support group before becoming COO in 2023. Chief Financial Officer Dusty Thomas joined in 2016 and worked in investor relations and capital markets at BH and its investment arm, BH Equities, before becoming CFO in 2024. Chief Strategy Officer Brandy Daniel, with BH since about 2014, was previously its Chief Data Officer. Chief People Officer Charlotte Flores has also been with BH since about 2014. Jennifer Davis, Managing Director of Asset Management, has been with BH since about 2014; like Zabriskie, she came from Harbour Realty Partners and Captec Financial Group, where she led underwriting and asset management. General Counsel Jennifer Schumann joined in 2018 and was senior counsel for real estate at BH Equities before becoming general counsel; since September 2025 she has also been general counsel of Progress Residential, another Pretium company.

Jennifer Antos, with BH since about 2018, leads build-to-rent and joined the executive team in 2024. Before BH she held training, regional and area vice president roles at Gables Residential and Trammell Crow Residential. Matt Darcy and Mike Watkins, both with BH since 2015, are senior vice presidents for construction. Darcy's earlier employers include Greystar, according to an unverified profile. Watkins started as a construction representative on acquisitions and earlier worked for Monaco Development and Lakeridge Builders. Nikki Sloup, who joined in 2025, leads brand, communications and PR. She built Progress Residential's first dedicated communications team starting in 2021 and still holds that role there.

BH's leadership page lists senior regional vice presidents Karen Smith and Joyce Copeland. Smith, based in Frisco, Texas, joined BH in 2014 and was promoted to regional vice president for Texas in 2019; she previously worked at Equity Residential and McDowell Properties. Copeland joined BH in about 2012 and previously held operations roles at RAM Partners, Post Properties and Trammell Crow. Regional vice presidents include Kristy Duck, Wendy Harrison, Lisa Johnson, Kristina Marshall and Penny Marshall, plus Marc Karles for build-to-rent; each has been with BH for several years, and Kristina Marshall, based in Des Moines, is the longest-serving.

BH does not name a business development contact for its apartment management business. Its contact page routes owner, investor and acquisition inquiries through a web form and the Des Moines office phone line. For student housing, B.HOM Student Living, the management venture BH formed with Timberline Real Estate, lists Sara Doherty as Vice President of Business Development. She joined in 2026 after onsite and transition roles at PeakMade Real Estate and business development at Cardinal Group Companies.

07Performance and fees

What they report, and what they charge.

Private managers rarely publish results. Figures the firm reports about itself are marked "firm claim"; ask for audited numbers before you sign.

Occupancyfirm claim
92.9%
Average portfolio occupancy
92.9% average portfolio occupancy, reported by the firm for the 2026 Multi-Housing News ranking[31]
as of 2026
Rent growthreported
0.1%
Client portfolio rent decline
On the same-store portfolio of NexPoint Residential Trust, a public REIT whose properties are all managed by BH, average effective monthly rent fell 0.1% in 2025 versus 2024 (REIT-reported, one client portfolio, not BH-wide)[35][37]
as of 2025-12-31
NOIreported
1.6%
Client portfolio NOI decline
NexPoint Residential Trust's BH-managed same-store properties: 2025 NOI down 1.6%, total revenue down 1.0% and occupancy down 195 bps versus 2024 (REIT-reported, one client portfolio)[37][35]
as of 2025-12-31
Expense controlfirm claim
$105
Annual savings per unit
Firm says its Green Initiative water and energy projects save an average of $105 per unit per year; no operating expense ratio is published[38]
as of 2023
Collectionsfirm claim
Firm says it brought past-due collections in-house and that this improved recovery rates; no figure is published[31]
as of 2026
Retention and renewalsfirm claim
19 days
Renewal process time saved
Vendor case study says BH's centralized renewal team shortened the overall renewal process by 19 days; no renewal or retention rate is published[32]
as of undated
Turn timesreported
44.1%
Client portfolio resident turnover
No turn-time (days to ready) figure is published. BH says its Fusion platform tracks days to ready and days vacant. On NexPoint Residential Trust's BH-managed portfolio, annualized resident turnover was 44.1% in Q2 2026, down from 46.5% a year earlier, with 55.9% retention (REIT-reported, one client portfolio)[60][59]
as of 2026-06-30
CapExreported
20.8%
Client renovation capital return
NexPoint Residential Trust (BH-managed) reports full and partial interior renovations on 9,866 units since inception at an average $9,115 per unit, with 13.5% average rent growth on renovated units and a 20.8% return on renovation capital; in 2025 it completed 1,767 upgrades and washer/dryer installs at a 21.8% ROI. These are owner-funded programs reported by the REIT[35][37]
as of 2025-12-31

