 |
| Richard Marshall |
San Diego, CA – Richard Marshall has joined 29th Street
Capital as Acquisition Director for Southern California. Marshall is
responsible for all facets of the privately-held real estate investment and
advisory firm’s activity in the Southern California market, and will lead all
multifamily acquisitions and asset management strategies there.
Marshall has over 14 years
of real estate investment, development and asset management experience across a
variety of asset types, including multifamily. Prior to joining 29th Street
Capital, Marshall was an Asset Manager with Sabal Financial Group working with
distressed debt and distressed real estate.
In this role, he was
responsible for all loan resolutions including: discounted pay-offs, loan
restructuring, deed-in-lieu of foreclosure, foreclosure and litigation.
Additionally, he was fully responsible for re-positioning, leasing, renovations
and dispositions of all assets in his portfolio.
“Richard brings a
tremendous amount of experience to 29SC and a strong knowledge of multifamily
fundamentals throughout Southern California,” said 29th Street Capital Managing
Director Robert Bollhoffer. “He has
a remarkable entrepreneurial mentality and we look forward to supporting
Richard as we expand into this region.”
Before joining Sabal,
Marshall was part of Archstone Apartments highly-competitive post-MBA Management
Development Program. In addition to working directly with on-site personnel,
Marshall assisted with acquisitions and dispositions in Southern California as
well as tax compliance in New York City.
 |
| Robert Bollhoffer |
While working with a
Receiver, Marshall oversaw a collection of apartment buildings in Santa Monica,
California and was responsible for repositioning the properties. Prior to that,
Marshall was Director of Real Estate acquisitions for Hanford Hotels, focusing
on land acquisitions for hotel development.
“I am excited to join the
29th Street Capital team and begin to focus on multifamily acquisitions,”
Marshall stated. “I believe there is great opportunity throughout Southern
California and I believe a local presence will prove beneficial.”
In addition to sourcing
and completing acquisitions, his responsibilities involve end-to-end oversight
of projects including the selection of third-party management, supervising all
capital projects, marketing/design and eventual disposition.
Marshall obtained a Master’s
degree in Business Administration with a concentration in Business Leadership
from the University of Notre Dame. He also completed his Master of Science in
Real Estate from the University of San Diego. He obtained his Bachelor’s degree
from California State University at Fullerton.
For more information on this press release, please
contact:
Terri Thornton
Partner, Thornton
Communications
Phone: 404-932-4347
Email: Terri@TerriThornton.com
Website: www.TerriThornton.com
No comments:
Post a Comment