Royal York Property Management

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Royal York Property Management
IndustryProperty Management
Founded2010; 14 years ago (2010)
FounderNathan Levinson
Headquarters
  • Toronto, Ontario, Canada (Canada Headquarters)
  • Tirana, Albania (Europe Headquarters)
Number of locations
20
Area served
30
Key people
  • Nathan Levinson (Founder and President)
Websiteroyalyorkpropertymanagement.ca

Royal York Property Management is a global property rental and leasing firm founded in 2010 by Nathan Levinson. The company’s headquarters in Canada and Europe, located in Toronto, Ontario Canada and Tirana, Albania respectively, are managing a portfolio of over 13,000 properties. Valued at over 7.8 billion dollars in real estate assets under management, the company is advancing technology in their processes, systems, and has become the first Canadian company in the industry to expand all operations on a global level.[1]

Royal York Property Management is best known for offering a rental guarantee program and tenant screening process. With 15 active locations across Ontario, 2 office locations in Europe, and 3 more opening up in British Columbia, the company is leading the potential in property management and surpassing the client’s experience by having all departments operating 24 hours a day, 7 days a week, all year round.[2]

The company has been featured in several media outlets including Forbes, Financial Post, Yahoo Finance, MarketWatch, Huff Magazine, and others.[3][4]

History

The company was founded in 2010 by Nathan Levinson.

In 2012, the company began to see sales. The company’s potential was intrigued by an American Investment Firm and later sold for 66% in 2015. However, seeing its full potential go unnoticed in 2016, Levinson bought the company back and made it the fastest growing property management company in North America.

In 2018, the company expanded departments to maintenance services, legal services related to landlord and tenant complaints, accounting, customer care, and decided to keep establishing deeper instincts by growing all departments in-house.

In 2019, the company surpassed all competitors in Ontario and became the largest and most innovative property management company in Canada.

During the covid-19 pandemic in 2020, the company decided to develop new strategies and implement new technologies that focus on custom security and integration. Its sales tripled and saw exponential growth by changing its mission to becoming the innovation leadership of property management.

In 2021, it became the first Canadian property management company to expand globally.[5]

February, 2021 marked the official headquarters of Europe in Tirana, Albania with over 100 employees.

The headquarters in Tirana have led the company to become the first in the industry to operate all in-house services 24/7/365 days a year for all areas served in Canada.

Future plans include 10 more office locations across Canada, and 5 additional office locations in Germany, Portugal, Netherlands, and Albania.

Products and services

Royal York Property Management offers a vast range of property rental and leasing services in condos, houses, multi-unit buildings, and others. It is best known for its rental guarantee program and tenant screening system.

Apart from that, the company also offers other services like maintenance, renovations, online financial reporting, direct rental payments, legal services, property evaluations, cleaning and painting, online portal system, rental guarantee, and tenant placement.

In the media

References

  1. "APOLLO Insurance Partners With Royal York Property Management to Offer Embedded Digital Insurance to Tenants and Landlords". financialpost. Retrieved 27 July 2021.
  2. "10 Entrepreneurs Leading Their Industries In 2021". ca.finance.yahoo.com. Retrieved 27 July 2021.
  3. "STORYRoyal York Property Management: Embracing The Digital World". huffmag.com. Retrieved 27 July 2021.
  4. "How Royal York Property Management Provides Certainty In Uncertain Times". Forbes India. Retrieved 27 July 2021.
  5. "Royal York Property Management Becomes the First Canadian Company in the Industry to Expand Globally". finance.yahoo.com. Retrieved 27 July 2021.

External links