Wednesday, February 20, 2008

Patrick O’Donnell Joins Lane Southeast as Development Partner

O’Donnell Will Spearhead Projects in Georgia and Tennessee

ATLANTA-– Lane Southeast, a subsidiary of multifamily real estate firm Lane Company, has hired Patrick O’Donnell as its newest Development Partner. He will aggressively seek land and partnership opportunities in all major Southeastern markets, particularly Atlanta and Nashville, Tennessee.

“We are enthusiastic about using our expertise in mixed-use development, especially high density projects with a strong pedestrian connection and a variety of services within the project,” O’Donnell says. “But it’s not enough just to find good deals. In today’s market you have to have the financial strength and track record of delivery to get things done,” he added. “Lane is fortunate enough to have both.”

He was previously Vice-President of Development for Place Properties, an Atlanta-based real estate development firm. He has also served as Director of New Store Development for Trammell Crow Company, Director of Development for Holder Properties, Inc., and Vice-President of Multifamily Housing for Ultima Holdings, LLC.

Southeast Development Partner John Bell says the firm chose O’Donnell to source and develop new projects in the Georgia/Tennessee region because of his extensive experience in both residential and commercial real estate.

“He’s a results-oriented senior team leader with a proven track record in site analysis, acquisition, project entitlement and development management,” Bell says. “He also has that entrepreneurial spirit we’re looking for, which lets him work independently, and as leader of the team.”

O’Donnell says he will be seeking all types of projects, but sees the most potential in intown markets. “We are not afraid to take on difficult projects,” he concludes.

O’Donnell earned his Bachelors degree in Business from Miami University in Oxford, Ohio, and his M.B.A. from the Goizueta School of Business at Emory University. He is a member of CoreNet and the Midtown Alliance, and serves on the Traffic Committee of the Ansley Park Civic Association.

About Lane Company

Lane Company (http://www.lanecompany.com/) is a vertically-integrated, full-service multifamily real estate company. Its expertise extends to all areas of real estate including apartment and condominium development, investment, property management, construction, asset management, marketing and sales. With over 30 years experience, Lane Company is recognized as one of the most innovative, efficient and technologically-advanced firms in the multifamily industry. Its goal is to make big things happen by connecting people and communities one home at a time.

Media Contact:
Terri Thornton,
Thornton Communications,
404-932-4347
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