Drake Powell

Drake Powell is a seasoned professional in the property management industry with over 25 years of experience in multifamily ownership, management, and value creation.1 He currently serves as a Principal at Asset Living, overseeing the Colorado portfolio, including corporate and community operations, capital improvement strategies, and client relations.1

Career Highlights

Drake co-founded Echelon Property Group, a Denver-based multifamily investment and management firm, which was acquired by Asset Living in 2021.12 Under his leadership, Echelon grew significantly:

• Managed 14,000 units
• Employed over 300 people
• Invested over $100 million in capital improvements
• Leased up over 2,000 new apartment homes1

Prior to Echelon, Drake held the position of Senior Vice President at Baron Properties for over 11 years, where he played a crucial role in managing operations and capital deployment.1

Education and Expertise

• Holds a BA in International Political Economy from Colorado College1
• Licensed Colorado real estate broker1
• Specializes in various aspects of property management, including:
  • Apartment fee management
  • Asset management
  • Due diligence
  • Renovations
  • Acquisitions and dispositions
  • Multi-family financing
  • New construction lease-ups
  • Senior housing
  • Student housing
  • Low Income Housing Tax Credit (LIHTC) and affordable housing management1

Professional Affiliations

• Past President and Hall of Fame member of the Apartment Association of Metro Denver1
• Long-serving member of the Regis Jesuit High School Planning and Major Projects Committee1

Drake Powell's extensive experience and leadership in the property management sector have contributed to his success and recognition in the industry.