SouthGate Companies
Real EstateIowa, United States11-50 Employees
SouthGate is Iowa City's premier company for property management and real estate investment. Founded in 1962, SouthGate's purpose was to invest in Iowa City Real Estate. 60 years later, SouthGate is a thriving investment company with 600+ residential rentals and 300k SF of commercial space. SouthGate Companies traces its humble beginnings to Polish immigrant David Braverman, who started a business selling melons out of the back of a horse-drawn wagon. That business grew into a grocery store and ultimately Hawkeye Foods. As Braverman’s business grew, he began to invest in real estate in Iowa City. In 1962 SouthGate was officially born. SouthGate was owned and ran by the Braverman family from 1962 until 2019. In 2019, SouthGate Companies was acquired by Hillcrest Holdings, a Midwest-based, family-owned holding company, that invests in privately held middle market businesses in the United States. Its businesses operate in the transportation, insurance, real estate and IT services industries. Hillcrest’s mission is to support the continued growth and success of its existing portfolio businesses while diversifying into new industries through long-term equity investments in growing businesses that share its values of stewardship, hard work, empowering employees and giving back to the community. Previously, SouthGate developed more than a dozen residential subdivisions and 1,000 apartments, condominiums, townhomes, duplexes, and single-family residences. Currently, SouthGate manages over 1,000 residential units including condos, apartments, homeowners associations and townhomes in the Iowa City, Coralville, and Tiffin Iowa area.