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| File photo of Student Housing design--not part of the Innovative division described below |
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| Jared Miller |
Houston, TX –
INNOVATIVE Real Estate Companies, which already has a highly-successful student
housing division – INNOVATIVE Student Housing – is expanding its team to
prepare for significant growth and to focus on developing, acquiring and
managing a wider variety of multifamily communities.
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| Michael Augustine |
The firm has also hired two C-level executives to help lead
the expansion.
• Jared Miller is now President of Multifamily
Operations, Chief Marketing Officer and Partner.
• Michael Augustine is now President of INNOVATIVE
Real Estate Development, Chief Investment Officer and Partner.
“INNOVATIVE was formed to defy the conventional approach to
student housing and we are now doing the same in the market rate multifamily
sector,” said INNOVATIVE CEO Doug Sherman.
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| Doug Sherman |
“We don’t define our
value based on unit count, but on the service we provide to investors, partners
and residents – and the opportunities we can provide to our team. We drive
results by ensuring each community has more support than others in the space
can provide.
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| David Neef |
“Our strategy is to ensure our regional managers average no
more than 6 assets in their portfolio at any time. Welcoming Mike and Jared to
the company is a reaffirmation of our commitment to excellence and brings
additional strength to our company.”
“The addition of Mike and Jared to our team is a major
milestone for us,” added INNOVATIVE COO David Neef. “Our leadership
defines us and both Mike and Jared bring incredible experience to the team in
the multifamily and student housing arenas.”
For a complete
copy of the company’s news release, please contact:
Terri Thornton
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