CAHEC Acquires Boyd Management, Inc.
On September 30, 2020, CAHEC acquired Boyd Management, Inc., and its property development arm WWJ, LLC. This acquisition strengthens and diversifies both companies and we are excited to welcome the Boyd family to our team. Boyd Management will operate as CAHEC Management, Inc., and together, we will be an organization of nearly 475 employees.
For those of you unfamiliar with Boyd Management, Inc., the 35-year-old company serves the Southeast as the largest privately held rural development property management firm of USDA properties, managing more than 325 multifamily assets. Boyd Management and CAHEC have enjoyed a 15-year partnership and this acquisition is a natural next step in our ongoing, long-term relationship.
The full press release can be found here.