Oakline Properties Partners with Top-50 NMHC Manager Drucker + Falk
Oakline Properties has announced a new strategic partnership with Drucker + Falk (DF), a family-owned, Top-50 NMHC multifamily and commercial property management firm overseeing more than 43,000 apartment units across the United States. The partnership represents a significant milestone for both organizations and is designed to support the long-term growth, scale, and legacy of one of the nation’s most established property management companies.
Founded in 1938 by Emanuel E. Falk and A. Louis Drucker in Newport News, Virginia, Drucker + Falk has built an 87-year legacy rooted in integrity, personalized service, and operational excellence. From its early beginnings as a regional firm, DF has grown into a nationally recognized property management platform operating across 10 states and employing more than 1,000 professionals. The company has successfully balanced the sophistication of a national organization with the responsiveness and care of a local partner—an approach that has remained central to its identity for nearly nine decades.
Since 2005, Drucker + Falk has been led by third-generation owners and Managing Directors Wendy Drucker, Kellie J. Falk, and David Falk, Jr. Under their leadership, the company has embraced innovation while maintaining a strong people-first culture. Investments in technology, talent development, and operational systems have enabled DF to scale responsibly while continuing to deliver best-in-class service to residents, owners, and partners. This forward-thinking mindset has positioned the firm as one of the most respected names in multifamily and commercial real estate management.
The partnership with Oakline Properties is a natural evolution of DF’s growth strategy. Oakline was launched in September 2025 by Alpine Investors with a mission to partner with leading property management companies, helping them grow while preserving their independence, culture, and legacy. Rather than pursuing consolidation for its own sake, Oakline focuses on empowering best-in-class operators with the resources, technology, and expertise typically available only to large national platforms.
Through the Oakline partnership, Drucker + Falk will gain access to modern technology solutions, enhanced data and reporting tools, cross-platform lead generation capabilities, expanded service offerings, and a deep bench of operational and executive talent. These resources will support DF’s continued expansion while allowing its leadership team to remain focused on what they do best—delivering exceptional service and cultivating strong teams.
“Our partnership with Oakline provides the perfect puzzle piece for Drucker + Falk as we enter our next phase of growth,” said Kellie J. Falk, Principal and Managing Director of DF. “This collaboration allows us to continue prioritizing best-in-class service for our customers while investing even more deeply in our greatest asset—our people. Oakline’s approach aligns seamlessly with our values, culture, and long-term vision.”
Importantly, the Drucker and Falk families will remain actively involved in the business following the transaction, ensuring continuity in leadership and company culture. With DF joining the Oakline platform, the combined organization will now manage more than 65,000 apartment units nationwide, significantly expanding Oakline’s footprint while strengthening its operational capabilities.
Wendy Drucker, owner and Managing Director of DF, emphasized the importance of cultural alignment in choosing Oakline as a partner. “From the very beginning, Oakline’s people-oriented mission gave us confidence that they truly understand what makes Drucker + Falk special,” she said. “They recognize the importance of taking care of our people and preserving the company we have built over generations. We are excited about this next chapter and look forward to continuing to lead and innovate within the property management industry.”
Oakline’s leadership echoed these sentiments, highlighting DF’s long-standing reputation and operational excellence. “Wendy, Kellie, David, and the entire Drucker + Falk team have built one of the premier multifamily management firms in the United States,” said Amanda Sayigh, Chief Executive Officer of Oakline. “We are deeply grateful for the opportunity to partner with such an exceptional organization. Our goal is to support DF’s continued growth while preserving the values, culture, and entrepreneurial spirit that have defined its success for nearly a century.”
The transaction was advised by Transact Capital Partners, with Partner Patrick Morin and Managing Director Mark Leone leading the deal team on behalf of Drucker + Falk.
Together, Oakline Properties and Drucker + Falk are poised to build on a shared commitment to people, performance, and long-term value creation. The partnership not only reinforces DF’s legacy but also positions the company to thrive in an increasingly dynamic and competitive property management landscape—ensuring its success for generations to come.
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