Saturday, September 28, 2013

INNOVATIVE Real Estate Companies Expands, Adds C-Level Hires; Firm Pursues Multifamily Development, Management

  
File photo of Student Housing design--not part of the Innovative division described below


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.

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.

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.

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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