Our client is a multinational investor with a multi-billion-dollar portfolio that includes real estate, private equity, public equity, fixed income, credit, and foreign exchange. The company’s real estate holdings include world-class office and retail assets in major cities around the globe.
Through partnerships with best-in-class apartment owner/operators, the company rapidly built a portfolio of nearly 30,000 quality value-add multifamily units in primary and secondary markets across the US. In order to ensure that these properties - and additional planned acquisitions - were managed according to the investment proformas, the company retained SCI to recruit a senior executive to head the asset management function for the multifamily platform.
The search resulted in the placement of a director of asset management who had been responsible for NOI and NAV expansion of a large regional portfolio for one of the leading multifamily acquisition/redevelopment/repositioning organizations in the US.