Fees paid by owners

Property management feebase fee
3%
Property management fee
About 3% of monthly gross income of each property[36][35]
Paid by the owner. Stated in NexPoint Residential Trust's 10-K filings for 2016 and 2025, where BH manages all of the REIT's properties; BH affiliates hold equity in the REIT's operating partnership.
Construction supervision feeold
5% to 6%
Construction supervision fee
5% to 6% of total project costs, when BH performs the supervision[36]
Paid by the owner; per NexPoint Residential Trust's 2016 10-K.
Reimbursable costs and additional servicesold
Owner reimburses BH for certain operating and leasing costs; services beyond the management agreement are billed at an hourly rate[36]
Paid by the owner; per NexPoint Residential Trust's 2016 10-K. No rate given.
Case studies (1)
  • SmartRent work management rollout. SmartRent says BH cut maintenance-task close times by about 30% on average after adopting its work management, inspection, preventive maintenance and asset tracking tools across its portfolio.[30]
Our notes on performance and fees

BH does not publish firm-wide operating results. BH reported its average portfolio occupancy to Multi-Housing News for that outlet's 2026 ranking; this is the firm's own figure. BH also told Multi-Housing News that bringing past-due collections in-house improved recovery rates, without giving a figure.

The best independent view comes from NexPoint Residential Trust, a public REIT whose properties BH manages. The REIT's filings show its same-store properties had roughly flat rents, slightly lower NOI and lower occupancy in 2025 than in 2024. On its mid-2026 earnings call, the REIT said resident turnover on its BH-managed properties was lower than a year earlier. The REIT also reports that its owner-funded interior renovation program has earned rent increases and returns on cost in line with its targets. These figures cover one client's portfolio, which BH affiliates partly own, and may not reflect BH's other properties.

Vendor case studies add a little more. A Widewail case study says BH's centralized renewal team shortened the renewal process, and a SmartRent case study says BH cut maintenance task close times. BH says its water and energy projects lower utility costs per unit. BH says its Fusion platform tracks days to ready for vacant apartments, but no turn-time figure has been published.

BH describes a centralized model built on four shared functions: a contact center, applicant screening, renewals and resident account management. It says it focuses on assets that were underinvested or undermanaged.

The clearest public record of BH's fees comes from NexPoint Residential Trust, a public REIT whose properties BH manages. Its SEC filings say the REIT pays BH a management fee of about 3% of each property's monthly gross income. Its 2016 annual report adds that BH earns a construction supervision fee of 5% to 6% of project costs when it does that work, is reimbursed for certain operating and leasing costs, and bills extra services by the hour. All of these are paid by the owner, not residents. BH affiliates also hold equity in that REIT, so these terms may differ from what an unaffiliated owner would get. No published fee schedule or public-agency management contract naming BH was found.

08Awards

Awards and recognition.

Industry rankings and awards, newest first. Many are based on surveys the firm enters or pays for, so weigh them below results and resident ratings.

2026Great Place To Work Certification (tenth consecutive)[13]
2026PropTech Breakthrough Residential Property Management Solution of the Year[14]
2026McLean & Company Employee Listening Excellence Award finalist[10]
2025Fortune Best Workplaces for Women[15]
09Technology

Software and systems.

