American Landmark Hires Pip Cornish as Executive Vice President for Eastern Region Operations

CHARLOTTE, NC - American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has appointed Pip Cornish to the position of Executive Vice President for the Eastern Region. In this role, Cornish will oversee all aspects of property management at American Landmark’s 18 communities in North Carolina, South Carolina and Georgia, including operations, financial performance, product marketing and staffing.

He assumes the title from Lisa Grosse, who was recently appointed Executive Vice President of Design and Community Development.

Cornish brings over 20 years of experience in the multifamily sector, most recently serving as Director of Operations at Cortland Partners. He also held positions at Pegasus Residential, Equity Residential and GID Windsor Communities.

“Pip brings a wealth of experience in the multifamily space to American Landmark, including strengths in leasing oversight, asset management and capital improvements,” said Joseph Lubeck, Chief Executive Officer at American Landmark. “Most of all, he brings a passion for people, and has a unique talent for training/development. Under his leadership, our team members will be the most well-rounded, highly skilled professionals in the industry.”

Cornish resides in Charlotte, North Carolina.

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.