ATLANTA, GA - American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has appointed Lisa Grosse to the position of Executive Vice President of Design and Community Development – a newly created position that bridges the roles of capital management and interior design.
Grosse had previously served as American Landmark’s Executive Vice President for the Eastern Region, which has now been filled by Pip Cornish of Charlotte, North Carolina.
“This position was tailor-made for Lisa, who has over two decades of senior leadership in multifamily asset management, tremendous project management and financial acumen, and an eye for good design,” said Stacey Bondar, Chief Operating Officer- East Coast for American Landmark.
In this role, Grosse will work closely with the company’s COOs, EVPs, regional managers, contractors and vendors to plan and execute property rebranding and brand management, building design and construction projects, resident-focused events such as grand re-openings, and other initiatives with a brand and company culture focus.
Grosse resides in Atlanta, Ga.
About American Landmark Apartments: American Landmark Apartments/Electra America is one of the fastest-growing multifamily owner-operators in the United States. Based in Tampa, Florida, American Landmark specializes in the opportunistic acquisition and aggressive management of value-add multifamily assets located in high-growth markets throughout the Southeast United States. Our current portfolio consists of approximately 23,000 units in Florida, Georgia, North Carolina, South Carolina and Texas. The sponsorship team has a solid 25-year track record in the multifamily arena, having purchased and successfully exited over 150,000 units. Including the sale of its public company, Landmark Apartment Trust, to Starwood for $1.9 billion in 2015, the leadership team has delivered an average 23 percent IRR to investors over the past 25 years and our current funds are outperforming projections. We believe in alignment of interests between sponsors and investors, and full and transparent audited reporting in both GAAP and IFRS. American Landmark is committed to delivering great service and outstanding living environments to residents; and delivering consistent, attractive risk-adjusted returns to investors and partners.