Cirrus Asset Management was founded by Steve Heimler for the purpose to acquire, reposition and operate multifamily and hospitality assets in California, Arizona and Hawaii. Prior to Cirrus, in 1989, Steve founded Stratus Management, which through its many mergers and acquisitions, became known as Stratus Real Estate, Inc. Stratus became the second largest apartment property manager in 2007. Stratus has since been regarded as the premier regional third-party property management firm specializing in the management and repositioning of multifamily assets. The team includes nearly 1,000 associates managing a portfolio of over 23,000 apartments at 215 properties throughout California, Arizona and Hawaii.

The team at Cirrus Asset Management, Inc. was formed by assembling the outstanding performers from each critical department of Stratus Management. With the newly created team, Cirrus focused efforts toward the 'owned porfoltio' while continuing to engage in consulting services for third party clients. The veteran management team at Cirrus brings extensive experience in property acquisitions, property operations, construction management, accounting, financial engineering, and dispositions.

Our team has assisted in the transfer of nearly $4,000,000,000 in assets with over twenty years of working with well established names in the multifamily industry, our team has assisted in the transfer of nearly $4,000,000,000 in assets. Currently, Cirrus manages and asset manages a portfolio valued at over $1,000,000,000. In addition to property management, Cirrus is also active in Asset Management, Receivership, REO consulting, and Strategic Asset Plan Development. Cirrus is currently responsible for the asset management of over 3,500 apartments in four states and directly manages an additional 3,500 apartments in California, Arizona and Hawaii. A specialized focus on high-tech marketing and cash-flow maximization is increasingly relevant following the nation’s recent financial meltdown, because of Cirrus’ counter-cycle operating strength.

At Cirrus, excellence in management oversight is a team-oriented process; not a product. We recognize the importance of new technology and methodogies in enhancing property performance. We encourage our potential investment partners and consulting clients to study our documentation and marketing materials. But, more importantly, we urge potential business partners to speak with our long list of institutional and private references to obtain objective opinions about our quality and expertise, and why partnering with Cirrus Asset Management, Inc. will benefit you.

Cirrus has several affiliated organizations including Unique Boutique Hospitality Group, LLC and Stratus Hotel Group, which manage boutique and other hotels in California and Hawaii.