Acquiring & Operating PM Companies

AI-native property management starts here.

We partner with established property management companies and unlock transformative value with AI — cutting costs, delighting tenants, and building the future of single-family rentals.

Let's Talk → Free AI Playbook ↓
Who We Are

Operators meet technologists.

We are the former executive team of Front Yard Residential — an NYSE-listed SFH investor managing ~15,000 single-family homes across the U.S. (sold to Ares Capital for $2B+) — partnering with top technologists from Silicon Valley to bring AI to property management operations. We have experience operating in all U.S. markets and deploying cutting-edge AI to customer and field operations at scale.

Our Thesis

Technology-forward. Operator-led.

Property management is a $100B+ industry still running on phone calls and spreadsheets. We're changing that.

🤖

AI-First Operations

We deploy AI across maintenance triage, leasing, owner reporting, and tenant communication — cutting admin time by 50%+ so your people focus on real value.

🔑

Acquire & Transform

We target established, profitable U.S. PM companies where AI creates a transformative value unlock — not just incremental improvement.

🤝

Your Brand, Your People

We've studied what causes 35–50% churn in post-acquisition transitions — and built our model to prevent it. Your brand stays, your team stays, clients feel continuity.

Why Now

The opportunity is massive.

$100B+
U.S. PM Industry Size
50%+
Admin Time Reduction
15K+
Homes Managed (Prior)
SFR
Single-Family Focus
Partnership Models

How we partner — flexible and competitive.

Whether you're looking for a clean exit, growth capital, or a gradual transition — we structure around your goals.

Full Acquisition

We acquire your business — portfolio, contracts, and relationships. Competitive cash exit on your terms.

Ideal for: Ready for a clean, profitable exit.

Growth Partnership

Keep running your business. We provide AI tools, back-office support, and growth capital. You focus on clients.

Ideal for: Want to stay and grow with better tools.

Structured Transition

Phased buyout with earnout. Stay involved, mentor the team, ensure clients are cared for — exit on your timeline.

Ideal for: Want to exit gradually over 6–12 months.
Free AI Education

The AI Playbook for Property Managers

We believe the best way to serve property managers is to lead with value. Our playbook is free — forever.

Save 10+ hours per week with AI

A practical guide to using AI for leasing, maintenance, and owner communication — built specifically for single-family rental PMs.

  • 87 ready-to-use prompts across all PM workflows
  • The CRISP Framework for writing effective prompts
  • Real workflows: triage, reporting, lease renewals
  • Case study: 360 units, zero full-time employees
Get the Free Playbook →
$ ai-triage --batch maintenance.csv

🔴 442 Oak Lane — Burst pipe → Plumber ASAP
🟠 118 Elm St — No hot water → 24hr
🟡 901 Pine — Leaky faucet → Routine
⚪ 330 Maple — Paint touch-up → Next visit

$ ai-draft --owner-report Q1

✓ Report generated. 12 properties.
✓ Collection rate: 98.4%
✓ Maintenance YTD: under budget
✓ 3 lease renewals recommended
Team

Operators who build.

Institutional SFR experience meets Silicon Valley AI expertise.

Ali Liceoglu
Technology & Business

Ali Liceoglu

Co-Founder

Ex-McKinsey & AI Product Manager. 10+ yrs applying AI to customer ops. $150M+ combined financial impact.

Kenan Kaymakcan
Technology & Business

Kenan Kaymakcan

Co-Founder

10+ yrs asset management & customer ops. Drove 50% ops cost reduction at scale. Founder/operator, applied AI at scale.

GE
Property Management

George Ellison

Advisor

Former CEO, Front Yard Residential (NYSE). Led institutional SFR platform to scale. 19 yrs at Bank of America. Wharton MBA.

EG
Property Management

Ercan Gurhan

Advisor

Former COO, Front Yard Residential. Led property acquisition and SFR operations across ~15K homes. Georgia State MBA.

EE
Property Management

Erdem Ertay

Advisor

Former VP of IT, Front Yard Residential. Modernized PM tech stack at scale. Deep SFR technology expertise.

Target Profile

Who we work best with.

Door Count
300 – 3,000 doors under management
Property Type
Third-party SFR property managers
Profile
Established ops, strong owner relationships, solid local reputation
Let's Connect

Let's talk about your business — on your timeline.

Whether you're a PM company owner exploring options, an investor, or a property manager looking to level up with AI — we'd love to hear from you.

kenan@kalicap.ai → ali@kalicap.ai →