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Vesta Property Services Expands Its North Central Region with Acquisition of Action Management

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JACKSONVILLE, Fla. - eTradeWire -- Vesta Property Services is pleased to announce an expansion in its Gainesville presence with the acquisition of Action Management of Gainesville, Inc. Action has been a leader in the Gainesville market since 1995.
"We are extremely excited about increasing our presence in the Gainesville market as well as partnering with Action Management – a leader in local community management," said David Surface, Vice President, Corporate Development. "With this partnership, Vesta will be able to supply additional support to our local Gainesville offices, allowing them to provide enhanced client services and expand their offerings in the local market."
"We are very excited to join the Vesta team," said D. Jeffrey Sausaman, President, Action Management of Gainesville, Inc. "Feel free to call or stop by when you are in Gainesville. Go Gators."
With this acquisition, Vesta inherits more than 70 long-term rental management contracts – creating a new business line for the company. Vesta will operate the rental business as a new brand – Ares Real Estate Services, LLC – a wholly owned subsidiary of Vesta.

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About Vesta Property Services
For more than 25 years, Vesta Property Services has redefined Florida property management through superior amenities programming and lifestyle curation, advising and managing homeowners and condominium associations, and providing affordable and direct financing for communities. Vesta is headquartered in Jacksonville, Florida with offices strategically located throughout the state. They have more than 1,200 associates providing a wide spectrum of services to more than 250,000 residents, tenants, and unit owners. To learn more about the company's community management solutions, visit www.vestapropertyservices.com.

About Action Management of Gainesville
Action Management of Gainesville is a full-service property management company serving Gainesville, Florida. They help property owners find the right tenants for their HOA property and provide assistance to local residents needing to rent a space.
Action Management has been in property management for 25 years, and has 24 years of experience managing HOA properties, condos and apartments.

Source: Vesta Property Services
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