Property Manager Frontdesk Laid Off Its Staff and Is On the Brink of Collapse
Photo Credit: An image of a New Orleans short-term rental via Frontdesk, a property management firm that had entered the New Orleans market by acquiring some short-term rentals formerly managed by Stay Alfred. Source: Front desk Frontdesk
Skift Take
A multiyear shakeout continues among property managers offering up multifamily buildings.
Wisconsin-based property manager Frontdesk laid off its entire staff of around 200 employees Tuesday, according to a published report, and appeared to have ceased operations.
The company, which focused on managing multifamily buildings in places ranging from the Midwest U.S., to Florida and Pennsylvania, terminated its staff after