When Doug Dale and Drew Napurano talk about HomeRiver Group (HRG), their message is consistent: property management may be about assets on paper, but the work is rooted in people and place. “We want to be in the markets, with our owners and our tenants,” says Napurano. “We want to know what occurs every day—not only to help owners get the right rents, but also to find the right tenants who will provide long-term value.” It’s this philosophy—combining national scale with local insight—that has helped HomeRiver grow into one of the largest full- service property management firms in the country, with operations spanning over 30 markets.
But scale was never the end goal. From its founding in 2016, HRG set out to solve a clear problem in the rental investment space: fragmentation.
Solving for Scale
Doug Dale, who co-founded HRG after running his own firm in Indianapolis, saw firsthand how disjointed the experience was for investors trying to manage properties in different cities. “They didn’t have one solution,” Dale explains. “They were working with various providers across a bunch of different markets, and it was difficult.” HRG’s founding model was built around a hybrid approach—centralized systems and infrastructure, backed by funding, paired with local experts who understood their communities.
40 S P E C I A L E D I T I O N
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