Business Details
Trusted Property Management & Development Services
At Forty-Two, we are dedicated to redefining multifamily property management through a strategic blend of revenue optimization, operational efficiency, and exceptional customer service. Founded by industry veterans Jennifer A. Nevitt and Thomas A. Leonard III, our firm leverages decades of collective experience to deliver measurable results for property owners and residents alike. Our approach centers on rigorous data analysis, real-time decision-making, and a commitment to cultivating top-tier talent, ensuring every property under our management achieves its full financial and experiential potential.With a nationwide footprint and expertise spanning conventional market-rate apartments, student housing, and FHA HUD assets, we specialize in transforming challenges into opportunities through innovative solutions. Our proprietary training programs, risk mitigation strategies, and focus on digital marketing position us as a trusted partner in the multifamily sector, dedicated to fostering long-term value for our clients.
Services
Property Management
Development Services
Consulting
Asset Management
Construction Management
Details
- Year established: 2025
Highlights and features
- We implement proprietary revenue management programs developed by industry expert Jennifer Nevitt.
- Our team specializes in turnaround of under-performing multifamily assets nationwide.
- We maintain a 401K plan and competitive compensation to attract top-tier property management talent.
- Our risk mitigation strategies cover human resources, financial performance, and safety compliance.
- We offer nationwide scalability with localized market expertise across 8+ states.
Services
Property Management
Our property management services encompass day-to-day operations, lease pricing strategy, maintenance coordination, and resident satisfaction programs. We implement rigorous financial controls, vendor management systems, and compliance protocols to protect asset value while maximizing returns. Our digital marketing strategies and leasing processes ensure optimal occupancy rates and premium pricing.
Development Services
We specialize in new construction lease-ups and value-add repositioning projects. Our development team focuses on construction efficiency, material selection for long-term durability, and market-specific design elements that enhance resident appeal while reducing maintenance costs across the asset lifecycle.
Consulting
Our consulting services provide multifamily owners with expert analysis of operational metrics, revenue optimization opportunities, and risk management frameworks. We deliver customized solutions for asset performance improvement, regulatory compliance, and market positioning strategies based on extensive industry experience.
Asset Management
We offer comprehensive asset management covering financial performance monitoring, capital expenditure planning, and strategic investment decisions. Our approach combines detailed market analysis with hands-on operational oversight to ensure long-term value creation for multifamily portfolios.
Construction Management
Our construction management services focus on quality control, budget adherence, and timeline efficiency for new developments and renovation projects. We coordinate all aspects of construction while maintaining strict compliance with safety standards and regulatory requirements to ensure successful project delivery.
People
Jennifer A. Nevitt
CEO and President
Industry leader with extensive multifamily expertise, Jennifer developed proprietary revenue management programs that drive property performance and resident satisfaction through data-driven decision-making.
Thomas A. Leonard III
Founder
Established Forty-Two as a platform for multifamily excellence, leveraging family trust experience to create innovative property management solutions and construction efficiencies.
Sandy Avery
Partner, Operations
32-year multifamily veteran specializing in corporate culture development, risk management, and operational best practices with expertise in financial performance and HR strategy.
Debbie Joiner
Chief Marketing Officer
Marketing expert with 28 years of experience driving traffic generation and digital transformation in multifamily through innovative website strategies and lead conversion systems.
Collin Koshland
President
Financial strategist managing $1B+ in multifamily transactions, specializing in capital project execution, investor relations, and detailed financial analysis for optimal asset performance.
Questions
What multifamily services does Forty2 offer?
We provide comprehensive property management, development, asset management, consulting, and construction services for conventional market-rate apartments, student housing, and FHA HUD assets.
Which states does Forty2 operate in?
We serve properties across Georgia, Pennsylvania, Florida, North Carolina, Tennessee, Utah, South Carolina, New Jersey, Indiana, and Virginia.
How does Forty2 improve property revenue?
Our proprietary revenue management programs combine yield management, expense control, and digital marketing strategies to optimize financial performance.
What makes Forty2's team unique?
Our leadership team brings decades of multifamily experience with specialized expertise in turnaround projects and risk mitigation strategies.
Do you manage distressed properties?
Yes, we specialize in repositioning under-performing and distressed multifamily assets through operational efficiency and strategic investments.