Matters for reporting to you, integration with your systems, and how leasing and rents are set.

Property management software
Yardi Voyager[33][34][29]
CRM and leasing
Revenue management
RealPage (named in rent-pricing antitrust settlement)[22][23]
Resident portal
RentCafe (Yardi) resident portal[29]
BI and reporting
Fusion (proprietary)[19][17]
AI and automation
ChatGPT rent payment integration (with Funnel)Fusion in-house data platform with AI[12][19]
API and integrations
Travtus Explore, a conversational AI query layer embedded in BH Fusion+ that connects data across systems (Travtus lists Yardi and Entrata connectors)Funnel resident portal (Nestio) account connection inside ChatGPT (proof of concept, February 2026)Yardi VendorCafe and Yardi Marketplace vendor onboarding and invoice integration[70][71][73][72][12][34]
Our notes on technology

BH runs its properties on Yardi Voyager, according to Yardi's own announcements, which describe BH as a long-time Yardi client that also uses Yardi's invoice and payment tools. Vendors are onboarded and paid through Yardi's VendorCafe and Marketplace, which BH links from its own website. Residents log in through a BH-branded RentCafe portal, Yardi's resident platform. BH uses Funnel for leasing and applications; the Funnel application portal is linked from its Dallas property sites. BH uses SmartRent for maintenance work orders, inspections and asset tracking. Its 2025 settlement in the RealPage antitrust case shows it used RealPage rent-pricing software; it agreed to stop sharing nonpublic data with RealPage.

BH runs its own data platform, Fusion, now in a second version called BH Fusion+, which pulls leasing, accounting and maintenance data into one place. It won PropTech Breakthrough's analytics platform award in 2024. BH has embedded Explore, a plain-language AI query tool from the vendor Travtus, inside Fusion+ so staff can ask questions of the data directly. BH's head of data said it chose Travtus because the product was close to what BH had planned to build itself.

In February 2026, BH and Funnel processed what BH calls the industry's first rent payment inside ChatGPT. Residents connected their Funnel resident portal account inside ChatGPT. Funnel described it as a proof of concept, not a rollout. No public information was found on BH offering its own API or data feed to owners or partners.

10Growth

Momentum, year by year.

Growing firms win new contracts but can stretch staff; shrinking ones may be losing clients.

Signal: contracting[18][16][12]

Units the firm reported, by year[16][17][11][12]
2024202520262027-6%-13%114k2024: 114,000 units reported by the firm107k2025: 107,000 units reported by the firm93k2026: 93,000 units reported by the firmEVENTS2024-05 · acquisition: Acquired by Pretium; BH Equities' owned partnerships were not part of the sale.2025-11 · leadership: Melody King promoted from COO of property operations to President.2026-02 · new service: Processed what it calls the industry's first rent payment inside ChatGPT, built with Funnel.2026-04 · portfolio decline: The 2026 NMHC Top 50 list showed BH among managers with the largest year-over-year drops in units managed.2026-06 · expansion: BH said it is growing its build-to-rent management footprint through Pretium investments.

Hover a point or an orange event dot for details. Unit counts are what the firm reported nationally.

Recent events

  • 2026-06 · expansionBH said it is growing its build-to-rent management footprint through Pretium investments.[19]
  • 2026-04 · portfolio declineThe 2026 NMHC Top 50 list showed BH among managers with the largest year-over-year drops in units managed.[18]
  • 2026-02 · new serviceProcessed what it calls the industry's first rent payment inside ChatGPT, built with Funnel.[12]
  • 2025-11 · leadershipMelody King promoted from COO of property operations to President.[11]
  • 2024-05 · acquisitionAcquired by Pretium; BH Equities' owned partnerships were not part of the sale.[16][17]

BH is shrinking. Its reported unit count fell from 2024 to 2026, and its reported headcount fell between 2025 and 2026. The 2026 NMHC Top 50 list put it among managers with the biggest year-over-year drops. BH says it is growing its build-to-rent business through Pretium investments. It also says it is leaning on Pretium's single-family rental data. No public layoff (WARN) notices naming BH were found.

