LAS VEGAS — Locally based Stout Management Co. has been selected as property manager for Mezzo Apartments located at 3770 University Center Drive in Las Vegas. The community is made up of studio and one-bedroom units with hardwood laminate flooring and stainless steel appliances. Wi-Fi and cable are included with rent. Community amenities include a gated entry, a pool, fitness center, dog park and on-site maintenance services. As property manager, Stout Management Co. will oversee day-to-day operations, resident services and long-term asset management. According to Yari Matrix, the 455-unit community …
Company News
SEATTLE — Walker & Dunlop has hired Mark Washington as managing director of capital markets, multifamily investment sales. Washington will be based in Seattle and will lead multifamily sales across the Pacific Northwest. Prior to joining Walker & Dunlop, Washington served as an executive vice president with CBRE’s capital markets team in the Pacific Northwest, where he focused on institutional multifamily investment sales. Earlier in his career, he held roles at Eastdil Secured, JLL and TH Real Estate, advising clients on complex asset transactions and portfolio strategies.
CHARLESTON, S.C. — Lantower Residential, a Dallas-based operator and subsidiary of H&R REIT, is exiting the property management business. Greystar will take over management of Lantower’s approximately 7,895 units. The phased transition began Feb. 17. Greystar will assume management responsibilities for 23 multifamily communities, including two properties under development. As part of the transition, many of Lantower’s onsite and property leadership teams will join Greystar. H&R REIT is based in Toronto with a U.S. and Canadian portfolio comprised of residential, industrial and office properties totaling approximately 21.2 million square feet.
TAMPA, FLA. — Tampa-based owner-operator American Landmark Apartments has hired Adam Smolyar as chief technology officer. In his role, Smolyar will oversee core systems, data architecture, cybersecurity, data analytics and resident-facing platforms. He is responsible for ensuring the firm’s platforms are scalable and reliable and will partner with American Landmark’s executive leadership team to streamline technology solutions and financial systems. In Smolyar’s recent experience, he served as director of innovation initiatives and tech investments at UDR. Prior to that, he was chief marketing and technology officer at the Urban Land …
Larken Associates Promotes Jessica Heckman to Executive Vice President of Multifamily Operations
BRANCHBURG, N.J. — Larken Associates has appointed Jessica Heckman to the role of executive vice president of multifamily operations. In her new role, Heckman will oversee asset management, property management and leasing strategy and execution across the firm’s residential portfolio. Heckman first joined the company in 2008 and most recently served as director of residential asset management. Other titles held during her tenure include construction assistant, property manager and senior property manager. Branchburg-based Larken Associates owns a commercial portfolio that consists of office, industrial, retail, mixed-use and approximately 3,000 apartment …
WEST ORANGE, N.J. — David Oropeza and David Jarvis, former executives at Livingston, New Jersey-based brokerage firm Gebroe-Hammer, have founded ICON Real Estate Advisors. The new multifamily investment sales firm has arranged its debut transaction with the $35.1 million trade of The Grove at Piscataway, a 110-unit property in Piscataway. The asset, developed in 2020, was 100 percent occupied at the time of the sale. ICON represented the undisclosed seller in the deal and sourced a buyer that was completing a 1031 exchange. Oropeza spent 38 years at Gebroe-Hammer Associates. …
CHARLOTTE, N.C. — Crescent Communities has hired RKW Residential to third-party manage the developer’s NOVEL River District, a newly completed 318-unit property located within The River District, a 1,400-acre master-planned community in West Charlotte. NOVEL River District was the first project to be completed on the site. At full-build-out, The River District will include approximately 2,350 multifamily units as well as single-family, for-sale homes. NOVEL River District offers studio, one- and two-bedroom apartments and amenities such as a resort-style pool, fitness center, a plant room, outdoor recreation areas, dog park, …
BURR RIDGE, ILL. — Cullinan Properties, a commercial and mixed-use developer, has promoted Wayne Wozniak to chief financial officer. Wozniak, whose former title was senior vice president of accounting, will oversee financial operations, including accounting, tax strategy, financial reporting, forecasting and capital planning while working closely with executive leadership to advance Cullinan’s strategic initiatives. Wozniak joined the company in June 2024.
SAN RAFAEL, CALIF. — EAH Housing has hired Duane Hopkins as chief financial officer. Hopkins has worked in financial leadership roles since 2000, with 15 years dedicated specifically to affordable housing and real estate development. In his new role, Hopkins will oversee financial strategy, accounting, treasury, governance support, operations and information technology. He previously served in senior leadership roles at Housing Catalyst in Colorado and the Oakland Housing Authority, where he managed financial strategy, oversaw development pipelines and led organizational restructuring efforts.
Jonathan Rose Cos. Appoints Brandon Kearse as President and Chief Investment Officer
NEW YORK CITY — Affordable housing investment and development firm Jonathan Rose Cos. has appointed Brandon Kearse president, managing partner and chief investment officer. Kearse joined the company in 2015 as an associate director. In his new role, he will drive strategy and oversee operations across acquisitions, recapitalizations and investor relations. Jonathan Rose Cos. was founded in 1989. Its portfolio includes approximately 20,000 units across 14 states and Washington, D.C.