May 29, 2025

Stout Management Company Adds Townhomes to Its Growing Portfolio

Stout Management Company, the largest locally-owned multifamily property management company in Nevada, kicked off the first quarter of 2025 with a bang by adding a unique new asset category to its growing portfolio: Individual Build-To-Rent Homes.

Quarter North is comprised of 165 newly constructed individual single-family one, two, or three-bedroom rental homes in North Las Vegas, Nevada. The unique community offers 100 percent detached units with no common walls, no neighbors above or below, garages, and private backyards.

“I’m excited to bring our property management experience and process into the related asset class of Build to Rent Properties,” Stout President Taylor Verhaalen said. “We are thrilled to grow our community of trusted partners while beginning the new year with momentum in a new market.”

Asset categories under the company’s management also include a diverse mix of multifamily properties, including rent-restricted affordable housing communities that amass over 1,000 units.

Recently, Stout acquired The Cove Apartments, 100 two-bedroom units just minutes from the Las Vegas Strip. This marks one of four new property management assignments in the first quarter of 2025.

Stout’s success in the multifamily space, bolstered by its proprietary operational playbook, has solidified its status as an industry leader. The firm now manages or consults on more than 9,000 units in Nevada, with a significant footprint in the southern Nevada market and a presence in Reno.

With these latest assignments, Stout continues positioning itself as a premier partner for multifamily developers seeking expertise and service. The firm earned six Nevada State Apartment Association Jewel Awards in 2024, including Community of the Year, and Regional Manager of the Year.

For more information about Quarter North, visit their website.

Stout Management Company has been family-owned and operated in Nevada since 1978. Behind the leadership of President Taylor Verhaalen, a Las Vegas native, Stout is committed to making our Southern Nevada community a better place to live for all residents. Stout operates more than 60 residential communities in Southern Nevada, with clientele ranging from multi-generational single-asset owners to global investors. In addition to property management, the company also manages new construction, renovations, asset valuation, affordable housing, and more. For more information, visit their website or LinkedIn profile.

ARTICLE COURTESY OF: Multifamily Press

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