Houston, TX (July 31,
2017) – Doug Burt has joined 29th
Street Capital (29SC) as Vice President of Multifamily Acquisitions for Houston
and Central Texas.
Burt is responsible for
all facets of the privately-held real estate investment and advisory firm’s
multifamily acquisitions and asset management strategies in this region.
He will target opportunistic and value-add
acquisitions in the market with the goal of expanding the company’s presence in
the region and add to the existing portfolio, which consists of seven assets
and over 2,000 units.
“We are extremely pleased
to have Doug join our acquisition team,” said 29th Street Capital Senior Vice
President Javier Bustillo. “He has
an established track record of success in Texas and will play a key role in our
company’s continuing expansion.”
“I’m excited to be joining
an extremely well-capitalized, yet still very entrepreneurial company like 29th
Street Capital,” Burt said. “I’m looking forward to growing the company’s
portfolio throughout the Texas markets.”
Javier Bustillo |
His responsibilities included underwriting, sourcing investment opportunities, negotiations and new business development.
Having conducted sales and acquisitions of value-add multifamily properties throughout the state of Texas, Burt has a proven record in all aspects of multifamily real estate investments.
He possesses a strong understanding of multifamily financial analysis, market conditions and investment principles. Burt earned his BBA in Real Estate at the University of North Texas.
In addition to sourcing
and completing acquisitions, his responsibilities at 29SC include complete
oversight of projects; selecting third-party management; and overseeing all
capital projects, marketing/design and dispositions.
For a complete copy of the company’s news release,
please contact:
Terri Thornton
Partner, Thornton
Communications
Phone: 404-932-4347
Email:
Terri@TerriThornton.com