11Ownership

Who owns the firm, and why it matters.

A manager that also owns buildings, or answers to a fund, can have different priorities from yours.

OwnershipSubsidiary[16][17]
Parent companyPretium[16][17]
Business modelManages for outside owners and its own portfolio[19][17]
Affordable housingLimited. HUD's assisted multifamily data lists BH Management Services as the management agent for one HUD-assisted property, Grand Oaks Apartments in Gurnee, IL, where HUD rental assistance covers part of the units; BH lists the property on its own site. No affordable housing division, LIHTC compliance practice or public housing authority contract was found[56][57]
Employee growthDeclining: the firm reported about 2,800 employees at the Pretium closing (May 2024) and again in September 2025, then about 2,300 in February and July 2026, a drop of roughly 18% that tracks its falling unit count[16][39][12][13]

Not publicly disclosed: Sister companies

Ownership changes

  • 2024-05 · acquiredPretium, a New York real estate investment firm, completed its acquisition of BH Management Services; BH stays in Des Moines as a Pretium operating company under its existing leadership.[16][17]

Pretium bought BH Management Services in a deal announced in March 2024 and closed on May 1, 2024. BH kept its name, its Des Moines headquarters and its leadership, and runs as a Pretium operating company. Pretium is a large investment firm with real estate and credit businesses. BH itself does not report assets under management, because it mostly runs homes that others own.

BH Equities, the affiliated investment arm, was not part of the sale. Its investment partnerships still own apartments that BH manages. So BH manages both for third-party owners and for affiliated owners.

12Sources

Where every fact comes from.

Each [n] above links here. Property numbers, ratings and the map come from our database; each property links to its county record, its own website and its Google page.

