With more people having to move back to renting, and it being a buyers market, people are choosing who they want to rent from. For the most part it is of course the best property management companies who are winning in this situation. While any individual who owns an apartment complex could potentially make a lot of money if they have the right reputation, it is instead companies like Transglobe Property Management that let others own the buildings and they just take care of them that are really hitting it big.
There is a good reason for this. Good property management companies have put a lot of work and energy into being the best company that they can for their clients, both the landlords and the tenants. They provide extra amenities for students who are looking for a place to live near their school as well as well as other tools on their websites. While people who already own property would like to think that the trend to shy away from large companies would extend to this as well, it is simply a fact that sometimes larger companies can take care of people better than a person or small group can. It can be understandable, because money can draw in more money and having more resources can draw in tenants. This makes companies like this often more suitable for keeping a property profitable.