Effective April 8, 2014 Wexford Property Management, LLC has purchased Evolve Property Management, LLC, including all all of the management services (i.e., housekeeping, 1st Level Maintenance, waste management, grounds keeping and snow removal) along with all of Evolve Property Management, LLC's customers, employees & Tax ID for an undisclosed amount. Under the terms of the agreement Wexford will have the right to operate under the Evolve logo brand for 90 days from the date of purchase. After 90 days Evolve, LLC the parent company to Evolve Property Management, LLC will retain the corporate identity and the evolveDC.com website, etc..
What does this mean for Evolve customers and employees? Very little will actually change, especially for the first 90 days. Wexford Property Management, LLC already has a strong reputation in the Pennsylvania, New York market and by purchasing Evolve Property Management, LLC the move will help the company gain significant share of the DC market and allow the company to adopt many of the online systems and efficiencies that were established by Evolve.