Partnership marks significant step in further scaling Oakline’s national property management platform

Oakline Properties (“Oakline”) today announced a new partnership with Drucker + Falk (“DF”), a Top-50 NMHC multifamily and commercial property management firm with over 43,000 apartment units under management.¹ The partnership will enable the continued longevity of DF's successful legacy in the property management industry.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251219711240/en/

Founded by Emanuel E. Falk and A. Louis Drucker in 1938 in Newport News, VA, DF has grown to manage properties in 10 states and today has over 1,000 employees. The company has been under the leadership of third-generation owners and managing directors Wendy Drucker, Kellie J. Falk, and David Falk, Jr. since 2005. For 87 years, DF has paired the tools, technology and resources of a national organization with the personalized service of a local partner. DF’s forward-thinking, people-focused approach has guided its growth into one of the nation’s largest and most established property management and commercial real estate firms. In the transaction, Drucker + Falk was represented by M&A advisors, Transact Capital Partners, with the deal team led by Partner, Patrick Morin and Managing Director, Mark Leone.

“We are tremendously excited to partner with Oakline as they help us bring DF’s operations into its next phase of growth and scale,” added Kellie J. Falk, Principal and Managing Director of DF. “Our partnership provides the perfect puzzle piece that allows us to keep our foremost focus on providing best-in-class service for our customers, while continuing to invest behind our best asset, our people.”

Oakline, launched in September 2025 by Alpine Investors, partners with leading property management companies by investing in their growth, preserving their independence and legacy while unlocking the advantages of national scale. Through modern technology, cross-platform lead generation, expanded service offerings, and access to world-class talent, Oakline supports partners’ growth and long-term success. The Drucker and Falk families will remain actively involved as the business partners with the Oakline platform, which will now manage 65,000+ units nationwide.

“From the outset, Oakline's people-oriented mission gave us the confidence that they will take care of our people and the company we have built,” said Wendy Drucker, owner and Managing Director of DF. “We look forward to our next chapter and continuing to build on our property management industry leadership.”

“Wendy, Kellie, David and the team at Drucker + Falk have built one of the leading multifamily management firms in the US,” said Amanda Sayigh, CEO of Oakline. “We are deeply grateful for the opportunity to partner with them and to support the company's continued growth, while maintaining the attributes that have defined its success to-date.”

About Drucker + Falk

Founded in 1938, Drucker + Falk is a full-service real estate and investment firm managing a diverse portfolio of more than 43,000+ apartment homes and 3,000,000+ square feet of office, retail, and industrial space in 10 states. Drucker + Falk specializes in multifamily and commercial property management, developing new multifamily properties, repositioning multifamily assets, and creating upscale, unique apartment communities. For more information, visit https://www.druckerandfalk.com/.

About Oakline Properties

Oakline acquires and scales property and association management businesses, partnering with founders to enhance operations, elevate service delivery, and advance talent development. For more information, please visit: www.oaklinepm.com.

About Alpine Investors

Alpine Investors is a people-driven private equity firm that is committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in companies in the software and services industries. Its PeopleFirst strategy includes a talent program which allows Alpine to bring leadership to situations where additional or new management is needed post-transaction. Alpine has $18.6B in assets under management and three offices in San Francisco, New York, and Austin. For more information, visit www.alpineinvestors.com.

About Transact Capital Partners

Transact Capital Partners is a mergers and acquisitions advisory firm focused on privately owned, mid-market businesses nationwide. The firm provides sell-side and buy-side advisory, value enhancement, succession and exit planning, business valuation, and capital raising services. Headquartered in Richmond, Virginia, with offices in Roanoke, Chicago, and Lexington, Kentucky, Transact Capital Partners is the parent company of Transact Capital Securities LLC, a FINRA- and SEC-compliant investment bank.

¹ According to the National Multifamily Housing Council 2025 Top 50 Managers List

View source version on businesswire.com: https://www.businesswire.com/news/home/20251219711240/en/