Asset Living Acquires Arizona-Based Shelton Residential

January 12, 2021

Houston-based property manager Asset Living has acquired Shelton Residential, an Arizona-based property management firm that oversees more than 17,000 multifamily units across Arizona, Texas, Colorado and New Mexico. The deal expands Asset Living's presence in the Southwestern U.S.; owners Tom and Pam Shelton and the Shelton team will join Asset Living to lead the company's Southwest region.

Buyers
Asset Living
Targets
Shelton Residential
Sellers
Tom Shelton, Pam Shelton
Industry
Real Estate
Location
Arizona, United States
Transaction Type
Buyout

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