Show all 87 sources
  1. BH Management Services Reviews | Glassdoor (search snippet) glassdoor.com · seen 2026-09-29
  2. Working at BH Management Services, LLC: 452 Reviews | Indeed.com (search snippet) indeed.com · seen 2026-09-29
  3. BH Management Services Inc. | BBB Business Profile bbb.org · seen 2026-09-29
  4. BH Management Services Inc. | BBB Complaints bbb.org · seen 2026-09-29
  5. Domain at Midtown Park Reviews | ApartmentRatings (search snippet) apartmentratings.com · seen 2026-09-29
  6. Elan at Bluffview Reviews | ApartmentRatings (search snippet) apartmentratings.com · seen 2026-09-29
  7. BH - Dallas, Texas - Property Management | Yelp (search snippet) yelp.com · seen 2026-09-29
  8. Domain at Midtown Park by BH Management | Yelp (search snippet) yelp.com · seen 2026-09-29
  9. About BH | Live BH livebh.com · seen 2026-09-28
  10. BH Newsroom Press Releases livebh.com · seen 2026-09-28
  11. Melody King Promoted to President of BH Management Services livebh.com · seen 2026-09-28
  12. BH Management Completes Industry's First Rent Payment Inside ChatGPT livebh.com · seen 2026-09-28
  13. BH Management Services Earns 2026 Great Place To Work Certification livebh.com · seen 2026-09-28
  14. BH Honored as 2026 Residential Property Management Solution of the Year livebh.com · seen 2026-09-28
  15. Fortune and Great Place To Work Name BH to 2025 Best Workplaces for Women livebh.com · seen 2026-09-28
  16. Pretium Completes Acquisition of BH Management Services pretium.com · seen 2026-09-28
  17. Pretium acquires BH Management Services | Multifamily Dive multifamilydive.com · seen 2026-09-28
  18. Greystar tops NMHC's list with 1M units under management | Multifamily Dive multifamilydive.com · seen 2026-09-28
  19. How BH Management Is Positioning for What's Next | Multifamily Executive multifamilyexecutive.com · seen 2026-09-28
  20. Atera Apartments | Live BH livebh.com · seen 2026-09-28
  21. BH Management Services Security Deposit Settlement (Chiodini v. BH Management Services) claimdepot.com · seen 2026-09-28
  22. America's landlords settle claim they used rent-setting algorithms for $141 million | Fortune fortune.com · seen 2026-09-28
  23. 26 Property Management Companies to Pay $141 Million To Settle Lawsuit | Rental Housing Journal rentalhousingjournal.com · seen 2026-09-28
  24. BH Management Services, LLC | ClassAction.org classaction.org · seen 2026-09-28
  25. BH Management Services Reviews | Glassdoor glassdoor.com · seen 2026-09-28
  26. Karen Smith - Senior Regional Vice President | LinkedIn linkedin.com · seen 2026-09-28
  27. Google reviews of the firm's DFW properties (our analysis) google.com · seen 2026-09-30
  28. Leadership | Live BH livebh.com · seen 2026-09-28
  29. Login to RentCafe Resident Services | RentCafe (BH) livebh.securecafe.com · seen 2026-09-28
  30. BH Management Case Study | SmartRent smartrent.com · seen 2026-09-28
  31. Top Multifamily Property Management Companies of 2026 | Multi-Housing News multihousingnews.com · seen 2026-09-28
  32. Case Study | BH: National Property Management Group Leads Industry with Centralized Reputation Strategy | Widewail widewail.com · seen 2026-09-28
  33. BH Management Services, Inc. Selects Yardi Voyager with Application Hosting | Yardi yardi.com · seen 2026-09-28
  34. BH Management on Procure to Pay Suite | Yardi yardi.com · seen 2026-09-28
  35. NexPoint Residential Trust, Inc. Form 10-K for 2025 (SEC) sec.gov · seen 2026-09-28
  36. NexPoint Residential Trust, Inc. Form 10-K for 2016 (SEC) sec.gov · seen 2026-09-28
  37. NexPoint Residential Trust Reports Fourth Quarter and Full Year 2025 Results | PR Newswire prnewswire.com · seen 2026-09-28
  38. 30 Impressive Things About BH's 30 Years in Business | Live BH livebh.com · seen 2026-09-28
  39. Fortune and Great Place To Work Name BH Management Services to 2025 Best Workplaces in Real Estate List, Ranking No. 6 | Live BH livebh.com · seen 2026-09-28
  40. Home Point Capital elects Joanna Zabriskie to Board of Directors (Form 8-K exhibit, SEC) sec.gov · seen 2026-09-28
  41. BH Companies Announces Multiple Internal Promotions Within Property Operations Divisions | MultifamilyBiz.com multifamilybiz.com · seen 2026-09-28
  42. Melody King - BH | LinkedIn linkedin.com · seen 2026-09-28
  43. Christi Weinstein - Chief Operating Officer at BH | LinkedIn linkedin.com · seen 2026-09-28
