716 Property Management LLC and Nickel City Property Management Combine Forces in Strategic Merger

BUFFALO, N.Y., September 8, 2023 (VSNewsNetwork.com) - In a strategic business move aimed at expanding its reach in the Western New York real estate market, 716 Realty Group WNY announced a merger between its subsidiary 716 Property Management LLC and Nickel City Property Management LLC. This is the third merger-and-acquisition activity successfully closed by 716 in the last two years.

The newly formed entity, operating under the name 716 Property Management LLC, will now provide a full suite of property management services including management, leasing, maintenance, and tenant relations. The focus of the combined company is to offer exceptional service and value, aiming for a 'triple win' where tenants, property owners, and the management team all benefit.

Gregory Straus, the real estate broker and owner of 716 Realty Group WNY, said, "We are thrilled to add Nickel City Property Management to the 716 family of companies. This allows us to offer a complete range of real estate services to local investors, many of whom are already our clients in buying and selling property."

Nickel City Property Management, previously responsible for overseeing more than 250 units in the Buffalo area, will integrate into 716 Property Management LLC. The company assures current clients that the transition will be seamless, with no interruption in services.

Steve Kottakis, who was the CEO of Nickel City Property Management, will become the CEO of the new 716 Property Management LLC, while Gregory Straus will serve as its President. "This merger aligns perfectly with our commitment to provide exceptional service and client satisfaction in the Buffalo community," said Kottakis. "We are confident this partnership will benefit both our existing and future clients."

For more information, visit www.716-pm.com.

Source: 716 Realty Group WNY via Newswire