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Property Management Business Solutions Promotes M. Philip Romney to Chief Financial Officer

Property Management Business Solutions Promotes M. Philip Romney to Chief Financial Officer

Nation’s Leading Property Management Franchise Announces Key Executive Promotion

SALT LAKE CITY – November 3, 2016 –  Property Management Business Solutions (PMBS), the franchisor of Real Property Management, recently announced that M. Philip Romney has been promoted to Chief Financial Officer.

Romney joined PMBS in June 2015 as Vice President, Accounting, leading the Real Property Management franchise support team responsible for accounting and finance functions, including revenue and billing.

“Phil has made a significant impact in our accounting department over the past year implementing new processes and procedures to streamline our accounting for more efficient operations.” said Lukas Krause, CEO. “He will be instrumental in driving our business forward as we continue to grow and develop as a company.”

Romney has over 35 years of accounting/finance experience in a variety of industries. He began his career in the Seattle office of KPMG and has since held senior leadership positions in companies in the utilities, biotech, insurance and on-line retail industries, working most recently for He is a CPA and has master’s and bachelor’s degrees in Accounting.

“I was pleased to join the country’s leading franchisor in the property management space last year and look forward to helping lead the company’s growth and development in my new role,” said Romney. “We’re fortunate to have a very talented and capable team of executives and staff. My objective will be to support the company’s continued innovation and growth by enhancing our capabilities in the finance and accounting area.”

The company is now the leading property management franchise in the nation, with more than 280 offices in 46 states that manage assets worth more than $8 billion. Real Property Management offices specialize in managing single-family homes, townhomes, condos, multiplexes and small apartment buildings. Its services include finding and screening tenants, completing the lease agreements, collecting rent, arranging for any necessary repairs, and processing evictions when necessary. Real Property Management offices also manage the legal compliance for local, state and federal real estate law.

About Real Property Management

Real Property Management is a franchise organization owned by Property Management Business Solutions, LLC, a privately held corporation based in Utah. With over 30 years of industry expertise, Real Property Management offices provide full-service residential property management for thousands of investors and rental home owners from more than 280 independently owned and operated locations throughout the United States and Canada. For more information about Real Property Management, property management services or franchising opportunities, visit or

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