Los Angeles-based multifamily investment management and development firm Cityview has hired Quinn Konitshek as its new director of acquisitions, based in the firm’s newly opened Dallas office.
Konitshek will help the company expand its pursuit of strategic stabilized and ground-up acquisition opportunities across the southwestern United States, particularly in Texas, Arizona, and Colorado, Cityview said. He will report to Damian Gancman, who was recently promoted to chief investment officer.
“With the hiring of Quinn and opening of our new Texas office, we are doubling down our efforts in Dallas, Phoenix, Denver and other fast-growing locations across the southwestern U.S. due to their incredibly strong job and population growth, high demand, and diverse economies,” Cityview CEO Sean Burton said in a statement. “Quinn’s extensive experience and relationships in these markets, particularly in Dallas, will help Cityview expand our presence in the region while providing the boots on the ground to effectively capitalize on strategic development opportunities and acquire assets well below replacement cost.”
The firm said that Konitshek’s hire comes at a time of rapid growth for the company, with Cityview highly focused on acquiring deals and deploying capital from its recently closed seventh discretionary fund.
“I look forward to bringing my local market expertise to Cityview as we work to pursue strategic investment opportunities in markets like Phoenix, Denver and Dallas where demand is high and the current supply is being absorbed,” Konitshek said in a statement. “Dallas continues to rate as a top investment market with impressive job and population growth, which presents an incredible opportunity for Cityview to capitalize on the current market and increase acquisition activity in the region.”
Expertise in multifamily investment
Previously, Konitshek worked in acquisitions at Kushner, where he sourced multifamily deals across Texas and the southwestern United States. Before that, he worked in acquisitions for Barvin, a Texas-based multifamily investment and development firm. He also worked on the development team for ROY Asset Holding, a Texas-based international family office.
Cityview said its new hire comes on the heels of two major acquisitions: Silva, a newly constructed 221-unit, Class A multifamily community in Silver Lake, California, and Tralee Village, a 130-unit multifamily project in Dublin, California.
Founded in 2003, Cityview is a vertically integrated real estate investment management and development firm focused on multifamily housing in gateway markets in the western U.S.
It’s invested in more than 130 projects to date.
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