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Sun Communities has appointed Robert Garechana as Executive Vice President and CFO, effective September 8. Garechana previously served at Equity Residential for over 20 years, holding roles as CFO and Chief Investment Officer.
As summer temperatures rose, multifamily firms across the U.S. welcomed new executives to steer growth, manage platforms, and lead capital-raising efforts. This article summarizes notable appointments.
Camden Property Trust announced that co-founder Keith Oden will retire from his executive position on August 31 but will remain on the board of directors. This move is the final phase of the company's multi-year succession plan. Oden has worked with Chairman Ric Campo since 1981 to build the company into a REIT that has been named to Fortune's Best Employers list for 19 consecutive years.
In the second half of 2026, sentiment in the multifamily industry is shifting from widespread pessimism to 'cautious optimism.' On the Berkadia podcast 'Inside the Deal,' Ernie Katai, Executive Vice President of Production at Berkadia, and economist Jay Parsons delve into the real picture of interest rates, supply, rental demand, and capital markets. Parsons summarizes the current environment with three words: 'volatile,' 'tenant's market,' and 'resilience,' noting that the core issue is not insufficient demand but the absorption of a historic wave of supply. As deliveries decline and effective rents improve, the path to market recovery is becoming clearer, but operations still rely on meticulous execution at the project level.
Grand Peaks, based in Denver, announced two executive appointments on July 28: Chris Manley as President and Kevin Foltz as Chief Investment Officer. Both bring decades of experience in the real estate industry and will support the company's expansion in the multifamily sector.
Houston-based apartment operator Asset Living announced the appointment of Marti Burrows as Chief Operating Officer. The company currently manages over 450,000 units nationwide, and this appointment is seen as a significant milestone in its scaling efforts. Burrows previously managed over $22 billion in assets at Nuveen Real Estate.
Hillpointe, a real estate firm based in Winter Park, Florida, announced the promotion of three leaders to vice president positions: Amanda Sistrand (corporate and event marketing), Jessica Gooden (property, marketing, startup and pre-leasing operations), and Tyler Garner (brand and creative). The promotions were announced in a press release shared with Multifamily Dive and highlight the trio's contributions to the firm's growth.
American Landmark Apartments announced on June 15 that it has appointed Elizabeth Roy as Chief Investment Officer (CIO). Roy will be based in the Palm Beach County office, report directly to CEO Joe Lubeck, and lead the company's investment strategy, capital deployment, acquisitions, risk management, and portfolio management. She believes this is a favorable time to join the company and is optimistic about rent growth prospects in the Sun Belt market from 2026 to 2027.