Houston-based property management firm Asset Living had a phenomenal 2020. The firm saw its assets under management grow from 64,000 units to 103,000 units, a 60% increase. The new portfolio is valued at more than $15 billion. The growth makes the firm one of the largest property management companies in the nation.

"Asset Living continues to outperform for our existing client base which resulted in double-digit organic growth in 2020," Ryan McGrath, CEO of Asset Living, tells GlobeSt.com.

M&A activity helped to significantly drive this growth. Asset Living acquired digital creative agency Poetic and property management firms Shelton Residential and Alpha Barnes Real Estate. "It's through these acquisitions and the investments we've made in our people that we experienced so much growth—leading us to double in size by adding another 50,000-plus units under management with more than $15 billion in our real estate portfolio," says McGrath.