Jeff Bailey |
CHICAGO, IL (Dec. 8, 2014) – Waterton Residential, the
multifamily investment and management division of Chicago-based Waterton
Associates LLC, has hired veteran real estate executive Jeff Bailey as
senior vice president, operations, for its multifamily properties in the
western United States.
In his new position, Bailey will oversee operations at 12
properties comprising approximately 4,000 units in five states.
“Jeff is known in the industry for his ability to drive
performance at the community level while simultaneously shaping the successful
operating strategies of some of the largest apartment owners in the country,”
said Greg Lozinak, executive vice president and chief operating officer
of Waterton Residential.
“His familiarity with apartment markets throughout the
western U.S. will prove invaluable to Waterton as we continue to invest in the
region.”
Greg Lozinak |
Based in Waterton’s Southern California office, Bailey joins
the firm after spending more than 20 years managing multifamily portfolios for
both public and private companies.
He most recently
served as senior vice president of property operations at San Francisco-based
BRE Properties Inc., where he oversaw a 15,500-unit portfolio that generated
approximately 60 percent of company revenue.
He also spearheaded
recruiting at BRE and provided strategic direction relating to occupancy,
pricing, and capital improvement programs.
For a complete
copy of the company’s news release, please contact:
Abe Tekippe, atekippe@taylorjohnson.com,
(312) 267-4528
Kim Manning, kmanning@taylorjohnson.com,
(312) 267-4527
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