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| Saim Chaudhry |
Sacramento, CA – Saim Chaudhry has joined 29th Street
Capital as Acquisition Director for Sacramento. Saim is responsible for all
facets of the privately-held real estate investment and advisory firm’s
activity in the Sacramento market, and will lead all multifamily acquisitions
and asset management strategies there.
Growing up in Sacramento,
Chaudhry showed a passion for real estate from a young age, acquiring a strong
understanding of the overall real estate market and an intimate knowledge of
its various neighborhoods.
“Saim allows 29SC to
continue to expand its footprint throughout the U.S. and I believe his
self-motivating mentality fits in well with our team,” said 29th Street Capital
Managing Director Robert Bollhoffer.
“We are delighted to open our 13th office and support Saim in growing our
platform in Sacramento. We expect he will be a tremendous asset to add to our
growing team.”
Chaudhry has a proven
track record of sourcing off-market, value-add multifamily properties
throughout Sacramento, and consistently providing tremendous value for his
investors. His previous work experience includes Golden State Homes and Davis
Berk Realty.
“The combination of his
local knowledge along with 29SC’s platform allows for an exciting expansion
into a new market,” Bollhoffer added.
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| Robert Bollhoffer |
“I am very happy to join a
hands-on real estate group like 29th Street Capital and cannot wait to build a
presence throughout Sacramento,” Chaudhry stated. “Sacramento continues to
exhibit strong fundamentals both in the multifamily sector and the overall
economy.”
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.
Formed in 2009, 29SC is a
privately-held real estate investment and advisory firm that employs a
value-added investment strategy in acquiring properties that fall below the
radar of institutional peers.
29SC’s multifamily portfolio consists of over
7,000 units and it has acquired over 9,000 units across its 12 offices in the
U.S. Investments typically require approximately $10 to $50 million of total
capital and involve the acquisition or recapitalization of real estate assets,
portfolios or platforms.
Learn more about 29SC at www.29thstreetcapital.com.
For a complete copy of the company’s news release,
please contact:
http://www.facebook.com/pages/Thornton-Communications/112101288827299
http://twitter.com/Ttho http://www.linkedin.com/in/TerriThornton Terri Thornton
Partner, Thornton
Communications
Phone: 404-932-4347
Email: Terri@TerriThornton.com
Website: www.TerriThornton.com
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