  44. Brandy Daniel - Chief Strategy Officer | LinkedIn linkedin.com · seen 2026-09-28
  45. BH Executive Q&A Series: Brandy Daniel, Chief Data Officer | Live BH livebh.com · seen 2026-09-28
  46. Dusty Thomas - BH | LinkedIn linkedin.com · seen 2026-09-28
  47. BH Executive Q&A Series: Dusty Thomas, CFO | Live BH livebh.com · seen 2026-09-28
  48. BH's Jennifer Schumann Named General Counsel for Both BH Management and Progress Residential | Live BH livebh.com · seen 2026-09-28
  49. BH Executive Q&A Series: Matt Darcy, SVP, Construction | Live BH livebh.com · seen 2026-09-28
  50. Joyce Copeland - SVP - BH Management | Revere platform.reverecre.com · seen 2026-09-28
  51. Joyce Copeland - BH Management Services, LLC | LinkedIn linkedin.com · seen 2026-09-28
  52. Wendy Harrison - BH Management Services | LinkedIn linkedin.com · seen 2026-09-28
  53. Marc Karles - BH | LinkedIn linkedin.com · seen 2026-09-28
  54. Jennifer Antos - BH | LinkedIn linkedin.com · seen 2026-09-28
  55. Lisa Johnson CAM - BH Management Services, LLC | LinkedIn linkedin.com · seen 2026-09-28
  56. HUD Multifamily Properties - Assisted (management agent search: BH Management) services.arcgis.com · seen 2026-09-28
  57. Grand Oaks | Live BH livebh.com · seen 2026-09-28
  58. About | Pretium pretium.com · seen 2026-09-29
  59. Earnings call transcript: NexPoint Residential Trust posts Q2 2026 beat | Investing.com investing.com · seen 2026-09-29
  60. BH Reaching Greater Heights in Data Collection and Use | Live BH livebh.com · seen 2026-09-29
  61. BH Executive Q&A Series: Mike Watkins, SVP, Construction | Live BH livebh.com · seen 2026-09-29
  62. Mike Watkins - Director of Construction West - BH Management | Revere platform.reverecre.com · seen 2026-09-29
  63. Jennifer Schumann | Business Record Forty Under 40 businessrecord40.com · seen 2026-09-29
  64. Kristina Marshall | Business Record Forty Under 40 businessrecord40.com · seen 2026-09-29
  65. Jennifer Schumann - General Counsel | LinkedIn linkedin.com · seen 2026-09-29
  66. Matt Darcy - Sr. VP of Construction at BH Management | LinkedIn linkedin.com · seen 2026-09-29
  67. Kristy Duck - BH Management Services, Inc. | LinkedIn linkedin.com · seen 2026-09-29
  68. Kristina Marshall - BH Management Services, LLC | LinkedIn linkedin.com · seen 2026-09-29
  69. Meet the 2026 class of Top Women in Communications | PR Daily prdaily.com · seen 2026-09-29
  70. BH Management + Travtus: AI-Driven Exploration for Teams | Travtus travtus.com · seen 2026-09-29
  71. Travtus: Your Everyday(AI) Platform for Real Estate Operations travtus.com · seen 2026-09-29
  72. Funnel processes the world's first rent payment inside ChatGPT | Funnel funnelleasing.com · seen 2026-09-29
  73. BH Fusion+ Named Property Management Analytics Platform of the Year By PropTech Breakthrough | Live BH livebh.com · seen 2026-09-29
  74. About Us | B.HOM Student Living bhomstudentliving.com · seen 2026-09-30
  75. Timberline Real Estate, BH Companies Partner to Form B.HOM Student Living | Student Housing Business (search snippet; page returned 403) studenthousingbusiness.com · seen 2026-09-30
  76. Contact | Live BH livebh.com · seen 2026-09-30
  77. NMHC 2026 Top 50 Managers nmhc.org · seen 2026-10-01
  78. Joanna Zabriskie - BH Management Services, LLC | LinkedIn (search result) linkedin.com · seen 2026-10-01
  79. Charlotte Flores | LinkedIn (linked from BH leadership page) linkedin.com · seen 2026-10-01
  80. Nikki Sloup | LinkedIn (linked from BH leadership page) linkedin.com · seen 2026-10-01
  81. Penny Marshall | LinkedIn (linked from BH leadership page) linkedin.com · seen 2026-10-01
  82. Get to Know The BH Leadership Team | Live BH livebh.com · seen 2026-10-01
  83. BH Executive Q&A Series: Jennifer Davis, Managing Director, Asset Management | Live BH livebh.com · seen 2026-10-01
  84. Jennifer Davis | LoopNet broker profile (search snippet; page returned 403) loopnet.com · seen 2026-10-01
  85. Jennifer Antos | LoopNet broker profile (search snippet; page returned 403) loopnet.com · seen 2026-10-01
  86. Matt Darcy - Senior Vice President, Construction at BH | The Org (unverified profile) theorg.com · seen 2026-10-01
  87. Bookeys begin next chapter in real estate | Business Record businessrecord.com · seen 2026-10-01