What The Kalos Group does

The Kalos Group is a specialty professional services firm that serves Greek-letter organizations (fraternities and sororities) at colleges and universities across the United States, providing development, construction management, property management, and financial/accounting services for chapter houses. The firm operates four integrated service lines spanning the full lifecycle of Greek housing assets—from real estate acquisition, design, and construction through ongoing operational management and tax reporting. It has guided development for more than 44 projects totaling over $274 million and completed 19 construction projects totaling more than $120 million, while currently managing more than 40 chapter house properties nationwide across the Southeast, Midwest, South, and Mid-Atlantic regions.

The company was founded in 2007 in Tuscaloosa, Alabama, evolving from founder John Murdock's earlier Greek Resource Services (established 1988). Around 2012 it rebranded to The Kalos Group to reflect its broader scope beyond initial property management into construction management and development. Its technology footprint is light: tenant and owner self-service is delivered through a third-party AppFolio-based portal at passport.appf.io, supporting online rent payment, maintenance requests, lease agreements, and financial reporting access. Payroll is processed via ADP integration. There is no proprietary platform, custom software, or differentiated technology IP—the operating model is fundamentally a domain-specialized consulting and management practice rather than a software-enabled business.

The business model is project- and contract-based professional services with no publicly disclosed pricing or standard rate cards. Revenue is generated across four streams: development fees (real estate identification, design team hiring, pro forma creation), construction administration fees (design-phase guidance, contractor hiring, OAC meetings, move-in coordination), recurring property management fees (inspections, lease management, vendor management, security systems), and accounting/financial services (accounts receivable/payable, payroll via ADP, Form 990 and 990-T preparation). Go-to-market is relationship-driven and referral-based within the Greek alumni network, with named projects at institutions including the University of Alabama, Mississippi State, LSU, University of Florida, University of Georgia, University of Virginia, University of Oklahoma, Butler, and University of Cincinnati.

Name

The Kalos Group

Legal name

The Kalos Group

Website

https://thekalosgroup.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

The Kalos Group is a Tuscaloosa-based professional services firm that guides fraternity and sorority house corporations through chapter house development, construction management, property management, and financial/accounting services across 15+ US universities.

Ownership category

akta.pro rank

Product category

Greek Housing Development & Construction Management

NAICS

Rooming and Boarding Houses, Dormitories, and Workers' Camps (7213), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-To Dwellings & Other Buildings (7340), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Student Organizations & Club Administration (EDALAHAB)

akta.pro secondary industries

New Development / Declarant Transition Management (BPAJAHAK), Homeowners Association (HOA) Management (BPAJAHAB)

Keywords

• Greek housing development
• Construction management
• Property management
• Fraternity chapter houses
• Sorority housing services

Headquarters

HQ city

Tuscaloosa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Project Development Services: Fees for guiding Greek organizations through real estate acquisition, design team hiring, schematic design, budget development, project scope determination, and pro forma creation. The Kalos Group has provided project development services for more than 44 projects totaling over $274 million.
2. Construction Management Services: Fees for construction administration services including design phase guidance, pre-construction budgets, municipal/university approval, financing, contractor hiring, contract management, OAC meetings, and move-in coordination. Completed 19 construction projects totaling more than $120 million.
3. Property Management Services: Ongoing property management fees for client properties across the country, including inspections, lease management, preventative maintenance, vendor management, security systems, and move-in/move-out coordination.
4. Financial & Accounting Services: Fees for accounting and reporting, accounts receivable/billing, accounts payable, payroll processing via ADP, and tax reporting including Form 990 and Form 990-T preparation.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

The Kalos Group provides Greek housing development, construction management, property management, and financial/accounting services for fraternity and sorority chapter houses. The firm serves as an outsourced partner for Greek house corporations and national organizations overseeing the full lifecycle of chapter house facilities, from new construction through ongoing operations.

Product overview

The Kalos Group is a Greek housing development and construction management company that operates as a service-based business offering four integrated core service lines: Greek Housing Project Development, Construction Management, Property Management, and Financial & Accounting Services. The company was founded in 2007 as GRS Properties and rebranded to The Kalos Group. These services are designed to guide fraternity and sorority house corporations through the complete lifecycle of chapter house projects—from initial development and construction through ongoing property management and financial administration.

Differentiator

Problem solved

Functional benefit

Products and services

• Greek Housing Development
• Construction Management

Quantifiable outcome

• 44+ project development projects completed totaling over $274 million
• +2 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Greystar Real Estate Partners: Global leader in student and multifamily housing investment and property management. While not Greek-specific, Greystar's student housing platform competes for the same property management mandates and represents the dominant scaled alternative Kalos could face on larger accounts.
• Asset Living: Large third-party student and multifamily housing property manager. Comparable in property management services but serves a much broader client base beyond Greek organizations, providing a useful incumbent benchmark for operational scale.
• The Preiss Company: Student housing acquisition, development, and property management firm. Comparable in property management and development services, primarily serving off-campus student housing rather than Greek chapter houses.
• The Scion Group: Student housing developer, owner, and manager with a national footprint. Comparable in property management and development capabilities but focuses on purpose-built student housing rather than Greek-specific chapter houses.
• American Campus Communities: One of the largest publicly-traded student housing owners and developers (now part of Blackstone). Comparable in scale of student housing development but operates at a vastly larger, non-Greek-specialized level.

Emerging players

• Inhance: Greek organization member engagement and content platform serving fraternities and sororities. Comparable through the shared Greek vertical but operates in digital member engagement rather than property/construction services.
• ChapterSpot: Greek organization management software platform serving fraternity/sorority chapters with operational and member management tools. Comparable through shared Greek-vertical focus, though operating in software rather than physical real estate services.

Direct peers

• The Rhodes Companies: Specialized Greek housing real estate developer and property manager serving fraternity and sorority house corporations. Highly comparable to Kalos in customer base, service mix (development, construction, ongoing management), and vertical focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/the-kalos-group-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Kalos Group